Development Cash Flow means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a Multifamily Mortgage Revenue Bond (MMRB) Loan (as defined in rule Chapter 67-21, F.A.C.), cash transactions of the Development as calculated in the statement of cash flows prepared in accordance with generally accepted accounting principles (“GAAP”), as adjusted for any cash transactions that are subordinate to the SAIL loan interest payment including any distribution or payment to the Applicant or Developer, Principal(s) of the Applicant or Developer or any Affiliate of the Principal(s) of the Applicant or Developer, or to the Developer or any Affiliate of the Developer, whether paid directly or indirectly, which was not expressly disclosed in determining the annual debt service coverage in the Board approved final credit underwriting report.

Development Cash Flow means, with respect to SAIL Developments, cash flow of a SAIL Development as calculated in the statement of cash flows prepared in accordance with generally accepted accounting principles (“GAAP”) and as adjusted for items including any distribution or payment to the Principal(s) or any Affiliate of the Principal(s) or to the Developer or any Affiliate of the Developer, whether paid directly or indirectly, which was not expressly disclosed in determining debt service coverage in the Board approved final credit underwriting report.

Examples of Development Cash Flow in a sentence

Payment of the DAF shall be approved by CHFA based on a predetermined schedule, which will be reflected in the Development Cash Flow projection.
Any debt service reserve requirement associated with a superior mortgage shall be excluded from the amount of the superior mortgage for purposes of this calculation.(5) Payment on the loans shall be based upon the Development Cash Flow, as determined pursuant to the Financial Reporting Form SR-1, or shall be due annually as determined by the Corporation’s Board of Directors.
If the Applicant has not submitted the required audited financial statements, the Corporation servicer shall deem the Development Cash Flow sufficient and issue a billing for interest due on the SAIL loan for the immediately preceding calendar year by July 31.
Unlike previous annual updates, the 2021-22 school year update also provides goals, measurable objectives, and an extensive list of improvement strategies related to the District’s finances and operations, including Budget Development, Cash Flow Management, Reimbursement Claiming Processes, Expenditure (Internal Controls), Long-Term Planning, Organization Structure and Internal Operations Efficiencies, Transportation, Facilities, and Contracting Process.
Each project in this programme has either a latest ‘Financial Model’ (if an agreed LLP) or an estimated Development Cash Flow (if a pipeline site).

More Definitions of Development Cash Flow

Development Cash Flow means, with respect to SAIL Developments as well as HOME

Development Cash Flow means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially

Development Cash Flow means, with respect to SAIL Developments, cash flow of a SAIL Development as calculated in the statement of cash flows prepared in accordance with generally accepted accounting principles (“GAAP”) and as adjusted for items including any distribution or payment to the Applicant or Developer, Principal(s) of the Applicant or Developer or any Affiliate of the Principal(s) of the

Development Cash Flow means cash flow as calculated in the statement of

Development Cash Flow means cash flow of the Development as calculated in the statement of cash flows prepared in accordance with generally accepted accounting principles and as adjusted for items including any distribution or payment to the Borrower or Developer, Principal(s) of the Borrower or Developer, or any Affiliate of the Principal(s) of the Borrower or Developer, or to the Developer or any Affiliate of the Developer, whether paid directly or indirectly, which was not expressly disclosed in determining debt service coverage in the Credit Underwriting Report dated November 20, 2009.

Development Cash Flow means the projected cash flow produced by Xxx Xxxxxx XxXxxxxx Limited under the supervision of the Cost Consultant in relation to the development of the PSDF Site and addressed to Pinewood Studios Limited as updated from time to time.