Fund Loan definition

Fund Loan means a loan provided by the State, acting by and through the NJDEP, to a Borrower for the financing as part of the Financing Program of all or a portion of an Environmental Infrastructure Project pursuant to the Federal Clean Water Act or the Federal Drinking Water Act.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Fund Loan means the loan made to the Borrower by the State, acting by and through the Department, pursuant to the Fund Loan Agreement dated as of December 1, 2020 by and between the Borrower and the State, acting by and through the Department, to finance or refinance a portion of the Costs of the Project.

Fund Loan means the loan made simultaneously herewith to the Borrower by the State, acting by and through the Department, pursuant to the Fund Loan Agreement.

Examples of Fund Loan in a sentence

• RECIPIENTS funded with State Revolving Fund Loan or Forgivable Principal shall include the following verification statement in the “General Comments” text box of each progress report.

• Projects within 1 of the 4 Tiers qualifies for an Inner City Incentive Fund Loan (Loan) if the Project meets certain Categories.

• This limitation provides that costs incurred under contracts awarded after 12 months from the date of this loan are unallowable unless a specific extension has been granted by the Department, in the case of a Fund Loan, and the Trust, in the case of a Trust Loan.

• In the event of any shortfall in the funding of such account at the time of the Third Installment, the General Partner shall provide such funds to the Partnership as shall be necessary to eliminate such shortfall in the form of a loan to the Partnership (the "Tenant Transition Fund Loan").

• In addition, failure to promptly award all sub agreement(s) for building the project within 12 months of the date of this loan may result in limitation of allowable costs as provided by N.J.A.C. 7:22-5.4(d) 5.This limitation on allowable costs incurred under contracts awarded after 12 months from the date of this loan are unallowable unless a special extension has been granted by the Department, in the case of a Fund Loan, and the Trust, in the case of a Trust Loan.

More Definitions of Fund Loan

Fund Loan means the loan previously made to the Borrower by the State, acting by and through the Department.

Fund Loan means a loan from the Alabama Land Recycling Revolving Loan Fund for the allowable costs of a project.

Fund Loan means the loan made to the Borrower by the State, acting by and through the New Jersey Department of Environmental Protection, pursuant to the Fund Loan Agreement dated as of November 1, 2001 by and between the Borrower and the State, acting by and through the New Jersey Department of Environmental Protection, to finance or refinance a portion of the Cost of the Project.

Fund Loan means a loan from one or more of the applicable Funds for the allowable costs of an

Fund Loan has the meaning set forth in Section 2.01 of this Fund Loan Agreement. “Fund Loan Documents” means, collectively, each and every agreement, document and instrument now or hereafter executed in connection with this Fund Loan Agreement or evidencing, securing or otherwise ancillary to the Fund Loan as the same may from time to time be modified, amended, restated or replaced, including, without limitation, the following loan documents:

Fund Loan means the loan made to the Borrower by the State, acting by and through the New Jersey Department of Environmental Protection, pursuant to the Fund Loan Agreement dated as of November 1, 2001 by and between the Borrower and the State, acting by and through the New Jersey Department of

Fund Loan means the amount of $1.74 million to be advanced by way of loan by New Look to Sonomax, as contemplated in the Plan of Arrangement;