Examples of Second Funding Agreement in a sentence
CFD 2006–1 proceeds would be used to fund ongoing costs of the Levee Improvement Program pursuant to the details outlined in the Second Funding Agreement.
The CFD 2006–2 bond proceeds would be used to reimburse the previously advanced costs of the Levee Improvement Program and Yuba County (County) Capital Facilities Fees funded through prior agreements entered into by certain landowners, the County, and TRLIA before the execution of the Second Agreement for Advanced Funding and Reimbursement of Costs for Levee Improvement (Second Funding Agreement).
Developer shall provide, at no cost to all new residents (including the initial sale by the Developer and all subsequent resales) of homes constructed by such Developer within the Affected Area (as defined in the Second Funding Agreement) since 2003 (i.e., homes for which building permits were issued from and after January 1, 2003), flood insurance and renewals of flood insurance only through the Completion of the Levee or until December 31, 2010 (whichever occurs first).
Adopt resolution approving proposal to amend second agreement for advanced funding and reimbursement of costs for levee improvements, approving Term Sheet for First Amendment to Second Funding Agreement, and directing staff to continue working with county and participating landowners in connection with financing plan and preparation of amendment and submittal of financial plan.
Credit for Special Tax Revenues for later FY's will be handled separately.[2] Includes funding to be received through December 2008 from Axel Karlshoej.[3] Funding received through the Second Funding Agreement from Lakemont Homes for the Feather Glen project, $580,463, has been allocated proportionately to each Phase on an acreage basis.
All obligations, rights and duties set forth in the Second Funding Agreement that apply to the County, TRLIA and Developer are hereby superseded by this Development Agreement.
Section 1.2.3. To the extent that the Developer is developing multiple projects which were subject to the Second Funding Agreement and one project has advanced funded Levee Fees in excess of its total obligation and is due reimbursement, that reimbursement may be applied and added to the credit of any of Developer's other projects that will have a remaining obligation to pay Levee Fees.
Vast Solar and AgCentral are parties to a Funding Agreement dated on or about 19 February 2016 (First Funding Agreement), pursuant to which Vast Solar issued Convertible Notes No 3 and a Funding Agreement on 23 November 2017 (Second Funding Agreement), pursuant to which Vast Solar issued Convertible Notes No 4.
At the time of the execution of the Second Funding Agreement, the anticipated levee improvements included strengthening in place improvements to the existing left (east) Feather River levee from the Bear River Setback levee to the Yuba River, however, a Feather River setback levee from Star Bend to Shanghai Bend (the "Feather River Setback Levee") was contemplated.
Exhibit B of the Second Funding Agreement is hereby deleted in its entirety and replaced with Exhibit A attached hereto and the Allocated Loan Amount shall be in the amounts set forth in the schedule Exhibit A attached hereto and incorporated herein.