Governmental Note definition

Governmental Note means the Multifamily Note delivered by the Governmental Lender evidencing the Funding Loan.
Governmental Note means the Multifamily Note dated the Delivery Date, executed by the Governmental Lender and authenticated by the Fiscal Agent in favor of the Initial Funding Lender, in the form attached hereto as Exhibit A, as the same may be amended, restated, supplemented or otherwise modified from time to time, or any mortgage note executed in substitution therefor, as such substitute note may be amended, restated, supplemented or otherwise modified from time to time.
Governmental Note is defined in the Recitals of this Continuing Covenant Agreement.

Examples of Governmental Note in a sentence

  • The Funding Loan, or any interest therein, and this Governmental Note, shall be in fully-registered form transferable to subsequent holders only on the registration books which shall be maintained by the Fiscal Agent for such purpose and which shall be open to inspection by the Governmental Lender.

  • The Funding Loan, or any interest therein, and this Governmental Note, is only transferable subject to and in accordance with the limitations set forth in the Funding Loan Agreement.

  • The Obligor shall pay (but solely from the sources and in the manner provided for in the Funding Loan Agreement) the outstanding principal of this Governmental Note in full on [ 1, 20 ] (the “Maturity Date”) or at such earlier times and in such amounts as may be required, in the event of an optional or mandatory prepayment or acceleration of the Funding Loan pursuant to the Funding Loan Agreement.

  • This Governmental Note is a limited obligation of the Obligor, payable solely from the Pledged Security pledged and assigned under the Funding Loan Agreement.

  • Upon the occurrence of an Event of Default, the Fiscal Agent shall, upon the written request of the Funding Lender Representative, by notice in writing delivered to the Governmental Lender and the Borrower, declare the principal of the Funding Loan, as evidenced by the Governmental Note, and the interest accrued thereon immediately due and payable, and interest shall continue to accrue thereon until such amounts are paid.


More Definitions of Governmental Note

Governmental Note means the Multifamily Note designated as Texas Department of Housing and Community Affairs Multifamily Housing Governmental Note (Marine Park) Series 2022, dated as of the Delivery Date, executed by the Governmental Lender and authenticated by the Fiscal Agent in favor of the Initial Funding Lender, in the form attached hereto as Exhibit A, as the same may be amended, restated, supplemented or otherwise modified from time to time, or any mortgage note executed in substitution therefor, as such substitute note may be amended, restated, supplemented or otherwise modified from time to time.
Governmental Note is defined in the Recitals of this Project Loan Agreement.
Governmental Note means the Multifamily Note designated “City of Los Angeles Multifamily Note (Hope on Broadway Apartments) Series 2023D dated the Delivery Date, executed by the Governmental Lender and authenticated by the Fiscal Agent in favor of the Funding Lender, in the form attached hereto as Exhibit A, as the same may be amended, restated, supplemented or otherwise modified from time to time, or any mortgage note executed in substitution therefor, as such substitute note may be amended, restated, supplemented or otherwise modified from time to time.
Governmental Note has the meaning provided in the Recitals hereto.
Governmental Note means the [ISSUE DESIGNATION] dated the date of this Instrument, executed by Governmental Lender and authenticated by Fiscal Agent in favor of Initial Funding Lender, as the same may be amended, restated, supplemented or otherwise modified from time to time, or any mortgage note executed in substitution therefor, as such substitute note may be amended, restated, supplemented or otherwise modified from time to time.
Governmental Note means, in connection with a Freddie Mac Direct Purchase Mortgage Loan, the note from Governmental Buyer evidencing the Funding Loan.