USBCDC definition
Examples of USBCDC in a sentence
This Agreement may not be modified, amended or otherwise altered except by written agreement executed by USBCDC and Purchaser.
Purchaser shall deliver written notice to USBCDC upon the occurrence of any Put Availability Event, advising USBCDC of the availability of the Investment Fund Put (the “Put Availability Notice”).
If, (i) prior to the end of the Put Exercise Period (Meredian), USBCDC does not deliver a Put Exercise Notice (Meredian), or (ii) following the delivery of a Put Exercise Notice (Meredian), the Investment Fund Put (Meredian) is not consummated on or before the earlier of (a) the Investment Fund Put Closing Date (Meredian), or (b) ninety (90) days following the mailing of the Put Exercise Notice (Meredian).
Any payment received by any Guarantor in violation of this Guaranty shall be received by the person to whom paid in trust for USBCDC, and such Guarantor shall cause the same to be paid to USBCDC immediately on account of the Obligations.
Borrower, Lenders and USBCDC (and their respective representatives) may, during normal business hours, examine all books and records pertaining to the disbursements made hereunder and make extracts therefrom and copies thereof.
With respect to liability coverage, Borrower shall cause its insurer to identify the following entities as “additional insureds”: Lender, Utah Community Reinvestment Corporation, a Utah nonprofit corporation, Investment Fund and USBCDC.
Each Guarantor hereby waives notice of acceptance of this Guaranty by USBCDC and this Guaranty shall immediately be binding upon each Guarantor.
On or about the date hereof, USBCDC will make an equity investment in the amount of $6,581,250 in the Investment Fund.
By: Name: Title: USBCDC RENEWABLE ENERGY COMPLIANCE CERTIFICATE usbancorp.
The New Markets Tax Credits claimable by USBCDC in connection with the Equity Investment have allowed USBCDC to indirectly make the Equity Investment in the CDEs on more favorable terms, which in turn has allowed the CDEs to provide the QLICI Loan to the Borrower on more favorable terms, and, as a result, each Guarantor stipulates it shall substantially benefit, directly or indirectly, from the making of the Equity Investment in the CDE.