Use of Monies in Development Program Fund. All monies in the Development Program Fund that are allocable to and/or deposited in the Developer Project Cost Subaccount shall in all cases be used and applied to fund fully the Town’s payment obligations to Developer described in Articles II and III hereof.
Appears in 3 contracts
Samples: Credit Enhancement Agreement, Credit Enhancement Agreement, Credit Enhancement Agreement
Use of Monies in Development Program Fund. All monies in the Development Program Fund that are allocable to and/or deposited in the Developer Project Cost Subaccount Account shall in all cases be used and applied to fund fully the Town’s City's payment obligations to Developer as described in Articles II and III hereof. Developer shall be obligated to use such payments for operating costs of the Project and credit enhancement pursuant to the Development Program and Title 30-A M.R.S.A. § 5249.
Appears in 2 contracts
Samples: Credit Enhancement Agreement, Credit Enhancement Agreement
Use of Monies in Development Program Fund. All monies in the Development Program Fund that are allocable to and/or deposited in the Developer Company Project Cost Subaccount shall in all cases be used and applied to fund fully the TownCounty’s payment obligations to Developer Company described in Articles II and III hereof.
Appears in 1 contract
Samples: Credit Enhancement Agreement
Use of Monies in Development Program Fund. All monies in the Development Program Fund that are allocable to and/or deposited in the Developer Evergreen Project Cost Subaccount shall in all cases be used and applied to fund fully the Town’s 's payment obligations to Developer described in Articles II and III hereof.
Appears in 1 contract
Samples: Credit Enhancement Agreement
Use of Monies in Development Program Fund. All monies in the Development Program Fund that are allocable to and/or deposited in the Developer Project Cost Subaccount Development Program Fund shall in all cases be used and applied to fund fully the Town’s City's payment obligations to Developer Developer, as described in Articles II and III hereof.
Appears in 1 contract
Samples: Credit Enhancement Agreement
Use of Monies in Development Program Fund. All monies in the Development Program Fund that are allocable to and/or deposited in the Developer Company Project Cost Subaccount shall in all cases be used and applied to fund fully the Town’s 's payment obligations to Developer Rynel as described in Articles II and III hereof.
Appears in 1 contract
Samples: Credit Enhancement Agreement
Use of Monies in Development Program Fund. All monies in the Development Program Fund that are allocable to and/or deposited in the Developer Project Cost Subaccount Account shall in all cases be used and applied to fund fully the Town’s City's payment obligations to Developer as described in Articles II and III hereof. Developer shall be obligated to use such payments for operating costs of the Project and credit enhancement pursuant to the Development Program and Title 30-A M.R.S.A. § 5249.
Appears in 1 contract
Samples: Credit Enhancement Agreement
Use of Monies in Development Program Fund. All monies in the Development Program Fund that are allocable to and/or deposited in the Developer Developers’ Project Cost Subaccount Subaccounts shall in all cases be used and applied to fund fully the Town’s City's payment obligations to Developer the Developers as described in Articles II and III hereof.
Appears in 1 contract
Samples: Credit Enhancement Agreement