Borrower Note definition

Borrower Note means the “Borrower Note” as defined in the Borrower Loan Agreement.

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Borrower Note means that certain Multifamily Note dated as of the Closing Date in the maximum principal amount of the Borrower Loan Amount made by Borrower and payable to Governmental Lender, as endorsed and assigned to the Funding Lender, as it may be amended, supplemented or replaced from time to time.

Borrower Note means a promissory note of a Borrower for a Student Loan set forth on the appropriate form furnished by the Guarantor which Borrower Note meets the criteria set forth by the Higher Education Act and the policies and procedures of the Guarantor.

Examples of Borrower Note in a sentence

• Notice of prepayment of the Governmental Lender Note shall be deemed given to the extent that notice of prepayment of the Borrower Note is timely and properly given to Funding Lender in accordance with the terms of the Borrower Note and the Borrower Loan Agreement, and no separate notice of prepayment of the Governmental Lender Note is required to be given.

• Reference is made to the Borrower Loan Agreement and to the Borrower Note for complete payment and prepayment terms of the Borrower Note, payments on which are passed-through under this Governmental Lender Note.

• The Borrower shall not have the right to voluntarily prepay all or any portion of the Borrower Note, thereby causing the Governmental Lender Note to be prepaid, except as specifically permitted in the Borrower Note, without the prior Written Consent of the Funding Lender, which may be withheld in the Funding ▇▇▇▇▇▇’s sole and absolute discretion.

• The Governmental Lender Note shall be payable from payments on the Borrower Note.

• The Governmental Lender makes no representations as to the necessity of registering the Governmental Lender Note or the Borrower Note pursuant to any securities laws or complying with any other requirements of securities laws.

More Definitions of Borrower Note

Borrower Note means one of such Borrower Notes.

Borrower Note means each note issued by the Issuer under this agreement. "BN Percentage" means, in respect of a date:

Borrower Note as defined in the Borrower Loan Agreement.

Borrower Note means that certain Multifamily Note dated the Closing Date in the original maximum principal amount of $[Par Amount] made by the Borrower and payable to the Governmental Lender, as endorsed and assigned without recourse to the Fiscal Agent, as it may be amended, supplemented or replaced from time to time.

Borrower Note means each promissory note, in grid note format, issued by Borrowers to each Lender in the form of Exhibit C-4, as such notes may be amended, restated, supplemented or otherwise modified from time to time.

Borrower Note means any one of the Borrower Notes).

Borrower Note means that certain [Promissory Note (Third Supplemental)] dated [ ] 1, 2025, in the original maximum principal amount of $1,784,300 made by the Borrower and payable to the Governmental Lender, as endorsed and assigned to the Fiscal Agent, for the benefit of the Funding Lender, as it may be amended, supplemented or replaced from time to time.