City Loan definition

City Loan has the meaning set forth in Paragraph D of the Recitals.

City Loan has the meaning in Section 1.1(l)(ii).

City Loan. A loan from the City to the Borrower in an original principal amount of $527,000.00.

Examples of City Loan in a sentence

• Consider having all students do a reading before conversation to bring everyone to a shared understanding.

• Acquisition of obligations involving loan guarantees for New York CityNothing in any provision of law shall be con- strued to authorize the Federal Financing Bank to acquire any obligation the payment of inter- est or principal of which has at any time been guaranteed in whole or in part under title I of the New York City Loan Guarantee Act of 1978.(Pub.

• Each installment on the Economic Development Grant (Part A) is applied for the benefit of the Developer as a credit against the amount then owned by the Developer on the City Loan.

• A numerical example of the methodology to be used to calculate the Annual City Loan Payment is shown in Exhibit B attached hereto.

• City Loan funds may only be used for land and building acquisition costs including an administrative fee for the Land Bank in an amount not to exceed 10% of acquisition costs.

More Definitions of City Loan

City Loan means the loan by the City to Developer of Affordable Housing Bond Proceeds in a principal amount not to exceed SEVENTEEN MILLION ONE HUNDRED SIXTY THOUSAND DOLLARS ($17,160,000), as described in the Method of Financing (Attachment No. 3). The City Loan shall be evidenced by the City Loan Note (Attachment Nos. 8B and 8C) and secured by the City Deed of Trust (Attachment Nos. 9A and 9B), and other City Loan Documents.

City Loan shall have the meaning ascribed thereto in the seventh recital to this Loan Agreement.

City Loan means the total amount of Municipal Funds, if applicable, advanced to the Proponent, in accordance with the Funding Schedule;

City Loan means the $600,000 subordinate loan made by the Vallejo Housing Authority to the Borrower to finance a portion of the costs of the Project.

City Loan means loan(s) from the City of San Xxxx to Lessee.

City Loan means the loan of funds from the City to the Borrower as provided in this City Loan Agreement and City Note.

City Loan means the loan in the approximate amount of Five Million Fifty-Six Thousand and Ninety-Four Dollars ($5,056,094) made from City to the Lessee pursuant to the Disposition Agreement.