Eligible Purpose means a purpose that is authorized by the Customer for the use of the Cards, Card numbers and Accounts.

Eligible Purpose means the development of Affordable Housing and/or facilities intended to provide supportive services to Affordable Housing residents and Low Income Households in the nearby community.

Eligible Purpose means the allowable uses of Bond Proceeds and Bond Loan proceeds, which includes: (i) financing or Refinancing for community or economic development purposes described in 12 U.S.C. § 4707(b) including, but not limited to, community or economic development purposes in Low- Income Areas or Underserved Rural Areas, as deemed eligible by the CDFI Fund in its sole discretion; (ii) Bond Issuance Fees in an amount not to exceed one percent (1%) of Bond Loan proceeds; and (iii) capitalization of loan loss reserves in an amount that is up to five percent (5%) of the par amount of the Bond Loan, or such other amount that is determined by the CDFI Fund in its sole discretion. The making of Secondary Loans by the Eligible CDFI shall also constitute an Eligible Purpose.

Examples of Eligible Purpose in a sentence

Is for an Eligible Purpose as such term is defined in the CDFI Bond Guarantee Program regulations (12 CFR 1808) and in the Bond Loan Agreement, dated , 20 , between the Qualified Issuer (as lender) and the Eligible CDFI (as borrower).
A Card can only be used by the Cardholder in whose name it has been issued and should only be used for an Eligible Purpose.
The CDFI Fund included the capitalization of Loan Loss Reserves as an Eligible Purpose with the provision that Eligible CDFIs must obtain a Principal Loss Collateral Provision as collateral for this Eligible Purpose.
The proposed Secondary Loans in Exhibit A: • Are for an Eligible Purpose as such term is defined in the CDFI Bond Guarantee Program regulations (12 CFR 1808) and in the Bond Loan Agreement between the Qualified Issuer (as lender) and the Eligible CDFI (as borrower).
Any monies received by the Qualified Issuer or by the Master Servicer/Trustee from any source for payment of the Costs of any Eligible Purpose, including Proceeds relating to such Eligible Purpose, shall be deposited to the credit of the particular account of the Project Fund relating to the respective Bond.

More Definitions of Eligible Purpose

Eligible Purpose means one of the purposes specified in regulation 3(2);

Eligible Purpose means the allowable uses of Bond proceeds and Bond Loan proceeds, which includes: (i) financing or Refinancing for community or economic development purposes described in 12 U.S.C. § 4707(b) including, but not limited to, community or economic development purposes in low-income areas or underserved rural areas, as deemed eligible by the CDFI Fund in its sole discretion; (ii) bond issuance fees in an amount not to exceed one percent (1%) of Bond Loan proceeds; and (iii) capitalization of loan loss reserves in an amount that is up to five percent (5%) of the par amount of the Bond Loan, or such other amount that is

Eligible Purpose means the funding of the Borrower’s obligations to provide initial cash margin and variation cash margin pursuant to exchange-traded and over-the-counter (OTC) Hedging Arrangements, being, in each case, contracts entered into by the Borrower to hedge its exposure under contracts entered into with third parties to purchase or sell electricity or gas that support ultimate supply in the UK domestic market.

Eligible Purpose means a purpose which is accepted as eligible on completion of the Scheme Website Application Process;

Eligible Purpose means a purpose specified in regulation 3(2); ”

Eligible Purpose means each of the following purposes: (a) to refinance the financial accommodation that is governed by the Existing Senior Loan Agreements, (b) to finance the cash consideration payable under the Offer or any Options Offer or in connection with the Acquisition, (c) to refinance any financial accommodation of Xxxxxxx Xxxxxxx or its subsidiaries once Xxxxxxx Xxxxxxx is a Wholly-Owned Subsidiary, (d) to refinance any financial accommodation of Xxxxxxx Xxxxxxx or its subsidiaries once Xxxxxxx Xxxxxxx is a Subsidiary but before Xxxxxxx Xxxxxxx becomes a Wholly-Owned Subsidiary, to the extent such financial accommodation must be refinanced to ensure that the obligor thereon is not in default of its obligations under the document governing that financial accommodation or the maturity date for that financial accommodation has occurred or to ensure that the Group is not in default of its obligations under any financing arrangements, (e) to pay any transaction costs relating to the Acquisition, all debt, asset sales and related transaction costs (including all legal fees, brokerage fees, accounting fees and other advisory fees), (f) to fund the working capital requirements of the Group, (g) to make inter-company loans to Xxxxxxx Xxxxxxx and its subsidiaries once Xxxxxxx Xxxxxxx is a Subsidiary or to other Group Members for any of the purposes referred to in clauses (e) and (f) above and (h) to repay the Bridge Facilities.

Eligible Purpose means the Acquisition.