Promissory Note Required Sample Clauses

Promissory Note Required. The Lenders shall not provide loan funds to the Borrower prior to the completion and execution of the promissory note, Attachment “A” to this Agreement.
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Promissory Note Required. At clos- ing, the initial homeowner shall exe- cute a nonrecourse promissory note for a term of twenty years, in a form ac- ceptable to HUD, equal to the dif- xxxxxxx between the fair market value of the unit and the purchase price, pay- able to the Commissioner, together with a mortgage securing the obliga- tion of the note.
Promissory Note Required. The City shall not provide loan funds to the Borrower prior to the completion and execution of the promissory note, Attachment "A" to this Agreement.

Related to Promissory Note Required

  • Promissory Notes Any Lender may request that Loans made by it be evidenced by a promissory note. In such event, the Borrower shall prepare, execute and deliver to such Lender a promissory note payable to such Lender (or, if requested by such Lender, to such Lender and its permitted registered assigns) and in a form attached hereto as Exhibit C. Thereafter, the Loans evidenced by such promissory note and interest thereon shall at all times (including after assignment pursuant to Section 9.04) be represented by one or more promissory notes in such form payable to the payee named therein (or, if such promissory note is a registered note, to such payee and its permitted registered assigns).

  • Promissory Note The Promissory Note is enclosed. The Chief Financial Officer is required to sign it and return it to the OPWC Loan Officer, Xxxxx XxXxxx. It is preferable that you scan and email it to her at Xxxxx.XxXxxx@xxx.xxxxx.xx.xx but may also mail it to the address on our letterhead. Only use one method.

  • Loan Agreement This Agreement duly executed by Borrower and Lender.

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