FmHA Loan Agreement definition

FmHA Loan Agreement means the Loan Agreement for an RRH Loan to a Limited Partnership Operating on a Limited Profit Basis (Form FmHA 1944-34 or any successor thereof) between the FmHA and the Partnership made in consideration of the Mortgage Loan to the Partnership by the FmHA pursuant to Section 515(b) of the Housing Act of 1949 to build a low to moderate income apartment complex.
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FmHA Loan Agreement means the FmHA Transfer and Rehabilitation Loan Agreements by and between the Partnership and FmHA, as amended from time to time.
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FmHA Loan Agreement means the Loan Agreement by and between the Partnership and FmHA, dated as of February 23, 1995 as amended from time to time.
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Examples of FmHA Loan Agreement in a sentence

  • Any incoming General Partner shall, as a condition of receiving a Partnership interest, agree to be bound by the Project Documents, and all other documents executed in connection with the FmHA Loan Agreement to the same extent and on the same terms as any other General Partner.

  • The Partnership shall fund, establish and maintain a reserve account in an amount required by the FmHA Loan Agreement which funds shall be used in accordance with FmHA Regulation 7 CFR Part 1930-C, or any successor thereof, as evidenced by the FmHA Loan Agreement.

  • Subject to FmHA's consent and approval, if required under the FmHA Loan Agreement or applicable FmHA regulations, this Agreement may be amended at any time by the Limited Partner.

  • The General Partner shall establish and maintain out of Partnership funds a reserve account in an amount required by the FmHA Loan Agreement which funds shall be used in accordance with FmHA Regulation 7 CFR Part 1930-C, or any successor thereof, as evidenced by the FmHA Loan Agreement.

  • In order to comply with Paragraph 5(a) of the FmHA Loan Agreement, the General Partners have advanced to the Partnership $24,078, which amount has been deposited by the Partnership in its general operating account (the "Working Capital Loan") .

  • The General Partner shall fund, establish and maintain a reserve account in an amount required by the FmHA Loan Agreement which funds shall be used in accordance with FmHA Regulation 7 CFR Part 1930-C, or any successor thereof, as evidenced by the FmHA Loan Agreement.

  • Any incoming Managing Member shall, as a condition of receiving a Company interest, agree to be bound by the Project Documents, and all other documents executed in connection with the FmHA Loan Agreement to the same extent and on the same terms as any other Managing Member.

  • The General Partner shall cause Autumn Ridge, Pontiac and ▇▇▇▇▇▇▇, out of funds available to the Partnership only and not out of funds of the General Partner individually, to fund, establish and maintain a reserve account for Autumn Ridge, Pontiac and ▇▇▇▇▇▇▇ in an amount required by the FmHA Loan Agreement which funds shall be used in accordance with FmHA Regulation 7 CFR Part 1930-C, or any successor thereof, as evidenced by the FmHA Loan Agreement.

  • In order to comply with Paragraph 5(a) of the FmHA Loan Agreement, the General Partners have advanced or will advance prior to the Permanent Mortgage Closing to the Partnership $29,600, which amount has been deposited by the Partnership in its general operating account (the "Working Capital Loan").

  • For purposes hereof, the Indemnifiable Loss shall include the amounts so paid, or determined to be owing, by the Indemnified Party together with costs and reasonable attorneys' fees and interest on the foregoing items at the annual rate of ten percent (10%) from the date of notice that the Indemnifiable Loss is due from the Indemnifying Party to the Indemnified Party as provided above, until the Indemnifiable Loss shall be paid.