Examples of Recovery Determination in a sentence
Named Project and in operating and administering the Named Project after Practical Completion, the Grant Recipient must observe and comply with Legislation, the applicable terms of the Affordable Housing Capital Funding Guide, the Recovery Determination and the Consents.
The Stated Principal Balance of any Mortgage Loan as to which the related Mortgaged Property has been liquidated and as to which a Final Recovery Determination has been made will be zero on each date following the Due Period in which the Final Recovery Determination is made.
For Relevant Event 8(f) – see the Recovery Determination - the GLA will make a judgement as to whether the error is of sufficient size to warrant repayment; this will normally include any sum greater than£500.
The different types of funding listed here are referred to collectively in the Recovery Determination and this Guide as “Capital Grant” or just “grant”.
For (c) to (i) the GLA will require repayment of all or part of the current balance (and for (c) and (d) additionally any grant from the RCGF already spent by the RP using processes or for purposes which do not comply with those set out in the Recovery Determination and this guide.