TIF Loan Agreement definition

TIF Loan Agreement means that certain Tax Increment Financing Loan Agreement dated November 14, 1997, by and between Seller and the TIF Lender, as amended by that certain First Amendment to Tax Increment Financing Loan Agreement dated as of March 12, 1998, and that certain Letter Agreement dated December 15, 1997.
Sample 1

Examples of TIF Loan Agreement in a sentence

  • Borrower(s) will also be required to sign a Small Cap TIF Loan Agreement, Land Use Restriction, Escrow Agreement and Note.

  • The Developer shall cooperate with the City in the City’s preparation of such borrowing request forms and draw request documents as the TIF Lender may require under the TIF Loan Agreement in order to permit the City to draw down the proceeds of the TIF Loan under the TIF Loan Agreement for deposit into the Construction Loan Escrow Account.

  • Available Incremental Taxes in the TIF Fund shall only be used to repay the TIF Lender for TIF Loan proceeds drawn down by and disbursed to the City, and interest due thereon, and other TIF-eligible costs payable under the TIF Loan Agreement.

  • Notwithstanding the foregoing, the City shall, notwithstanding the occurrence of an Event of Default or anything contained in this Agreement to the contrary, continue to make payments on the City Note to the TIF Lender and to any permitted assignee and holder of the City Note in accordance with the terms of the City Note and the TIF Loan Agreement until the sooner to occur of (a) the City Note’s repayment in full, and (b) the maturity date of the City Note.

  • The City, in submitting borrowing requests under the TIF Loan Agreement, shall comply with the limitations set forth in this Section 4.03(d).

  • Subject to the terms and conditions of this Agreement, including but not limited to this Section 4.02 and Section 5 hereof and the terms and conditions of the TIF Loan Agreement, the City hereby agrees to issue the City Note to the TIF Lender on the Closing Date to evidence borrowings from the TIF Lender for the uses described in Section 4.02(a).

  • Such payments shall be made in accordance with this Agreement, the TIF Loan Agreement, the City Note and the Program Ordinance until the City Note is paid in full, or the City’s obligation to make further payments has terminated.

  • The City agrees to use, in the amounts set forth in Section 4.02 hereof, (i) Available Incremental Taxes (except as the same may be pledged to make payments with respect to the City Note), and (ii) the proceeds of borrowings of the TIF Loan to pay for or reimburse the Developer for the costs of TIF-Funded Improvements pursuant to the terms and conditions of this Agreement, the Program Ordinance, the TIF Loan Agreement and the City Note.

  • The actual amount due and outstanding shall be the amount disbursed from time to time by the TIF Lender to the City under the TIF Loan Agreement, plus any accrued interest thereon, minus any payments made with respect thereto.

  • The Program Ordinance authorizes the City’s borrowing under the TIF Loan Agreement, the City’s issuance of the City Note (defined as the “Revenue Note” in the Program Ordinance) to the TIF Lender and pledge of certain revenues in repayment thereof, and the City’s entry into certain guaranty agreements with the guarantor of the TIF Loan.

Related to TIF Loan Agreement

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Original Loan Agreement has the meaning set forth in the Recitals to this Agreement.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Prior Loan Agreement is defined in Recital A.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Agency loan agreement means any agreement pursuant to

  • Loan Agreements means any other loan agreements entered into by and between the Trust and one or more of the Borrowers pursuant to which the Trust will make Loans to such Borrowers from moneys on deposit in the Project Fund, excluding the Project Loan Account, financed with the proceeds of the Trust Bonds.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Construction Loan Agreement means the Construction Loan Agreement between Lender and Borrower for construction on the Land.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • Original Loan Documents means the “Loan Documents” as defined in the Original Credit Agreement.

  • Credit Agreement has the meaning assigned to such term in the preliminary statement of this Agreement.

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • Term Loan Documents means the “Loan Documents” as defined in the Term Loan Credit Agreement.