Tax Credit Investor Equity definition

Tax Credit Investor Equity has the meaning set forth in Section 1(d)(ii).
Sample 1Sample 2
Tax Credit Investor Equity has the meaning set forth in Section 1.1(cc)(4). (ttt) "TCAC" means the California Tax Credit Allocation Committee.
Sample 1
Tax Credit Investor Equity has the meaning set forth in Section 1.1(j)(vi).
Sample 1

Examples of Tax Credit Investor Equity in a sentence

  • Tax Credit Investor Equity$ 2,303,29548%Total Sources$ 4,899,295 Usesd.

  • Subject to the rights of Senior Lenders, and to the extent of additional subordinate loan proceeds, equity or surplus development sources following the Final Cost Certification, no later than ten (10) days after the date Borrower receives its final Tax Credit Investor Equity contribution, Borrower shall pay to the County one-hundred percent (100%) of the Net Excess Proceeds, as a special repayment of the Loan.

  • Subject to the rights of Senior Lenders, and to the extent of additional subordinate loan proceeds, equity or surplus development sources following the Final Cost Certification, no later than ten (10) days after the date Borrower receives its final Tax Credit Investor Equity contribution, Borrower may use one- hundred percent (100%) of the Net Excess Proceeds, to pay down the HTSV Loan.

  • The Developer intends to utilize Tax Credit Investor Equity to partially finance the Development, which are subject to a competitive application process implemented by TCAC.


More Definitions of Tax Credit Investor Equity

Tax Credit Investor Equity has the meaning set forth in Section 1(d)(ii). (ppp) "Terrace Xxxx Improvements" has the meaning set forth in Paragraph B of
Sample 1Sample 2

Related to Tax Credit Investor Equity

  • Revolving Loan Commitment Percentage means, as to any Lender, (a) on the Closing Date, the percentage set forth opposite such Lender’s name on the Commitment Annex under the column “Revolving Loan Commitment Percentage” (if such Lender’s name is not so set forth thereon, then, on the Closing Date, such percentage for such Lender shall be deemed to be zero), and (b) on any date following the Closing Date, the percentage equal to the Revolving Loan Commitment Amount of such Lender on such date divided by the Revolving Loan Commitment on such date.

  • Revolving Commitment Percentage means, for each Lender, a fraction (expressed as a decimal) the numerator of which is the Revolving Commitment of such Lender at such time and the denominator of which is the Aggregate Revolving Committed Amount at such time. The initial Revolving Commitment Percentages are set out on Schedule 2.1(a).

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • Revolving Credit Commitment Percentage means, as to any Revolving Credit Lender at any time, the ratio of (a) the amount of the Revolving Credit Commitment of such Revolving Credit Lender to (b) the Revolving Credit Commitment of all the Revolving Credit Lenders.

  • Revolving Credit Lenders means the financial institutions from time to time parties hereto as lenders of the Revolving Credit.

  • Term Loan Commitment Percentage means, for any Term Loan Lender, the percentage identified as its Term Loan Commitment Percentage in its Lender Commitment Letter, or in the Assignment and Assumption pursuant to which such Lender became a Lender hereunder, as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 9.6(b).

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.

  • Revolving Credit Commitment Period the period from and including the Closing Date to the Revolving Credit Termination Date.

  • Revolving Commitment Period the period from and including the Closing Date to the Revolving Termination Date.