Repayment in Full. Upon the timely satisfaction of each of the Obligations, Lender shall, at Borrower’s sole cost and expense, execute and deliver to Borrower such instruments and authorizations as Borrower may reasonably require to release and terminate any security interest held by Lender securing such Obligations.
Repayment in Full. Borrower hereby promises to repay in full on the Maturity Date the then aggregate outstanding principal amount of the Loan.
Repayment in Full. In the event the then outstanding principal balance of the Loan has been repaid in full, Borrower’s right to receive the Additional Advance shall automatically terminate, and upon such termination, Borrower shall have no right to reinstate Lender’s obligation to make the Additional Advance.
Repayment in Full. Borrower shall pay all outstanding principal and accrued interest on the Loan, in full, on (i) the date an Event of Default occurs, (ii) the date the sale of the eleventh (11th) HOME-Assisted Unit to an Eligible Purchaser occurs in compliance with the terms of this Agreement or (iii) April 30, 2024, whichever occurs first; provided, however, if a HOME-Assisted Unit becomes a Rental Unit, Borrower shall pay the outstanding principal and accrued interest on the Unit Allocation for such Rental Unit upon the expiration of the Term defined in Section 4.1(c).
Repayment in Full. The total amount of the Equity Share shall immediately become due and payable, upon notice from the City, (i) in the event of a default by the Owner under this Agreement, the Promissory Note, the Deed of Trust, the Senior Lender Loan, or the City’s First-Time Homebuyer’s Promissory Note (assuming default occurs prior to thirty (30) years after the Effective Date of this Agreement); (ii) on the date Repayment Transfer is made, whether voluntarily, involuntarily, or by operation of law and whether by deed, contract of sale, gift, devise, bequest or otherwise; and/or (iii) in the event Borrower ceases to occupy the Home as his or her principal place of residence. Failure to declare such amounts due shall not constitute a waiver on the part of the City to declare them due in the event of a subsequent Repayment Transfer.
Repayment in Full. On the earliest of (i) the date on which all of the Notes are redeemed pursuant to Section 3.07, (ii) the Stated Maturity of the Notes and (iii) the acceleration of the Notes in accordance with Section 6.02 of this Indenture (the earliest of such dates being, the “Final Repayment Date”), the Company shall repay the outstanding principal amount of Notes plus a premium equal to seven percent (7.0%) of the aggregate principal amount of the remaining outstanding Notes being so repaid on the Final Repayment Date (the amount of such premium being, the “Final Repayment Premium”), plus accrued and unpaid interest on the outstanding principal amount of Notes so repaid (excluding, for greater certainty, the Final Repayment Premium), if any, to (but excluding) the Final Repayment Date, plus the Aggregate Premium Shortfall, if any.
Repayment in Full. Borrower shall pay all outstanding principal and accrued interest on the Loan, in full, on (i) the date a Transfer occurs, (ii) the date the sale of the last Unit to an Eligible Purchaser occurs in compliance with the terms of this Agreement, or (iii) December 31, 2022, whichever occurs first.
Repayment in Full. In the event that the USTDA Grant funds disbursed in connection with the Project have been repaid in full, no further Success Fee Reports shall be required.
Repayment in Full. In the event that (i) all Grant Funds are disbursed to the Contractor pursuant to the Contract, and (ii) all Disbursed Grant Funds have been repaid in full, no further Success Fee Reports will be required.
Repayment in Full. The Borrowers must repay all amounts then outstanding under the Loan in full on the Final Maturity Date.