CDLAC definition

CDLAC means the California Debt Limit Allocation Committee or its successors. “CDLAC Conditions” has the meaning given such term in Section 7(e).
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CDLAC means the California Debt Limit Allocation Committee or its successors.
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CDLAC means the California Debt Limit Allocation Committee or its successors. “CDLAC Conditions” has the meaning given such term in Section 29(a).
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Examples of CDLAC in a sentence

  • It is hereby acknowledged and agreed that any restrictions imposed on the operation of the Project herein and which are in addition to those imposed pursuant to Section 142(d) of the Code or the Act are at the request of the Owner, and that the Owner has voluntarily agreed to such additional restrictions in order to obtain financial assistance from the City and an allocation of private activity bond volume cap from CDLAC.

  • CDLAC shall accordingly have contractual rights in this Regulatory Agreement and shall be entitled (but not obligated) to enforce, in accordance with Section 16 hereof, the terms hereof and the terms of the CDLAC Resolution.

  • The Owner shall also timely provide to the City such information as is requested by the City to comply with any reporting requirements applicable to it with respect to the Note or the Project under any federal or State law or regulation, including without limitation, CDLAC regulations.

  • Notwithstanding the above, CDLAC shall be entitled solely to enforce the terms of the CDLAC Resolution, and any enforcement of the terms and provisions of the CDLAC Resolution by CDLAC shall not adversely affect the interests of the Lender or the Fiscal Agent, and shall otherwise be subject to the terms, conditions and limitations otherwise applicable to the enforcement of remedies under this Regulatory Agreement.

  • To the extent the income and rent restrictions contained in the CDLAC Requirements are more restrictive than any of the foregoing requirements, the Owner shall comply with the CDLAC Requirements.


More Definitions of CDLAC

CDLAC means the California Debt Limit Allocation Committee.
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CDLAC means the California Debt Limit Allocation Committee or any successor thereto.
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CDLAC means the California Debt Limit Allocation Committee or its
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CDLAC. The California Debt Limit Allocation Committee.
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CDLAC. The California Debt Limit Allocation Committee. “CDLAC Resolution” – Resolution No. 16-151 adopted by CDLAC on October 19, 2016, as amended or supplemented.
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CDLAC means “California Debt Limit Allocation Committee” as further defined herein.
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CDLAC shall have the meaning set forth in Section 2.3.3.
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