Examples of Tax Credit Investor Equity in a sentence
Tax Credit Investor Equity$ 2,303,29548%Total Sources$ 4,899,295 Usesd.
Subject to the rights of Senior Lenders, and to the extent of additional subordinate loan proceeds, equity or surplus development sources following the Final Cost Certification, no later than ten (10) days after the date Borrower receives its final Tax Credit Investor Equity contribution, Borrower shall pay to the County one-hundred percent (100%) of the Net Excess Proceeds, as a special repayment of the Loan.
Subject to the rights of Senior Lenders, and to the extent of additional subordinate loan proceeds, equity or surplus development sources following the Final Cost Certification, no later than ten (10) days after the date Borrower receives its final Tax Credit Investor Equity contribution, Borrower may use one- hundred percent (100%) of the Net Excess Proceeds, to pay down the HTSV Loan.
The Developer intends to utilize Tax Credit Investor Equity to partially finance the Development, which are subject to a competitive application process implemented by TCAC.