Planning loan definition

Planning loan means an assistance agreement to perform the initial planning and administration for a project. The deliverable for this loan shall be a planning document or a sewer system evaluation study. The requirements for the planning document are described in subsection 62-503.700(2), F.A.C. A planning loan shall not be used to acquire any interest in real property.
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Planning loan means a loan to cover the cost of studies, planning, and preliminary engineering for a project.
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Examples of Planning loan in a sentence

  • The existing CWSRF loans must have at least 10 years term remaining except where a Planning loan is combined with a Construction loan.

  • He also confesses or witnesses within us and to us that Jesus is God come in the flesh (1 Jn 4:2; John 1:1, 14; 20:26-29; Phil 2:5-8).

  • These loans, along with a $14 million Conveyance Planning loan, have a five- year look-forward debt coverage test covenant, unique to these SRF loans.

  • Check SDWSRF website for current SDWSRF loan interest rate and statewide MHI.) The methodology and calculations for determining the cost impact of the Planning loan should be shown on the Planning application.

  • Planning loan amendment application still pending and the DWSRF construction priority list has been submitted.• Meter Station & Blue Siren Data ~ Water usage chart was explained.

Related to Planning loan

  • Existing Loan means the loan identified on Exhibit H.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Initial Revolving Loan means a Revolving Facility Loan made (i) pursuant to the Revolving Facility Commitments in effect on the Closing Date (as the same may be amended from time to time in accordance with this Agreement) or (ii) pursuant to any Incremental Revolving Facility Commitment on the same terms as the Revolving Facility Loans referred to in clause (i) of this definition.

  • PPP Loan means the loan in principal amount of $673,184 issued to the Company by the PPP Lender pursuant to the promissory note dated April 20, 2020.

  • Refund anticipation loan means an extension of credit to a taxpayer that a person arranges to be repaid directly from the proceeds of the taxpayer's federal or state personal income tax refund.

  • Property tax increment means the amount obtained by:

  • Extended Loan shall have the meaning assigned to such term in Section 2.26(a).

  • Qualifying Loans has the meaning specified in Section 2.05(d)(iv).

  • Commercial loan means a loan that is not made primarily for

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Incremental property taxes means the taxes as provided in Iowa Code sections 403.19 and 260E.4. “Industry” means a business engaged in interstate or intrastate commerce for the purpose of manufacturing, processing, or assembling products, conducting research and development, or providing services in interstate commerce, but excludes retail, health, or professional services. An industry is a business engaged in activities described as eligible in the Act rather than the generic definition encompassing all businesses in the state doing the same activities. An industry is considered to be a single, corporate entity or operating subdivision. An industry which closes or substantially reduces its operation in one area of the state of Iowa and relocates substantially the same operation in another area of the state is not eligible for a project. This definition does not prohibit a business from expanding its operations in another area of the state provided that existing operations of a similar nature are not

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Refinancing Loan has the meaning specified in Section 2.15(b).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • CD Loan means a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Incremental Operating Costs means the incremental expenses incurred by the Recipient’s implementing agencies on account of Project implementation, management, and monitoring, including office space rental, utilities, and supplies, bank charges, communications, advertising, vehicle operation, maintenance, and insurance, building and equipment maintenance costs, travel and supervision costs, and salaries of supporting staff, but excluding salaries of officials of the Recipient’s civil service.

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Loan is defined in Section 2.1.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.