Examples of Initial Cash Contributions in a sentence
In the FY 2007 AMI estimates, HUD introduced local ACS data for metropoli- tan areas and counties with populations above 65,000 from the first full–implemen- tation year of the ACS (2005).9One way in which the 15–year LIHTC revenue forecasts can go wrong is through the failure of AMIs, and the income lim- its and rents derived from them, to rise as predicted.
For the avoidance of doubt, the Initial Cash Contributions to be made by each Holder on the Closing Date shall be such Holder’s Contribution Share of all anticipated expenditures of the Company for the first 12 months following the date of Closing as set forth in the Initial Budget.
Upon any Shortfall Redemption the Contribution Amount shall be treated as Initial Cash Contribution or Additional Contribution, as applicable, for the Contributing Member and the Shortfall Contribution shall be treated as Initial Cash Contributions or Additional Contributions, as applicable, for the Non-Contributing Member, in each case, as of the date the Shortfall Amount was contributed by the Contributing Member and no further Default Preferred Return will accrue thereon.
The Manager shall not, in any way, be deemed to guarantee the return of the Members' Initial Cash Contributions or Capital Contributions or a profit for the Members from the operations of the Company, and the Manager shall not be liable to the Company or to any Member for any loss or damage sustained by the Company or any Member, unless the loss or damage shall have been the result of fraud, deceit, gross negligence, willful misconduct or a wrongful taking by the Manager.
The Shareholders further agree that all required Government Approvals in respect of the adoption of the By-laws shall be a condition precedent to the capitalization of the Initial Cash Contributions and shall be obtained by the Corporation on or before January 31, 1998, Clause 3.2.2 of the USA being amended accordingly.
The Shareholders further agree that all required Government Approvals in respect of the adoption of the By-laws shall be a condition precedent to the capitalization of the Initial Cash Contributions and shall be obtained by the Corporation on or before December 31, 1997, Clause 3.2.2 of the USA being amended accordingly.
Transaction Documents The Mandate Agreement, the Future Dividend Assignment Agreement, the PPSA Agreement, the Documents concerning the Designated Purchase Agreements, and the Irrevocable Payment Instructions and the Acceptances, the Documents that the Shareholders sign for the compensations provided in the Conditions Precedent to the Closing Date and in the Conditions Precedent to the Initial Cash Contributions.
The Shareholders further agree that all required Government Approvals in respect of the adoption of the By-laws shall be a condition precedent to the capitalization of the Initial Cash Contributions and shall be obtained by the Corporation on or before February 27, 1998, Clause 3.2.2 of the USA being amended accordingly.