Examples of Hotel Project in a sentence
Funds shall be disbursed from the Construction Fund to the Developer, the Owner, the City and third parties in direct payment of pre-development expenses within the Hotel Project Improvement Budget that were paid or advanced by such payees upon documentation required by the Owner (as invoiced with appropriate backup and in form and detail meeting the City’s standard payables policy).
The Developer shall provide the Owner Representative with Notice that it seeks any change to the Hotel Project Improvements Budget within five (5) calendar days after determining that it believes such a change to be necessary and that it seeks such change.
If funds remain in the Construction Fund after the completion of the Project and the payment of all Hotel Project Improvement Costs within the Hotel Project Improvement Budget pursuant to the terms hereof, then such funds shall thereafter be the exclusive property of the Owner and shall be used by the Owner for the purpose of paying amounts due pursuant to the terms and provisions of Section 14.6 of this Developer Agreement.
The Developer shall be the generator of any construction wastes resulting from any Hotel Project Improvements Work in accordance with Environmental Laws.
The Developer shall be and remain a business entity chartered in, or qualified to do business in, the State of Texas during the period of designing, developing, constructing, equipping, furnishing, and fully completing the Premises and the Hotel Project Improvements and completing the Project pursuant to the terms hereof.