Examples of Approved Financing Plan in a sentence
As of the date of this Agreement, the County has approved the Approved Financing Plan set forth in Exhibit B.
Borrower shall submit any proposed or required amendments to the Approved Financing Plan, along with evidence that the changes to the Approved Financing Plan are reasonable and necessary, to the County for approval within fifteen (15) days of the date Borrower receives information indicating that actual costs of the Development materially vary or will vary from the costs shown on the Approved Financing Plan, which approval shall not be unreasonably withheld or delayed.
Obtain a copy of the grantee’s Assistance Agreement and Approved Financing Plan and Budget and determine the amount of grantee participation in the project, if any.
The Town will make best efforts to respond in writing within fifteen (15) days after receipt of a proposed amendment to the Approved Financing Plan.
Written consent of the County will be required to amend the Approved Financing Plan.
Grantee shall submit any proposed or required amendments to the Approved Financing Plan, along with evidence that the changes to the Approved Financing Plan are reasonable and necessary, to the Town for approval within fifteen (15) days of the date Grantee receives information indicating that actual costs of the Development materially vary or will vary from the costs shown on the Approved Financing Plan, which approval shall not be unreasonably withheld or delayed.
The Approved Financing Plan is attached as Exhibit B, and is incorporated herein by this reference.
Any Transfer creating a Security Financing Interest either: (A) permitted pursuant to the Approved Financing Plan; or (B) created as a result of a loan made to developer that replaces any existing Security Financing Interest (including a Senior Loan), so long as such replacement Security Financing Interest (including the Senior Loan) does not secure an obligation in excess of the then outstanding balance of the original principal amount of the replaced Security Financing Interest (including a Senior Loan).
The City's review of the updates to the Approved Financing Plan shall be limited to determining if the contemplated financing will be reasonably available, if the financing contemplated in the Approved Financing Plan would provide sufficient funds to undertake and complete construction of the Development, and determining if the updates to the Approved Financing Plan are consistent with the terms of this Agreement.
The County will make best efforts to respond in writing within seven (7) days after receipt of a proposed amendment to the Approved Financing Plan.