Program Resolution definition
Examples of Program Resolution in a sentence
Only amounts on deposit in a Project Account representing moneys of the Trust deposited therein as provided in the Financing Agreement and the Program Resolution or Bond Resolution, as applicable, shall be available to pay Costs of the applicable Project.
Amounts deposited in the Project Accounts shall be applied as provided herein and in the Program Resolution and the Bond Resolution, if applicable.
Property Owner and Capital Provider hereby agree to comply with all applicable federal, state and local lending and disclosure requirements now in effect and with the provisions of the Act, as may be amended, and the Program Resolution and Program Guidelines, as in effect on the Effective Date.
Any proceeds of the Loan or Local Governmental Obligations remaining after payment of the principal of the Interim Loan, if any, shall be deposited in the Project Account and applied by the Trust to finance or refinance Costs of the applicable Project as provided herein, in the related Project Regulatory Agreement and in the Program Resolution and the Bond Resolution, as applicable.
The Capital Provider has not received, and is not relying on, any representations of the County with respect to the Act and Program Resolution, the Property Owner, Property, the Project, the Financing, this Contract, and/or Oklahoma law.