City Loan Funds definition

City Loan Funds. All funds provided, or required pursuant to this Agreement to be provided, as a City Loan.
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City Loan Funds means the funds to be paid by City to EIC pursuant to the City Loan.
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Examples of City Loan Funds in a sentence

  • The obligation of EIC to repay the City Loan Funds and any accrued interest thereon shall survive the termination of this Agreement.

  • The total amount of City Funds reflected in the initial Development Budget for Rental Phase 1 is up to $5,486,000 in City Loan Funds and up to $5,000,000.00 in City Site Funds.

  • The City Loan Funds will be paid solely from lawfully available funds that have been appropriated by City.

  • Using the City Loan Funds solely to apply to the costs for purchase of the Property.

  • The total amount of City Funds reflected in the initial Development Budget for Rental Phase 1 is up to $5,486,000.00 in City Loan Funds and up to $ 6,850,000.00 in City Site Funds.

  • A copy of the completed past performance evaluation will be available in CPARS for your viewing and for Government use supporting source selection actions after it has been completed.

  • Monthly Loan Status May 2017New Loans2 Delinquent Loans0 Loans Paid in Full0 Subordinated Loans0 Loan Funds & Current Cash Balances – April 2017EDA Loan FundsFund 249 – Minnesota Investment Fund $713,382Fund 292 – EDA Revolving Loan $329,620Fund 243 – Industrial Development Loan $276,965 TOTAL =$1,319,967 City Loan Funds – EDA reviews and makes recommendations to City Council Fund 245 – City of Faribault Revolving Loan Fund $521,925**$300,000 earmarked for the Downtown Commercial Rehab & Ext.

  • In order to protect City streets, alleys, roads, sidewalks and other public property, the inspection team and Police Department shall determine the exact route for all hauling to and from the drill site.

  • While the REV Grant will be based on the actual ad valorem taxes generated from the Mixed-Use Component, this does not change the fact that the $65.5 million Breadbox Loan can be utilized to build a portion of the Mixed-Use Component and that the City is giving a REV grant on top of the City Loan Funds being put toward the project.

Related to City Loan Funds

  • Loan Fund means the special fund created by the RECIPIENT for the repayment of the principal of and interest on the loan. “Loan Security” means the mechanism by which the RECIPIENT pledges to repay the loan.

  • Principal Funds With respect to the Mortgage Loans and any Distribution Date, the sum, without duplication, of (1) the scheduled principal due during the related Due Period and received before the related Servicer Remittance Date or advanced on or before the related Servicer Remittance Date, (2) prepayments in full collected in the related Prepayment Period, (3) the Stated Principal Balance of each Mortgage Loan that was purchased by the Depositor during the related Prepayment Period or, in the case of a purchase pursuant to Section 9.01, on the Business Day prior to such Distribution Date, (4) the amount, if any, by which the aggregate unpaid principal balance of any Replacement Mortgage Loan is less than the aggregate unpaid principal of the related Deleted Mortgage Loans delivered by the Sponsor in connection with a substitution of a Mortgage Loan pursuant to Section 2.03(c), (5) all Liquidation Proceeds collected during the related Prepayment Period (to the extent such Liquidation Proceeds relate to principal and represent payment in full), (6) all Subsequent Recoveries received during the related Due Period and (7) all other collections and recoveries in respect of principal during the related Due Period, less (A) all Non-Recoverable Advances relating to principal with respect to the Mortgage Loans and (B) other amounts reimbursable (including without limitation indemnity payments) to the Servicer and the Trustee pursuant to this Agreement allocable to principal.

  • Home Equity Loans means loans or funded portions of lines of credit secured by mortgages on one-to four-family residences or stock of cooperative housing associations, where the Failed Bank did not have a first lien on the same property as collateral.

  • Home Equity Loan means a loan or funded or unfunded portions of a line of credit secured by a mortgage on a one-to four-family residences or stock of cooperative housing association, where the Failed Bank did not have a first lien on the same property as collateral.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Special Funds means, collectively, the Bond Fund, the Project Fund and the Collateral Fund, and any accounts therein, all as created in this Indenture.

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • Whole Loan Custodial Account means the “Whole Loan Custodial Account” established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Park Monaco Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Park Monaco is the applicable Seller.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Mortgage Loans Such of the mortgage loans transferred and assigned to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Fund (including any REO Property), the mortgage loans so held being identified in the Mortgage Loan Schedule, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

  • Purchase Price Bank Account means a bank account in the United States to be designated by the Sellers in a written notice to the Purchaser at least five Business Days before the Closing.

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Failed Bank Advances means the total sums paid by the Failed Bank to (i) protect its lien position, (ii) pay ad valorem taxes and hazard insurance, and (iii) pay credit life insurance, accident and health insurance, and vendor's single interest insurance.

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Student Loans means education loans to students and parents of students under the Federal Family Education Loan Program.