EB‐5 Financing
EB‐5 Financing. Any funds obtained from foreign nationals under the EB‐5 Program and loaned to the Owner Entity for the development of the Proposed Project. EB‐5 Financing may be used to facilitate the obtainment of senior debt financing for the Proposed Project and may be subordinated to senior debt financing by written agreement between the Owner Entity and the EB‐5 Lender Entity. All such EB‐5 Financing is required to be repaid to the EB‐5 Lender Entity within ninety (90) days after the fifth (5th)...
View More
All Definitions
Found in
NORTH BAY RESOURCES INC contract