Bond Loan definition

Bond Loan means the loan constituted by these Terms and Conditions and evidenced by the Bonds.

Bond Loan means a loan of Bond Proceeds by a Qualified Issuer to an El- igible CDFI. A Bond Loan must be in an initial principal amount that is not less than $10,000,000, and Bond Loan proceeds must be used for Eligible Pur- poses;

Bond Loan means the loan made or deemed to have been made by the Bond Issuer to the Company in the aggregate principal amount of $_________ pursuant to the terms of and as evidence by the Bond Loan Agreement.

Examples of Bond Loan in a sentence

• The assessment will also add to the Department of the Treasury’s review and impact analysis on the use of Bond Loan proceeds in underserved communities and support the CDFI Fund in proactively managing portfolio risks and performance.

• Each Qualified Issuer and Eligible CDFI will be required to have an independent third-party conduct an Annual Assessment of its Bond Loan portfolio.

• The Annual Assessment is intended to support the CDFI Fund’s annual monitoring of the Bond Loan portfolio and to collect financial health, internal control, investment impact measurement methodology information related to the Eligible CDFIs. This assessment is consistent with the program’s requirements for Compliance Management and Monitoring (CMM) and Portfolio Management and Loan Monitoring (PMLM), and will be required pursuant to the Bond Documents and the Bond Loan documents.

• Further, the role of the Qualified Issuer also is to ensure that its proposed Eligible CDFI applicants possess adequate and well performing assets to support the debt service of the proposed Bond Loan.

• The Trust will credit the Interest Portion of the immediately succeeding Trust Bond Loan Repayment due from a Borrower, and to the extent moneys are available therefor, the principal portion of such Trust Bond Loan Repayments, if any, with the Net Earnings allocable to said Borrower and notify the Borrower and the Trustee of such credit.

More Definitions of Bond Loan

Bond Loan means the loan of Sale Proceeds of the Bonds by the Issuer to the Borrower described in the Bond Loan Agreement.

Bond Loan means the mortgage loan in the principal amount of $[25,600,000] made by the Issuer to the Borrower evidenced by the Note, described in the Bond Loan Agreement and made in connection with the issuance of the Bonds.

Bond Loan means the loan by the Bond Lender to the Borrower, which Bond Loan will be acquired by the Issuer using the proceeds received from the sale of the Bonds.

Bond Loan has the meaning set forth in the Recitals hereof.

Bond Loan shall have the definition given it in Section 6.9(d)(i).

Bond Loan means the loan made to the Borrower by the Lender pursuant to Section 2.1 hereof.

Bond Loan means the loan by the Issuer to the Borrower in the principal amount of