Agency Loan means a Mortgage Loan which is originated by a member of a FHLB as agent for that FHLB under the MPF Program, and which is therefore owned by such FHLB from the moment of its origination.
Agency Loan means a mortgage loan that is originated, underwritten and funded pursuant to guidelines promulgated by Xxxxxx Xxx, Xxxxxxx Mac, Xxxxxx Xxx, FHA, VA or USDA (collectively, the “Agencies”), and offered for purchase and sale by Lender to one of those Agencies. A “Non-Agency Loan” shall mean every mortgage loan that is not an Agency loan.
Agency Loan or “Loan” shall mean a forgivable loan not to exceed One Hundred Thousand Dollars ($100,000) to pay for a portion of the costs of the Public Improvements incurred in completion of the Project. The Loan shall be evidenced by the Promissory Note and secured by a Deed of Trust on fee title to the Property.
Examples of Agency Loan in a sentence
Final plans and specifications will be subject to Agency's final approval prior to the disbursal of Agency Loan funds.
This addendum applies where the Agent wishes to enter into an Agency Loan on behalf of more than one Principal.
Public Works re: Notification of Contract Award to Automated Entrances, Inc.
If the Lender has indicated in paragraph 8 of the Schedule that it may act as Agent, it must identify each Loan in respect of which it acts as Agent as an Agency Loan at the time it is entered into.
Commitments:Under the terms of the Fiscal Agency Loan with the Province, Columbia Power has committed to make annual sinking fund payments over the terms of the loan.
More Definitions of Agency Loan
Agency Loan means the residual receipts loan by the Agency to Owner in an amount not to exceed Seven Hundred Eighty-One Thousand and Seventy-Three Dollars ($781,073), which shall be (i) subordinate to the Senior Loan, the Housing Commission Loan, and the Housing Commission Ground Lease, (ii) evidenced by the Agency Note and secured by the Agency Deed of Trust, (iii) derived from the LMIHF and the proceeds of 2007 Series A taxable bonds, and (iv) of a limited recourse nature, as described in the Agency Note.
Agency Loan means the loan by the Agency to Owner not to exceed the amount of$1,394,000 to pay for a portion of Project Costs incurred in completion of the rehabilitation obligations under this Agreement.
Agency Loan means the principal amount of Three Million Dollars ($3,000,000), which shall be funded solely from tax increment revenues and not from bond proceeds and shall be subordinate to the Primary Loan. The Agency Loan shall be evidenced by an Agency Promissory
Agency Loan means the loan made by the Agency to Borrower pursuant to the DDA in the maximum amount of $3,661,000, which is evidenced by this Note.
Agency Loan refers to the loan to be made by Landlord to Tenant under the DDA, evidenced by the Agency Note.
Agency Loan means the amount of $3,000,000 from the Agency’s Low and Moderate Income Housing Funds to be loaned by the Agency to Developer, upon satisfaction of all conditions precedent set forth herein, and to be set forth in the DDA, for the purposes developing and constructing the Project. California.
Agency Loan means the loan of Two Hundred Eighty-five Thousand Dollars ($285,000.00) to be made by Agency to Crown Laurel, LLC in accordance with this Agreement to finance the Acquisition of real property.