TIFIA Loan definition

TIFIA Loan means the secured loan made by the TIFIA Lender to the Borrower on the terms and conditions set forth herein, pursuant to the Act, in a principal amount not to exceed $[104,900,000] (excluding capitalized interest), to be used in respect of Eligible Project Costs paid or incurred by or on behalf of the Borrower.
TIFIA Loan has the meaning assigned to it in the Collateral Agency Agreement. “TIFIA Loan Agreement” has the meaning assigned to it in the Collateral Agency Agreement.
TIFIA Loan means the secured loan made by the TIFIA Lender to the Borrower on the terms and conditions set forth herein, pursuant to the Act, in a principal amount not to exceed$537,484,439 (excluding capitalized interest), to be used in respect of Eligible Project Costs paid or incurred by or on behalf of the Borrower.

Examples of TIFIA Loan in a sentence

  • No payment of the principal of or interest on the TIFIA Loan is required to be made during the Capitalized Interest Period.

  • The Borrower is not, and after applying the proceeds of the TIFIA Loan will not be, required to register as an “investment company” within the meaning of the Investment Company Act of 1940, as amended, and is not “controlled” by a company required to register as an “investment company” under the Investment Company Act of 1940, as amended.

  • The TIFIA Loan Agreement has been terminated and no Junior Lien Bonds remain outstanding.

  • Each prepayment of the TIFIA Loan shall be made on such date and in such principal amount as shall be specified by the Borrower in a written notice delivered to the TIFIA Lender.

  • The TIFIA Lender shall not sell the TIFIA Loan at any time prior to the Substantial Completion Date.


More Definitions of TIFIA Loan

TIFIA Loan has the meaning specified in the recitals to this Agreement.
TIFIA Loan means any secured loan made to the I-Bank, in its capacity as administrator of the SIB, by the USDOT pursuant to a TIFIA Loan Agreement in accordance with 23 U.S.C. §§ 602 and 603.
TIFIA Loan means the secured loan made by the TIFIA Lender to the Borrower on the terms and conditions set forth herein, pursuant to the Act, in a principal amount not to exceed
TIFIA Loan means any loan from USDOT to the Transportation Enterprise with respect to the Project made pursuant to the Transportation Infrastructure Finance and Innovation Act.