Construction Loan Closing definition

Construction Loan Closing means the closing of the transactions described in Section 5.2 hereof.
Construction Loan Closing means recordation of the Senior Loan Security Documents in the Official Records.
Construction Loan Closing means the loan closing for the construction portion of the Approved Financing, held immediately prior to the start of the Project’s rehabilitation.

Examples of Construction Loan Closing in a sentence

  • The Fremantle Netball Association will be responsible for the appropriate functionality, safety and ongoing maintenance liabilities of the new building.

  • Construction Loan Closing - The date mutually approved by PHFA and Owner upon which the parties execute the Contract Documents.

  • For projects using HCR funds for construction financing, or where HCR has an existing regulatory interest in the project, evidence of the required insurance during construction must be submitted prior to the construction closing as part of the Construction Loan Closing submission.

  • Please see HCR’s Legal Documents Manual, Index XVI, Construction Loan Closing Checklist III, Insurance for further information on the required insurance.Owners/awardees must submit the necessary borrower insurance binders or certificates as part of the Permanent Loan Closing submission.

  • Prior to Construction Loan Closing and during the Covenant Period, or such time as the Covenant Period is extended, in writing, by mutual agreement of the Landlord and Tenant during the Term or Extended Term, the Rent shall be ONE DOLLAR AND NO CENTS ($1.00) per year.

  • The following insurance requirements shall only apply after Construction Loan Closing.

  • Residents of these countries should apply for an Evolution Health Plan (Asia Pacific).

  • Large-scale cavity treatment, measurement and module assembly: Complete planning of a new infrastructure (includes buildings, test facilities, man power, consumables, ramp up/ramp down...), is worked out by two companies (similar as under item 5), is a ready to go plan.

  • Development Agreement at 12–14, 19–21, §§ 4.3 (Construction Loan Documents and Closing), 5.2 (City Conditions), 5.3 (Construction Loan Closing).

  • FINANCIAL COSTS: Applicant Costs Revised Applicant Costs Underwriters Total Costs ‐ CUR Cost Per Unit HC Ineligible Costs ‐ CURConstruction Loan Application Fee $0 Construction Loan Underwriting Fee $0 Construction Loan Origination Fee$179,400 $0 Construction Loan Commitment Fee $0 Construction Loan Closing Costs $0 Construction Loan Interest $0 Construction Loan Servicing Fees $0 Permanent Loan Application Fee $19,000$19,000$86$19,000Permanent Loan Underwriting Fee $0$0Permanent Loan Subsidy Layering Rev.


More Definitions of Construction Loan Closing

Construction Loan Closing means the closing of the Construction Loan and the funding of the first draw of proceeds under the Mortgage Loan and the Mezzanine Loan on the date hereof.
Construction Loan Closing means each applicable consummation of a Construction Loan.
Construction Loan Closing means the Closing of the Construction Loan, which shall be on a date which is on or before twenty (20) months from the Closing Date on Developer’s acquisition of the Site.
Construction Loan Closing refers to the closing of all loans funding acquisition, rehabilitation, and the construction of the project.
Construction Loan Closing means the closing of the construction loan(s) to be obtained by

Related to Construction Loan Closing

  • Loan Closing means the date on which an executed Loan Agreement between the Trust and a Borrower is delivered pursuant to this Bond Resolution.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.