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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 MatchesFirm 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. 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. Commitment feeCommitment feeThe fee a lender charges for promising to make a loan. CommitmentCommitmentA promise by a lender to make a loan with specific terms for a specified period. 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. Further SuggestionsStandby commitmentProduction flow commitment Loan commitment Loan commitment |
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