FHA Commitment definition

FHA Commitment means the Commitment for Insurance of Advances issued by FHA with respect to FHA Insurance on the Mortgage Loan, as the same may be amended.
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FHA Commitment means and refer to that certain Commitment for Insurance of Advances (HUD Form 92432) issued to Xxxxx by the Baltimore Office of HUD on September 29, 1987, amended and reissued December 29, 1987, amended March 14, 1988, and amended June 2, 1988, and as the same may have been further amended and extended through the effective date of this Agreement and beyond.
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FHA Commitment means the Commitment for Insurance Upon Completion issued by FHA with respect to FHA Insurance on the Mortgage Loan, as the same may be amended.
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Examples of FHA Commitment in a sentence

  • In the event the anticipated costs exceed the amount listed above, Seller shall provide Buyer with an itemized written statement of the total costs of the repairs required in the FHA Commitment from third-party contractor(s) selected by Seller.

  • Borrower has the [limited liability company/corporate/partnership/trust] power and authority to own and operate the Project and to perform all of its obligations under the Loan Documents and to comply with applicable federal statutes and regulations of HUD in effect on the date of the FHA Commitment.

  • Any repairs required in the FHA Commitment shall be completed and paid for by_ _ _ _ B_ uyer__ _ _ prior to closing provided such repairs do not exceed $ in total costs.

  • Any repairs required in the FHA Commitment shall be completed and paid for by_ _ _ prior to closing provided such repairs do not exceed $ _ in total costs.

  • Borrower has the [limited liability company/corporate/partnership] power and authority to own the Project and to perform all of its obligations under the Loan Documents and to comply with applicable federal statutes and regulations of HUD in effect on the date of the FHA Commitment.

  • Based on the Organizational Documents, the name of Borrower in each of the Documents and the Title Policy and FHA Commitment is the correct legal name of the Borrower.

  • Borrower possesses all necessary governmental certificates, permits, licenses, qualifications and approvals to operate the Project and to perform all of its obligations and carry out all of the transactions required under the Loan Documents, and to comply with applicable federal statutes and regulations in effect on the date of the FHA Commitment.

  • He/she is responsible for the calculation of distances, control at joint basketing, receiving of race results from Clubs as per the schedules compiled by the Management Committee and to supply all Clubs with race results.

  • The proposed tanks will be painted (to reflect sunlight and reduce internal temperature and thus evaporative losses) and the paint integrity will be ensured through routine maintenance.c) Through Enbridge’s continuous involvement with the SIA, ambient air quality monitoring data will be used to help determine if mitigation goals have been met.

  • The Mualem (1973) similarity hypothesis has been ap-plied in a series of hysteresis models proposed by Mualem, including Mualem (1973, 1974, 1977, 1984a, 1984b), and provides significant improvement in the practical application of the domain hysteresis models.

Related to FHA Commitment

  • Facility A Commitment means, with respect to any Lender, the principal amount set out beside such Lender's name in Schedule V with reference to Facility A, as amended from time to time, and to the extent not cancelled or terminated hereunder.

  • Revolving Loan Commitment means, for each Bank, the amount set forth opposite such Bank's name in Schedule I directly below the column entitled "Revolving Loan Commitment," as same may be (x) reduced from time to time pursuant to Sections 3.02, 3.03 and/or 10 or (y) adjusted from time to time as a result of assignments to or from such Bank pursuant to Section 1.13 or 13.04(b).

  • L/C Commitment means the commitment of the Issuing Bank to issue Letters of Credit pursuant to Section 2.23.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Loan Commitment has the meaning set forth in Section 2.1.

  • Revolving Commitment means, as to each Lender, its obligation to (a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Tranche A Commitment means, with respect to each Lender, the -------------------- commitment, if any, of such Lender to make Tranche A Term Loans hereunder, expressed as an amount representing the maximum principal amount of the Tranche A Term Loans to be made by such Lender hereunder, as such commitment may be (a) reduced from time to time pursuant to Section 2.06 and (b) reduced or increased from time to time pursuant to assignments by or to such Lender pursuant to Section 9.04. The initial amount of each Lender's Tranche A Commitment is set forth on Schedule 2.01, or in the Assignment and Acceptance pursuant to which such Lender shall have assumed its Tranche A Commitment, as applicable. The initial aggregate amount of the Lenders' Tranche A Commitments is $175,000,000.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Revolving Commitment Increase Lender has the meaning specified in Section 2.14(a).

  • Delayed Draw Commitment as defined in the Second Amended and Restated Credit Agreement.

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Tranche B Commitment means, as to each Lender, its obligation to (a) make Committed Loans to TCCI pursuant to Section 2.1(b) and (b) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.1 as its “Tranche B Commitment” or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).