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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 MatchesProduction flow commitmentProduction flow commitmentAn agreement by the loan purchaser to allow a monthly loan quota to be delivered in batches. 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. 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. Loan commitmentLoan commitmentA promise by a lender or other financial institution to make or insure a loan for a specified amount and on specific terms. CommitmentCommitmentA promise by a lender to make a loan with specific terms for a specified period. Further SuggestionsStandby commitmentCommitment fee Loan commitment Firm commitment underwriting |
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