Continuing Covenant Agreement definition

Continuing Covenant Agreement means the Continuing Covenant Agreement dated as of the date hereof by and between the Borrower and the Initial Funding Lender, as the same may be amended, modified or supplemented from time to time.

Continuing Covenant Agreement means the Continuing Covenant Agreement to be executed by Borrower and Permanent Funding Lender at Conversion.

Continuing Covenant Agreement means (i) prior to the Conversion Date, the Construction Continuing Covenant Agreement, and (ii) from and after the Conversion Date, the Freddie Mac Continuing Covenant Agreement.

Examples of Continuing Covenant Agreement in a sentence

• Net Proceeds resulting from casualty to or condemnation of the Project shall be applied as provided in the Continuing Covenant Agreement and, to the extent consistent therewith, Section 3.01(b)(i) hereof.

• To the extent directed in writing by the Funding Lender Representative, to the reimbursement of any unreimbursed advances made by or on behalf of the Funding Lender pursuant to the Continuing Covenant Agreement or the Security Instrument.

• All words and phrases (except for Event of Default) defined in the Funding Loan Agreement and the Continuing Covenant Agreement shall have the same meanings for the purposes of this Project Loan Agreement.

• The Fiscal Agent shall have no right or duty to determine whether any requested disbursement from the Project Loan Fund complies with the terms, conditions and provisions of the Construction Continuing Covenant Agreement.

• Notwithstanding anything to the contrary in this Continuing Covenant Agreement, no Transfer will be permitted under Article VII unless the provisions of this Section 6.13 are satisfied at all times.

More Definitions of Continuing Covenant Agreement

Continuing Covenant Agreement means (i) prior to the Conversion Date, the Construction Continuing Covenant Agreement, and (ii) from and after the Conversion Date, the Xxxxxxx Mac Continuing Covenant Agreement.

Continuing Covenant Agreement means the Continuing Covenant Agreement between the Corporation as Obligated Group Agent on behalf of itself and each Member of the Obligated Group, and U.S. Bank National Association, as the Purchaser of the Bonds, as the same may be amended, restated or otherwise modified from time to time pursuant to the terms thereof and, after the Initial Indexed Term Put Rate Period, any other agreement entered into by the Corporation and the Purchaser with respect to the establishment of a new Indexed Term Put Rate Period, if any.

Continuing Covenant Agreement means this Continuing Covenant Agreement.

Continuing Covenant Agreement means the continuing covenant

Continuing Covenant Agreement is defined in the Recitals of this Project Loan Agreement.

Continuing Covenant Agreement means (i) prior to the Conversion Date, the Construction Disbursement Agreement, and (ii) from and after the Conversion Date, the Permanent Loan Agreement.

Continuing Covenant Agreement means, commencing on April 28, 2017 through the Initial BBH Period Ending Date, the Third Amended and Restated Continuing Covenant Agreement dated as of April 28, 2017, between the Successor Agency and the Bank Bond Holder, as it may be amended or supplemented from time to time in accordance with its terms, and during any Index Rate Mode Period other than the Initial BBH Period, means any agreement between the Successor Agency and the Bank Bond Holder that may be designated as the Continuing Covenant Agreement.