Examples of Bond Mortgage Loan in a sentence

Payment of the Fee Component with respect to each Bond Mortgage Loan is current and no such fees are currently due and payable.
No expenditures paid by the Borrower more than 60 days prior to the Official Action Date in connection with the equipping or rehabilitation of the Project by the Borrower (other than architect’s fees and other preliminary expenditures allowed under Section 1.150-2 of the Regulations) will be reimbursed directly or indirectly by the proceeds of the Bonds or the Bond Mortgage Loan.
Amounts on deposit in the Bond Mortgage Loan Fund shall be disbursed from time to time by the Trustee for the purpose of paying Costs of the Project.
The Trustee shall effect a redemption of Bonds pursuant to the Indenture at the earliest practical date for which notice may be given thereunder but in no event later than 35 days following its receipt of money representing an optional prepayment of the Bond Mortgage Loan.
No amount shall be charged against the Bond Mortgage Loan Fund except as expressly provided in this Section 2.11 and Section 4.02.

More Definitions of Bond Mortgage Loan

Bond Mortgage Loan. ' means, with respect to each issue of Bonds, the loan by the Issuer to the Owner with respect to the Project in an amount equal to the aggregate principal amount of such issue of Bonds.

Bond Mortgage Loan means the loan in the original amount of $14,000,000 by the Issuer to the Borrower pursuant to the Financing Agreement, as evidenced by the Bond Mortgage Note and secured by the Bond Mortgage.

Bond Mortgage Loan means the loan to the Owner pursuant to the Bond Mortgage Loan Documents, which Bond Mortgage Loan is to be assigned to the Trustee.

Bond Mortgage Loan means the loan made by the Issuer to the Borrower pursuant to the Financing Agreement for the purpose of providing funds to the Borrower to finance costs of the acquisition, construction and equipping of the Project.