Continuing Covenant Agreement definition

Continuing Covenant Agreement means (i) prior to the Conversion Date, the Construction Continuing Covenant Agreement, and (ii) from and after the Conversion Date, the Freddie Mac Continuing Covenant Agreement.

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Continuing Covenant Agreement means the Continuing Covenant Agreement dated as of the date hereof by and between the Borrower and the Initial Funding Lender, as the same may be amended, modified or supplemented from time to time.

Continuing Covenant Agreement means the Continuing Covenant Agreement to be executed by Borrower and Permanent Funding Lender at Conversion.

Examples of Continuing Covenant Agreement in a sentence

• The occurrence of any of the events described in Section 7.01 of the Continuing Covenant Agreement, which pursuant to Section 1.02(a) hereof are incorporated herein (whatever the reason for such event and whether voluntary, involuntary, or effected by operation of Law), unless waived in writing by the Owners of not less than a majority in aggregate principal amount of the Outstanding Bonds, shall constitute an Event of Default hereunder.

• Subject to the pledge and security interest, and other rights of Funding Lender set forth in this Continuing Covenant Agreement, the Rental Assistance Contract Reserve will be maintained for the purpose of assuring Funding Lender that adequate funds are available for the payment of any Projected Deficit during the Rental Assistance Contract Reserve Period.

• Only Funding Lender will have the right to make withdrawals from the Rental Assistance Contract Reserve, in accordance with the terms of this Continuing Covenant Agreement.

More Definitions of Continuing Covenant Agreement

Continuing Covenant Agreement is defined in the Recitals of this Project Loan Agreement.

Continuing Covenant Agreement means this Continuing Covenant Agreement.

Continuing Covenant Agreement means the continuing covenant

Continuing Covenant Agreement means (i) prior to the Conversion Date, the Construction Disbursement Agreement, and (ii) from and after the Conversion Date, the Permanent Loan Agreement.

Continuing Covenant Agreement means the Continuing Covenant Agreement between the Corporation as Obligated Group Agent on behalf of itself and each Member of the Obligated Group, and

Continuing Covenant Agreement means, commencing on April 28, 2017 through the Initial BBH Period Ending Date, the Third Amended and Restated Continuing Covenant Agreement dated as of April 28, 2017, between the Successor Agency and the Bank Bond Holder, as it may be amended or supplemented from time to time in accordance with its terms, and during any Index Rate Mode Period other than the Initial BBH Period, means any agreement between the Successor Agency and the Bank Bond Holder that may be designated as the Continuing Covenant Agreement.

Continuing Covenant Agreement means the Continuing Covenant Agreement dated as of July 1, 2016, between the Borrower and the Purchaser.