Owner Equity definition

Owner Equity means funds provided by Owner for payment of Rehabilitation Costs and shall not include the Senior Loan, the Agency Loan, the Housing Commission Loan or any other borrowed funds, and shall include the Investor Partner Capital Contribution (i.e., Owner Equity provided from the sale of the Low Income Housing Tax Credits) as well as any other funds of Owner.

Owner Equity means the Total Project Costs plus the Cash Collateral, less the amount of the Loan. Of the Owner Equity, $15,640,520.00 shall be “first in” cash of Borrower, including amounts already incurred by Borrower for acquisition of the Premises and Project Costs already incurred by Borrower as described in Section 5.25.

Owner Equity means the total Project Costs, less the amount of the Loan.

Examples of Owner Equity in a sentence

• The institution must have assets exceeding $10 million or have originated 100 or more home purchases in the preceding calendar year.In addition to reporting race and ethnicity data for loan applicants, the HMDA reporting requirements were modified in response to the Predatory Lending Consumer Protection Act of 2002 as well as the Home Owner Equity Protection Act (HOEPA).

• Attach Separate Sheet if Necessary)Amount Conventional Debt (Lending Institution) $ Owner Equity $ Low Income Housing Tax Credits $ Local/State Govt.

• Type of financing: Deferred Developer Fee, Owner Equity, Capital Reserves, Reserves, etc.

• In addition to reporting race and ethnicity data for loan applicants, the HMDA reporting requirements were modified in response to the Predatory Lending Consumer Protection Act of 2002 as well as the Home Owner Equity Protection Act (HOEPA).

• Attach Separate Sheet if Necessary)Amount Conventional Debt (Lending Institution) $Owner Equity $Low Income Housing Tax Credits $Local/State Govt.

More Definitions of Owner Equity

Owner Equity means funds provided by Owner for payment of Acquisition and Development Costs and shall not include the Senior Loan, the City Loan, the Housing Commission Loan, or any other borrowed funds.

Owner Equity means the total Construction Costs less the amount of the Loan.

Owner Equity. Cash monies in an amount of [$2,220,302] to be supplied to the Disbursing Agent by the Borrower. The balance of the equity will be used to pay off the Bank Loan, pay developer fee, or fund reserves which will not be governed by this Agreement.

Owner Equity means the following amounts in the aggregate for Ginatta: (i) $1,550,000, following the First Payment upon the Closing, or (ii) $1,100,000, following the Second Payment upon the exercise of the Option.

Owner Equity has the meaning set forth in the Purchase Agreement.

Owner Equity. The ratio of Tangible Assets less Total Liabilities ------------ of the Company divided by tangible assets.

Owner Equity means the total Construction Costs plus the amount of any cost overruns or change orders increasing Construction Costs and not accounted for by a re- allocation approved by Lender among line items of the Construction Budget, less the amount of the Loan.