DWSRF loan definition

DWSRF loan means an agreement between the department and the borrower in which the DWSRF provides funds for eligible assistance and the borrower agrees to repay the principal sum, applicable inter- est, and DWSRF loan fee to the DWSRF.
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DWSRF loan means that portion of the Loan made by the State from the loan program established to assist publicly owned and privately owned community drinking water systems and nonprofit noncommunity drinking water systems to finance the costs of infrastructure needed to achieve or maintain compliance with the Safe Drinking Water Act and to promote the public health objectives of said Act.]
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DWSRF loan means an agreement between the board and the borrower in which the DWSRF provides funds for eligible assistance and the borrower agrees to repay the246-296-020 DWSRF Loan Program principal sum, applicable interest, and DWSRF loan fee to the DWSRF.
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Examples of DWSRF loan in a sentence

  • Activities under this set-aside include helping systems prepare their DWSRF loan applications, assistance with improving their technical, financial, and managerial capability, training, and planning, technical assistance via sanitary survey follow-ups, direct on-site assistance and a Circuit Rider program to address any necessary improvements to the water system.

  • The State will expend all funds in the DWSRF loan fund in a timely and expeditious manner in accordance with the EPA Drinking Water State Revolving Fund (DWSRF) National Unliquidated Obligations Strategy of April 14, 2014.

  • A DWSRF loan may include the costs of project planning and services incurred prior to construction (e.g., costs associated with preparing the PER, plans and specifications, advertising, pre-bid conference, bidding procedures, pre-construction conference, loan application, or administration).

  • For land with structures or other improvements, only the appraised value of the land is DWSRF loan eligible, not the appraised value of the land with the structures or improvements.

  • The SDWA requires that a public water system applying for a DWSRF loan must show that it has the technical, financial and managerial capacity to ensure compliance.

  • Assure that any un-drawn funds are returned to the DWSRF loan pool and made available to other Participants, to minimize un-liquidated obligations.

  • The NJDEP’s loan origination fee is not included in the principal amount of the DWSRF loan and is separately accounted for.

  • Managerial capacity of a PWS is evaluated during routinely conducted sanitary surveys and when the PWS applies for a DWSRF loan.

  • Activities under this set‐aside include helping systems prepare their DWSRF loan applications, assistance with improving their technical, financial, and managerial capability, training, and planning, technical assistance via sanitary survey follow‐ups, direct on‐site assistance and a Circuit Rider program to address any necessary improvements to the water system.

  • To maximize public health protection potential and minimize un-liquidated obligations older set-aside funding will be transferred back to the DWSRF loan account as it is determined not to be needed by the SSAF.

Related to DWSRF loan

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Term SOFR Loan means a Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Term Loan has the meaning specified in Section 2.01(b).

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Type of Loan means (i) with respect to either Term Loans or Revolving Loans, a Base Rate Loan or a Eurodollar Rate Loan, and (ii) with respect to Swing Line Loans, a Base Rate Loan.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Dollar Loan means a Loan denominated in Dollars.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Bid Rate Loan means a loan made by a Lender under Section 2.3.(f).

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • PPP Loan has the meaning set forth in Section 3.28.

  • Multicurrency Loan means a Loan denominated in Dollars or an Agreed Foreign Currency.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.