Credit Subsidy Cost definition

Credit Subsidy Cost means the “cost of a loan guarantee,” as set forth in section 502(5)(C) of the Federal Credit Reform Act of 1990, as amended.

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Credit Subsidy Cost means the “cost of a loan guarantee”, as defined in section 502(5)(C) of FCRA.

Credit Subsidy Cost. The meaning given the term “cost” in Section 1701(2) of Title XVII.

Examples of Credit Subsidy Cost in a sentence

• Any deviation, however, that was not cap- tured in the Credit Subsidy Cost will require either additional fees or discre- tionary appropriations.

• Any amendment to or waiver of this Common Agreement or any of the terms hereof that constitutes a ‘modification’ within the meaning set forth in Section 502(9) of the Federal Credit Reform Act of 1990 and OMB Circular A-11 may be subject to (a) the availability to DOE of funds appropriated by the United States Congress to meet an increase, if any, in the Credit Subsidy Cost or (b) if such funds are not appropriated or are unavailable, to the payment by the Borrower of any such increase.

• The Loan Servicer shall have received confirmation, in form and substance satisfactory to each Relevant Credit Party, that (i) OMB has reviewed and approved DOE’s calculation of the Credit Subsidy Cost for the DOE Guarantee as of the Financial Closing Date, and (ii) DOE has received payment in full of the Credit Subsidy Cost in accordance with the Program Requirements.

• All amounts payable to DOE under this Section 3.6 shall be paid in accordance with Section 3.4(f) (Payment of Credit Subsidy Cost and Fees).

• Any amendment to or waiver of this Agreement or any of the terms hereof that constitutes a ‘modification’ within the meaning set forth in Section 502(9) of the Federal Credit Reform Act of 1990 and OMB Circular A-11 may be conditioned upon payment of any increase to the DOE Guaranteed Loan Credit Subsidy Cost by the Borrower.

More Definitions of Credit Subsidy Cost

Credit Subsidy Cost. As defined in §609.2 of the Applicable Regulations.

Credit Subsidy Cost. As defined in §609.2 of the Applicable Loan Guarantee Requirements.

Credit Subsidy Cost means the “cost of a loan guarantee,” as defined in Section 502(5)(C) of the FCRA. “Currency of Denomination” has the meaning given to such term in Section 11.06 (Judgment Currency). “▇▇▇▇▇-▇▇▇▇▇ Act” means Subchapter IV of Chapter 31 of Part A of Subtitle II of Title 40 of the United States Code, including and as implemented by the regulations set forth in Parts 1, 3 and 5 of title 29 of the Code of Federal Regulations. “▇▇▇▇▇-▇▇▇▇▇ Act Covered Contract” means any contract, agreement or other arrangement for the for the “construction, prosecution, completion or repair” of the Project (within the meaning of 40 U.S.C. § 3142 of the ▇▇▇▇▇-▇▇▇▇▇ Act and 29 C.F.R. § 5.2). “▇▇▇▇▇-▇▇▇▇▇ Act Requirements” means the requirement that all laborers and mechanics employed by contractors and subcontractors in the performance of construction work financed in whole or in part by the Guaranteed Loan shall be paid wages at rates not less than those prevailing on projects of a character similar in the locality as determined by the Secretary of Labor in accordance with the ▇▇▇▇▇-▇▇▇▇▇ Act, and all regulations related thereto, including those set forth in 29 C.F.R. §§ 5.5(a)(1) to (11) and 29 C.F.R. §§ 5.5(b)(1) to (5), and all notice, reporting and other obligations related thereto as required by DOE, as set out in the Financing Documents, and the appropriate wage determination(s) by the Secretary of Labor in each ▇▇▇▇▇-▇▇▇▇▇ Act Covered Contract. “DBA Contract Party” means any contractor, subcontractor (including any lower tier subcontractor) or other Person (other than the Borrower) that is party to a ▇▇▇▇▇-▇▇▇▇▇ Act Covered Contract.

Credit Subsidy Cost means the “cost of a loan guarantee,” as defined in Section 502(5)(C) of FCRA. “Cure Amount” has the meaning given to such term in Section 10.01(e) (Breach of Debt Service Coverage Ratio). “Cure Stalls” means, as of any date of determination, all Qualified Stalls contributed by the Sponsor to the Borrower (other than Initial Assets), from time to time after the Effective Date, the costs of which have not been paid or reimbursed, in whole or in part, with proceeds from any Advance. “Currency of Denomination” has the meaning given to such term in Section 11.06. (Judgment Currency). “Cyber-Security Plan” has the meaning given to such term in Section 5.01(f) (Cyber-Security Plan).

Credit Subsidy Cost. As defined in §609.2 of the Applicable Loan Guarantee Requirements. "▇▇▇▇▇-▇▇▇▇▇ Act" Subchapter IV of Chapter 31 of Part A of Subtitle II of Title 40 of the United States Code, including and as implemented by the regulations set forth in Parts 1, 3 and 5 of title 29 of the Code of Federal Regulations.

Credit Subsidy Cost has the same meaning as ‘‘cost of a loan guarantee’’ in section 502(5)(C) of the Federal Credit Reform Act of 1990, which is the net present value, at the time the Loan Guarantee Agreement is executed, of the following estimated cash flows, discounted to the point of disburse- ment:

Credit Subsidy Cost means the “cost of a loan guarantee,” as defined in Section 502(5)(C) of FCRA. “Cure Amount” has the meaning given to such term in Section 10.01(e) (Breach of Debt Service Coverage Ratio). “Cure Stalls” means, as of any date of determination, all Qualified Stalls contributed by the Sponsor to the Borrower (other than Initial Assets), from time to time after the Effective Date, the costs of which have not been paid or reimbursed, in whole or in part, with proceeds from any Advance. “Currency of Denomination” has the meaning given to such term in Section 11.06. (Judgment Currency). “Cyber-Security Plan” has the meaning given to such term in Section 5.01(f) (Cyber-Security Plan).