Examples of RD Loan 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 RD Loan Agreement to the same extent and on the same terms as any other General Partner.
If you cannot answer yes to this question you are not eligible for the R&D Loan scheme, please refer to the Ministerial Direction for information regarding eligibility.
Each Xxxxxx Mae Modified Loan (i) was modified in accordance with the Xxxxxx Xxx guide; (ii) with respect to (x) a FHA Loan, is fully insured by the FHA pursuant to a FHA Mortgage Insurance Certificate; (y) a VA Loan, is guaranteed by the VA pursuant to a VA Loan Guaranty Agreement and (z) a RD Loan, is guaranteed by the RD pursuant to a RD Loan Guaranty Agreement and (iii) conforms to the requirements of Xxxxxx Mae for securitization.
The Partnership shall fund, establish and maintain a reserve account in an amount required by the RD Loan Agreement which funds shall be used in accordance with RD Regulation 7 CFR Part 1930-C, or any successor thereof, as evidenced by the RD Loan Agreement.
No balloon payment of any third-party debt is allowed prior to the expiration of the minimum RD Loan Term (30 years for RRH transfers and 33 years for FLH); unless the Lender provides a written agreement, acceptable to the Agency, to extend the scheduled maturity on terms that do not require rents above CRCU through the term of the RD loan.
Costs for current software maintenance agreements are not included in the figures aboveA 12.
The R&D Loan Fund is not comprised, in any part, of moneys raised by taxation.
The Partnership shall fund, establish and maintain a reserve account in the amount that is the greater of $300 per unit per year or the amount required by the RD Loan Agreement, which funds shall be maintained and used in accordance with the requirements of the Replacement Reserve Agreement entered into between the Partnership and RD and RD Regulation 7 CFR Part 1930-C, or any successor thereof, as evidenced by the RD Loan Agreement.
Any incoming General Partner shall, as a condition of receiving a Partnership interest, agree to be bound by the Project Documents, and all of the other documents executed in connection with the RD Loan Agreement to the same extent and on the same terms as any other General Partner.
The Borrower shall maintain a minimum Tangible Balance Sheet-Equity equal to ten (10%) percent of total assets prior to issuance of the RD Loan Note Guarantee.