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Reservation Letter definition

Reservation Letter or “Reservation” means a document issued by MFA which describes the amount of Credits provisionally awarded to a Project and the conditions which the Project Owner must meet in order to obtain a Binding Commitment for Tax Credits.
Reservation Letter means the letter from the Authority to an Owner conditionally binding the Authority to make an Allocation of Tax Credits in a specific amount for that Owner’s Project.
Reservation Letter means the written documentation from the Authority to an Owner

Examples of Reservation Letter in a sentence

  • Proof of Project Milestone documentation must then be submitted within 240 days of the date the Conditional Reservation Letter.

  • For Public Entities not issuing an RFP, alternative documentation such as an executed letter of intent to engage with a contractor on the Host Customer letterhead, an executed contract/agreement for system installation/lease, an equipment purchase order, or alternate system ownership agreement must instead be submitted within 90 calendar days of the date the Conditional Reservation Letter.

  • Successful Applicants will be notified of MFA’s allocation decision in the form of a Reservation Letter.

  • For Public Entities not issuing an RFP, alternative documentation such as an executed letter of intent to engage with a contractor on the Host Customer letterhead, an executed contract/agreement for system installation/lease, an equipment purchase order, or alternate system ownership agreement must instead be submitted within 60 calendar days of the date the Conditional Reservation Letter.

  • Beginning with issuance of the Reservation Contract and Reservation Letter by MFA and during the entire term of the Compliance and Extended Use Periods, MFA reserves the right, under the provisions of the Code, the Project’s LURA, and in accordance with its inherent discretion, to perform an audit or other related procedures of any Project that has received an allocation of tax credits.


More Definitions of Reservation Letter

Reservation Letter shall have the meaning ascribed to such term in Section 8.2(u). “Reserve Percentage” shall have the meaning ascribed to such term in the Note.
Reservation Letter means a reservation letter issued by
Reservation Letter means the letter from the Authority to an Owner conditionally
Reservation Letter means the letter dated , issued by Lender to Borrower and approving the Loan.
Reservation Letter means the Letter of Offer dated issued by the Vendor to the Purchaser and accepted by the Purchaser in respect of the transaction contemplated herein;
Reservation Letter has the meaning ascribed to such term in Section 8.2(o) of this Agreement.
Reservation Letter means the letter from the Authority to an