Common use of Program Inception Clause in Contracts

Program Inception. Duration It is expected that the program will be available in a controlled rollout environment 3 weeks from Treasury’s approval of the program. The complete rollout of the program will occur approximately 4 weeks later, after the satisfactory assessment and adjustments as determined necessary in the controlled rollout. It is projected that assistance will be expended over a three year period of time. However, repayment of assistance may extend this time frame one or two additional years.

Appears in 6 contracts

Samples: Commitment to Purchase Financial Instrument and Hfa Participation Agreement, Commitment to Purchase Financial Instrument and Hfa Participation Agreement, Commitment to Purchase Financial Instrument and Hfa Participation Agreement

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Program Inception. Duration It is expected that the program will be available in a controlled rollout environment 3 weeks from Treasury’s approval of the program. The complete rollout of the program will occur approximately 4 weeks later, after the satisfactory assessment and adjustments as determined necessary in the controlled rollout. It is projected that assistance Approximately one to three years or until AHFPFC funds are fully utilized. All funds still available after 12/31/2017 will be expended over a three year period of time. However, repayment of assistance may extend this time frame one or two additional yearsreturned to Treasury.

Appears in 2 contracts

Samples: Commitment to Purchase Financial Instrument and Hfa Participation Agreement, Commitment to Purchase Financial Instrument and Hfa Participation Agreement

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Program Inception. Duration It is expected that the program will be available in a controlled rollout environment 3 weeks from Treasury’s approval of the program. The complete rollout of the program will occur approximately 4 weeks later, after the satisfactory assessment and adjustments as determined necessary in the controlled rollout. It is projected that assistance will be expended over a three year period of time. However, repayment of assistance may extend this time frame one or two additional years.

Appears in 1 contract

Samples: Commitment to Purchase Financial Instrument and Hfa Participation Agreement

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