Common use of Financing Costs Clause in Contracts

Financing Costs. The rate of interest, points, fees and any other charges for all loans that are made with the program funds shall not exceed a reasonable market rate of interest, points, fees and other charges for loans of similar maturity, terms and risk.

Appears in 3 contracts

Samples: Homeownership Initiatives Master Agreement, Homeownership Initiatives Master Agreement, Homeownership Initiatives Master Agreement

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Financing Costs. The rate of interest, points, fees fees, and any other charges for all loans that are made in conjunction with the program funds a Subsidy shall not exceed a reasonable market rate of interest, points, fees fees, and other charges for loans of similar maturity, maturity terms and riskrisk as defined by the Bank in its Plan.

Appears in 1 contract

Samples: Affordable Housing Program Subsidy Agreement

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