Development Company Participation Certificates definition

Development Company Participation Certificates. Eligible Collateral”, “Expected ABS Collateral”, “Floating Rate Loan”, “Haircut Amount”, “Haircut Percentage”, “Initial Loan Request”, “Lender”, “Loan”, “Loan Requests”, “Loan Closing Date”, “Loan Repayment Amount”, “Loan Subscription Date”, “Market Price”, “Market Value”, “Master TALF Collateral Account”, “New Acquisition Collateral”, “Obligations”, “Offering Materials”, “Person”, “Primary Dealer”, “Put Option Agreement”, “SBA Pool Certificates”, “TALF”, “TALF Standing Loan Facility Procedures”, and “TALF LLC” are defined in the MLSA.
Development Company Participation Certificates means SBA Collateral backed by loans made pursuant to the Certified Development Company/504 loan program of the U.S. Small Business Administration. Dollars mean dollars in lawful currency of the United States. DTC means The Depository Trust Company.

Examples of Development Company Participation Certificates in a sentence

  • While TALF I accepted similar collateral as TALF, and generally had a three-year maturity, TALF I loans secured by SBA Pool Certificates, SBA Development Company Participation Certificates, or ABS backed by student loans or commercial mortgage loans, could be up to five-years.43 During its period of operation, TALF I made 2,152 loans totaling $71.1 billion.44 As outlined below, this amount is significantly lower than the amount of loans made by TALF in 2020.

  • Each TALF loan had an original maturity of three years, except loans secured by Small Business Administration (SBA) Pool Certificates, loans secured by SBA Development Company Participation Certificates, or ABS backed by student loans or commercial mortgage loans, which had an original maturity of five years if the borrower so elected.

  • With respect to Development Company Participation Certificates, no issuer certification, indemnity or undertaking is required.

  • For Development Company Participation Certificates, offering materials submitted at this time must either contain the security’s weighted average life or include a supplement disclosing the security’s weighted average life.After loan subscription date• Not required for SBA Pool Certificates.

  • Another way is to change the configuration of the stacks so that a single crane can serve more than one stack without crossing roads used by the AGVs. These possibilities have not been explored in this study.

  • SBA Pool Certificates or Development Company Participation Certificates had an issuance cutoff date of January 1, 2008, and were exempt from the ratings requirements.

  • Various strategies should be used to arouse the interest of students, including constructive feedback.

  • All proposals must meet the current Australian industry standard for EME.Applicants should seek any required clearances for access and development prior to an application being submitted to the National Capital Authority.

  • SBA Pool Certificates and Development Company Participation Certificates must have been issued on or after January 1, 2008.

  • The eligible ABS must be issued on or after January 1, 2009 (except for SBA Pool Certificates or Development Company Participation Certificates), but need not be issued on the same day the investor borrows from the TALF.

Related to Development Company Participation Certificates

  • Participation Certificate means the original participation certificate, if any, that was executed and delivered in connection with a Participation Interest.

  • Swing Line Loan Participation Certificate a certificate in substantially the form of Exhibit I.

  • Applicable Participation Agreement Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Funding Agreements means all or any of the agreements or instruments to be entered into by a Project Service Provider or any of their Associates relating to the financing of its business of providing services pursuant to the terms of any Project Agreements, excluding always the Project Agreements themselves;

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Individual development account means a contract between an account holder and a fiduciary organization, for the deposit of funds into a financial institution by the account holder, and the deposit of matching funds into the financial institution by the fiduciary organization, to allow the account holder to accumulate assets for use toward achieving a specific purpose approved by the fiduciary organization.

  • Participation Agreements as defined in this Trust Supplement are the "Note Purchase Agreements" referred to in the Basic Agreement.

  • Development Period Security shall have the meaning set forth in Section 6.1(a) hereof.

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Individualized Education Program (IEP means a written statement for a student with a disability that is developed, reviewed, and revised in accordance with the Utah Special Education Rules and Part B of the Individuals with Disabilities Education Act (IDEA).

  • Development Agreements means all development, utility or similar agreements included in the Permitted Encumbrances.

  • Restricted Amount has the meaning set forth in Section 2.11(b)(iv).

  • Development Credit Agreement means the agreement of even date herewith between the Borrower and the Association for the Project, as such agreement may be amended from time to time; and such term includes all schedules and agreements supplemental to the Development Credit Agreement.

  • Least developed country construction material means a construction material that—

  • Excess Distribution Certificate means the certificate, substantially in the form of Exhibit A to the Trust Agreement, evidencing the right to receive payments thereon as set forth in Sections 2.8(j) and 2.9(f) of the Administration Agreement.

  • Borrower LLC Agreement means the Limited Liability Company Operating Agreement of the Borrower, dated as of June 23, 2011.

  • Completion Certificate means the certificate to be issued by the GIPCL when the work/ s have been completed to his satisfaction as per terms of the contract.

  • Information Certificate means the Information Certificate of Borrower constituting Exhibit A hereto containing material information with respect to Borrower, its business and assets provided by or on behalf of Borrower to Lender in connection with the preparation of this Agreement and the other Financing Agreements and the financing arrangements provided for herein.

  • Non-Participating Home Infusion Therapy Provider means a Home Infusion Therapy Provider who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • 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;

  • Best available control technology (BACT means an emissions limitation (including a visible emission standard) based on the maximum degree of reduction for each pollutant subject to regulation under CAA which would be emitted from any proposed major stationary source or major modification which the Department, on a case-by-case basis, takes into account energy, environmental, and economic impacts and other costs, determines is achievable for such source or modification through application of production processes or available methods, systems, and techniques, including fuel cleaning or treatment or innovative fuel combustion techniques for control of such pollutant. In no event shall application of best available control technology result in emissions of any pollutant which would exceed the emissions allowed by any applicable standard under 7 DE Admin. Code 1120 and 1121. If the Department determines that technological or economic limitations on the application of measurement methodology to a particular emissions unit would make the imposition of an emissions standard infeasible, a design, equipment, work practice, operational standard, or combination thereof, may be prescribed instead to satisfy the requirement for the application of best available control technology. Such standard shall, to the degree possible, set forth the emissions reduction achievable by implementation of such design, equipment, work practice or operation, and shall provide for compliance by means which achieve equivalent results.

  • Environmental Management Plan or “EMP” means the environmental management plan for the Project, including any update thereto, incorporated in the IEE;

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Construction Completion Certificate means a document:

  • Design Development Documents means the Drawings, Specifications and other documents prepared by the Trade Contractor that establish and describe the size and character of the Trade Contractor Work as to architectural, civil, structural, mechanical and electrical systems, graphics and signage, and other elements, and which include typical construction details, equipment layouts and specifications that identify major materials and systems.