Developer Funding Agreement definition

Developer Funding Agreement means, if applicable, one or more developer capital funding agreements between the Issuer and the Developer, pursuant to which the Developer agrees to advance moneys, from time to time, to the Issuer for deposit into the appropriate Account of the Acquisition and Construction Fund, so that there are sufficient moneys on deposit therein (taking into account proceeds from the applicable Series of Bonds) to complete the Project. Any obligation on the part of the Issuer to repay such advances made by the Developer shall be subordinate to the payment of the Bonds.
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Developer Funding Agreement means such funding agreement or agreements relating to the Developer Funding on such terms and in such form or forms as shall be acceptable to the Developer (acting reasonably)
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Developer Funding Agreement means, if applicable, one or more developer capital funding agreements between the Issuer and the applicable developer entity, pursuant to which the developer entity agrees to advance, from time to time, sufficient moneys (taking into account proceeds from the applicable Series of Bonds) for cost of issuance or to complete the Project. Any obligation on the part of the Issuer to repay such advances shall be subordinate to the payment of the Bonds.
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Examples of Developer Funding Agreement in a sentence

  • Sub-Section 2 is the Consideration of the Developer Funding Agreement.

  • Description of Agreements with Developer: Funding Agreement between TIFC and Kansas City Downtown Hotel Group LLC 5/22/92.

  • A Developer Funding Agreement shall have been executed substantially in the form attached hereto as Exhibit B with respect to any costs and expenses not covered by a previously-executed Developer Funding Agreement, unless developer advances are not required to fund such planning, financing, acquisition and construction.

  • Description of Agreements with Developer: Funding Agreement with 11th Street Corridor Development Corp.

  • On MOTION by Mr. Shapiro, seconded by Ms. Mason, with all in favor, the Developer Funding Agreement and Authorization for Staff to Work with Brooklane and Lennar on Agreement based on Split of Ownership, was approved in substantial form.

  • Description of Agreements with the Developer: Funding Agreement between TIFC and Briarcliff West Development Company 9/25/90; First Amended and Restated Contract between TIFC and Briarcliff West Development Company 6/30/94; Funding Agreement between Missouri Rental Machinery, Inc.

  • These dates will be included in the Developer Funding Agreement and will be revised only with the consent of the Department of Housing.

  • Appropriations There is hereby appropriated out of the revenues of the Eagle Ridge Community Development District, for the fiscal year beginning October 1, 2020, and ending September 30, 2021, the sum of $ to be funded per the Developer Funding Agreement for Fiscal Year 2021, executed on August 4, 2020.

  • On MOTION by Mr. Franklin seconded by Mr. Owen with all in favor, the Fiscal Year 2018-2019 Developer Funding Agreement, was approved.

  • Meridion did not enter into a Developer Funding Agreement with Daniels with respect to the Block 32 Project, as the project was transferred to another contractor following the appointment of the Interim Receiver.


More Definitions of Developer Funding Agreement

Developer Funding Agreement means, if applicable, one or more developer capital funding agreements between the Issuer and the applicable developer entity, pursuant to which the developer entity agrees to advance, from time to time, sufficient moneys (taking into account proceeds from the applicable Series of Bonds) for cost of issuance or to complete the Project. Any obligation on the part of the Issuer to repay such advances shall be subordinate to the payment of the Bonds.
Sample 1

Related to Developer Funding Agreement

  • Project Funding Agreement means an agreement in the form of Schedule E that incorporates the terms of this Agreement and enables the Funder to provide one-time or short term funding for a specific project or service that is not already described in the Schedules;

  • Contribution Agreement has the meaning set forth in the Recitals.

  • Development Agreement has the meaning set forth in the Recitals.

  • Funding Agreement means the agreement made under section 1 of the Academies Act 2010 between the Academy Trust and the Secretary of State to establish the Academy;

  • Marketing Agreement means an agreement entered into, with the director, by producers, distributors, processors, or handlers pursuant to this act and binding only on those signing the agreement.

  • Subordinated Shareholder Funding means, collectively, any funds provided to the Company by any Parent Entity, any Affiliate of any Parent Entity or any Permitted Holder in exchange for or pursuant to any security, instrument or agreement other than Capital Stock, in each case issued to and held by the foregoing Persons, together with any such security, instrument or agreement and any other security or instrument other than Capital Stock issued in payment of any obligation under any Subordinated Shareholder Funding; provided, however, that such Subordinated Shareholder Funding:

  • Non-Lead Securitization Servicing Agreement means the servicing agreement for the related Non-Lead Securitization.

  • Contribution Agreements has the meaning set forth in the Recitals.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • IDR Transfer Agreement means an agreement to transfer, subject to the terms of Tariff, Part VI, section 237, Incremental Deliverability Rights to a party for the purpose of eliminating or reducing the need for Local or Network Upgrades that would otherwise have been the responsibility of the party receiving such rights. Immediate-need Reliability Project: “Immediate-need Reliability Project” shall have the same meaning provided in the Operating Agreement.

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Acquisition Agreement Representations means the representations made by or on behalf of the Target and its Subsidiaries in the Acquisition Agreement that are material to the interests of the Lenders but only to the extent that the Borrower or its applicable Affiliates has the right to terminate its obligation to consummate the Acquisition (or otherwise does not have an obligation to close) under the Acquisition Agreement as a result of a breach of or a failure of such representations to be accurate in the Acquisition Agreement.

  • Non-Lead Securitization Note Holder means any holder of a Non-Lead Securitization Note.

  • Factoring Agreement means a customary market agreement by and between Holdings or a Restricted Subsidiary and a Factoring Company pursuant to which Holdings or such Restricted Subsidiary shall, pursuant to customary terms for the size and type of transaction involved, sell, transfer and assign its rights, title and interests in certain accounts receivable, specifically identified therein, to a Factoring Company.

  • Lead Securitization Note Holder means the holder of the Lead Securitization Note.

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.