Committed for use definition

Committed for use means an identification of general or specific purposes for which specific portions of the net proceeds from the offering are intended in good faith to be used in the manner and within the time specified in the registration statement. Nothing contained herein shall preclude the issuer from making a good faith reallocation of anticipated expenditures of the net proceeds within the categories specified in the registration statement, or an allocation to new categories not reasonably anticipated at the date the registration statement was declared effective.

Examples of Committed for use in a sentence

  • CMF awards shall be Committed for use by the date designated in the Awardee’s Assistance Agreement.

  • Pursuant to the Act, the CDFI Fund shall recapture into the Capital Magnet Fund any amount of the CMF Award that has not been Committed for use by the Recipient as of the date set forth in Schedule 1 of this Assistance Agreement.

  • The Recipient must report in its Annual Report – Performance Report (as described in Schedule 1-B) the address of at least one qualifying Affordable Housing project at the time the CMF Award funds are Committed for use, in order to demonstrate compliance with Concerted Strategy.

  • CMF assistance in the form of a Loan Guarantee is considered Committed for use when the Recipient enters into a legally binding agreement to provide payment to a counterparty under the terms of the Loan Guarantee.

  • If the Recipient uses its CMF Award to fund a Loan Loss Reserve or Loan Guarantee, such funds shall be deemed disbursed, for the purposes of Section 3.2(i) and this Section 4.4, at the time the funds are Committed for use for an identifiable Project and credited to a separate account.

  • CMF awards shall be Committed for use within two years of the effective date of the Awardee’s Assistance Agreement.

  • Similar to HUD’s HOME Program regulations at 24 CFR 92.2, CMF funds for Affordable Housing Activities, Economic Development Activities or Community Service Facilities must be Committed for use within two years of the effective date of an Awardee’s Assistance Agreement.The proposed rule adopts a definition ofCommitted as set forth in 12 CFR 1807.104(m).

  • The Recipient shall demonstrate that 100% of the CMF Award is Committed for use by the date set forth in Schedule 1.

  • CMF assistance in the form of a Loan Loss Reserve is considered Committed for use when the Recipient enters into a legally binding agreement to set aside proceeds of the CMF Award to cover losses on loans, accounts, and/or notes receivable for an identified eligible project.

  • The Applicant should also request an award amount that they are confident can be Committed for use within two years of the Effective Date of the Assistance Agreement, and achieve Project Completion within five years of the Effective Date of the Assistance Agreement.

Related to Committed for use

  • Lawfully admitted for permanent residence means the status of having been lawfully accorded the privilege of residing permanently in the United States as an immigrant in accordance with the immigration laws, such status not having changed.

  • Placed for adoption means the assumption and retention of a legal obligation by a person for the total or partial support of a child in anticipation of adoption of the child. If the legal obligation ceases to exist, the child is no longer considered placed for adoption. [PL 1993, c. 666, Pt. A, §1 (NEW).]

  • Applied For means that you have already applied for a TIN or that you intend to apply for one soon. Caution: A disregarded U.S. entity that has a foreign owner must use the appropriate Form W-8.

  • Adjusted for inflation means increased in accordance with the formula for inflation adjustment set forth in Exhibit C to the Master Settlement Agreement.

  • Committed Revolving Line means a credit extension of up to Two Million Dollars ($2,000,000).

  • Committed dose equivalent (HT,50) means the dose equivalent to organs or tissues of reference (T) that will be received from an intake of radioactive material by an individual during the 50-year period following the intake.

  • Designated Foreign Currency means Euros, British pounds, Japanese yen or any other currency (other than Dollars and Canadian Dollars) approved in writing by each of the Lenders and that is freely traded and exchangeable into Dollars.

  • Unaccounted for Gas or ‘UAFG’ means the difference between the Quantity of Gas received into the Network and delivered out of the Network, over a specified period of time.

  • Armed forces of the United States means the United States

  • Committed Currencies means lawful currency of the United Kingdom of Great Britain and Northern Ireland and Euros.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Armed forces means that term as defined in section 2 of the veteran right to employment services act, 1994 PA 39, MCL 35.1092.

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Approved Foreign Bank has the meaning specified in the definition of “Cash Equivalents.”

  • Committed Loan has the meaning specified in Section 2.01.

  • Benchmark Unavailability Period means, the period (if any) (a) beginning at the time that a Benchmark Replacement Date has occurred if, at such time, no Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14 and (b) ending at the time that a Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 2.14.

  • Committed Amount shall have the meaning assigned thereto in the Pricing Side Letter.

  • Marginal farmer means a cultivator with an unirrigated land holding up to one hectare or irrigated land holding up to half hectare;

  • approved form means a form approved by the Minister;

  • Committed Sum means, for any day, the maximum amount a Lender is committed on that day to lend to the Companies (or for their account) on a revolving credit basis pursuant to this Agreement, on its terms and subject to its conditions. From the Effective Date of this Agreement through the Termination Date or such other date (if any) when all or any of them is changed by operation of the provisions of any agreement or Legal Requirement, the Committed Sums for the Lenders are as set forth on Schedule LC, as it may be amended and restated from time to time.

  • Committed Loan Notice means a notice of (a) a Committed Borrowing, (b) a conversion of Committed Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.

  • Scheduled Unavailability Date has the meaning specified in Section 3.03(c).

  • Armed Forces service medal veteran means any veteran who, while serving on active duty in the U.S. military, ground, naval, or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985 (61 FR 1209).

  • Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurodollar Rate.

  • Committed means pledged and appropriated for the purpose of the

  • Cooling Off Period means the duration of time counted from the date when the direct seller and the direct selling entity enter into an agreement and ending with the date on which the contract is to be performed and within which direct seller may repudiate the agreement without being subject to penalty for breach of contract.