Borrower Certificate means a certificate substantially in the form of Exhibit B-2 hereto.

Borrower Certificate. A certificate executed by an Authorized Official of the Borrower, addressing such matters for which such Borrower Certificate is required, in form and substance reasonably acceptable to DOE.

Borrower Certificate is defined in Section 5.06(d).

Examples of Borrower Certificate in a sentence

All capitalized terms used in this Borrower Certificate not otherwise defined shall have their respective meanings specified in the Loan Guarantee Agreement.
If applicable, the Borrower must certify on the Borrower Certificate that at no time during the three years preceding the closing of the Mortgage Loan has he had a present ownership interest in a principal residence.
Participating Lender must, with due diligence, verify the information in the Borrower Certificate regarding the applicant’s prior residency and verify such other information including Federal Income Tax Returns furnished by the Eligible Borrower for the preceding three years, and certify to CHFA that on the basis of its investigation, such information is to the best of its knowledge and belief, true and accurate and evidences compliance with the requirements of this section.
An Eligible Borrower must covenant to occupy the Eligible Dwelling as a principal residence within 60 days after the Loan closing on the Borrower Certificate and as part of the CHFA Uniform Mortgage Rider.
Has executed a Borrower Certificate at the time of the Loan application.

More Definitions of Borrower Certificate

Borrower Certificate. A certificate executed by an Authorized Official of the Borrower that is (i) with respect to any certificate delivered pursuant to Section 4.1 of the Common Agreement, dated as of the Financial Closing Date and substantially in the form attached as Exhibit C to the Common Agreement, (ii) a Master Advance Notice delivered pursuant to Section 4.2 of the Common Agreement, substantially in the form attached as Exhibit M to the Common Agreement, (iii) delivered as a condition precedent to Physical Completion or Project Completion, or (iv) with respect to any other certification to be made by the Borrower pursuant to any Loan Document, addressing such matters as are specified in such Loan Document.

Borrower Certificate a written certificate or statement from the Borrower duly executed by an officer of the Borrower, including the Executive Director or Treasurer of the Borrower.

Borrower Certificate means that certain certificate dated as of the Closing Date made by Borrowers in favor of Agent.

Borrower Certificate. A certificate from an Authorized Officer of Borrower, to be submitted with each Advance Request, certifying (i) as to compliance with all of the applicable conditions precedent for an Advance under Section 3.2, (ii) that the development of the Project is progressing in a reasonably satisfactory manner and in compliance with the Development Milestone set forth on Schedule 1.3 and the Development Loan Budget, (iii) that to the best knowledge of the Borrower after due inquiry, no event, circumstance or condition exists that could reasonably be expected to prevent the Project from timely completing each of the Development Milestones and achieving Financial Close within the Development Loan Budget, (iv) as to use of all prior proceeds of the Loans previously funded; and (v) with respect to an Advance Request only, (a) that each item of cost and expense to be funded with the Advance with respect to which such certificate is being given has been or will be properly incurred in accordance with this Agreement and the Development Loan Budget and (b) that the amount of the requested Advance plus any amounts then on deposit in the Depositary Account do not exceed the amount of costs and expenses payable under the Development Loan Budget during the thirty (30) day period commencing on the anticipated date of the Advance.

Borrower Certificate. A certificate executed by an Authorized Official of the Borrower that is (i) with respect to any certificate delivered pursuant to Section 4.1, dated as of the Financial Closing Date and substantially in the form attached as Exhibit C1, (ii) with respect to any certificate delivered pursuant to Section 4.2, dated as of the Periodic Approval Date and substantially in the form attached as Exhibit C2, (iii) a Master Advance Notice delivered pursuant to Section 4.3, substantially in the form attached as Exhibit M, (iv) delivered as a condition precedent to Project Completion, or (v) with respect to any other certification to be made by the Borrower pursuant to any Loan Document, addressing such matters as are specified in such Loan Document.