Examples of Leverage Lender in a sentence
In November 2017, the Organization invested along with 10 other Habitat affiliates, in a joint venture (HFHI NMTC Leverage Lender 2016-1, LLC) to take advantage of New Markets Tax Credit (NMTC) financing.
Approve the creation of a special purpose entity limited liability company (SPE LLC) to function as the NMTC Leverage Lender with Transaction Costs to be paid from the NMTC financing proceeds.
NMTC Leverage Lender (the entity which provided debt to the NMTC-related investment fund) for the project.
The Bonds shall be limited obligations of the Authority payable by it solely from revenues and income derived by or for the account of the Authority from or for the account of the Leverage Lender pursuant to the terms of the Bond Agreement and the Note, including, without limitation, (i) all payments by the Leverage Lender on the Note or pursuant to the terms of the Bond Agreement and (ii) all amounts held from time to time in the trust funds, and the investment earnings thereon.
In 2017, AECF-ECLF Leverage Lender I LLC (“Leverage Lender”) was established as a joint venture through total capital contributions of $10,000.
We assume the ―private equity‖ portion of the leverage loan would be repaid with available cash flow after the loan was repaid.4. The flowchart also shows a Lender (in addition to a Leverage Lender) lending directly to the QALICB.
In December 2013, the Organization entered into a joint venture agreement, along with two other Habitat Affiliates, with HFH Northeast 1 Leverage Lender, LLC (“Joint Venture”) in order to receive funding from Citibank (CITI) to financially assist the Organization and the two Habitat Subsidiarys with building new low- income housing in the neighborhoods they individually serve.
Third, the strong push of the reform plan towards marketisation under ‘freedom of choice’ has been criticised both by political actors and by legal experts.
A Resolution authorizing an Economic Development Fund Place-based/Mixed-use Loan in the amount not-to-exceed $2,500,000.00 to Link59 Leverage Lender, LLC for the benefit of the Phoenix Building Project, located at the intersection of East 61st Street and Euclid Avenue, Cleveland; authorizing the County Executive and/or Director of Development to execute all documents consistent with said loan and this Resolution; and declaring the necessity that this Resolution become immediately effective.
Dissolution: Upon the dissolution of the Washington Academy of General Dentistry, the assets shall be distributed for one or more exempt purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code, or corresponding section of any future federal tax code, or shall be distributed to the federal government, or to a state or local government, for a public purpose.