TIFIA Loan definition

TIFIA Loan means the secured loan made by the TIFIA Lender to the Borrower on the terms and conditions set forth herein, pursuant to the Act, in a principal amount not to exceed $[104,900,000] (excluding capitalized interest), to be used in respect of Eligible Project Costs paid or incurred by or on behalf of the Borrower.

TIFIA Loan has the meaning assigned to it in the Collateral Agency Agreement. “TIFIA Loan Agreement” has the meaning assigned to it in the Collateral Agency Agreement.

TIFIA Loan means the secured loan made by the TIFIA Lender to the Borrower on the terms and conditions set forth herein, pursuant to the Act, in a principal amount not to exceed$537,484,439 (excluding capitalized interest), to be used in respect of Eligible Project Costs paid or incurred by or on behalf of the Borrower.

Examples of TIFIA Loan in a sentence

• The Borrower is not, and after applying the proceeds of the TIFIA Loan will not be, required to register as an “investment company” within the meaning of the Investment Company Act of 1940, as amended, and is not “controlled” by a company required to register as an “investment company” under the Investment Company Act of 1940, as amended.

• No payment of the principal of or interest on the TIFIA Loan is required to be made during the Capitalized Interest Period.

• The TIFIA Lender shall not sell the TIFIA Loan at any time prior to the Substantial Completion Date.

• The Borrower shall use accounting, audit and fiscal procedures conforming to GAAP, including, with respect to the TIFIA Loan, accounting of principal and interest payments, disbursements, prepayments and calculation of interest and principal amounts outstanding.

• To the extent permitted by applicable law, the Borrower shall not assert, and hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any of the other Related Documents, the TIFIA Loan and the other transactions contemplated hereby and thereby, or the use of the proceeds thereof.

More Definitions of TIFIA Loan

TIFIA Loan means any secured loan made to the I-Bank, in its capacity as administrator of the SIB, by the USDOT pursuant to a TIFIA Loan Agreement in accordance with 23 U.S.C. §§ 602 and 603.

TIFIA Loan has the meaning specified in the recitals to this Agreement.

TIFIA Loan means the loan made pursuant to the TIFIA Loan Agreement.

TIFIA Loan means the secured loan made by the TIFIA Lender to the Borrower on the terms and conditions set forth herein, pursuant to the Act, in a principal amount not to exceed

TIFIA Loan means the loan or credit support provided pursuant to a TIFIA Loan Agreement.

TIFIA Loan means any loan from the TIFIA Lender to the Transportation Enterprise with respect to the Project made pursuant to the Transportation Infrastructure Finance and Innovation Act.

TIFIA Loan means the loan made to the Authority by the TIFIA Lender pursuant to the TIFIA Loan Agreement and secured by the Trust Estate.