Examples of Permanent Loan Agreement in a sentence
The Bonds may be redeemed on any Business Date after, but not prior to the tenth (10th) anniversary of the Conversion Date, subject to the payment of any Prepayment Fee due in connection with such redemption, in accordance with the applicable terms of the Permanent Loan Agreement.
All disbursements from the Bond Loan Account of the Project Fund will be made by the Trustee directly to the Borrower by deposit into a designated account of Borrower located at the Construction Lender, as provided for in the Construction Loan and Permanent Loan Agreement, as and when provided for in the Conversion Agreement, and shall not be made more frequently than once per month, unless approved by the Construction Lender, in its sole discretion.
A household as defined in the NLRP Permanent Loan Agreement that occupies a residential housing unit within a Qualified Project.
The maximum Affordable Rents (as defined in the NLRP Permanent Loan Agreement) that may be paid by a Qualified Household during the Affordability Period.
This is a dispute about whether Army Aviation, a credit union, can apply the sale proceeds from collateral (the Rodeo) pledged by the Yelvertons under a July 2000 agreement to a debt arising under an earlier, March 2000 agreement.Specifically, on March 31, 2000, Gladys Yelverton signed a Loan Application and Permanent Loan Agreement (“the March agreement”) with Army Aviation.
CRA/LA participation includes the contribution of $1.5 million to Skid Row Housing Trust for their Charles Cobb and Abbey projects by the developer of the 8th & Grand mixed-use project in association with the Owner Participation Agreement approved by the CRA/LA Board on June 15, 2006, as well as a$900,000 Construction and Permanent Loan Agreement authorized by the CRA/LA Board on January 15, 2009.
Capitalized terms not otherwise defined herein shall have the meaning given to such terms in the NLRP Permanent Loan Agreement or the NLRP Mortgage.
Except as otherwise defined in this Article 1.1, capitalized terms used but not defined herein shall have the meanings assigned to them in the RRDP Permanent Loan Agreement.
When the enforcement of a restraint is sought two contractual values come into play: the principle of sanctity of contract (pacta sunt servanda) which holds the maintenance of agreements freely entered into, including limitations of future economic activity, as paramount, and the principle of freedom of trade which stresses the right of an individual to engage without restriction in economic activity.
CRA/LA participation includes the conversion of the$2,136,000 balance on the existing Leo Hotel loan to a new Permanent Loan Agreement authorized by the CRA/LA Board in October 2008.