FDFC definition
Examples of FDFC in a sentence
Neither FDFC nor FIRST FEDERAL is subject to, nor has it received any notice or advice that it is or may become subject to, any order, agreement or memorandum of understanding of any federal or state agency having supervisory or regulatory authority with respect to FDFC or FIRST FEDERAL.
The failure of LEADER have recorded intervening assignments of the MORTGAGE LOAN will not cause a delay in the subsequent release of any MORTGAGE LOAN or otherwise subject FDFC to any liabilities or costs.
For the limited purposes of administering the FDFC PACE Program and imposing non-ad valorem special assessments as described in this Agreement, the legal boundaries of ▇▇▇▇ shall include the legal boundaries of the City, which legal boundaries may be limited, expanded, or more specifically designated from time to time by the City.
True and correct copies of all leases in respect of the LEASED REAL PROPERTY (the "REAL PROPERTY LEASES") and all attachments, amendments and addenda thereto have been delivered by LEADER to FDFC.
The unpaid balances of the MORTGAGE LOANS held by LEADER or serviced for others by LEADER are as stated in the mortgage files to be delivered to FDFC.
Since December 31, 1997, there have been no material adverse changes in the financial condition, assets, liabilities, obligations, properties, business or prospects of FDFC and its consolidated subsidiaries, taken as a whole.
To the extent that ▇▇▇▇ or FDFC issues bonds under its own authority in connection with this Agreement, the security for such bonds may be secured by non-ad valorem special assessments imposed by ▇▇▇▇ on participating properties within the legal boundaries of the City.
The FDFC PACE Program, this Agreement and the Interlocal Agreement are non-exclusive for the City, meaning the City specifically reserves the right to join any other entity providing a similar program under Section 163.08, Florida Statutes, or create its own program under Section 163.08, Florida Statutes.
LEADER has granted FDFC access to all records of all meetings and other corporate actions occurring before the EFFECTIVE TIME by the shareholders, Board of Directors and Committees of the Board of Directors of LEADER.
The purpose of this Agreement is to facilitate the financing of qualifying im- provements through a PACE program, in accordance with Section 163.08, Florida Statutes (the "Qualifying Improvements"), and provide an efficient process for real property owners within the legal boundaries of the City to access the Florida Development Finance Corpo- ration (FDFC) PACE Program (the “FDFC PACE Program”) and permit ▇▇▇▇ to ▇▇▇▇ assessments for the FDFC PACE Program within such legal boundaries.