Examples of Secondary Loan in a sentence
Secondary Loan maturities shall not exceed the corresponding Bond or Bond Loan maturity date.
Applicants should become familiar with the published Secondary Loan Requirements.
The Secondary Loan Requirements are found on the CDFI Fund’s website at www.cdfifund.gov.
Pursuant to the Paperwork Reduction Act, the Qualified Issuer Application, the Guarantee Application, and the Secondary Loan Requirements have been assigned the following control number: 1559–0044.
In accordance with the Regulations, Eligible CDFIs must finance or refinance Secondary Loans for Eligible Purposes (not including loan loss reserves) that comply with Secondary Loan Requirements.
Pursuant to the Paperwork Reduction Act, the Qualified Issuer Application, the Guarantee Application, and the Secondary Loan Requirements have been assigned the following control number: 1559-0044.
The Qualified Issuer and the Guarantor will reserve certain rights to enforce (or direct enforce- ment of) remedies upon an event of de- fault under the Secondary Loan docu- ments.§ 1808.619 Reporting requirements.The Bond Documents and Bond Loan documents shall specify such moni- toring and financial reporting require- ments as deemed appropriate by the CDFI Fund including, but not limited to the following:(a) Data—General.
Secondary Loans shall amortize as de- termined by the Eligible CDFI; pro- vided that Secondary Loan amortiza- tion installments shall conform to the requirements of the applicable Sec- ondary Loan Requirements.
The Eligible CDFI must also at- test that the Secondary Loan conforms to the requirements set forth in the ap- plicable Secondary Loan Require- ments.
As Secondary Loans are repaid, the Eligi- ble CDFI may, through the Relending Fund, Refinance and substitute as col- lateral for the Bond Loan other loan(s) for Eligible Purposes that meet the re- quired Secondary Loan Requirements, provided that the Eligible CDFI makes Bond Loan payments as required.