Funding Loan definition

Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.
Funding Loan means the loan in the original aggregate maximum principal amount of
Funding Loan means the funds advanced by the Funding Lender to or for the account of the Governmental Lender and applied by the Governmental Lender to make the Borrower Loan.

Examples of Funding Loan in a sentence

  • The Fiscal Agent shall signify its acceptance of the duties and obligations imposed upon it by this Funding Loan Agreement by executing this Funding Loan Agreement.

  • No recourse with respect to any claim related to any obligation, duty or agreement contained in this Funding Loan Agreement or any other Funding Loan Document shall be had against any officer or employee, as such, of the Fiscal Agent, it being expressly understood that the obligations, duties and agreements of the Fiscal Agent contained in this Funding Loan Agreement and the other Funding Loan Documents are solely corporate in nature.

  • Unless otherwise expressly provided, the Fiscal Agent shall be under no obligation to analyze, review or make any credit decisions with respect to any financial statements, reports, notices, certificates or documents received hereunder but shall hold such financial statements reports, notices, certificates and documents solely for the benefit of, and review by, the Funding Lender and such other parties to whom the Fiscal Agent may provide such information pursuant to this Funding Loan Agreement.

  • The Funding Loan shall mature on the Maturity Date at which time the principal amount of the Governmental Lender Note, to the extent not previously paid, and all accrued and unpaid interest, shall be due and payable.

  • Any facsimile signature by a Person on a document, notice, demand, request or communication required or permitted by this Funding Loan Agreement shall constitute a legal, valid and binding execution thereof by such Person.


More Definitions of Funding Loan

Funding Loan is defined in the Recitals of this Funding Loan Agreement.
Funding Loan has the meaning provided in Section 4.03 hereof.
Funding Loan means the loan in the original principal amount of $ made to the Governmental Lender pursuant to this Funding Loan Agreement by the Initial Funding Lender.
Funding Loan. The loan from the Funding Lender to the Governmental Lender under the Funding Loan Agreement to provide the Governmental Lender funds to lend the Borrower Loan under the Borrower Loan Agreement.
Funding Loan means, in connection with a ▇▇▇▇▇▇▇ Mac Direct Purchase Mortgage Loan, the loan made by Borrower to a Governmental Lender pursuant to the terms of a Funding Loan Agreement which is covered by a Purchase Commitment from ▇▇▇▇▇▇▇ Mac.
Funding Loan means the loan originated hereunder by the Bank to the Governmental Lender in an aggregate principal amount of up to $[16,517,000], evidenced by the Funding Loan Note, for the purpose of enabling the Governmental Lender to make the Borrower Loan to the Borrower pursuant to the terms of the Borrower Loan Agreement.
Funding Loan means any loan advanced to the Partnership by the General Partner or HHTI for any proper Partnership purpose.