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PAYMENT DEPENDENT COMMUNITY IMPACT NOTE FOR LOAN TO: Southwest Bible Church AGGREGATE PRINCIPAL OF SERIES OF NOTES: Up to 6,400,000.00LOAN DATE: DATE MATURITY: DATE NFL BORROWER: Southwest Bible Church
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Payment dependent community impact refers to the assessment of how a payment or transaction can affect a community, particularly in terms of economic, social, and environmental aspects.
Certain businesses and organizations that make payments or transactions with significant community impacts may be required to file a payment dependent community impact report.
To fill out a payment dependent community impact report, businesses need to provide detailed information about the payment or transaction, as well as the potential community impacts.
The purpose of payment dependent community impact assessment is to ensure that businesses are aware of and accountable for the effects of their payments or transactions on the communities in which they operate.
Information that must be reported on a payment dependent community impact includes the amount of the payment or transaction, the parties involved, the potential impacts on the community, and any mitigation measures taken.
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