Construction Financing Program Loan definition

Construction Financing Program Loan means any loan that may have been made on the date of the Loan Closing by the I-Bank to the Borrower pursuant to the Construction Financing Program of the I-Bank for the purpose of financing a portion of the Costs of the Project, and, if made and outstanding, shall be identified and described in Exhibit F hereto.
Sample 1Sample 2Sample 3
Construction Financing Program Loan means any loan that may have been made on the date of the Loan Closing by the I-Bank to the Borrower pursuant to the Construction
Sample 1Sample 2Sample 3

Examples of Construction Financing Program Loan in a sentence

  • In order to complete the Project in satisfaction of the terms and provisions hereof, including, without limitation, Section 2.02(h)(ii) hereof and the Exhibits hereto, the Borrower hereby covenants and agrees to provide from its own fiscal resources all moneys, in excess of the total amount of loan proceeds it receives pursuant to the Loan and the Fund Loan, as well as any outstanding Construction Financing Program Loan, that are required in order to complete the Project.

  • Each Project financed through the Transportation Bank initially receives a Short-Term Construction Financing Program Loan (“Short-Term Loan”) to finance the cost of engineering work, certain soft costs, and construction that, thereafter, is refinanced through long-term financing (“Long-Term Loan”).

  • In order to complete the Project in satisfaction of the terms and provisions hereof, including, without limitation, Section 2.02(g)(ii) hereof and the Exhibits hereto, the Borrower hereby covenants and agrees to provide from its own fiscal resources all moneys, in excess of the total amount of loan proceeds it receives pursuant to the Loan and the Fund Loan, as well as any outstanding Construction Financing Program Loan, that are required in order to complete the Project.

  • In order to complete the Project in satisfaction of the terms and provisions hereof, including, without limitation, the Exhibits hereto, the Borrower hereby covenants and agrees to provide from its own fiscal resources all moneys, in excess of the total amount of loan proceeds it receives pursuant to the Loan and the Fund Loan, as well as any outstanding Construction Financing Program Loan, that are required in order to complete the Project.

  • In order to complete the Project in satisfaction of the terms and provisions hereof, including, without limitation, Section 2.02(h)(ii) hereof and the Exhibits hereto, the Borrower hereby covenants and agrees to provide from its own fiscal resources all moneys, in excess of the total amount of loan proceeds it receives pursuant to the Loan and the I- Bank Loan, as well as any outstanding Construction Financing Program Loan, that are required in order to complete the Project.

  • Funds become available to the Project Sponsor upon Short-Term Loan closingand are disbursed upon the Transportation Bank's receipt of requisitions and contractor invoices as discussed in Section II, Part D, “Short-Term Construction Financing Program; Loan Closing.”Short-Term Loan interest rates will be set monthly as directed by the I-Bank’s Board of Directors (“Board”).

  • Another essential for data analysis and effective decision-making is the ability to read information presented in tables, graphs and maps and interpret the meaning and implications of statistical concepts such as percentage, ratio and variability.

  • Each Project financed through the Transportation Bank initially receives a Short-Term Construction Financing Program Loan (“Short-Term Loan”) that, thereafter, is refinanced through a Long-Term loan.

  • Executive Director Zimmer introduced Assistant Director Scangarella to present Resolution No. 18-06 authorizing a SFY2018 and SFY2019 NJEIFP Construction Financing Program Loan to Cumberland County for project # S340438-01, for the construction of wastewater infrastructure in Downe Township for an amount not to exceed $16 million.

  • In order to complete the Project in satisfaction of the terms and provisions hereof, including, without limitation, Section 2.02(g)(ii) hereof and the Exhibits hereto, the Borrower hereby covenants and agrees to provide from its own fiscal resources all moneys, in excess of the total amount of loan proceeds it receives pursuant to the Loan and theFund Loan, as well as any outstanding Construction Financing Program Loan, that are required in order to complete the Project.

Related to Construction Financing Program Loan

  • Financing Plan means the Republic of Venezuela 1990 Financing Plan dated June 25, 1990, distributed to the international banking community.

  • Project financing gap means the part of the total project cost,

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Aquaculture facility means the same as that term is defined in Section 4-37-103.

  • Non-Financing Lease Obligation means a lease obligation that is not required to be accounted for as a financing or capital lease on both the balance sheet and the income statement for financial reporting purposes in accordance with GAAP. For the avoidance of doubt, a straight-line or operating lease shall be considered a Non-Financing Lease Obligation.

  • Permitted Securitization Financing means one or more transactions pursuant to which (i) Securitization Assets or interests therein are sold to or financed by one or more Special Purpose Securitization Subsidiaries, and (ii) such Special Purpose Securitization Subsidiaries finance their acquisition of such Securitization Assets or interests therein, or the financing thereof, by selling or borrowing against Securitization Assets and any Hedging Agreements entered into in connection with such Securitization Assets; provided, that recourse to the Borrower or any Subsidiary (other than the Special Purpose Securitization Subsidiaries) in connection with such transactions shall be limited to the extent customary (as determined by the Borrower in good faith in consultation with the Administrative Agent) for similar transactions in the applicable jurisdictions (including, to the extent applicable, in a manner consistent with the delivery of a “true sale”/“absolute transfer” opinion with respect to any transfer by the Borrower or any Subsidiary (other than a Special Purpose Securitization Subsidiary)).

  • Project Financing means: (a) one or more loans, leases, equity and/or debt financings, together with all modifications, renewals, supplements, substitutions and replacements thereof, the proceeds of which are used to finance or refinance the costs of the Customer Facility, any alteration, expansion or improvement to the Customer Facility, the purchase and sale of the Customer Facility or the operation of the Customer Facility; (b) a power purchase agreement pursuant to which Interconnection Customer’s obligations are secured by a mortgage or other lien on the Customer Facility; or (c) loans and/or debt issues secured by the Customer Facility.

  • Development Credit Agreement means the agreement of even date herewith between the Borrower and the Association for the Project, as such agreement may be amended from time to time; and such term includes all schedules and agreements supplemental to the Development Credit Agreement.