Development Loans definition

Development Loans means Mortgage Loans made to finance the development of land into a site or sites suitable for the construction of improvements thereon or suitable for other residential, recreational, commercial, industrial or public uses and may include the financing of all or part of the cost of the acquisition of such land (including leaseholds therein).
Development Loans shall have the meaning ascribed to such term in the Loan Agreement.
Development Loans means all Revolving Loans designated as a “Development Loanin accordance with Section 2.04.

Examples of Development Loans in a sentence

  • State Government securities (popularly known as State Development Loans or SDLs) are issued by the respective State Government in co-ordination with the RBI.

  • State Government securities (popularly known as State Development Loans or SDLs) are issued by the respective State Government in co- ordination with the RBI.

  • Indian states also borrow in the bond market by auctioning State Development Loans (SDL) on every Tuesdays.

  • This subpart does not apply to Water and Waste Programs of the Rural Utilities Service, Watershed loans, and Resource Conservation and Development Loans, which are serviced under part 1782 of this title.§ 1951.202 Objectives.The purpose of loan and grant serv- icing functions is to assist recipients to meet the objectives of loans and grants, repay loans on schedule, com- ply with agreements, and protect Rural Development’s financial interest.

  • Solutions offered to Enterprise Banking customers encompass Capital Expenditure (“CAPEX”) financing, Working Capital financing and Cash Management and while Commercial Banking offers the same suite of products, it also provides more sophisticated structures such as Contract Financing, Development Loans and Project Financing.


More Definitions of Development Loans

Development Loans means Mortgage Loans incurred to finance all or part of the cost of acquiring and improving vacant land and developing it into sites suitable for the construction of dwellings or other structures, or suitable for other residential, commercial, industrial or public uses;
Development Loans shall have the meaning specified in Section 2.1 hereof.
Development Loans means all Revolving Loans designated as a “Development Loanin accordance with Section 2.04 . “ Development Mortgaged Property ” means any Mortgaged Property that secures the Development Secured Obligations.
Development Loans means loans that we extend to finance the development of land or property primarily into residential units with repayments typically being made out of the sale or refinancing of the units.
Development Loans means Mortgage loans to finance all or part of the cost of developing vacant land into a site or sites suitable for the construction of buildings thereon or suitable for other residential, commercial, industrial or public uses, including the cost of acquiring land for such purpose.
Development Loans means Mortgage Loans incurred to finance all or part of the cost of acquiring and improving vacant land and developing it into sites suitable for the construction of dwellings, including multi-family dwellings, and other income-producing properties, such as shopping centers and office and industrial buildings, and other structures, or suitable for other residential, commercial, industrial or public uses;
Development Loans means the loan or loans made or to be made from Lender to Borrower to fund Borrower's share of the costs and expenses attributable to the Development Operations.