CDE Agreement definition

CDE Agreement means the Amended and Restated Operating Agreement of the CDE of even date herewith made by and between Clearinghouse Community Development Financial Institution, a California corporation, and Borrower, as the same may be amended, modified, and/or restated from time to time.
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CDE Agreement means, collectively, the LCD CDE Agreement, and the NMCC CDE Agreement.
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CDE Agreement means the Amended and Restated Operating Agreement of the CDE dated on or about the date hereof, as amended from time to time.
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Examples of CDE Agreement in a sentence

  • Notwithstanding anything to the contrary in the Fund Loan Documents, prior to the seventh anniversary of the QEI the CDE may, but shall not be obligated to, reinvest the CDE Loans in one or more alternative QLICI(s) as the CDE determines in its sole discretion (subject to such approvals of the respective members of CDE as are provided in the CDE Agreement) without any participation or involvement by Fund Lender in such process.

  • Borrower will not further convey or encumber the CDE Interest or any portion thereof in any way, other than a redemption of the CDE Interest in accordance with the terms and conditions of the CDE Agreement following the end of the NMTC Compliance Period.

  • Except to the extent the Leverage Lender is entitled to notice or consent to modifications of the CDE Agreement and the Fund Agreement, the Indemnitors hereby waive notice of the acceptance of this Agreement and of the extension or modification of the CDE Agreement, the Fund Agreement, or any part thereof.

  • Be entitled to provide consents, approvals and direction of, to and respecting any action by the manager of the CDE and make any election under the CDE Agreement without the consent of Fund Lender including, without limitation, any consent to any reinvestment in one or more QLICI during any Reinvestment Period.

  • Borrower is duly authorized to acquire and own its membership interests in the CDE, to enter into the transactions contemplated by the Loan Documents, ▇▇▇▇▇▇▇▇’s Operating Agreement and the CDE Agreement, and to pledge and assign and grant liens and security interests as contemplated by the Loan Documents.

  • Subject to any action deemed necessary, in Fund Borrower’s reasonable discretion, to protect against loss or recapture of New Markets Tax Credits, comply in all material respects with its duties and obligations under the CDE Agreement and exercise its rights and powers to the extent available to Fund Borrower, in each case as reasonably necessary to protect and preserve the investment of Fund Borrower in the CDE and the repayment of the Fund Loan.

  • Except as set forth in the CDE Agreement, in all events the Fund Borrower shall have the right to grant or exercise (or withhold or refuse to exercise) any consent, approval or other right under the CDE Agreement, as determined in the Fund Borrower’s sole and absolute discretion, and in no event shall the Fund Lender’s consent or other approval be required for the Fund Borrower’s action or inaction.

  • Borrower’s sole business purpose shall be to acquire and hold its CDE Interest, to exercise its rights and powers and perform its duties and obligations under the CDE Agreement, and to enter into and perform its duties and obligations under the Loan Documents and undertake activities incidental thereto.