Common use of Prohibited Loans Clause in Contracts

Prohibited Loans. No MCC will be issued in connection with a Loan financed with proceeds of a qualified mortgage bond or a qualified veterans’ mortgage bond.

Appears in 4 contracts

Samples: Lender Participation Agreement, Lender Participation Agreement, Master Lender Participation Agreement

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Prohibited Loans. No MCC will be issued in connection with a Loan financed with proceeds of a qualified mortgage bond or bond, a qualified veterans’ mortgage bond or other tax-exempt bond.

Appears in 3 contracts

Samples: Lender Participation Agreement, Lender Participation Agreement, Lender Participation Agreement

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