Authority Loan definition

Authority Loan means the loan made by the Authority to the Loan Recipienthereunder.

Authority Loan means the loan in the initial amount of $7,110,000 made to the City by the Authority, the repayment of which is evidenced by the Series 2020-CWSRF-DL Warrant.

Authority Loan means a loan made by the authority, from bond proceeds or other moneys available, to one or more institutions of higher education located in Colorado, to a Colorado nonprofit corporation acting on behalf of one or more of such institutions of higher education, to the division, or to purchasers and made for the purpose of funding student obligations or payments to be made under advance payment contracts.

Examples of Authority Loan in a sentence

• Projects are subject to the maximum Authority loan limits contained in the Authority Loan Parameters found on the Website.

• The Authority Loan shall bear interest at the rate or rates set forth in the Loan Agreement.

• Repayment of the principal of, premium, if any, and the interest on, the Authority Loan shall be made solely from the revenues to be received by the Authority from the Borrower Loan pursuant to the Loan Agreement, and the Authority Loan shall not be deemed to constitute a debt or liability of the State or any political subdivision thereof.

• The City shall repay the Authority Loan to the Authority promptly upon receipt of RPTTF moneys for the ROPS 14-15B period, and for and during each subsequent ROPS periods, if necessary, from Successor Agency, in repayment of the City Loan.

• Projects are subject to the maximum Authority loan limits contained in the Authority Loan Parameters found on the Authority’s Website.

More Definitions of Authority Loan

Authority Loan means any loan by an authority to an institution of higher education for the purpose of funding education loans.

Authority Loan as applicable, mean loans by the Palm Desert Housing Authority to the Developer in the amount of: (i) $1,965,539 to pay the purchase price for the Phase I Parcel and (ii) $4,789,461 to pay the purchase price for the Phase II Parcel and construction costs for the Phase II Development.

Authority Loan means the loan made to the City pursuant to the Special Authority Loan Conditions Agreement, the repayment of which is evidenced by the Series 2013-DWSRF- DL Warrant.

Authority Loan means the Two Million Dollars ($2,000,000) loan by the Authority to the Owner evidenced by the Authority Note and any renewals, modifications or extensions thereof.

Authority Loan means the loan from the Authority to the Developer in an amount not to exceed Two Million Two Hundred Sixty Six Thousand Two Hundred Sixty Dollars ($2,266,260).

Authority Loan means a loan from the Company (as lender) to an Authority (as borrower), either (i) having the Loan Standard Terms, as modified and supplemented by the relevant Loan Confirmation or (ii) in such other form as may be agreed between the Company and an Authority.

Authority Loan means the loan by the Authority to the Borrower under section 2.1.