Tenant Transition Fund definition

Tenant Transition Fund means the tenant transition fund reserve account established pursuant to the provisions of Section 8.18(b) of this Agreement.
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Examples of Tenant Transition Fund in a sentence

  • The Partnership shall establish the Tenant Transition Fund as a separate, interest bearing account with a financial institution acceptable to the Lender and BCTC 94, Inc.

  • Withdrawals from the Tenant Transition Fund shall be made only with the consent, or upon the direction, of the Lender; provided, however, if such consent of the Lender is not required, such withdrawals may be made only with the Consent, or upon the direction, of the General Partner and BCTC 94, Inc.

  • All interest earnings on funds on deposit in the Tenant Transition Fund shall be retained therein for the aforesaid purposes.

  • In the event of any shortfall in the funding of such account at the time of the Third Installment, the General Partner shall provide such funds to the Partnership as shall be necessary to eliminate such shortfall in the form of a loan to the Partnership (the "Tenant Transition Fund Loan").

  • Funds in the Tenant Transition Fund are intended to be employed solely for the payment of Operating Deficits (including, without limitation, debt service, taxes and insurance), unless otherwise released from escrow by the Lender with the Consent of BCTC 94, Inc.

  • In no event will deductions in determining Cash Flow pursuant to clauses (i) and (ii) above include payments made on account of: the Asset Management Fee, amounts due on any Subordinated Loans, the Incentive Partnership Management Fee, the subsequent annual funding of the Tenant Transition Fund, the Deferred Development Fee and/or any Cash Flow only interest payments on the Preservation Loan.

  • The President shall appoint all members of the Disciplinary Committee.

  • The Partnership shall make subsequent deposits from Cash Flow into the Tenant Transition Fund equal to $10,000 annually commencing in 1998 and continuing through 2012.

  • The Partnership shall make subsequent deposits from Cash Flow into the Tenant Transition Fund equal to $10,000 annually commencing in 1998 and continuing through 2003.

  • In the event of any shortfall in the funding of such account at the time of the Third Installment, the General Partner shall provide such funds to the Partnership as shall be necessary to eliminate such shortfall in the form of a loan to thePartnership (the "Tenant Transition Fund Loan").

Related to Tenant Transition Fund

  • Bondable transition property means the property consisting of

  • Basic generation service transition costs means the amount by

  • Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

  • Project Fund means the fund required to be established by this Resolution for the deposit of the proceeds of the Bonds.

  • Non-recourse Project Financing means any Indebtedness incurred in connection with the financing of all or part of the costs of the acquisition, construction or development of any project, provided that: (i) any Security Interest given by the Bank or the relevant Subsidiary is limited solely to assets of the project; (ii) the Person or Persons providing such financing expressly agrees to limit their recourse to the project financed and the revenues derived from such project as the principal source of repayment for the moneys advanced; and (iii) there is no other recourse to the Bank or the relevant Subsidiary in respect of any default by any Person under the financing; and

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Transition Property means the property right created by a financing order, including without

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • Contractor-acquired property means property acquired, fabricated, or otherwise provided by the Contractor for performing a contract, and to which the Government has title.

  • Debt Service Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Project Funds means all moneys disbursed to the Recipient by the State Water Board for eligible Project Costs pursuant to this Agreement.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Qualified Project Costs shall have the meaning given to it in the Regulatory Agreement.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.

  • Project Facility means facility being one or more of the following facilities as specified in the Special Conditions of Contract, being developed in accordance with the Project and the Detailed Project Implementation Report and includes all its buildings, equipment, facilities, software and systems and includes without limitation, where the circumstances so require, any expansion thereof from time to time and may include any new location to be separately mentioned in the Special Conditions of Contract.

  • Capital Improvements mean the purchase, renovation, rehabilitation, or construction of permanent land, buildings, structures, equipment and furnishings used directly for or in the Project, and any goods or services for the Project that are purchased and capitalized under GAAP, including any organizational costs and research and development costs incurred in Illinois. Capitalized lease costs for land, buildings, structures or equipment shall be included in “Capital Improvements” only if the lease term, including any extensions or options to extend, equals or exceeds the term of this Agreement, and provided that such lease costs are valued at their present value using the corporate interest rate prevailing at the time the Company filed its Application with the Department.

  • Capital Improvement or "Capital Improvement Project" means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities of Local Subdivisions, including real property, interests in real property, and facilities and equipment of Local Subdivisions related or incidental thereto.

  • Acquisition Fund means any company formed with the intent to offer securities to the public and use the proceeds to consummate one or more Business Combinations which are unspecified at the time of the securities offering.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit L, with such amendments, modifications or supplements thereto as may be approved by the Administrative Agent.

  • Tenant’s Work means all improvements, alterations, fixture, equipment, and signage installation, and furniture placement necessary or appropriate for the conduct of the Permitted Use, including all work described as Tenant’s Work on Exhibit D, attached (the “Work Letter”).

  • Service Transfer Date means the date of a Service Transfer;

  • Permitted Special Servicer/Affiliate Fees Any commercially reasonable treasury management fees, banking fees, title insurance and/or other insurance commissions and fees, title agency fees, and appraisal review fees received or retained by the Special Servicer or any of its Affiliates in connection with any services performed by such party with respect to any Serviced Loan or REO Property, in each case, in accordance with Article III of this Agreement.