WIFIA Loan definition

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

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WIFIA Loan means the secured loan made by the ▇▇▇▇▇ ▇▇▇▇▇▇ to the Borrower on the terms and conditions set forth herein, in the WIFIA Master Agreement and in the WIFIA Bond, pursuant to the Act, in a principal amount not to exceed $476,581,587 (excluding capitalized interest), to be used in respect of Eligible Project Costs with respect to the Project.

WIFIA Loan means the secured loan made by the WIFIA Lender to the Borrower on the terms and conditions set forth herein, pursuant to the Act, in a principal amount not to exceed the Maximum Principal Amount, the proceeds of which shall be applied to pay Eligible Project Costs.

Examples of WIFIA Loan in a sentence

This Agreement, together with the other WIFIA Loan Documents, constitutes the entire contract between the parties relating to the subject matter hereof and supersedes any and all previous agreements and understandings, oral or written, relating to the subject matter hereof.
The amount of the WIFIA Loan, when combined with all other funds committed for the development and construction of the Project as set forth under the various sources of funds in the Project Budget, will be sufficient to carry out the Project, pay all Total Project Costs anticipated for the development and construction of the Project and achieve Substantial Completion by the Projected Substantial Completion Date.
The representations and warranties set out in Section 12 (Representations and Warranties of Borrower) of the WIFIA Master Agreement shall be made on the WIFIA Loan Agreement Effective Date and as of each date on which any disbursement of the WIFIA Loan is requested or made, except as otherwise expressly provided in Section 12 of the WIFIA Master Agreement.
The term of each WIFIA Loan shall extend from the applicable WIFIA Loan Agreement Effective Date to the Final Maturity Date of such WIFIA Loan or to such earlier date as all amounts due or to become due to the WIFIA Lender under such WIFIA Loan Agreement have been irrevocably paid in full in immediately available funds.
The Borrower is not in breach of any covenant set forth in Section 15(a) (Affirmative Covenants of the Borrower – Securing Liens) or in any other WIFIA Loan Document to which the Borrower is a party with respect to the matters described in Section 15(a) (Affirmative Covenants of the Borrower – Securing Liens).
The term of the WIFIA Loan shall extend from the Effective Date to the Final Maturity Date or to such earlier date as all amounts due or to become due to the WIFIA Lender hereunder have been irrevocably paid in full in immediately available funds.
The WIFIA Lender shall not sell any WIFIA Loan at any time prior to the Substantial Completion Date of the Project relating to such WIFIA Loan.
This Agreement shall be effective on the WIFIA Loan Agreement Effective Date.
If such funds have not been so paid on the prepayment date, such principal amount of such WIFIA Loan shall continue to bear interest until payment thereof at the rate provided in the applicable WIFIA Loan Agreement.
The Borrower shall use accounting, audit and fiscal procedures conforming to GAAP, including, with respect to the WIFIA Loan, accounting of principal and interest payments, disbursements, prepayments and calculation of interest and principal amounts Outstanding.

More Definitions of WIFIA Loan

WIFIA Loan has, for each WIFIA Loan Agreement, the meaning provided in Section 1 (Definitions) thereof.

WIFIA Loan means the secured loan made by the WIFIA Lender to the Borrower on the terms and conditions set forth in the WIFIA Loan Agreement.

WIFIA Loan means the secured loan made by the WIFIA Lender to the Borrower on the terms and conditions set forth herein, pursuant to the Act, in a principal amount not to exceed [$268,721,668] (excluding capitalized interest), to be used in respect of Eligible Project Costs paid or incurred by the Borrower.

WIFIA Loan has the meaning ascribed to such term in the recitals hereto.

WIFIA Loan means the loan made by the WIFIA Lender to the City

WIFIA Loan means any loan, note, bond, agreement, or other form of indebtedness issued pursuant to any WIFIA entered into by and between the Agency and the United States Environmental Protection Agency, acting by and through the Administrator of the Environmental Protection Agency (as may be amended, modified or supplemented from time to time.