Examples of Reduction Request in a sentence
In order for funds to be released, the Developer shall submit to Mesa County a Construction Guarantee Reduction Request and the appropriate supporting documentation (“Reduction Request”).
If, during the Early Prepayment Period, IBank elects to approve a Prepayment Request or Facility Funds Reduction Request, it will provide a written consent (“Early Prepayment Consent”) setting forth the conditions of its consent, including, but not limited to the amount of prepayment premium applicable to the Prepayment Request or Facility Funds Reduction Request, as determined by IBank at its discretion (“Prepayment Premium”).
Once all documentation has been received, the County shall approve or deny the Reduction Request and inform the Developer of their decision within 10 working days.
Regardless of whether the prepayment period then in effect is the Early Prepayment Period or the Authorized Prepayment Period, the Purchaser must provide IBank with its written Prepayment Request or Facility Funds Reduction Request, as the case may be, at least ninety (90) days prior to the requested prepayment or reduction date.
If the Reduction Request is approved, the County shall request funds from the Treasurer’s office within 5 business days and the Developer will receive a check from the MC Treasurer Office.
Bank of America, N.A. By: Name: Title: Acknowledged as of , by MONTEREY ONE WATER (formerly known as Monterey Regional Water Pollution Control Agency) By: Name: Title: Exhibit E [Form of Request for Termination or Reduction] Request for Termination or Reduction Bank of America, N.A. 0000 X.
Once all documentation has been received, the County shall approve or deny the Reduction Request and inform the Developer of its decision within 10 working days.
Consensus is to move forward with the King Road Associates Bond Reduction Request for the Sycamore Run Phase 1 and the Pump Station.
Exhibit 1: Pass-thru Request dated June 19, 2018 Exhibit 2: Bond Reduction Request dated June 19, 2018 APPROVAL AUTHORITY Comments Irrigation System APPROVE DISAPPROVE Unforeseen Conditions APPROVE DISAPPROVE Parts and Materials APPROVE DISAPPROVE Specialized Construction Activities APPROVE DISAPPROVE Bond requirements in the event that any single construction project exceeds $200K.
Upon receipt of a dispute notice from Buyer as to a particular Reduction Request, the Issuer will not amend the Letter of Credit as to the disputed amount unless and until jointly so instructed by Seller and Buyer or in accordance with the decision of the independent engineering firm, and then only in the amount specified in the joint instruction or decision.