Credit Authority definition

Credit Authority means any arrangement made by agreement between the Municipality and a Customer for the payment of any arrears in instalments. Such arrangement may take the form of an agreement or an acknowledgment of debt;
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Credit Authority means any arrangement made by written agreement for the payment of any arrears in instalments, concluded between a customer and the Municipality;
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Credit Authority means the dollar amount of low-income housing tax credits available for allocation by OHCS for any calendar year and can include estimates of future amounts.
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Examples of Credit Authority in a sentence

  • The State’s Annual Tax Credit Authority is typically insufficient to fund all Applications.

  • The federal government establishes the State Annual Credit Authority which limits the dollar amount of tax credits that ADOH may allocate to qualifying Projects and detailed eligibility standards and priority uses for available tax credits.

  • The federal government establishes the State Annual Credit Authority which limits the dollar amount of tax credits that ADOH may allocate to qualifying Projects, and detailed eligibility standards and priority uses for available tax credits.

  • The State’s Annual Tax Credit Authority is typically insufficient to fund all applications.

  • On appointment to a higher post, employees who have signed a Credit Authority shall increase their instalments on the Credit Authority in accordance with their new salary increase.

  • For any given development, MHDC, in its sole discretion, may choose not to allocate any State LIHTC or State LIHTC in an amount up to the imposed statutory limit, as it deems necessary for the financial feasibility of the development.The anticipated amount of the Annual 9% Credit Authority for Missouri will be announced in the NOFA to precede the application round.

  • The customer may then pay the current arrears or make arrangements to pay same over a maximum period of three months, via a Credit Authority.

  • The following guidelines apply equally to projects competing for an allocation of credits under HPD’s Credit Authority and to “as-of-right” credits for tax-exempt bond financed projects.

  • Firstly, Rowan Williams argues that contemporary economic language has a totalising approach that often threatens to reduce all kinds of discourse to its terms.

  • The Credit Authority shall be terminated if a debtor relocates from the property.


More Definitions of Credit Authority

Credit Authority means authority to incur direct loan obligations or to incur primary loan guarantee commitments.
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Credit Authority means any arrangement made by agreement between the Municipality and a customer for the payment of any arrears in instalments. Such arrangement may take the form of an agreement, an acknowledgment of debt, or correspondence provided that it is recorded in writing and signed by an authorised official;
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Related to Credit Authority

  • Investment authority means the responsibility conferred by action of law or a provision of an appropriate governing instrument to make, select or change investments, review investment decisions made by others, or to provide investment advice or counsel to others;

  • Contract Authority means the Board of Supervisors or the head of the department or agency presenting the proposed contract to the Board of Supervisors.

  • Host Authority means the local authority appointed by the Parties under these arrangements to lead on a specified matter or function as set out in paragraphs 14 and 19.

  • Issuing authority means the authorized representative of the department of the City who issued the solicitation.

  • Letter of Credit Application means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer.

  • Administrative authority means the state or local official responsible for the administration and enforcement of this act.

  • Port Authority means the Port Hedland Port Authority, being the body corporate established for the Port under the Port Authorities Act;

  • Letter of Credit Agreement has the meaning specified in Section 2.03(a).

  • Letter of Credit Agreements means all letter of credit applications and other agreements (including any amendments, modifications or supplements thereto) submitted by the Borrower, or entered into by the Borrower, with the Issuing Bank relating to any Letter of Credit.

  • Competent Authority and ‘Appellate Authority’ shall mean the following:

  • Appeal authority means the executive authority of the municipality or any other body or institution outside of the municipality authorised by that municipality to assume the obligations of an appeal authority for purposes of appeals lodged in terms of the Act;

  • Letter of Credit Bank means any Person who has provided a Servicer Letter of Credit pursuant to Section 4.02(b).

  • local authority means the council of a municipality that is a city, town or shire constituted under the Local Government Xxx 0000;

  • Development Authority means the New Jersey Schools

  • enforcement authority means any person or body having jurisdiction to enforce or to take action under or in respect of the relevant legal requirement.

  • Administrative agency or "agency" means each board, bureau, commission, department, or other administrative unit of the executive branch of state government, including one or more officers, employees, or other persons directly or indirectly purporting to act on behalf or under authority of the agency. An administrative unit located within or subordinate to an administrative agency must be treated as part of that agency to the extent it purports to exercise authority subject to this chapter. The term administrative agency does not include:

  • Letter of Credit Accommodations means the letters of credit, merchandise purchase or other guaranties which are from time to time either (a) issued or opened by Lender for the account of Borrower or any Obligor or (b) with respect to which Lender has agreed to indemnify the issuer or guaranteed to the issuer the performance by Borrower of its obligations to such issuer.

  • Letter of Credit Facility means, at any time, an amount equal to the amount of the Issuing Bank’s Letter of Credit Commitment at such time, as such amount may be reduced at or prior to such time pursuant to Section 2.05.