Draw Affidavit

Draw Affidavit. Means the Affidavit for Construction Draw in a form required by Lender that summarizes the status of construction and identifies all unpaid invoices for the Project and sets forth such additional information as Lender may require regarding Eligible Costs, percentage completion, conformance with the applicable Budget, and other information related to the Project

Draw Affidavit. Means a Draw request document in the form required by Lender, which will be provided by Borrower to Lender in connection with each request for a Draw, that summarizes the status of the Project, identifies all unpaid invoices for the Project and sets forth such additional information as Lender may require regarding Eligible Costs, percentage completion, conformance with the Budget, and other information related to the development and/or the construction of the Project. The Draw Affidavit must be... certified as correct and signed by an Authorized Lender Portal User. View More