State Loans definition
Examples of State Loans in a sentence
All State Loans will comply in all respects with all applicable requirements for purchase by the state agency or instrumentality that issued a Purchase Commitment in respect thereof.
If no Bonds are outstanding and neither of the Credit Facility Agreements is in effect, such remaining sum shall be distributed to the State for repayment of the State Loans and then to Landlord and Tenant in proportion to the value of each party’s interest in the Leased Premises as determined by mutual agreement.
Weighted Average #of Principal Prin -------------------------- State Loans Balance Balance WAM Note rate DSCR TOTALS Stratification By Seasoning % of Agg.
If, at the time Tenant exercises such purchase option, any of the Bonds shall have been redeemed or paid prior to maturity or any portion of the principal of the State Loans shall have been prepaid prior to maturity, the Basic Purchase Price shall be reduced by an amount equal to the total amount of Bonds so redeemed or paid and the portion of the principal of the State Loans so prepaid.
The Office of State Loans and Investments (OSLI) administers the Agreement on behalf of the Board.
If no Bonds are outstanding and the Credit Facility Agreement is no longer in effect, such remaining sum shall be distributed to the State for repayment of the State Loans and then to Landlord and Tenant in proportion to the value of each party's interest in the Leased Premises as determined by mutual agreement.