MMRB definition
Examples of MMRB in a sentence
Address Molecular Medicine Research Building (MMRB), ▇▇▇▇ ▇ ▇▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇.
A first mortgage loan in the amount of $7,560,000 was initially funded from the proceeds of the sale of tax‐exempt MMRB issued by FHFC with a maturity date of June 15, 2036.
Operation of the subject is restricted by terms and conditions detailed in various loan documents, including but not limited to the MMRB ▇▇▇▇, SAIL ▇▇▇▇ and ELIHA.
The first mortgage will be satisfied by the Borrower as part of the purchase of the Development and the MMRB will be redeemed in accordance with the Trust Indenture.
Cambridge manages 21 MMRB financed developments within the State of Florida and 30 nationwide.
The determination of whether a transfer of ownership of a Development shall be deemed to take place for purposes of this rule shall be made in accordance with the provisions of the MMRB Land Use Restriction Agreement and other Program Documents for such Development.
The MMRB have a variable rate of interest as determined by the Trustee in accordance with the Trust Indenture, dated March 1, 2003.
An Amended and Restated MMRB ▇▇▇▇ dated December 1, 2012, requires the following set asides for a minimum term of ten (10) years beyond the Qualified Project Period.
The MMRB ▇▇▇▇ and ELIHA must also be subordinated, as applicable, to certain ▇▇▇▇▇▇ ▇▇▇ documents.
The Applicant shall pay all costs and expenses incurred by the Corporation in connection with the issuance of the Bonds, the expenditure of the MMRB Loan proceeds, and provision of Credit Enhancement, if any, even if such costs and expenses exceed the Cost of Issuance Fee.