Builder Certificate definition

Builder Certificate means a certificate from the CFD Administrator stating that the Development Product will generate at least the amount of Assigned Special Taxes that was projected for such Development Product in the Original Report, or that the Development Product’s Assigned Special Taxes plus Excess Aggregate Credits currently available will generate at least the amount of Assigned Special Taxes that was projected for such Development Product in the Original Report.
Builder Certificate means a certificate from the Builder of a Development Product stating that such Development Product will generate at least the amount of Assigned Special Taxes that was projected in the Original Report or Updated Report that was relied upon by the CFD Administrator in issuing the most recent Letter of Compliance for such Development Product.