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Corresponding Project definition

Corresponding Project. Aggregate Principal Amount of the Corresponding Loan: U.S. $ _____________ Borrower: ____________________________ Repayment Terms of the Loan: _________6 Term of the Loan: __________7 THIS LIMITED RECOURSE OBLIGATION AGREEMENT, dated as of the Original Issue Date, is between Groundfloor Real Estate 1, LLC, a Georgia limited liability company (the “Company”), and the Holder (as amended, supplemented or otherwise modified from time to time in accordance with the terms hereof, this “Agreement”).
Sample 1

Examples of Corresponding Project in a sentence

  • Location: The area is located between 27.8°N and 26.5°N latitude, and between 142.0°E and 142.3°E longitude.

  • The Borrower shall cause each Corresponding Project Company to obtain and maintain extended warranties under the Turbine Supply Documents for all Turbines with a duration of not less than 24 months from the expected COD for such Turbines, so long as such warranty coverage is available on commercially reasonable terms, or, if not available on commercially reasonable terms, warranties for such lesser period as are obtainable on commercially reasonable terms.

  • The Borrower shall and shall cause each Corresponding Project Company to comply with (i) laws, including all environmental laws, applicable to the Borrower and each Corresponding Project Company and (ii) all permits applicable to the Borrower, all laws, including all environmental laws, applicable to the Borrower and each Corresponding Project Company, unless, in any case, (i) or (ii), the failure to do so would not reasonably be expected to have a Material Adverse Effect.

  • There are no claims or investigations pending, or to the Borrower’s knowledge, threatened by any Governmental Authority of or against the Borrower and/or any Corresponding Project Company under any applicable environmental law that could reasonably be expected to have a Material Adverse Effect.

  • To the knowledge of the Borrower, none of the Borrower and/or any Corresponding Project Company or any subcontractor of any such Person has used, released, discharged, generated, manufactured, stored or disposed of any hazardous substances in, on or under the relevant proposed project site for which the Turbines may be delivered that that could reasonably be expected to have a Material Adverse Effect.

  • The Administrative Agent shall have the right, upon reasonable advance notice to the Borrower and at reasonable times during the Borrower’s usual business hours, to audit, examine and make copies of the books of account and other records of the Borrower and each Corresponding Project Company as applicable, and to discuss the financial condition and business of the Borrower or such other Person with its respective authorized representatives.

  • Neither the Borrower nor any Corresponding Project Company has any Indebtedness other than Permitted Indebtedness.

  • The Borrower shall pay, and shall cause each Corresponding Project Company to pay, all taxes that such Person is required to pay to the extent due; provided, however, that the Borrower and each Corresponding Project Company, as applicable, shall not be obligated to pay such taxes to the extent any of them is contesting the validity or amount of any such tax by appropriate proceedings as long as such Person has established adequate reserves for the payment thereof as and to the extent required by GAAP.

  • This is because of the agricultural operations do not effect through out the year.

  • Each Corresponding Project Company shall obtain and maintain each permit reasonably necessary for the activities occurring at the related Project, unless the failure to do so would not reasonably be expected to have a Material Adverse Effect.

Related to Corresponding Project

  • Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;

  • Development Project means a project for the development of land within a

  • Existing Project means a project declared under commercial operation prior to the date of effectiveness of these Regulations;

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Commercial project means any project, including, but not

  • Development Contribution means the provision made by a developer under a planning agreement, being payment of a monetary contribution, the dedication of land, the carrying out of a work-in-kind, the provision of a material public benefit to be used for or applied towards a public purpose, or any combination of the above.

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Development Budget means the cost categories listed on Pages 8 - 11 in Form 3 that are directly related to the proposed Project as submitted in the Application. Indirect or off-site costs not directly related to the development of the project are not valid or eligible costs.

  • The Works/ Project means the works to be executed or done under this contract.

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • The Works/Project means the works to be executed or done under this contract.

  • Research Project means a discrete scientific endeavor to answer a research question or a set of research questions related to medical marijuana and is required for a medical marijuana research license.

  • Development Charges or “DC” shall mean the amount charged by the Company from the Applicant(s) towards carrying out the developmental works inside or around the Project, including but not limited to the payment of the following:

  • Development Schedule shall have the meaning set forth in Section 1.1.

  • Mixed-use project means a project comprising both a qualified

  • Original Project means the Project described in the Original Financing Agreement.

  • Project area budget means a multiyear projection of annual or cumulative

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • Development Fees means fees imposed to offset capital costs of providing public infrastructure, public safety or other public services to a development and authorized pursuant to A.R.S. Section 9-463.05, A.R.S. Section 11-1102 or A.R.S. Title 48 regardless of the jurisdiction to which the fees are paid.

  • Development Plans means a coherent set of operations defined and financed exclusively by the OCTs in the framework of their own policies and strategies of development, and those agreed upon between an OCT and the Member State to which it is linked;

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • New Project means (a) each facility which is either a new facility, branch or office or an expansion, relocation, remodeling or substantial modernization of an existing facility, branch or office owned by the Borrower or its Subsidiaries which in fact commences operations and (b) each creation (in one or a series of related transactions) of a business unit to the extent such business unit commences operations or each expansion (in one or a series of related transactions) of business into a new market.

  • Development Phase means the period before a vehicle type is type approved.

  • development charge means a charge imposed pursuant to this By-law;

Most Referenced Clauses

Most Referenced Definitions