Examples of Commitment Expiration Date in a sentence
Final Approval from IHCDA must occur by the Commitment Expiration Date which is sixty (60) days for all Subject Properties.
IHCDA Online will show a date that the loan expires, which is known as the Commitment Expiration Date (sixty (60) days after the date of reservation on any Subject Property).
The Participating Lender must have sold the First Mortgage of the Subject Property to the Master Servicer and purchased by IHCDA on or before the Commitment Expiration Date, as shown in IHCDA Online.
IHCDA Online will show a date that the loan expires, which is known as the Commitment Expiration Date, (sixty (60) days after the date of reservation on all properties).
If the Participating Lender fails to receive final approval from IHCDA by the Commitment Expiration Date (sixty (60) days for all subject properties), IHCDA reserves the right to terminate the reservation.