Qualified project definition

Qualified project means the construction or expansion of any capital project of the Borrower or any of its Restricted Subsidiaries, the aggregate actual or budgeted capital cost of which (in each case, including capital costs expended by the Borrower or any such Restricted Subsidiaries prior to the construction or expansion of such project) exceeds $50,000,000.
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Qualified project means an eligible project which has been selected by the bank to receive a loan or other financial assistance from the bank to defray an eligible cost.
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Qualified project means a qualified low-income building as
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Examples of Qualified project in a sentence

  • The Issuer and the Owner hereby recognize and declare their understanding and intent that the Project is to be owned, managed and operated as a "residential development," as such term is defined in Section 394.003(13) of the Act, and in compliance with applicable restrictions and limitations as provided in the Act and the rules of the Issuer, until the expiration of the Qualified Project Period or for as long as any portion of the Bonds remains outstanding and unpaid, whichever is longer.

  • The Issuer and the Owner hereby recognize and declare their understanding and intent that the Project is to be owned, managed and operated as a "residential development," as such term is defined in Section 394.003(13) of the Act, and in compliance with applicable restrictions and limitations as provided in the Act and the rules of the Issuer, until the expiration of the Qualified Project Period or for as long as any portion of the Note remains outstanding and unpaid, whichever is longer.

  • Eligibility Certifications will be maintained for the duration of the Qualified Project Period on file by the Developer with respect to each Qualifying Tenant who resides in a residential unit or resided therein during the for the duration of the Qualified Project Period.

  • The Owner will prepare and submit to the Issuer on or before each February 1 until the end of the Qualified Project Period, or at such other times as required by the Issuer, a Certification of Compliance in substantially the form attached to the CDLAC Conditions, executed by an authorized representative of the Owner and the Issuer shall submit such report to CDLAC annually on or before March 1, or at such other times as required by CDLAC.

  • The Owner covenants and agrees not to sell, transfer or otherwise dispose of the Project prior to the expiration of the Qualified Project Period or the date on which the Bonds have been paid in full, whichever is later, without (i) complying with any applicable provisions of the Loan Documents and (ii) obtaining the prior written consent of the Issuer.


More Definitions of Qualified project

Qualified project means a qualified low‑income building as that term is defined in Section 42 of the Internal Revenue Code of 1986, as amended, that is located in South Carolina and receives approval for tax credits from the South Carolina Housing and Finance Development Authority provided pursuant to this section.
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Qualified project means a capital outlay project recommended by the CIB to the Finance Authority for financial assistance that is primarily intended to develop Colonias infrastructure. A Qualified Project may include a water system, a wastewater system, solid waste disposal facilities, flood and drainage control, roads or housing infrastructure pursuant to NMSA 1978, § 6-30-3(G), as amended, but does not include general operation and maintenance, equipment, housing allowance payments or mortgage subsidies.
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Qualified project means an eligible project which has been selected by the authority to receive a loan or other financial assistance from the authority to defray an eligible cost.
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Qualified project means a qualified low-income building, as defined in § 42(c) of the Internal
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Qualified project means a qualified code improvement,
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Qualified project means the location in the state of one or more
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Qualified project means a Water Pollution Abatement Project undertaken by a Participating Local Government Unit and identified on the Intended Use Plan Project Listing after the enactment of the Enabling Act.
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