MORTGAGE/FINANCIAL ASSISTANCE Sample Clauses

MORTGAGE/FINANCIAL ASSISTANCE. Subject to terms and conditions of these presents, the Allottee/s has/have permitted the Promoter to raise construction loan, project finance loan, loan against the said property /Flats/ Units/ Premises in the said Building, underwriting by mortgaging, hypothecating Receivables and/or Developable Property (including but not limited to mortgage by way of deposit of title deeds), from Bank/ financial institution/Non-Banking Financial Institution (“Lenders”) and without having to seek further consent from Allottee/s in any manner whatsoever, written or otherwise, but without the Allottee/s being responsible /liable towards its repayment and incurring any liability in any manner whatsoever (financial or otherwise).
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MORTGAGE/FINANCIAL ASSISTANCE. 10.1 The Intending LESSEE may create charge or mortgage the leasehold rights and the construction there on, but not on Schedule Property, for the limited purpose of raising loan from Nationalized /Scheduled Banks, or other lending Institutes notified by the APCRDA, subject to the condition that such amount shall be utilized for the purpose of development of the Schedule Property. However, all such mortgages, charges or encumbrances shall be subject to the rights of the LESSOR under this Agreement and any modification or amendment thereto for the time being in force. 10.2 The LESSOR may prescribe such other conditions for mortgage of the Schedule Property, in whole or in part by the Intending LESSEE, as per the Amaravati Land Allotment Rules and regulations and Standing Orders issued from time to time.
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MORTGAGE/FINANCIAL ASSISTANCE. 9.1 The LESSEE agrees that the Schedule Property shall not be assigned / conveyed to any other person(s) or otherwise dealt with or disposed off in any manner, before the implementation of the Project by the LESSEE. However change in the constitution of the Lessee as per the Amaravati Land Allotment Rules and Regulations, 2016 may be considered for raising of finances before implementation but with prior written permission from LESSOR. Any change in the constitution / transfer of the lease concern/entity after the implementation can be with prior approval in writing from the LESSOR, which may be considered by the LESSOR subject to payment of process fee and also such terms and conditions as may be specified by the LESSOR. 9.2 The LESSEE may create charge or any other encumbrance or mortgage on the assets to be constructed/constructed on the Schedule Property for the limited purpose of offering such assets as security in favour of the lenders for securing any amount and payable by it to such lenders authorized by the Central/State Government or any nationalized banking company or a financial institution notified by the LESSOR subject to the condition that such amount shall be utilized only for the purpose of development of the Schedule Property. However, all such mortgages, charges or encumbrances shall be subject to the rights of the LESSOR under this Agreement and any modification or amendment thereto. 9.3 The LESSOR may prescribe such other conditions for mortgage of the Schedule Property, either in whole or in part by the LESSEE, as per the Amaravati Land Allotment Rules and Regulations and Standing Orders issued from time to time. 9.4 The LESSEE undertakes to inform the LESSOR the details of finance(s) raised on the security of its leasehold interest in the Schedule Property from time to time till the loan(s) is/are repaid to the financial agencies/lenders by the LESSEE. It shall be mandatory for the LESSEE to ensure that the financial agency/bank/lender which finances to the LESSEE on the security of the leasehold interest in the Schedule property, shall inform the LESSOR the details of finance(s) from time to time till the loan(s) is/are repaid by the LESSEE and also comply the terms & conditions of NOC, if any, issued by the LESSOR on the request of the LESSEE and the Banker / Financing agency, above stated. The Lessee shall obtain written permission of the LESSOR before subjecting its leasehold interest in the Schedule Property to any mortgage or e...
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Related to MORTGAGE/FINANCIAL ASSISTANCE

  • OPWC Financial Assistance Subject to the terms and conditions contained herein, the OPWC hereby agrees to provide to the Recipient financial assistance not to exceed the amount as set forth in Appendix C of this Agreement for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement for the completion of the Project (the "Funds").

  • Financial Assistance Subject to the terms and conditions contained herein, the Director hereby grants to the Recipient financial assistance, as established in this section, for the sole and express purpose of paying or reimbursing the eligible costs certified to the Director under this Agreement for the completion of the Project.

