Conditional Letter of Commitment definition

Conditional Letter of Commitment means the letter issued by the Minister confirming approval of the Project and setting out the amount, terms and conditions of Funding allocated to the Proponent;
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Conditional Letter of Commitment means a letter issued by the Minister of Municipal Affairs and Housing confirming approval of a Project under the Capital Component subject to conditions;
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Conditional Letter of Commitment means a letter issued by the Province confirming approval of a New Facilities Project.
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Examples of Conditional Letter of Commitment in a sentence

  • If the Province approves the Project, the Province shall advise the Recipient of the approval and provide the Recipient with a Conditional Letter of Commitment.

  • Once approved, a project will receive a Conditional Letter of Commitment from MMAH, which confirms MMAH approval and outlines the steps to take prior to signing a Contribution Agreement.

  • If the Province approves the New Facilities Project, the Province shall advise the Recipient of the approval and provide the Recipient with a Conditional Letter of Commitment.

  • Region of Waterloo “Conditionally Approves” the project and provides the homeowner with a Conditional Letter of Commitment and Invitation to Bid.

  • Once approved by the Board and final (Ministerial) approval is received a development will receive a Conditional Letter of Commitment (CLC) from the Minister, which confirms development approval and outlines the steps to take prior to signing a Partnership Agreement (PA) with OAHS.

  • No funds will be paid from trust to any parties other than those specified in the Conditional Letter of Commitment as authorized on the solicitor’s statement of adjustments.

  • Developer access to capital (Conditional Letter of Commitment from Financial Institution): 10 possible points HCD seeks a developer with established access to capital to complete transaction.

  • The MMAH will provide final approval to successful applicants via a Conditional Letter of Commitment (CLC).

  • Successful proponents will receive a Conditional Letter of Commitment from MMAH as notification of award.

  • This agreement is signed within 18 months of receiving the Conditional Letter of Commitment from MMAH.


More Definitions of Conditional Letter of Commitment

Conditional Letter of Commitment means the written letter signed by the Director of the Affordable Housing Office which indicates the Proponent has been successful in Phase One of this RFP and may proceed with a Phase Two submission.
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Related to Conditional Letter of Commitment

  • Letter of Commitment means a letter obtained from the MBE and WBE’s by the Bidders. The Letter of Commitment is a signed letter(s), on company letterhead, from the minority and/or women certified business. It must be produced no later than 24 hours after the bid due date and time. This letter(s) shall state and will serve as acknowledgement from the minority and/or women certified business of their level of participation in this solicitation, the dollar amount of the commitment, the scope of service or product to be provided and the anticipated dates of utilization.

  • Extended Letter of Credit has the meaning given that term in Section 2.3.(b).

  • Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Facility Letter of Credit means a Letter of Credit issued by the Issuer pursuant to Section 2.2.

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Commitment Schedule means the Schedule attached hereto identified as such.

  • Existing Letter of Credit means a “Letter of Credit” issued pursuant to the terms of, and as defined in, the Existing Credit Agreement and outstanding on the Closing Date and described on Schedule 1.01(B).

  • Request for Letter of Credit means a written request for a Letter of Credit substantially in the form of Exhibit D, together with the standard form of application for letter of credit used by the applicable Issuing Bank, signed by a Senior Officer of the applicable Borrower and properly completed to provide all information required to be provided therein.

  • Auto-Renewal Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Commitment Increase Supplement as defined in subsection 2.20(c).

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in substantially the form of Exhibit F (appropriately completed, and with such modifications as may be reasonably satisfactory to the Administrative Agent) executed and delivered in accordance with Section 2.14.

  • Replacement Letter of Credit means any letter of credit issued pursuant to a Replacement Revolving Facility.

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Letter of Credit Commitment means, with respect to the Issuer, the Issuer's obligation to issue Letters of Credit pursuant to Section 2.1.3 and, with respect to each of the other Lenders that has a Revolving Loan Commitment, the obligation of each such Lender to participate in such Letters of Credit pursuant to Section 2.6.1.

  • U.S. Letter of Credit means any letters of credit issued or to be issued by the U.S. Issuing Bank under the U.S. Subfacility for the account of the U.S. Borrowers pursuant to Section 2.13.

  • Facility Letter means the facility letter and the other letters of offer or other letters which may from time to time be issued by the Bank to the Borrower in relation to the Facilities.

  • Replacement Revolving Commitments shall have the meaning assigned to such term in Section 2.22.

  • Trade Letter of Credit shall have the meaning provided in Section 2.01(a).

  • Master Letter of Credit Agreement means, at any time, with respect to the issuance of Letters of Credit, a master letter of credit agreement or reimbursement agreement in the form, if any, being used by the Issuing Lender at such time.

  • Unissued Letter of Credit Commitment means, with respect to any Issuing Bank, the obligation of such Issuing Bank to issue Letters of Credit for the account of the Borrower or its specified Subsidiaries in an amount equal to the excess of (a) the amount of its Letter of Credit Commitment over (b) the aggregate Available Amount of all Letters of Credit issued by such Issuing Bank.

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Letter of Credit Commitment Amount means, on any date, a maximum amount of $25,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Dollar Letter of Credit means a Letter of Credit denominated in Dollars.