CDA Loan definition

CDA Loan means the loan given or to be given by CDA to Tenant in the amount of up to $8,600,000 to finance a portion of the Project and the Development Improvements, to be evidenced by Tenant's note in like amount.
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CDA Loan means that certain loan that is to be made to the Owner by CDA to finance a portion of the cost of acquisition and construction of the Project, as the same may be modified or extended from time to time.
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CDA Loan means that certain loan from the CDA to Rapor, in the original principal amount of $750,000, pursuant to that certain Loan and Stock Purchase Agreement, dated as of February 19, 2002, between Rapor and the CDA.
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Examples of CDA Loan in a sentence

  • CDA Loan ProgramFinancing for General Business (See Attachment A.

  • The HCH Loan will bear interest at a rate to be determined but not to exceed 8% and shall be co-terminus with the CDA Loan.

  • Thus interpreted, the default provision in Section 4(a)(3) of the Conditional Contract only applies when default is triggered by missed monthly payments related to the CDA Loan; this provision does not apply to other payments missed by Manglona to which default rules for determining breach apply.

  • As a result “on October 22, 1998, Defendants refinanced the CDA Loan and incurred additional costs and damages.” Manglona v.

  • It states: “[Manglona] shall be in default and breach of this Contract if [Manglona] fails to pay the monthly CDA Loan when due, and that such failure [will] le[a]d to the foreclosure of the chattel mortgage and/or other adverse proceedings pursuant to the CDA Agreement.” ER at 47 (emphasis added).

  • The Conditional Contract did not contain any contingencies on the CDA Loan balance that would have altered the amount due from Manglona.

  • The one-time significant CDA Loan Repayment will allow the City to finish the year with a surplus of $728,000.

  • Proposals that appear feasible, based on a CDA Loan, will not be rejected.

  • Consideration and discussion of amending the loan approval process for CDBG-RLF Home Improvement Loans It was noted that the current approval process requires that the CDA Loan Review Committee take affirmative action to approve a loan request.

  • If all documentation is acceptable and you are finally approved by the CDA Loan Committee, we will then show and offer the first available homes that are suited to your family size and income.

Related to CDA Loan

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • PPP Loan has the meaning set forth in Section 3.28.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • SOFR Loan means a Loan that bears interest at a rate based on Term SOFR, other than pursuant to clause (c) of the definition of “Alternate Base Rate”.

  • CD Loan means (i) a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election or (ii) an overdue amount which was a CD Loan immediately before it became overdue.

  • Cov-Lite Loan A Collateral Obligation the Underlying Documents for which do not (i) contain any financial covenants or (ii) require the Obligor thereunder to comply with any Maintenance Covenant (regardless of whether compliance with one or more Incurrence Covenants is otherwise required by such Underlying Documents); provided that, notwithstanding the foregoing, a Collateral Obligation shall be deemed for all purposes (other than the S&P Recovery Rate for such Collateral Obligation) not to be a Cov-Lite Loan if the Underlying Documents for such Collateral Obligation contain a cross-default or cross acceleration provision to, or such Collateral Obligation is pari passu with, another loan, debt obligation or credit facility of the underlying Obligor that contains one or more Maintenance Covenants.

  • U.S. Revolving Loan means Loans made by a Lender in respect of its U.S. Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(a) and/or Section 2.24.

  • Term SOFR Rate Loan means a Loan made hereunder with respect to which the interest rate is calculated by reference to Term SOFR (other than a Loan for which clause (c) of the definition of Base Rate is used to determine Base Rate).

  • FHA Loan A Mortgage Loan which is the subject of an FHA Insurance Contract as evidenced by a Mortgage Insurance Certificate.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • LIBOR Loan means any portion of a Loan (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • LIBOR Rate Loan means a Loan that bears interest based on LIBOR.

  • Revolving Advance has the meaning given in Section 2.1.

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.