Conditional Letter of Commitment definition

Conditional Letter of Commitment means the letter issued by the Minister confirming approval of the Project and setting out the amount, terms and conditions of Funding allocated to the Proponent;
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Conditional Letter of Commitment means a letter issued by the Minister of Municipal Affairs and Housing confirming approval of a Project under the Capital Component subject to conditions;
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Conditional Letter of Commitment means a letter issued by the Province confirming approval of a New Facilities Project.
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Examples of Conditional Letter of Commitment in a sentence

  • If the Province approves the Project, the Province shall advise the Recipient of the approval and provide the Recipient with a Conditional Letter of Commitment.

  • Once approved, a project will receive a Conditional Letter of Commitment from MMAH, which confirms MMAH approval and outlines the steps to take prior to signing a Contribution Agreement.

  • If the Province approves the New Facilities Project, the Province shall advise the Recipient of the approval and provide the Recipient with a Conditional Letter of Commitment.

  • Region of Waterloo “Conditionally Approves” the project and provides the homeowner with a Conditional Letter of Commitment and Invitation to Bid.

  • Once approved by the Board and final (Ministerial) approval is received a development will receive a Conditional Letter of Commitment (CLC) from the Minister, which confirms development approval and outlines the steps to take prior to signing a Partnership Agreement (PA) with OAHS.

  • No funds will be paid from trust to any parties other than those specified in the Conditional Letter of Commitment as authorized on the solicitor’s statement of adjustments.

  • Developer access to capital (Conditional Letter of Commitment from Financial Institution): 10 possible points HCD seeks a developer with established access to capital to complete transaction.

  • The MMAH will provide final approval to successful applicants via a Conditional Letter of Commitment (CLC).

  • Successful proponents will receive a Conditional Letter of Commitment from MMAH as notification of award.

  • This agreement is signed within 18 months of receiving the Conditional Letter of Commitment from MMAH.


More Definitions of Conditional Letter of Commitment

Conditional Letter of Commitment means the written letter signed by the Director of the Affordable Housing Office which indicates the Proponent has been successful in Phase One of this RFP and may proceed with a Phase Two submission.
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Related to Conditional Letter of Commitment

  • Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Commitment Schedule means the Schedule attached hereto identified as such.

  • Existing Letter of Credit means any letter of credit previously issued that (a) will remain outstanding on and after the Closing Date and (b) is listed on Schedule 1.01(d).

  • Auto-Renewal Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Letter of Credit Commitment means, with respect to any Issuing Bank at any time, the amount set forth opposite such Issuing Bank’s name on Schedule I hereto under the caption “Letter of Credit Commitment” or, if such Issuing Bank has entered into one or more Assignment and Acceptances, set forth for such Issuing Bank in the Register maintained by the Administrative Agent pursuant to Section 9.07(d) as such Issuing Bank’s “Letter of Credit Commitment”, as such amount may be reduced at or prior to such time pursuant to Section 2.05.

  • Facility Letter means the facility letter dated the day of 20 from the Lender to the Borrower and shall include all variations, amendments, supplements or substitutions made thereto from time to time.

  • Trade Letter of Credit shall have the meaning provided in Section 2.01(a).

  • Existing Commitment shall have the meaning provided in Section 2.17.