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(m) "LCDA/TBRA Loan Disbursement Agreement" — That agreement, whether verbal or written, between City, Borrower and, if applicable, the Title Company which provides for disbursement of the LCDA/TBRA Loan. (n) "LIHTC Equity Funds" — The portion of the Tax Credit Equity Borrower is depositing with the Title Company as of the date hereof, totaling Eight Hundred Eighty-Six Thousand Six Hundred Sixty-Three and No/100 Dollars ($886,663). (o) "Remaining Tax Credit Equity" — The Tax Credit Equity minus the LIHTC Equity Funds, which will not be deposited with the Title Company but will be used by Borrower for deferred projects and costs. (p) "Second City HRA Loan" — A loan from City HRA in the original principal amount of [_a portion of Three Hundred Fifty Thousand and No/100 Dollars ($350,000.00)_]. (c� "Tax Credit Equity" — A total of Eight Million Eight Hundred Sixty-Six Thousand Six Hundred Thirty-Four and No/100 Dollars ($8,866,634.00) of low income housing tax credits funds. (r) "TCAP Loan" — A loan from the TCAP Program in the original principal amount of Three Million Six Hundred Seventy-Six Thousand Five Hundred and No/100 Dollars ($3,676,500.00). (s) "TCAP Loan Disbursement Agreement" — That agreement, whether verbal or written, between 1V�IFA, Borrower and, if applicable, the Title Company which provides for disbursement of the TCAP Loan. (t) "U.S. Bank Loan" — A loan from U.S. Bank in an original principal amount of [ Nine Million and No/100 Dollars ($9,500,000.00)._] (u) "U.S. Bank Loan Disbursement Agreement" — That agreement, whether verbal or written, between U.S. Bank, Borrower and, if applicable, the Title Company which provides for disbursement of the U.S. Bank Loan. 2. MHFA End Loan. The parties hereto acknowledge that MHFA has only entered into the End Loan Commitment and that the loan documents to be executed and delivered in connection therewith have not been executed or delivered and that the conditions of the End Loan Commitment to disbursement of the End Loan funds have not yet been satisfied. The parties hereto understand and agree that the End Loan funds shall not be disbursed until all of the terms and conditions of the End Loan Commitment which are conditions precedent to disbursement of the End Loan Loan have been fully satisfied. Borrower and MHFA have requested the Title Company to supervise the disbursement of the End Loan funds hereunder, which are to be used to repay the U. S. Bank Loan. 3. Order of Priority for Disbursement. The Title Company has been, or will be from time to time, supplied with the proceeds of the Loans, and shall disburse such funds in the following order of priority: tb.us.4533336.03 4 Master Disbursement Agreement