Developer's Financing Plan Sample Clauses
Developer's Financing Plan. Developer contemplates financing the development of the Project (other than permanent financing) with a combination of funds from the proceeds of the following: (i) 9% Tax Credits;
Developer's Financing Plan. Developer contemplates financing the development of the Project (other than permanent financing) with a combination of funds from the proceeds of the following: (i) the City Loan; (ii) Tax Credits; (iii) the Construction Loan; and (iv) such other financing sources as may be obtained by Developer in accordance with the terms and conditions of this Agreement. Developer shall utilize all of such funding exclusively for acquisition of the Site and development of the Project thereon, and not for any other purpose.