Sworn Construction Cost Statement

Sworn Construction Cost Statement. Means the itemized and certified statement of actual and estimated costs of the Project broken out into individual subcontracts, signed and sworn to by Borrower, as the same may be revised in accordance with Section 5(d) of this Third Supplement.

Sworn Construction Cost Statement. Shall mean one or more itemized, certified statements of actual and estimated costs (the "Project Costs") for the build out and equipping of the Improvements (the "Project"), signed and sworn to by: (a) Borrower, Kraus-Anderson Construction Company as the General Contractor (the "General Contractor") and Christenson Building Corp., as the Construction Manager (the "Construction Manager"), in the case of any Project Costs relating to work to be done under the construction contract (the "General... Construction Contract") between Borrower and the General Contractor; and (b) Borrower, in the case of any Project Costs relating to work separately contracted for by Borrower; and, in either case, as amended to allow for changes under Paragraph l7(n) hereof View More