Examples of Bond Mortgage Note in a sentence
Each Bond Mortgage Note provides for computation of interest on the basis of a 360-day year comprised of twelve 30-day months to the maturity date of the Bond Mortgage Note.
The Finance Officer is hereby authorized and directed to accept the Bond Mortgage Note.
With the prior written consent of the Credit Facility Provider, in whole or in part, upon optional prepayments on the Bond Mortgage Loan in accordance with the prepayment restrictions set forth in the Bond Mortgage Note and the Financing Agreement on the first Business Day of any month, at a redemption price equal to 100% of the principal amount thereof, plus accrued interest thereon, to the redemption date.
Note Receivable - Bond Mortgage Note On June 29, 2011, the Authority executed a note receivable with Broadway Plaza LLLP in the original amount of $7,000,000, concurrent with the sale of tax exempt revenue bonds (Housing Revenue Bonds, 2011 (Broadway Plaza Project)) in the principal amount of$7,000,000.
Notwithstanding the provisions of Sections 8.03 and 8.04 hereof, the Trustee shall not execute or acknowledge or consent to, as applicable, any amendment to the Borrower’s payment obligations under the Financing Agreement or any modification to or substitution for the Bond Mortgage Note without first obtaining a written confirmation from the Rating Agency that its then rating on the Bonds will not be adversely affected by such amendment, modification or substitution.