Examples of Take-Out Financing in a sentence
This protein is similar to the native EPSPS in maize, but it is not inhibited by glyphosate thus allowing the crop to be protected from the recommended dosages of glyphosate (Green 2009; Dill et al.
Xxxxxx agrees to enter into with the applicable grantor(s)/lender(s) of such Take-Out Financing Arrangements and Borrower an intercreditor agreement in connection with the closing of each Take-Out Financing Arrangement which shall be in form and substance satisfactory to Lender in all respects and, inter alia, shall not require the release of the Mortgage prior to payment in full in cash of all Obligations (each an “Intercreditor Agreement”).
The City is (and covenants to remain) in compliance with the requirements and conditions set forth in the Letter of Conditions, and will perform as necessary to ensure that the requisite Take-Out Financing is consummated by the City and USDA as intended herein and in the Letter of Conditions.
Once operating, the organization is wholly responsible for the collection of rent, resident relations, building maintenance, community relations, and capital planning.Funding Available: Capital Grant: up to $100,000 per housing unit (secured by a 35-year forgivable loan) Interim Construction /Take-Out Financing: up to 100% of construction cost Operating Subsidy: Limited is available.
Immediately upon receipt by any Borrower SPV of the proceeds of any Permitted Take-Out Financing, such proceeds shall be applied to pay 100 per cent.