Credit Subsidy Cost definition

Credit Subsidy Cost means the “cost of a loan guarantee”, as defined in section 502(5)(C) of FCRA.
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Credit Subsidy Cost. The meaning given the term “cost” in Section 1701(2) of Title XVII.
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Credit Subsidy Cost means the “cost of a loan guarantee,” as defined in Section 502(5)(C) of FCRA, as amended.
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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.

  • The Credit Subsidy Cost is the net present value of the estimated long-term cost to the U.S. government of a loan guarantee as determined under the applicable provisions of the Federal Credit Reform Act of 1990, as amended (“FCRA”).

  • The Applicant may not finance the payment of the Credit Subsidy Cost through funds obtained from the federal government or through a loan made or guaranteed by the federal government, unless otherwise explicitly authorized by Congress.

  • The Credit Subsidy Cost is expressed as a percentage of the Guaranteed Loan amount.

  • In accordance with FCRA and this Solicitation, DOE must consult with OMB and obtain OMB’s approval of DOE’s calculation of the Credit Subsidy Cost for each proposed loan guarantee prior to issuing any loan guarantee.

  • Section 1702(b) of Title XVII provides that DOE must receive either an appropriation for the Credit Subsidy Cost of a loan guarantee or, in lieu of an appropriation, a cash payment of such cost directly from the applicant.

  • DOE’s allocation of Appropriated Credit Subsidy pursuant to this Solicitation will be made in conjunction with DOE’s consultation with OMB regarding the calculation of the Credit Subsidy Cost for each proposed loan guarantee.

  • DOE makes no representation regarding the amount of any particular applicant’s Credit Subsidy Cost.

  • For a Qualifying Project the portion of the Credit Subsidy Cost that DOE will pay is the amount of the Credit Subsidy Cost that is above seven percent (7%), up to a total of $17,000,000.

  • In all cases the applicant will pay the amount of the Credit Subsidy Cost that is seven percent (7%) or less.


More Definitions of Credit Subsidy Cost

Credit Subsidy Cost. As defined in §609.2 of the Applicable Loan Guarantee Requirements.
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Credit Subsidy Cost. As defined in §609.2 of the Applicable Regulations.
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Credit Subsidy Cost. As defined in §609.2 of the Applicable Loan Guarantee Requirements. "Xxxxx-Xxxxx 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.
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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:
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