Examples of Acquisition Revolving Loan in a sentence
The purpose of the Affordable Housing Land Acquisition Revolving Loan Program (“LAP”) is to assist eligible organizations in Oregon to purchase land suited for affordable housing development (see OAR chapter 813, division 037).
The Affordable Housing Land Acquisition Revolving Loan Program - (LAP) Request Form• Fill out the pre-application form located at OHCS’s Funding Opportunities webpage: https://www.oregon.gov/ohcs/development/Pages/notice-of-funds- availability.aspx• Use the LAP Checklist to verify that your application includes all the required documents.• Include the information required by Section 4(2) and (3) below in or as an attachment to your application form.
Anything contained in this Agreement to the contrary notwithstanding, prior to the Acquisition Loan Conversion Date, the Acquisition Loans shall in no event exceed the Acquisition Revolving Loan Commitments then in effect.
The obligation of each Lender and each Issuing Bank to make any Credit (other than any Term Loan or any Acquisition Revolving Loan prior to the end of the Certain Funds Period) shall be subject to the satisfaction (or waiver pursuant to Section 10.02) of each of the conditions precedent set forth below.
Division 37 AFFORDABLE HOUSING LAND ACQUISITION REVOLVING LOAN PROGRAM (LAP)813-037-0005Purpose and Objectives OAR Chapter 813, Division 37 is established to enact the Affordable Housing Land Acquisition Revolving Loan Program or Land Acquisition Program (LAP) as authorized in ORS 456.502.
Borrower will not permit the Fixed Charge Coverage Ratio for the 12-month period ending on the last day of each calendar quarter to be less than (a) prior to the effectiveness of the Acquisition Revolving Loan Commitment Increase, 1.10 to 1.00, and (b) after the effectiveness of the Acquisition Revolving Loan Commitment Increase, 1.20 to 1.00.
Each Lender's Acquisition Revolving Loan Commitment shall expire on the Acquisition Loan Conversion Date; provided -------- that each Lender's Acquisition Revolving Loan Commitment shall expire immediately and without further action on July 31, 1998 if the Domestic Term Loans are not purchased or made on or before that date.
Set public hearing for July 17, 2007 at 10:00 a.m. to consider proposed transfer of funds from the Rehabilitation Revolving Loan Account to the Housing Acquisition Revolving Loan Account.
The Affordable Housing Land Acquisition Revolving Loan Program - (LAP) Request Form Please fill out the application form attached at the end of this document.
We know that Oregon is making more dollars available (LIFT for affordable housing construction and LAP, Land Acquisition Revolving Loan Program) to address the problem and we are hopeful that the federal government will also provide more grants.