Project BANs definition

Project BANs means the Borrower’s Sales Tax Revenue Short-Term Notes (Limited Tax Bonds) to be issued by the Borrower during the Construction Period, in an aggregate principal amount (plus capitalized interest) at maturity not to exceed $537,484,439, in one or more series pursuant to the Third Supplement to the Subordinate Indenture the proceeds of which are intended to be applied to the payment of Eligible Project Costs.
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Project BANs means the [describe the specific Bonds, etc.] to be issued on or about [●], in the not to exceed par amount of $[●], the proceeds of which are anticipated to be applied to the payment of Eligible Project Costs.]49
Sample 1
Project BANs means the Subordinate Lien Revenue Bond Anticipation Notes, Series 2021C, issued by the Borrower pursuant to the Twenty-Eighth Supplemental Trust Indenture in the aggregate principal amount of $244,185,000, a portion of the proceeds of which shall be applied to the payment of Eligible Project Costs.
Sample 1

Examples of Project BANs in a sentence

  • The Project BANs have been validly issued in accordance with all requirements of the Indenture, applicable laws and the Borrower’s Organizational Documents.

  • TIFIA Loan proceeds shall be disbursed solely in respect of Eligible Project Costs paid or incurred by or on behalf of the Borrower in connection with the Project, and may be used to pay or redeem Project BANs to the extent the proceeds thereof have been previously applied to the payment of Eligible Project Costs incurred by or on behalf of the Borrower from time to time in connection with the Project.

  • Appropriate penalties apply, including loss of eligibility for a period of two years.

  • The certificate and the Eligible Project Costs Documentation are intended to document Eligible Project Costs in connection with the reimbursement of such Eligible Project Costs or for the purpose of paying or redeeming, in whole or part, only those Project BANs in respect of which the proceeds were used to pay such documented Eligible Project Costs.


More Definitions of Project BANs

Project BANs means the Borrower’s (i) Subordinate Sales Tax Revenue Short-Term Notes (Limited Tax Bonds) issued by the Borrower on April 18, 2018 pursuant to the First Supplement to the Subordinate Indenture or (ii) Subordinate Sales Tax Revenue Short-Term Notes (Limited Tax Bonds) to be issued by the Borrower during the Construction Period in one or more series pursuant to a supplemental indenture to the Subordinate Indenture, in an aggregate principal amount at maturity not to exceed $537,484,439, in each case, the proceeds of which are intended to be applied to the payment of Eligible Project Costs.
Sample 1

Related to Project BANs

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

  • Project Water means water made available for delivery to the contractors by project conservation facilities and the transportation facilities included in the System.

  • Project Engineer means the surveyor or engineer employed by or private

  • Project Implementation Unit or “PIU” means the unit referred to in Section I.A.1 of Schedule 2 to this Agreement.

  • Construction management contract means a contract in which a party is retained by the owner to

  • Project Contracts means collectively this Agreement, the Land Lease Agreement, the Construction Contract, O&M Contracts (if any) and any other material contract (other than the Financing Documents) entered into or may hereafter be entered into by the Concessionaire in connection with the Project;

  • Project Work means the work required to complete the Project.

  • Projects means the projects identified in Exhibit A to the Agreement and all other projects, any costs of which are included in a Transitional Capital Plan pursuant to the Act or are Recovery Costs, and financed, by payment or reimbursement, with the proceeds of Bonds or Notes.

  • Project Improvements means site improvements and facilities that are:

  • Project Highway means the Site comprising the existing road {, proposed bypasses and tunnels} forming part of [NH-** from km ** to km **] and all Project Assets, and its subsequent development and augmentation in accordance with this Agreement;

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.

  • Project Property means the real property on or for which preconstruction service or construction work is or will be provided.

  • 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.

  • Project Contract means any contract between the District or the Corporation and any contractor or vendor regarding the construction, production or other acquisition or installation of any part of an Acquisition Project.

  • Project Commissioning means the Project will be considered as commissioned if all equipment as per rated project capacity has been installed and energy has flown into grid, in line with the Commissioning procedures defined in the RfS/PPA.

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Public works project means the erection, construction, alteration, repair, or improvement of any public structure, building, road, or other public improvement of any kind.

  • Project Architect means the professional architect or engineer employed by the Owner as architect or engineer of record for the Project and its consultants.

  • Construction Contractor means a person who undertakes to or offers to undertake to, or purports to have the capacity to undertake to, or submits a bid to, or does himself or by or through others, construct, alter, repair, add to, subtract from, improve, move, wreck, or demolish any building, highway, road, railroad, excavation, or other structure, project, development, or improvement to real property, or to do any part thereof. "Construction contractor" includes subcontractors, specialty contractors, prime contractors, and any person receiving consideration for the general supervision and/or coordination of such a construction project except for remediation contracting. This definition shall govern without regard to whether or not the construction contractor is acting in fulfillment of a contract.

  • Project Location means the points or areas designated as such on Exhibit A and located on the ground by reference to points, stations, natural land features, improvements, or area boundary signs. STATE means the Oregon Department of Forestry, State Forester, or a duly Authorized Representative of the State Forester.

  • Project Name refers to the project title as stated in the legal agreement (Financing Agreement) between the World Bank and the Government. It should not be confused with the name of the UN Agency’s project or program financed from other sources.]

  • Infrastructure facility means a building; structure; or networks of buildings, structures, pipes, controls, and equipment, or portion thereof, that provide transportation, utilities, public education, or public safety services. Included are government office buildings; public schools; courthouses; jails; prisons; water treatment plants, distribution systems, and pumping stations; wastewater treatment plants, collection systems, and pumping stations; solid waste disposal plants, incinerators, landfills, and related facilities; public roads and streets; highways; public parking facilities; public transportation systems, terminals, and rolling stock; rail, air, and water port structures, terminals, and equipment.

  • Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.

  • Project Plans mean the plans for the Project that are attached to this Agreement as Exhibit “B.”

  • Project Facilities means all the amenities and facilities situated on the Site, as described in Schedule-C;

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