USDA Guarantee definition

USDA Guarantee means a Rural Development Unconditional Guarantee (Form RD 4279-14) executed by the Guarantor.
USDA Guarantee means the Loan Note Guarantee (Form RD 5001-4) executed and delivered by the USDA to Lender, and guaranteeing 80% of the principal amount of the Loan issued and delivered to Lender at the time of Closing of the Loan.
USDA Guarantee and “LNG” means the Loan Note Guarantee (Form RD 4279-5) executed and delivered by USDA to Lender pursuant to the applicable Conditional Commitment for Guarantee and guaranteeing 80% of the principal of each Loan.

Examples of USDA Guarantee in a sentence

  • Current Commitment 6.1 On-going contractsThe total value of remaining works (based on certified IPC) for the ongoing contracts with the Authority, must not exceed KShs.

  • The same SEC rules as noted above apply in this situation, and the ADVISER employee acting as the solicitor may be required to register with one or more states as an investment adviser agent.

  • The Borrower shall have paid all fees and expenses in connection with the transactions contemplated by this Agreement and the USDA Approval including but not limited to any USDA Guarantee fees, appraisal fees, attorney fees, loan packaging/consulting fees, filing fees and any other fees or expenses related to the transactions contemplated in this Loan Agreement.

  • Which would enable prioritizing projects, while dealing with extensive environmental studies required for USDA Guarantee.

  • The Borrower shall have also paid the USDA Guarantee fee in the amount of SIXTY THOUSAND AND NO/100 DOLLARS ($60,000.00).

  • If the USDA Guarantee is not received by May 6, 2023, we will apply for an additional 90 day extension of the MapleMark Loans.

  • Borrower shall pay to Lender (for subsequent payment to the USDA) the following fees: (i) at Closing, a loan guarantee fee for the USDA Guarantee issued under the Section 9003 Program equal to [***] of the principal amount of guaranteed by the USDA Guarantees and (ii) an annual fee calculated by multiplying the outstanding Loan principal balance by the percent of guarantee provided under this program by the annual renewal fee rate which is [***].

  • The purpose of the Loan is to provide the necessary financing to repurpose and operate the Project - a $142,562,318 (estimated total project costs) existing diesel facility for the production of renewable diesel at a property located in the Reno-Tahoe Industrial Center (TRIC) - per the provisions of the Borrower’s application submitted to the USDA for issuance of the USDA Guarantee and submitted in response to the Notice of Solicitation of Applications, including any USDA approved amendments.

  • A USDA Guarantee Home Loan is a government insured loan, which is issued and serviced by a lender.

  • The Advancing Note bearing number ten (10) shall be designated as the “Unguaranteed Note” and shall not be subject to the USDA Guarantee (as defined in this Loan Agreement).


More Definitions of USDA Guarantee

USDA Guarantee shall have the meaning specified in Section 4.1(T).
USDA Guarantee means the guarantee by the USDA of payment of the Xxxxxx Loan.
USDA Guarantee means the guarantee by the USDA of payment of the Foster Loan.
USDA Guarantee means that certain Loan Note Guarantee of the United States of America acting through the USDA in the amount of ninety percent (90%) of the amount of the Note.

Related to USDA Guarantee

  • Bid guarantee means the bid bond, cashier's check or certified check submitted as part of the bid proposal, payable to the contracting unit, ensuring that the successful bidder will enter into a contract.

  • Guarantee used as a verb has a corresponding meaning.

  • Swap Guarantee If so specified in the Supplement with respect to any Series, the guarantee issued by the Swap Guarantor in favor of the Trust substantially in the form attached as an exhibit to the Swap Agreement.

  • Parent Guarantee means the guarantee by Parent Guarantor of the obligations of the Issuer under this Indenture and the Securities in accordance with the provisions of this Indenture.

  • Subsidiary Guarantee means any guarantee of the obligations of the Issuers under this Indenture and the Notes by any Subsidiary Guarantor in accordance with the provisions of this Indenture.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit D, made by the Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of the Lenders.

  • Canadian Guarantee means the Canadian Guarantee Agreement, made by each of the Canadian Guarantors in favor of the Canadian Administrative Agent for the benefit of the Lenders to the Canadian Borrower, substantially in the form of Exhibit A-1, as the same may be amended, supplemented or otherwise modified from time to time.

  • Permitted SBIC Guarantee means a guarantee by the Borrower of Indebtedness of an SBIC Subsidiary on the SBA’s then applicable form, provided that the recourse to the Borrower thereunder is expressly limited only to periods after the occurrence of an event or condition that is an impermissible change in the control of such SBIC Subsidiary (it being understood that, as provided in clause (s) of Article VII, it shall be an Event of Default hereunder if any such event or condition giving rise to such recourse occurs).

  • Guaranty means, with respect to any Person, any obligation (except the endorsement in the ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly, including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person:

  • Subsidiary Guaranty Agreement means each unconditional guaranty agreement executed by the Subsidiary Guarantors in favor of the Administrative Agent for the ratable benefit of the Secured Parties, substantially in the form of Exhibit H, as amended, restated, supplemented or otherwise modified from time to time.

  • Capital Securities Guarantee means the guarantee agreement that the Company enters into with Wilmington Trust Company, as guarantee trustee, or other Persons that operates directly or indirectly for the benefit of holders of Capital Securities of the Trust.

  • Loan guarantee means any State or federal government

  • Corporate Guarantee means a guarantee of the obligations of the Borrowers under this Agreement and the other Finance Documents to which each Borrower is a party, in the Agreed Form;

  • Note Guarantee means the Guarantee by each Guarantor of the Company’s obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture.

  • Financial guarantee means a performance bond, maintenance bond, surety bond, irrevocable letter of credit, or similar guarantees submitted to the [administering authority] by the responsible party to assure that requirements of the ordinance are carried out in compliance with the storm water management plan.

  • Subsidiary Guaranty is defined in Section 9.7(a).

  • Guarantee Agreement means this Guarantee Agreement, as modified, amended or supplemented from time to time.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Limited Guarantee has the meaning set forth in the Recitals.

  • Securities Guarantee means each guarantee of the obligations of the Company under this Indenture and the Securities by a Guarantor in accordance with the provisions hereof.

  • Preferred Securities Guarantee means any guarantee that the Company may enter into with the Trustee or other Persons that operates directly or indirectly for the benefit of holders of Preferred Securities.

  • Consumer Guarantee means a right or guarantee the Customer may have under the Australian Consumer Law or other rights in relation to the supply of goods or services (such as terms implied into a contract) that cannot lawfully be excluded.

  • Subsidiaries Guaranty shall have the meaning provided in Section 6.10.

  • Common Securities Guarantee means the guarantee agreement to be dated as of [ ] of the Sponsor in respect of the Common Securities.

  • guarantee contract means a contract entered into by a person as guarantor;

  • U.S. Guaranty means the guarantee of the Obligations of each Loan Party hereunder by the U.S. Loan Parties in Article III hereunder or in a supplemental guarantee in accordance with Section 7.01(n) of this Agreement.