Common use of Senior Note Clause in Contracts

Senior Note. the [Multifamily Note] delivered by Borrower to Senior Lender evidencing the Senior Loan, in the maximum amount of $[ ], accruing at an interest rate not exceeding [ ] percent ([ ]%), amortized over thirty (30) years, with a maturity date of [ ].

Senior Note. the [Multifamily Note] delivered by Borrower to Senior Lender evidencing the Senior Loan, in the maximum amount of $[ ], accruing at an interest rate not exceeding [ ] percent ([ ]%), amortized over [thirty (30) )] years, with a maturity date of [ ].