Binding Commitment definition

Binding Commitment means, with respect to a Housing Credit Development, an agreement between the Corporation and an Applicant by which the Corporation allocates and the Applicant accepts Housing Credits from a later year’s Allocation Authority in accordance with Section 42(h)(1)(C) of the IRC.

Binding Commitment means an agreement between MFA and an Applicant by which MFA allocates and the Applicant accepts Tax Credits in accordance with Section 42(h)(1)(C) of the Code. MFA’s Carryover Allocation is its Binding Commitment.

Binding Commitment means a legal obligation by the state to an assistance recipient that defines the terms and the timing for assistance under this chapter.

Examples of Binding Commitment in a sentence

• Failure to send the Company the Binding Commitment Notice within such 10 Business Day period shall not cause AA to lose the right to receive any portion of the Commercial Warrant.

• Except with respect to software as just stated and as encompassed in the concept of "have made", this license does not include the right to grant further licenses or sublicenses.

• Within ten (10) Business Days of a Binding Commitment being entered into, AA shall send to the Company notice specifying the date on which the Binding Commitment was entered into with proof of the Binding Commitment (the ” Binding Commitment Notice”).

• Binding Commitment: The parties intend that this Confirmation constitutes a "preliminary agreement" and, upon execution of a Supplemental Confirmation, a "Final Agreement" as described in the letter dated December 14, 1999 submitted by Robert W.

• The first [***] of each Forecast shall constitute a binding commitment for Ascensia to purchase and for Senseonics to supply [***] of the quantities of Products specified therein, and Ascensia shall order such quantities pursuant to Section 2.2(a) (the “Binding Commitment”); provided, however, such Binding Commitment will be subject to a limit established by the Joint Alliance Committee based on capacity and consistency with prior Forecasts, and reviewed every [***].

More Definitions of Binding Commitment

Binding Commitment. Means, in respect of any Investment:

Binding Commitment means a firm, legally-binding commitment pursuant to which Avolon or any of its Affiliates has placed a firm order for Aircraft;

Binding Commitment means a firm, legally-binding commitment pursuant to which AA or any of its Affiliates has placed a firm order for fifty (50) Aircraft, or any combination of such commitments that results in an order, without duplication, for fifty (50) Aircraft, in each case pursuant to the terms and conditions of the Aircraft Purchase Agreement;

Binding Commitment means, with respect to a Housing Credit Development, an agreement between

Binding Commitment means a binding commitment to transfer (for Tax (as defined in the CoyCo Transaction Agreement) purposes) any of the Common Shares or other stock in the Company (for U.S. federal income tax purposes) that the Partnership received in connection with the Transactions (as defined in the CoyCo Transaction Agreement) (or any stock (for U.S. federal income tax purposes) that such Common Shares or other stock is converted into by means of a recapitalization or similar transaction).

Binding Commitment means binding commitments are legal obligations by the State to the local recipient that define the terms and the timing for assistance under Clean Water SRF. "Board" means the Oklahoma Water Resources Board authorized by law to make final

Binding Commitment has the meaning set forth in the Statement of Work.