HTF Loan definition

HTF Loan shall have the definition given that term in Section 6.9(d)(v) of this Agreement.
HTF Loan has the meaning as set forth in Section 3.1.1.
HTF Loan means the construction and permanent loan made by ADFA to Owner pursuant to the HTF Agreement.

Examples of HTF Loan in a sentence

  • If the Guarantors fail to pay any amount owing under this Guaranty, the Corporation shall have all of the rights and remedies provided by law or under any other agreement relating to the HTF Loan.

  • Wichita GP has obtained the Consent of AHF to the terms and forms of the HTF Loan Documents.

  • Wichita GP irrevocably and unconditionally guarantees and covenants that the Partnership shall obtain the HTF Loan on the terms set forth in the Financing Summary concurrently with the execution of this Agreement.

  • Exhibit F also identifies the relative priority of both the Declaration of Restrictive Covenants described in Section 4.2 and the Mortgage and other security instruments securing the HTF Loan vis-à-vis the other Permitted Encumbrances.

  • Proceeds of the HTF Loan will only be released to Owner for actually incurred HTF Program-eligible project costs.

  • The Affordability Period (as defined below) and the Declaration of Restrictive Covenants, as outlined in Section 4.2 below, shall continue irrespective of any pre-payment of the HTF Loan.

  • The Guarantors acknowledge that, they have presented to the Corporation their audited financial statements in connection with the Corporation’s provision of the HTF Loan and that, such statements accurately and correctly present the financial condition of the Guarantors as of the date thereof and that no material events have occurred which make the statements inaccurate or which jeopardize the ability of the Guarantors to provide the financial support anticipated hereunder.

  • This Guaranty is made in the amount of Five Hundred Thousand and no/100 Dollars ($500,000.00), which is the full amount of the HTF Loan committed by the Corporation as of the date of this Guaranty, together with all other payments, damages, costs and expenses described herein and in the other Loan Documents, as defined hereinafter.

  • ADFA’s HTF Loan is intended as construction and permanent financing.

  • The HTF Loan must be secured by a promissory note (the “Note”), a second-position mortgage in a form acceptable to ADFA (the “Mortgage”), the Declaration of Restrictive Covenants and other ancillary documents pertaining thereto.

Related to HTF Loan

  • ▇▇▇▇▇▇▇▇ Loan means a Subsidized ▇▇▇▇▇▇▇▇ Loan or an Unsubsidized ▇▇▇▇▇▇▇▇ Loan.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Sub-loan means a loan made or proposed to be made out of the proceeds of the Loan to a Beneficiary for a Development Project;

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.