Examples of Buydown in a sentence
If the Owner agrees to implement a solution Contract at the Contractor’s cost at a date beyond the warranty period, the Parties can agree on mechanism under which the Contractor will prove any improvement and if so, how partial refund of Buydown amount would be managed.
Buydown Period: The period of time when a Buydown Agreement is in effect with respect to a related Buydown Mortgage Loan.
Pursuant to the terms of each Buydown Agreement, any amounts distributed to the Purchaser in accordance with the preceding sentence will be applied to reduce the outstanding principal balance of the related Buydown Mortgage Loan.
Do not authorize the release of the Contract and Lien for the property located at 1426 Stafford Avenue in connection with the City's Phase IV Mortgage Buy-down Affordable Housing Program.
PG&E will establish a maximum cap for NBT‐eligible exports for each monthly billing period based on the California Solar Initiative Expected Performance-Based Buydown (CSI EPBB) calculator production estimate for the customer’s NBT‐eligible generator.