TIFIA Lender definition
Examples of TIFIA Lender in a sentence
The TIFIA Lender shall give the Borrower written notice of the appointment of any successor or additional Servicer and shall enumerate the duties or any change in duties to be performed by any Servicer.
No delay or omission of the TIFIA Lender to exercise any right or remedy provided hereunder upon a default of the Borrower (except a delay or omission pursuant to a written waiver) shall impair any such right or remedy or constitute a waiver of any such default or acquiescence therein.
Any references in this Agreement to the TIFIA Lender shall be deemed to be a reference to the Servicer with respect to any duties which the TIFIA Lender shall have delegated to such Servicer.
The TIFIA Lender shall not sell the TIFIA Loan at any time prior to the Substantial Completion Date.
To calculate the amount of the fee, the TIFIA Lender shall round the current year’s base amount using increments of $500.