PROJECT MATURITY DATE definition
PROJECT MATURITY DATE means the first to occur of (i) the date which is thirty (30) months from the date of this Loan Agreement Supplement (as such date may be extended in writing by the Lender and the Borrower from time to time), or (ii) the date on which the Loan is required to be repaid pursuant to SECTION 7.2 of the Loan Agreement.
PROJECT MATURITY DATE means the date upon which the Seller confirms in writing that –
1.2.22.1. all the statuary requirements to proceed with the commencement of construction of the Golf Course, forming part of the Project, have been completed;
1.2.22.2. the Auditor having certified in writing that sustainable investments and financing have been obtained/secured by the Seller for purposes of implementation of the Project;
1.2.22.3. the Quantity Surveyor certifying in writing that the residential phase of the Project is sustainable; and
1.2.22.4. the commencement of the residential phase of the Project, which shall not be before the Ministry of Urban and Rural Development (or its successor Ministry) approving of the sale of the Project Property to the Seller;
PROJECT MATURITY DATE means, with respect to a Project, the date which is set forth in the Project Commitment as the date on which all proceeds of the Loan advanced for the Project must be repaid.
Examples of PROJECT MATURITY DATE in a sentence
UNITED STATES OF AMERICA STATE OF MISSISSIPPI No. R-__ $29,075,000 MISSISSIPPI BUSINESS FINANCE CORPORATION POLLUTION CONTROL REVENUE REFUNDING BOND, SERIES 2003 (GULF POWER COMPANY PROJECT) MATURITY DATE DATED DATE CUSIP February 1, 2026 April 15, 2003 605277AE2 REGISTERED OWNER: CEDE & CO.
More Definitions of PROJECT MATURITY DATE
PROJECT MATURITY DATE means, with respect to a Project as to which the Lender has agreed that advances of the Loan under the ABF Program shall be made for Land acquisition and the construction of Development Work, the date which is set forth in the Project Commitment for such Project as the “Project Maturity Date”, which shall be the date Amended and Restated Loan Agreement – ▇▇▇▇▇▇▇ ▇▇▇▇ Homes, Inc. from and after which all Lots and Units related to such Project will be excluded from the Borrowing Base Value for purposes of the ABF Program.
PROJECT MATURITY DATE set forth in SECTION 1.1 of the Project Loan Agreement are hereby amended to read as follows: