FINANCING OF MANCHESTER PROJECT Sample Clauses

FINANCING OF MANCHESTER PROJECT. 4.1 Tax Credits. Developer has obtained an allocation of federal 9% Tax Credits in connection with the construction, development and operation of the Project as an apartment complex to be reserved for occupancy by Very Low and Low Income Households at an Affordable Rent. After competitive bidding pursuant to Section 310.4(a) of the Original Agreement, Authority has approved PNC MultiFamily Capital Institutional Fund XXXVIII Limited Partnership and Columbia Housing SLP Corporation, an Oregon corporation to act as Developer’s tax credit investors and limited partners (collectively, “Investor Limited Partner”).
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Related to FINANCING OF MANCHESTER PROJECT

  • 01 of the Credit Agreement Section 1.01 of the Credit Agreement is hereby amended as follows:

  • Amendments to the Credit Agreement (a) Section 1.01 of the Credit Agreement, Definitions, is hereby amended by adding the following definitions in the appropriate alphabetical order:

  • The Credit Agreement The Notes executed by the Borrower and delivered on the date hereof. The documents described in the foregoing clauses (a) and (b) are collectively referred to herein as the “Opinion Documents.” We have also reviewed originals or copies of such other agreements and documents as we have deemed necessary as a basis for the opinion expressed below. In our review of the Opinion Documents and other documents, we have assumed:

  • Amendments to the Existing Credit Agreement Upon, and subject to, the satisfaction or waiver in accordance with Section 9.02 of the Existing Credit Agreement of the conditions precedent set forth in Section 2 below, the Existing Credit Agreement is hereby amended as follows: (a) The following new definition is included in Section 1.01 of the Existing Credit Agreement in the proper alphabetical order as follows:

  • Amendments to Existing Credit Agreement Effective on (and subject to the occurrence of) the Effective Date, the Existing Credit Agreement is hereby amended in accordance with this Part II. Except as so amended, the Existing Credit Agreement shall continue in full force and effect.