Common use of Limit on Costs of Funding Clause in Contracts

Limit on Costs of Funding. The proceeds of the Funding Loan will be expended for the purposes set forth in this Borrower Loan Agreement and in the Funding Loan Agreement and no portion thereof in excess of two percent of the proceeds of the Funding Loan, within the meaning of Section 147(g) of the Code, will be expended to pay Costs of Funding of the Funding Loan.

Appears in 10 contracts

Samples: Funding Loan Agreement, Borrower Loan Agreement, Borrower Loan Agreement

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Limit on Costs of Funding. The proceeds of the Funding Loan will be expended by Borrower for the purposes set forth in this Borrower Loan Agreement and in the Funding Loan Agreement and no portion thereof in excess of two percent of the proceeds of the Funding Loan, within the meaning of Section 147(g) of the Code, will be expended to pay Costs of Funding of the Funding LoanFunding.

Appears in 5 contracts

Samples: Borrower Loan Agreement, Borrower Loan Agreement, Borrower Loan Agreement

Limit on Costs of Funding. The proceeds of the Funding Loan will be expended for the purposes set forth in this Borrower Loan Agreement and in the Funding Loan Agreement and no portion thereof in excess of two percent of the proceeds of the portion of the Funding LoanLoan evidenced by the Tax-Exempt Governmental Lender Note, within the meaning of Section 147(g) of the Code, will be expended to pay Costs of Funding of the Funding Loan.

Appears in 3 contracts

Samples: Borrower Loan Agreement, Borrower Loan Agreement, Borrower Loan Agreement

Limit on Costs of Funding. The proceeds of the Funding Loan evidenced by the Tax-Exempt Governmental Lender Note will be expended by Borrower for the purposes set forth in this Borrower Loan Agreement and in the Funding Loan Agreement and no portion thereof in excess of two percent of the proceeds of the portion of the Funding LoanLoan evidenced by the Tax-Exempt Governmental Lender Note, within the meaning of Section 147(g) of the Code, will be expended to pay Costs of Funding of the Funding LoanFunding.

Appears in 2 contracts

Samples: Borrower Loan Agreement, Borrower Loan Agreement

Limit on Costs of Funding. The proceeds of the Funding Loan will be expended for the purposes set forth in this Borrower Loan Agreement and in the Funding Loan Agreement Agreement, and no portion thereof in excess of two percent of the proceeds of the portion of the Funding LoanLoan evidenced by the Tax-Exempt Governmental Lender Notes, within the meaning of Section 147(g) of the Code, will be expended to pay Costs of Funding of the Funding LoanFunding.

Appears in 2 contracts

Samples: Borrower Loan Agreement, sanjoseca.gov

Limit on Costs of Funding. The proceeds of the Funding Loan will be expended for the purposes set forth in this Borrower Loan Agreement and in the Funding Loan Agreement and no portion thereof in excess of two percent of the proceeds of the Funding Loan, within the meaning of Section 147(g) of the Code, will be expended to pay Costs of Funding of the Funding LoanFunding.

Appears in 2 contracts

Samples: Borrower Loan Agreement, Borrower Loan Agreement

Limit on Costs of Funding. The proceeds of the Funding Loan will be expended by Borrower for the purposes set forth in this Borrower Loan Agreement and in the Funding Loan Agreement and no portion thereof in excess of two percent of the proceeds of the portion of the Funding LoanLoan evidenced by the Tax Exempt Governmental Lender Note, within the meaning of Section 147(g) of the Code, will be expended to pay Costs of Funding of the Funding LoanFunding.

Appears in 1 contract

Samples: Borrower Loan Agreement

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Limit on Costs of Funding. The proceeds of the Funding Loan will be expended for the purposes set forth in this Borrower Loan Agreement and in the Funding Loan Agreement and no portion thereof in excess of two percent 2% of the proceeds of the Funding Loan, within the meaning of Section 147(g) of the Code, will be expended to pay Costs of Funding of the Funding Loan.

Appears in 1 contract

Samples: Borrower Loan Agreement

Limit on Costs of Funding. The proceeds of the Funding Loan will be expended for the purposes set forth in this Borrower Loan Agreement and in the Funding Loan Agreement Agreement, and no portion thereof in excess of two percent of the proceeds of the portion of the Funding LoanLoan evidenced by the Tax-Exempt Governmental Lender Note, within the meaning of Section 147(g) of the Code, will be expended to pay Costs of Funding of the Funding LoanFunding.

Appears in 1 contract

Samples: Regulatory Agreement and Declaration of Restrictive

Limit on Costs of Funding. The proceeds of the Funding Loan will be expended for the purposes set forth in this Borrower Loan Agreement and in the Funding Loan Agreement and no portion thereof in excess of two percent (2%) of the proceeds of the Funding Loan, within the meaning of Section 147(g) of the Code, will be expended to pay Costs of Funding of the Funding Loan.. 4151-8753-2581.5

Appears in 1 contract

Samples: Borrower Loan Agreement

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