Final Commitment Letter definition

Final Commitment Letter means a letter issued by CalHFA to memorialize the terms and conditions relating to the use of Program Funds and conditions relating to a proposed Development and units reserved for Eligible Clients, including (a) the terms and conditions of the Loan and COSR approval; (b) any reserve requirements, (c) the required Loan lien priority; and (d) any special conditions related to the Development financing or scope of rehabilitation or construction.
Final Commitment Letter has the meaning set forth in Section 4.5.
Final Commitment Letter means a letter issued by OCCR to memorialize the terms and conditions relating to the loans made out of Fund 12A and conditions relating to a proposed development and units reserved for Eligible Clients, including: (a) the terms and conditions of the loan and COSR approval; (b) any reserve requirements;

Examples of Final Commitment Letter in a sentence

  • Following CalHFA approval and the Development’s receipt of a CTCAC allocation (if applicable), CalHFA will issue a Final Commitment Letter.

  • It includes a list of items that must be submitted and approved to the Agency prior to issuing the Final Commitment Letter.

  • Cosio Carballo reminded the Council that at the June Council meeting in Miami-Dade County, the discussion was on regional water issues.

  • Note: The Final Commitment Letter can be amended for specific items (including extensions) and a single project can have multiple Final Commitment Letters.

  • The Final Commitment Letter is issued within 30 days of finalizing the Carryover Agreement.

  • This Closing Agenda is subject to any terms and conditions contained in NCHFA’s Final Commitment Letter and such other conditions as Lender may impose and will be modified to fit the scope of each project (i.e., items may be added or deleted).

  • Certification of Energy Efficiency Program, if applicable This Closing Agenda is subject to any terms and conditions contained in NCHFA’s Final Commitment Letter and such other conditions as Lender may impose and will be modified to fit the scope of each project (i.e., items may be added or deleted).

  • Kane County will then issue a Final Commitment Letter for the amount of the deferred loan and a clear to close.

  • Applicants with a conditional commitment for financing will have 12 months from the issuance of the Conditional Commitment Letter, to fulfill the terms, prior to the issuance of a Final Commitment Letter.

  • If the applicant wishes to participate in a different energy efficiency certification program, the program must be reviewed and approved by the Agency prior to the issuance of a Final Commitment Letter.


More Definitions of Final Commitment Letter

Final Commitment Letter means a letter issued by CalHFA to memorialize the terms and conditions relating to the use of Program Funds and conditions relating to a proposed Development and units reserved for Eligible Clients, including: (a) the terms and conditions of the Loan and COSR approval; (b) any reserve requirements; (c) the required Loan lien priority; and (d) any special conditions related to the Development financing or scope of rehabilitation or construction.

Related to Final Commitment Letter

  • Equity Commitment Letter has the meaning set forth in Section 3.4(a).

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Commitment Letters has the meaning set forth in Section 4.5.

  • Commitment Letter has the meaning set forth in Section 5.7.

  • Incremental Commitment Agreement means each Incremental Commitment Agreement in substantially the form of Exhibit F (appropriately completed, and with such modifications as may be reasonably satisfactory to the Administrative Agent) executed and delivered in accordance with Section 2.14.

  • Debt Commitment Letter has the meaning set forth in Section 4.20.

  • Backstop Commitment Agreement means that certain Backstop Commitment Agreement, by and between CEOC and the PropCo Preferred Backstop Investors party thereto from time to time, as the same may be amended, amended and restated, supplemented, or otherwise modified from time to time in accordance with its terms, the form of which shall be included in the Plan Supplement.

  • Equity Commitment Letters has the meaning set forth in Section 6.6(a).

  • Debt Commitment Letters shall have the meaning set forth in Section 5.7(a), as supplemented by Section 6.11, as applicable.

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Financing Commitment shall have the meaning set forth in Section 6.4.

  • Financing Commitments has the meaning set forth in Section 5.7.

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).

  • Financial Commitment means the legally binding undertaking of the Operator to mobilize the financial requirements of the project, for ensuring the completion of the project;

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Existing Commitment shall have the meaning provided in Section 2.17.

  • Repayment Agreement means an agreement

  • Additional Commitment Lender shall have the meaning provided in Section 2.15(c).

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Replacement Letter of Credit means any letter of credit issued pursuant to a Replacement Revolving Facility.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Revolving Commitment Amount means, as to any Lender, the Revolving Commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.1 hereto (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 16.3(c) or (d) hereof, the Revolving Commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement).

  • L/C Commitment Amount has the meaning given to that term in Section 2.3.(a).

  • Backstop Commitment has the meaning set forth in Section 2.2(b).