Construction Portion definition

Construction Portion means that portion of an issue or the New Money Portion of a Multipurpose Issue at least 75% of the Available Construction Proceeds of which are to be used for Construction Expenditures with respect to property that is, or upon completion will be, owned by a Governmental Unit or a 501(c)(3) Organization and that finances 100% of the Construction Expenditures.
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Construction Portion means as to any Site, that part of that Site as to which Construction is occurring and which is not Arco Operating Premises or Perox Xxxrating Premises or which is not subject to any Interim Permitted Lease.
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Examples of Construction Portion in a sentence

  • In total there was a net release of £62,421,000 during 2015 in respect of claims outstanding at 31 December 2014 (2014: a net release of £98,566,000).

  • Mr. Sciuto stated that the funding would come from the following accounts:  CP 297 (Construction Portion) – Station 13 Valve Replacement$250,000 CP 298 – Monterey Pump Station Drives $250,000 CP 299 (Complete Project) – Trickling Filter $350,000 CP 300 (Phase 2) – Pump Station & Conveyance $350,000 In response to questions from the Board regarding the criticality of the defunded projects, Mr. Sciuto stated that while all these projects are necessary, pushing them back will not be detrimental.

  • If an election has been made in the Issuer’s Tax Compliance Certificate to bifurcate an issue or the New Money Portion, the Construction Portion (i.e., that portion of the issue or the New Money Portion which satisfies the 75 percent test stated in the preceding sentence and which finances 100% of the Construction Expenditures) is treated as the Construction Issue and the balance of the issue or the New Money Portion is treated as the Nonconstruction Portion.

  • Each construction contract for the Construction Portion of the Project shall require each contractor to supply payment and performance bonds acceptable to the Director for the full cost of the Construction Portion of the Project covered by such construction contract, but only if the contract price of the construction contract exceeds individually or in the aggregate $100,000.

  • The parties herein agree to abide by the following terms and conditions in conjunction with the existing Local collective agreement except and whereas it is otherwise amended by the terms and conditions of the Memorandum of Agreement for the Construction Portion of the Standard ConstructionAgreement.

  • However, discussions around the most suitable plan will be held before any implementation.

  • Monthly Payments: (a) Construction Portion RM128,934,.84 (b) Conveyor Belt System Portion RM41,666.67 The first payment of the Deferred Selling Price shall commence upon the expiry of Grace Period over a tenure of 96 months.

  • Commencing as of the Close of Escrow, portions of the Construction Portion of Authority Loan (Property and Construction) shall be disbursed on a line-item by line-item basis in accordance with the Project Budget.

  • The Completion Date for the Construction Portion of the Project shall occur not later than December 31, 2006, and shall be evidenced to the Director by a certificate in substantially the form of Exhibit F (the “Construction Completion Certificate”), and signed by an Authorized Borrower Representative of each of the Borrowers.

  • Bxxxxxxx does hereby authorize Lxxxxx to withdraw funds from the Loan and under the Note (a) from the Construction Portion to pay construction draws, and (b) from the Interest Portion to pay interest on the Note when due and (c) to provide working capital as permitted hereunder, so long as Lxxxxx provides Borrower prior to written notification of said withdrawal.

Related to Construction Portion

  • Construction Budget means the cost of acquisition, installation, testing, constructing and developing any Property as determined by the Construction Agent in its reasonable, good faith judgment.

  • Construction project means the same as that term is defined in Section 38-1a-102.

  • Construction Plant means appliances, machinery with necessary supply to up keep and maintenance of the works or temporary works but dose not include materials or other things intended to form part of the permanent work.

  • construction site means a workplace where construction work is being performed;

  • Construction Completion Date means date of the completion of the Construction Period, which shall be at the expiry of a period of 24 (Twenty Four) months from the Compliance Date or such other date (with the consent of the Authority) by which the overall development of the Project is completed in accordance with the provisions of this Concession Agreement and when the Construction Completion Certificate is issued by Authority as per Article 14.1.

  • Construction Debt means debt incurred to fund (a) all or a portion of a Capital Improvement, (b) interest payments (including periodic net payments under related interest rate swap agreements) and related fees on other Construction Debt or (c) distributions (including incremental Incentive Distributions) on Construction Equity.

  • Construction management at-risk means a project delivery method in which the District awards separate contracts, one for architectural and engineering services to design an infrastructure facility and the second to a construction manager at-risk for both construction of the infrastructure facility according to the design and construction management services.

  • Construction sign means a sign which identifies the architect, engineers, contractors and other individuals or firms involved with the construction of a building, or announces the character of the building or enterprise, which is erected during the building construction period.

  • Construction activity means any clearing, grading or excavation associated with large construction activity or associated with small construction activity.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Construction Schedule means a construction schedule indicating the planned start and completion dates of the major activities of the Work as set out in Appendix [ ], a future Appendix;

  • Built-Up Area and/or “Covered Area” in relation to a Flat shall mean the floor area of that Flat including the area of balconies and terraces, if any attached thereto, and also the thickness of the walls (external or internal) and the columns and pillars therein Provided That if any wall, column or pillar be common between two Flats, then one-half of the area under such wall column or pillar shall be included in the built-up area of each such Flat.

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • Construction Party means a party to a Construction Service Agreement. “Construction Parties” shall mean all of the Parties to a Construction Service Agreement.

  • Construction waste means solid waste which is produced or generated during construction, remodeling, or repair of pavements, houses, commercial buildings, and other structures. Construction wastes include, but are not limited to lumber, wire, sheetrock, broken brick, shingles, glass, pipes, concrete, paving materials, and metal and plastics if the metal or plastics are a part of the materials of construction or empty containers for such materials. Paints, coatings, solvents, asbestos, any liquid, compressed gases or semi-liquids and garbage are not construction wastes.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.

  • Subproject means a Subproject under the Project that meets the Subproject eligibility criteria set forth in paragraph 2 of Schedule 5 to this Loan Agreement;

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Construction Zone shall have the meaning set forth in Clause 8.3 (i);

  • Construction Work means any work in connection with⎯

  • Construction Phase means that Phase of the Project which shall commence after the Authority provides the Trade Contractor with written Notice to Proceed with the Construction Phase.

  • Construction Drawings means the drawings showing building components and the manner in which they are assembled to form a building.

  • Planned special exposure means an infrequent exposure to radiation, separate from and in addition to the annual occupational dose limits.

  • Construction Parties means all of the Parties to a Construction Service Agreement.

  • Construction Plans means plans, drawings, specifications and related documents, and construction schedules for the construction of the Project, together with all supplements, amendments or corrections, submitted by the Developer and approved by the City in accordance with this Agreement.

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.