  • Disbursement of Financial Assistance Unless a different disbursement method is specified in that line of Exhibit C, “Financial Assistance Award,” OHA will disburse the Part A awards for MHS 28 Services provided under a particular line of the Financial Assistance Award containing an “A” in column “Part ABC” to County in substantially equal monthly allotments during the period specified in that line of the Financial Assistance Award, subject to the following: i. OHA may, after 30 days (unless parties agree otherwise) written notice to County, reduce the monthly allotments based on under- used allotments identified through MOTS and other reports in accordance with the “Reporting Requirements” and “Special Reporting Requirements” sections above or applicable special conditions; ii. OHA may, upon written request of County, adjust monthly allotments; iii. Upon amendment to the Financial Assistance Award, OHA shall adjust monthly allotments as necessary, to reflect changes in the funds awarded for MHS 28 Services provided under that line of the Financial Assistance Award; iv. OHA is not obligated to provide financial assistance for any MHS 28 Services that are not properly reported in accordance with the “Reporting Requirements” and “Special Reporting Requirements” sections above or as required in an applicable Specialized Service Requirement by the date 60 calendar days after the earlier of expiration or termination of this Agreement; termination of OHA’s obligation to provide financial assistance for MHS 28 Services; or termination of County’s obligation to include the Program Area in which MHS 28 Services fall within its CMHP; and v. OHA will reduce the financial assistance awarded for MHS 28 Services delivered under a particular line of Exhibit C, “Financial Assistance Award,” containing an “A” in column “Part ABC,” by the amount received by a Provider of MHS 28 Services as payment of a portion of the cost of the Services from an Individual receiving such Services with funds awarded in that line of the Financial Assistance Award.

  • Grant of Financial Assistance Subject to the terms and conditions contained herein, the OPWC hereby grants to the Recipient financial assistance not to exceed the amount, as set forth in Appendix C of this Agreement for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement for the completion of the Project.

  • PROVISION OF FINANCIAL ASSISTANCE As authorized by Section II of this Agreement for the sole and express purpose of financing the Project defined and described in Appendix A of this Agreement, the estimated costs of which are set forth and described in Appendix D of this Agreement, the OPWC hereby agrees to provide financial assistance, subject to the terms and conditions contained in this Agreement, from the State Capital Improvements Fund which constitutes the proceeds of the Infrastructure Bonds, in an amount not to exceed One Hundred Ninety-Nine Thousand, One Hundred Seventy-Nine Dollars ($199,179). This financial assistance shall be provided in the form of a Grant. The OPWC Grant Control No. is CJ23U.

  • PROVISION OF FINANCIAL ASSISTANCE GRANT As authorized by Section II of this Agreement for the sole and express purpose of financing the Project defined and described in Appendix A of this Agreement, the estimated costs of which are set forth and described in Appendix D of this Agreement, the OPWC hereby agrees to provide financial assistance, subject to the terms and conditions contained in this Agreement, from the State Capital Improvements Fund which constitutes the proceeds of the Infrastructure Bonds, in an amount not to exceed Seven Hundred Forty-One Thousand, Three Hundred Seventy-Four Dollars ($741,374). This financial assistance shall be provided in the form of a Grant. The OPWC Grant Control No. is CK17V.

  • Additional Assistance If you do not understand any of the foregoing Terms and Conditions or if you have any questions or comments, we invite you to contact us at any time. This means you should contact us beforehand if anything of these Terms and Conditions is unclear, unfair or unacceptable to you. Our Commitment to Security and Privacy: To prevent unauthorized access, maintain data accuracy, and ensure the correct use of information, we have put in place the appropriate and reasonable physical, electronic, and managerial procedures to safeguard and secure the information we collect online. Please see our Privacy Policy for further information.

  • Conditions to Financial Assistance and its Disbursement The Grantor's obligations hereunder, including its obligation to make financial assistance available to the Recipient pursuant to the terms of this Agreement, are contingent upon compliance by the Recipient with the following conditions: A. Recipient's acquisition and commitment of the Local Subdivision Contribution necessary for the completion of the Project, its compliance with all other provisions of this Agreement, and its compliance with the provisions of Chapter 164 of the Revised Code and Chapter 164-1 of the Administrative Code. The Recipient shall set forth in Appendix D of this Agreement a description of the manner or mechanisms of providing its local share of Project funds pursuant to division (D) of Section 164.05 of the Revised Code and Rule 164-1-21 (B)(6) of the Administrative Code. B. Recipient shall execute any and all other documents and certificates as deemed necessary by the Director, subject to the opinion of counsel to the Director, as well as any required by changes in State or Federal Law, on the date hereof or at any time hereafter in connection with the financial assistance and disbursement of moneys pursuant to this Agreement, including any amendments to this Agreement.

  • Educational Assistance Section 1. Tuition reimbursement shall be provided to employees covered by this collective bargaining AGREEMENT under the same terms and conditions, policies and procedures as the rest of Hennepin County and reflecting a county–wide pool for funding. See Hennepin County Tuition Reimbursement Policy Frequently Asked Questions Section 2. Where courses are required and certified by the appointing authority as essential to current job performance, such appointing authority shall grant 100% reimbursement for tuition, required fees and required study materials. Section 3. At the request of an employee, an Individual Development Plan shall be established. Any employee making the request shall be provided with paid time to work with their Supervisor or Human Resources to develop a training plan for career development within Hennepin County. Human Resources will be a source of career information, and postings, in which the employee may have an interest. Time allotted for this activity and the training plan adopted shall be subject to mutual agreement of the Employee and Supervisor.

  • Legal Assistance The Board shall give full support including legal and other assistance for any assault upon the employee while properly acting in the discharge of his/her duties.

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