Examples of Original construction in a sentence
TECO hereby acknowledges receiving copies of the Original Construction Contract, the Construction Contract, the Credit Agreement and the other Credit Documents (in each case, as amended to consummate the transactions contemplated hereby), and consents to the terms and provisions of each thereof.
Tenant represents and warrants that all such Improvements were constructed in accordance with the Original Leases and the Original Construction Management Agreements.
Borrower, for itself, its Affiliates, successors and assigns, hereby expressly waive and release any defenses, rights of set-off, claims or counterclaims of whatever nature it may have against the Lenders, or any of them, arising from or relating to the failure of any Lender to fund an advance under the Original Construction Loan Agreement, the Split Notes or the Co-Lending Agreement prior to the Effective Date.
Each Lender agrees to surrender on the Initial Restructuring Funding Date to the Borrower the promissory notes issued to it under the Original Construction Loan Agreement and in exchange for the cancellation of such promissory notes (without extinguishing the indebtedness evidenced thereby) Borrower shall issue to each Lender on the Initial Restructuring Funding Date the Notes set forth on Schedule D.
The Notes evidence, in the aggregate, the same outstanding principal indebtedness evidenced by the promissory note issued under the Original Construction Loan Agreement, and subsequently by the Split Notes and do not create any new or further indebtedness.