1981-040 CRA - Laserfiche WebLink

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. . . . . " ",-"""V', , Recoveries of Principal means all am.ounts received by or for the Agency on account of any Loan to Lender as (i) the result of the acceleration of the due date or Prepayment of such Loan to Lender and (i i) any and a 11 other moneys received or recovered as a result of proceedings taken in the event of default by the Lender on such Loan to Lender, but, unless the date of such Loan to Lender has been accelerated, shall n.ot include scheduled payments of principal and interest (irrespective of when such payments shall be received) on any such Loan to Lender or charges or penalties received in the event of a default in the payment thereof. Redemption Date means the date, as specified by notice given pursuant to Section 403, upon which Bonds are called pri.or t.o maturity t.o be presented for redemption and payment of the Redemption Price. Redemption Price means, with respect to any B.ond or portion thereof, the principal amount of such Bond or portion, plus the applicable premium, if any, payable upon redemption thereof. Refunding Bonds means all Bonds, whether issued in one or more series, authenticated and delivered on original issuance pursuant to Section 211 and issued in lieu of or in substitution for Bonds pursuant to the Resolution. Requisition means an order duly executed by an Authorized Officer directing the Trustee t.o pay money from one of the Funds established herein. Residence means real property improved with one or more residential structures and located in one of the Projects, the financing of which is or may hereafter be permitted under the Act; Residence includes a condominium dwelling unit. Residential Construction means the constructi.on of new Residences meeting requirements of Toca1 codes and the Redevelopment Plan for the Project Area which has been adopted by the City Council of the City. Resolution means this Resolution, as from time to time amended or supplemented by Supplemental Resolutions in accordance with the terms hereof. Revenue Fund means the Fund so designated which is established and created by Section 501. 'Rules and Regulations means those rules and regulations, as amended, adopted by the Agency in connection with its Mortgage Loan Program. Sellers' Guide means the Sellers' Guide which governs the the inclusion of Mortgage Loans in the Mortgage L.oan Pool. Servicers' Guide means the guide for the servicing of Mortgages. Sinking Fund means the Fund by that name which is established and created by Section 501. 12