Permanent Commitment definition

Permanent Commitment means a commitment that vests legal custody of a child in the department of youth services.

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Permanent Commitment means the commitment letter from the Permanent Lender to Borrower dated _______________.]

Permanent Commitment means the commitment from the Permanent Funding Lender to the Borrower pursuant to which the Permanent Funding Lender has agreed to purchase the Tax- Exempt Funding Loan following the Conversion Date, subject to the terms and conditions set forth therein, as such commitment may be amended, modified or supplemented from time to time.

Examples of Permanent Commitment in a sentence

The Permanent Commitment is unmodified, is in full force and effect, and all conditions to the effectiveness or continuing effectiveness thereof required to be satisfied by the date hereof have been satisfied.
The Developer shall also provide the DDA with a copy of the Permanent Commitment from the Permanent Lender within ten (10) days after the Permanent Commitment is signed by the Developer (such permanent commitment shall not be delivered if such financing is approved after Developer Completes the Project).
CONDITIONS TO LOANS AND LETTERS OF CREDIT Conditions Precedent to the Effectiveness of This Agreement and Initial Extension of Credit Under the Interim /Permanent Commitment.
Borrower shall deliver to Lender a true and correct copy of any commitment (a "Permanent Commitment") to purchase or refinance the Loan or to make any equity contribution, the proceeds of which will be used to pay the Loan in full or in part.
Evidence satisfactory to Lender that the proceeds of the Loan, together with Required Equity Funds, will be sufficient to cover all Property Costs reasonably anticipated to be incurred, to satisfy the requirements of the Required Leases and Permanent Commitment and to satisfy the obligations of Borrower to Lender under this Agreement.

More Definitions of Permanent Commitment

Permanent Commitment means the commitment letter for the Permanent Loan issued by Permanent Lender to Borrower.

Permanent Commitment means the loan Application/Commitment dated April 18, 1997, issued by the Permanent Under with regard to the Permanent Loan.

Permanent Commitment means a commitment that vests 16

Permanent Commitment contained in Section 1.1 of the Credit Agreement is hereby deleted in its entirety and the following definition is hereby substituted in lieu thereof:

Permanent Commitment means that certain Bond Purchase Agreement dated 2016 among Permanent Lender, ▇▇▇▇▇▇ and Borrower with respect to the Permanent Loan.

Permanent Commitment means the commitment for permanent financing provided to the Developer from the Permanent Lender providing permanent financing for the Project, which meets the following conditions: (a) all application fees, other fees, costs and expenses to procure the Permanent Commitment have been paid by the Developer to the extent due and (b) the Developer has advised the DDA in writing that it has accepted and signed the Permanent Commitment. {28460/21/D1055494.DOC;2} 4

Permanent Commitment has the meaning set forth in Section 6.14.