Buydown definition

Buydown means an arrangement or arrangements involving the

Buydown has the meaning set forth in Section 3.4.

Buydown means an arrangement or arrangements involving the buyer and seller in a given power purchase contract and, in some cases third parties, for consideration to be given by the buyer in order to effectuate a reduction in the pricing, or the restructuring of other terms to reduce the overall cost of the power contract, for the remaining succeeding period of the purchased power arrangement or arrangements.

Examples of Buydown in a sentence

• There are two types of incentives available to residential and non-residential customers through the California Solar Initiative Program: the Expected Performance-Based Buydown (EPBB) and the Performance-Based Incentive (PBI).

• This section contains regulations for the Business and Indus- try Buydown (BIB) loan program.

• The GM CSI Program offers two types of incentives: Expected Performance Based Buydown (EPBB) and Performance Based Incentives (PBI).

• The applicant shall use the Expected Performance Based Buydown (EPBB) calculator with monthly scalars to be determined by CTCAC, for purposes of determining the solar values to be input into the CUAC calculator.

• The applicant shall use the Expected Performance Based Buydown (EPBB) calculator with CTCAC approved monthly scalars to determine the solar values to be input into the CUAC calculator.

More Definitions of Buydown

Buydown means participation by the state in a conventional loan to an assisted business by lowering either the effective principal or interest of the loan.

Buydown means a payment to cover up to 100 percent of the difference in the purchase price between a clean alternative fuel vehicle and a comparable dedicated gasoline or diesel vehicle.

Buydown means any reduction in the Mortgagor’s monthly Mortgage Loan payment required under the Mortgage Note by reason of the deposit of funds into an escrow or pledged account to be used to supplement the Mortgagor’s monthly payment. Buydowns shall only be permitted in connection with FHA Mortgage Loans unless otherwise permitted by TSAHC.

Buydown means a cash payment to individual consumers and entities for the purchase of equipment for the production of electrical energy utilizing renewable energy technologies.

Buydown. The waiver by Purchaser (or by Seller during the Interim Period) of a portion of the indebtedness of a Mortgage Loan, which can take the form of a reduction of the principal, a credit to escrow or unapplied funds accounts, the forgiveness of accrued interest or any combination of the foregoing, and which causes the VA to pay off the remaining amount of the indebtedness owed and acquire the Mortgaged Property.

Buydown provision. The Mortgage Loan is not a graduated payment mortgage loan and the Mortgage Loan does not have a shared appreciation or other contingent interest feature;

Buydown means the waiver by Purchaser (or by or with the consent of Seller during the Interim Period) of a portion of the indebtedness of a Mortgage Loan, which can take the form of a reduction of the principal, a credit to escrow or unapplied funds accounts, the forgiveness of accrued interest or any combination of the foregoing, and which causes the VA to pay off the remaining amount of the indebtedness owed and acquire the related Mortgaged Property.