Examples of Bank Commitment Letter in a sentence
If the unit owner is financing the unit, an application cannot be processed without the Bank Commitment Letter and Recognition Agreement.
These assurances will include execution of the Bank Commitment Letter and Bank Certification of Surplus Asset Unavailability.
Evaluation of Bank Commitment Letter as set out in Schedule 6 to Appendix A and any conditions/assumptions attached.
Where financing plans are based on limited or non-recourse financing, the Applicant must provide a Bank Commitment Letter in the form of the letter included in Schedule 6 to Appendix A.
Parent shall give Seller prompt notice upon becoming aware of any breach of the Bank Commitment Letter that would reasonably be expected to prevent Parent from obtaining the Financing or would reasonably be expected to lead to termination of the Bank Commitment Letter.