Termination of Construction Date definition

Termination of Construction Date means that date by which:
Termination of Construction Date mean the Bank Completion Guarantee Termination of Construction Date; provided that for purposes of Sections 9.04(vi) and 10.16 of this Agreement, the Termination of Construction Date shall not have occurred unless the Termination of Construction Date as defined in the Bank Completion Guarantee shall have occurred and, concurrently with meeting such requirements, the following additional requirements shall be satisfied:
Termination of Construction Date means that date by which all of the following have occurred:

Examples of Termination of Construction Date in a sentence

  • The definition of the Termination of Construction Date contains several requirements which the Borrower will be unable to fulfill.

  • Prior to the earlier to occur of the Opening Date or the Termination of Construction Date, any other cash proceeds available to the Borrower may be deposited into the Project Account.

  • From and after the earlier to occur of the Opening Date or the Termination of Construction Date, no cash proceeds, other than net cash proceeds received as described in the second sentence of this Section 8.17(a), may be deposited into the Project Account.

  • Furthermore, prior to the occurrence of the Termination of Construction Date, the proceeds of Revolving Loans and Swingline Loans may, at the discretion of the Borrower, be deposited into the Project Account.


More Definitions of Termination of Construction Date

Termination of Construction Date means that date by which all of the following have occurred: (i) a temporary certificate of occupancy has been issued for the Initial Casino Facilities by the building department and other relevant agencies; (ii) all required permits with respect to the Initial Casino Facilities and Second Floor Shell Construction have been received by JCC; (iii) a notice of completion has been recorded with respect to the Initial Casino Facilities and Second Floor Shell Construction; (iv) an officers' certificate of the Completion Guarantors has been delivered to the Beneficiaries certifying that the Termination of Construction Date has occurred; (v) the Casino is equipped with the required furniture, fixtures and equipment and ready to open for business as a casino gaming operation; (vi) a certificate has been delivered by the general contractor and the project architect to the Beneficiaries for the Initial Casino Facilities and Second Floor Shell Construction certifying that the Initial Casino Facilities and
Termination of Construction Date means that date by which all of the following have occurred: (i) a temporary certificate of occupancy has been issued for Casino--Phase I by the building department and other relevant agencies; (ii) all required permits with respect to the Phase I and II Construction have been received by JCC; (iii) a notice of completion has been recorded with respect to the Phase I and II Construction; (iv) an officers' certificate of the Completion Guarantors has been delivered to the Beneficiaries certifying that the Termination of Construction Date has occurred; (v) the Casino is equipped with the required furniture, fixtures and equipment and ready to open for business as a casino gaming operation; (vi) a certificate has been delivered by the general contractor and the project architect to the Beneficiaries for the Phase I and II Construction certifying that the Phase I and II Construction has been substantially completed in accordance with the plans and specifications therefor and all applicable building laws, ordinances and regulations; and (vii) Casino-- Phase I has opened for business as a casino gaming operation so long as any necessary regulatory approvals from the LGCB or any other State regulatory authorities have been received, or, if such approvals have not been received, even though timely receipt of any such approvals has been diligently pursued by or on behalf of JCC in accordance with the Rules and Regulations for such approvals, Casino--Phase I is in a condition to receive customers in the ordinary course of business.

Related to Termination of Construction Date

  • Completion of Construction means all the construction is complete except for minor weather-related components and conforms to the approved plans and specifications and change orders.

  • Commencement of Construction means the commencement of construction of foundation components or elements (such as footings, rafts or piles) for the home.

  • Start of construction means the date the development permit was issued, provided the actual start of construction, repair, reconstruction, or improvement was within 180 days of the permit date. The actual start means the first placement of permanent construction of the structure such as the pouring of slabs or footings, installation of piles, construction of columns, or any work beyond the stage of excavation, and includes the placement of a manufactured home on a foundation. (Permanent construction does not include initial land preparation, such as clearing, grading and filling; nor does it include the installation of streets and/or walkways; nor does it include excavation for a basement, footings, piers or foundations or the erection of temporary forms; nor does it include the installation on the property of buildings appurtenant to the permitted structure, such as garages or sheds not occupied as dwelling units or part of the main structure. (NOTE: accessory structures are NOT exempt from any ordinance requirements) For a substantial improvement, the actual start of construction means the first alteration of any wall, ceiling, floor, or other structural part of a building, whether or not that alteration affects the external dimensions of the building.

  • Cost of Construction means the total cost to Owner of those portions of the entire Project designed or specified by the Design Professional. Cost of Construction does not include the Design Professional's compensation and expenses and Owner's expenses associated with the Project or the cost of other services to be provided by others to the Owner.

  • Original construction ’ shall mean the first or initial construction

  • Commenced Construction means (a) all of the following site preparation work is completed: ingress and egress routes exist; the site on which the Project will be located is cleared and graded; there is power service to the site; footings are prepared; and foundations have been poured consistent with purchased equipment specifications and project design; or (b) the following financial commitments have been made: (i) (A) an engineering, procurement, and construction contract (“EPC”) has been executed by all parties and is effective; or (B) contracts (collectively, “EPC Equivalents”) for all of the following have been executed by all parties and is effective: (1) project engineering, (2) procurement of all major equipment, and (3) construction of the Project, and (ii) the cumulative payments made by the Developer under the EPC or EPC Equivalents to the counterparties to those respective agreements is equal to at least thirty (30) percent of the total costs of the EPC or EPC Equivalents.

  • Commence Construction means that an owner or operator has either undertaken a continuous program of construction or has entered into a contractual obligation to undertake and complete, within a reasonable time, a continuous program of construction.

  • New construction means, for the purposes of determining insurance rates, structures for which the "start of construction" commenced on or after the effective date of an initial FIRM or after December 31, 1974, whichever is later, and includes any subsequent improvements to such structures. For floodplain management purposes, "new construction" means structures for which the "start of construction" commenced on or after the effective date of the floodplain management regulations adopted by a community and includes any subsequent improvements to such structures.

  • Residential construction means construction on single-family or two-family dwellings occupied or used, or intended to be occupied or used, primarily for residential purposes, and includes real property pursuant to chapter 499B.

  • Acquisition and Construction Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Pipeline Construction means a substantial disturbance to agricultural land associated with installation, replacement, removal, operation or maintenance of a pipeline, but shall not include work performed during an emergency. Emergency means a condition where there is clear and immediate danger to life or health, or essential services, or a potentially significant loss of property. When the emergency condition ends, pipeline construction will be in accordance with these rules.

  • Building construction means any physical activity on the site involved in the erection of a structure, cladding, external finish, formwork, fixture, fitting of service installation and the unloading of plant, machinery, materials or the like.

  • Foreign construction material means a construction material other than a domestic construction material.

  • Construction and demolition debris means and includes:

  • Construction Period means the period commencing from the Appointed Date and ending on the date of the Completion Certificate;

  • Cross-Over Date The Distribution Date on which the respective Class Certificate Balances of each Class of Subordinated Certificates have been reduced to zero.

  • General Provisions means those portions of the Subscription Agreement headed “General Provisions” and contained on pages 7 to 12;