Developer Guarantees definition

Developer Guarantees means the Developer's guarantee to the Authority of the lien free completion of the construction of the Project in material compliance with the Development Schedule and the Development Budget and all other guarantees provided by the Developer as required by the LIHTC investor, where applicable, including but not limited to a development deficit guarantee, construction guarantee, and stabilization guarantee.

Examples of Developer Guarantees in a sentence

  • Developer makes only the guarantees in Section 6(g)(iii) (Developer Guarantees) about New Intellectual Property.