Commitment Date. The Recipient shall have Committed all of its CMF Award by no later than the date set forth in Schedule 1, which date shall be two (2) years after the Effective Date of this Assistance Agreement. Pursuant to the Act, the CDFI Fund shall recapture into the Capital Magnet Fund any amount of the CMF Award that has not been Committed for use by the Recipient as of the date set forth in Schedule 1 of this Assistance Agreement.
Appears in 3 contracts
Sources: Assistance Agreement, Assistance Agreement, Assistance Agreement