Final Commitment Letter definition

Final Commitment Letter means a letter issued by CalHFA to memorialize the terms and conditions relating to the use of Program Funds and conditions relating to a proposed Development and units reserved for Eligible Clients, including (a) the terms and conditions of the Loan and COSR approval; (b) any reserve requirements, (c) the required Loan lien priority; and (d) any special conditions related to the Development financing or scope of rehabilitation or construction.
Final Commitment Letter means a letter issued by OCCR to memorialize the terms and conditions relating to the loans made out of Fund 12A and conditions relating to a proposed development and units reserved for Eligible Clients, including: (a) the terms and conditions of the loan and COSR approval; (b) any reserve requirements;
Final Commitment Letter has the meaning set forth in Section 4.5.

Examples of Final Commitment Letter in a sentence

  • No party to the Final Commitment Letter is in breach or default, and no event has occurred which with notice or lapse of time would constitute a breach or default under, or permit the termination of, the Final Commitment Letters.

  • To the Knowledge of Parent or Purchaser, no party has repudiated any provision of the Final Commitment Letter.

  • This Contract shall be governed by and construed in accordance with the laws of the State of Texas without giving effect to any conflict of law rules that would cause the application of the laws of any other jurisdiction.

  • At the Closing, the Buyer's debt financing sources fund in accordance with the Final Commitment Letter.

  • The Buyer has provided to the Seller a commitment letter from the Buyer's financing sources in the form attached hereto as Exhibit V (the "Final Commitment Letter").

  • A detail page with accessible details (such as shower/tub controls, grab bars, kitchens, bathrooms, water fountains, ramps, panel box height, outlet/switch height, etc.) is recommended for contractors to better insure accessibility details are not missed.A set of blueprints must be submitted if awarded before Final Commitment Letter.

  • Applicants with a conditional commitment for financing will have 12 months from the issuance of the Conditional Commitment Letter, to fulfill the terms, prior to the issuance of a Final Commitment Letter.

  • Note: The Final Commitment Letter can be amended for specific items (including extensions) and a single project can have multiple Final Commitment Letters.

  • Mr. Troyer stated Mercantile Bank of Michigan’s Final Commitment Letter was included in the packet.

  • Please see Appendix H (incorporated herein by reference) for the full list of requirements to obtain the Final Commitment Letter.

Related to Final Commitment Letter

  • Equity Commitment Letter has the meaning set forth in Section 4.8.

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Commitment Letters means the Debt Commitment Letter and the Equity Commitment Letter.

  • Commitment Letter has the meaning set forth in Section 5.7.

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in the form of Exhibit R (appropriately completed) executed and delivered in accordance with Section 2.14.

  • Debt Commitment Letter has the meaning set forth in Section 5.5.

  • Backstop Commitment Agreement means that certain Backstop Commitment Agreement, by and between CEOC and the PropCo Preferred Backstop Investors party thereto from time to time, as the same may be amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, the form of which shall be included in the Plan Supplement.

  • Equity Commitment Letters has the meaning set forth in Section 6.6(a).

  • Debt Commitment Letters shall have the meaning set forth in Section 5.7(a).

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Financing Commitment shall have the meaning set forth in Section 6.4.

  • Financing Commitments has the meaning set forth in Section 5.7.

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Financial Commitment means the legally binding undertaking of the Operator to mobilize the financial requirements of the project, for ensuring the completion of the project;

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Repayment Agreement means an agreement

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Incremental Facility Agreement means an Incremental Facility Agreement among the Borrower, the Administrative Agent and one or more Incremental Lenders, establishing Incremental Term Commitments of any Series or Incremental Revolving Commitment Increases and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.21.

  • Credit Facility Agreement means any agreement pursuant to which a Credit Facility Issuer issues a Credit Facility.

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Replacement Letter of Credit means any letter of credit issued pursuant to a Replacement Revolving Facility.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Backstop Commitment has the meaning set forth in Section 2.2(b).