Common use of Evidence of Financing Clause in Contracts

Evidence of Financing. Developer shall have provided written proof reasonably acceptable to Authority that Developer has obtained commitments for equity contributions, reservation of Tax Credits, AHP Loan, as applicable, and other approved affordable housing subsidies and/or loans, and the Primary Loan (including the construction and permanent financing) for the Project, all subject to customary conditions, and Authority shall have reasonably approved such financing commitments pursuant to Section 310. The Primary Loan construction financing for the Project shall have cl or be ready to close and fund osed and funded prior to concurrently with the Closing for the Authority Subordinate Loan for the Project.

Evidence of Financing. Developer shall have provided written proof reasonably acceptable to Authority that Developer has obtained commitments a commitment for equity contributions, reservation of Tax Credits, AHP Loan, as applicable, and other approved affordable housing subsidies and/or and loans, and subject to customary conditions, for the Primary Loan (Loan, including the construction and permanent financing) for financing of the Project, all subject to customary conditionsApartment Complex, and Authority shall have reasonably approved such financing commitments commitment for the Primary Loan pursuant to Section 310311. The Primary Loan construction financing for the Project Apartment Complex shall have cl closed prior to or be ready to close and fund osed and funded prior to concurrently with the Closing for the and initial disbursement of Authority Subordinate Loan for the Projectpursuant to Sections 204 and 208.9.

Evidence of Financing. Developer shall have provided written proof reasonably acceptable to obtained, and Authority that Developer has obtained commitments shall have approved, a commitment for equity contributions, a reservation of Tax Credits, AHP Loan, as applicable, and other approved affordable housing subsidies and/or loans, and the Primary Loan (Loan, including the construction financing and permanent financing) financing commitment for the ProjectPhase I in form and substance acceptable to Developer, all subject to customary conditions, and Authority shall have reasonably approved such financing commitments pursuant to Section 3103.10. The Primary Loan construction financing for the Project Phase I shall have cl closed prior to or be ready to close and fund osed and funded prior to concurrently with the Closing for the Authority Subordinate Loan for the Project.Phase I.

Evidence of Financing. Developer shall have provided written proof reasonably acceptable to obtained, and Authority that Developer has obtained commitments shall have approved, a commitment for equity contributions, a reservation of Tax Credits, AHP Loan, as applicable, and other approved affordable housing subsidies and/or loans, and the Primary Loan (Loan, including the construction financing and permanent financing) financing commitment for the Projectapplicable Project in form and substance acceptable to Developer, all subject to customary conditions, and Authority shall have reasonably approved such financing commitments pursuant to Section 310. The Primary Loan construction financing for the applicable Project shall have cl closed prior to or be ready to close and fund osed and funded prior to concurrently with the Closing for the Authority Subordinate Loan for the such Project.

Evidence of Financing. Developer shall have provided written proof reasonably acceptable to obtained, and Authority that Developer has obtained commitments shall have approved, a commitment for equity contributions, a reservation of Tax Credits, an AHP Loan, as applicableif any, and other approved affordable housing subsidies and/or loans, and the Primary Loan (Loan, including the construction financing and permanent financing) financing commitment for the ProjectProject in form and substance acceptable to Developer, all subject to customary conditions, and Authority shall have reasonably approved such financing commitments pursuant to Section 310. The Primary Loan construction financing for the Project shall have cl closed prior to or be ready to close and fund osed and funded prior to concurrently with the Closing for the Authority Subordinate Loan for the Project.