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).

  • 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.

  • In addition, during the Interim Term with respect to each Site, the Supplemental Rent allocable to the Construction Portion of that Site shall be payable out of the proceeds of any Advance in accordance with the Construction Budget, made by the Participants, in part, to 4 Master Lease Agreement 6 provide for the payment of the allocated portion of the Supplemental Rent due with respect to the Construction Portion of that Site.

  • In terms of the latter, it was argued that, while there is a common view that at its heart Ubuntu is about the fundamental interdependency of human beings, there are still debates about its meaning.

  • 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.

  • Discussion about making this a permanent policy was held but deferred until after the Fall 2021 Program season.5. 2021 Roadwork Award – Construction Portion – Great Valley Consultants is recommending that the contract for the 2021 Streets Construction Project be awarded to H&K Group for the base bid and the Alternate Bid for Old Fritztown Road for a total amount of $1,013,709.65.

  • In the case of requests for disbursements with respect to Allowable Costs of the Construction Portion of the Project, such request shall include the certification of the Independent Engineer and the Prevailing Wage Compliance Agent with respect to such disbursement as set forth in the Disbursement Request Form and completed forms AIA-G702 and AIA-G703.

  • 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.

  • Funds may be drawn under the Notes up to the Construction Portion for the payment of construction costs due under the Construction Contract, subject to the terms and conditions of the Construction Financing Rider, and to provide funds for the acquisition and installation of equipment.

Related to Construction Portion

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

  • 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;

  • 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.

  • Subproject means a specific development activity under Part 3(c)(ii) of the Project, and included in the Community and Sector Development Plans, to be financed out of the proceeds of a Sub-grant; and “Subprojects” means more than one such Subproject.

  • Construction Work means any work in connection with⎯

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.