Secondary loan definition
Secondary loan means a housing loan under s. 45.352, 1971 Stats., or s. 45.80, 1989 Stats.
Secondary loan means the use of Bond Loan proceeds by an Eligible CDFI to finance or Refinance a loan to a Secondary Borrower for Eligible Purposes, which meets the applicable Secondary Loan Requirements.
Secondary loan shall have the meaning given to such term in Section 9.21(b).
More Definitions of Secondary loan
Secondary loan means the use of Bond Loan proceeds by the Borrower to finance a loan to a Secondary Borrower for Eligible Purposes, which meets the applicable Secondary Loan Requirements.
Secondary loan means the use of Bond Loan proceeds by the Eligible CDFI to finance a loan to a Secondary Borrower for Eligible Purposes, which meets the applicable Secondary Loan Requirements. The Secondary Loans, as of any date, shall be such loans as are set forth in an Itemization of Collateral in effect as of such date, accompanied by a Certification of Collateral, including delivery of the related promissory notes.
Secondary loan means the use of Bond Loan proceeds by the Eligible CDFI to finance or Refinance a loan to a Secondary Borrower for Eligible Purposes, which meets the applicable Secondary Loan Requirements.
Secondary loan and “Secondary Loans” shall have the meaning assigned in Section 2.1(b).
Secondary loan means that certain subordinate financing to the Partnership from the City in the original principal amount of $1,900,000.