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Take Out Commitment |
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Take Out CommitmentAgreement by a lender to place a long term (take out) loan on real property after completion of construction.Take Out Commitment Similar MatchesLoan commitmentLoan commitmentA promise by a lender or other financial institution to make or insure a loan for a specified amount and on specific terms. Specific commitmentSpecific commitmentUnder the GATS, the identification of a category of services in which a country will apply national treatment and assure market access for foreign service providers. Production flow commitmentProduction flow commitmentAn agreement by the loan purchaser to allow a monthly loan quota to be delivered in batches. Advance commitmentAdvance commitmentA promise to sell an asset before the seller has lined up purchase of the asset. This seller can offset risk by purchasing a futures contract to fix the sales price approximately. Firm commitment underwritingFirm commitment underwritingAn underwriting in which an investment banking firm commits to buy and sell an entire issue of stock and assumes all financial responsibility for any unsold shares. Further SuggestionsCommitmentCommitment fee Loan commitment Standby commitment |
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