Examples of TIFIA Interest Rate in a sentence
Upon a partial prepayment of the principal of the TIFIA Loan, the remaining debt service payments hereunder will be recalculated on a pro rata basis to be an amount sufficient to amortize the remaining Outstanding TIFIA Loan Balance at the TIFIA Interest Rate over the period ending by no later than the Final Maturity Date and the resulting debt service payments will be reflected in a revised Exhibit G.
The Borrower shall fail to redeem any Interim Construction Financing within one hundred twenty (120) days (or such other number of days as the TIFIA Lender may agree to in writing) after the date on which the interest rate on such Interim Construction Financing exceeds the TIFIA Interest Rate.