Subsequent Payments. (a) If the entire amount of Assistance is not paid at Closing, the Recipient must request a subsequent payment (“Subsequent Payment Request”). All Subsequent Payment Requests must be received by the CDFI Fund no later than 30 days prior to end of the Period of Performance.
Appears in 3 contracts
Samples: Assistance Agreement (Shared Capital Cooperative), Performance Goals and Reporting, Performance Goals and Reporting
Subsequent Payments. (a) If the entire amount of CDFI RRP Assistance is not paid at Closing, the Recipient must request a subsequent payment (“Subsequent Payment Request”). All Subsequent Payment Requests must be received by the CDFI Fund no later than 30 days prior to end of the Period of Performance. If the Recipient does not request payment of all of the CDFI RRP Assistance by said date, the CDFI Fund, in its sole discretion, may terminate its obligation to pay said funds.
Appears in 3 contracts
Samples: Assistance Agreement (Shared Capital Cooperative), Disclaimer, www.cdfifund.gov
Subsequent Payments. (a) If the entire amount of Assistance is not paid at Closing, the Recipient must request a subsequent payment (“Subsequent Payment Request”). All Subsequent Payment Requests must be received by the CDFI Fund no later than 30 days prior to end of the Period of Performance. If the Recipient does not request payment of all of the Assistance by said date, the CDFI Fund, in its sole discretion, may terminate its obligation to pay said funds.
Appears in 2 contracts
Samples: www.cdfifund.gov, www.cdfifund.gov