Examples of Governmental Note Amortization Schedule in a sentence
The unpaid principal balance of the Series 2021 Funding Loan shall be paid on the dates and in the amounts set forth on the initial Series 2021 Governmental Note Amortization Schedule provided on the Series 2021 Delivery Date and attached as Schedule 1 to the Series 2021 Governmental Note if the Conversion Date occurs on or prior to the initial Forward Commitment Maturity Date.
In the event the initial Series 2021 Governmental Note Amortization Schedule is modified in accordance with this Section 2.01(e), a replacement Series 2021 Governmental Note Amortization Schedule will be provided by the Xxxxxxx Xxx Xxxxxx/Servicer which will be attached to the Series 2021 Governmental Note on the Conversion Date.
The unpaid principal balance of the Series 2022 Funding Loan shall be paid on the dates and in the amounts set forth on the initial Series 2022 Governmental Note Amortization Schedule provided on the Series 2022 Delivery Date and attached as Schedule 1 to the Series 2022 Governmental Note if the Conversion Date occurs on or prior to the initial Forward Commitment Maturity Date.
In the event the initial Governmental Note Amortization Schedule is modified in accordance with this Section 2.01(e), a replacement Governmental Note Amortization Schedule will be provided by the Freddie Mac Seller/Servicer which will be attached to the Governmental Note on the Conversion Date.
Additionally, in the event the outstanding principal amount of the Funding Loan on the Conversion Date is less than the starting principal amount set forth in the initial Governmental Note Amortization Schedule, a new Governmental Note Amortization Schedule will be generated on the Conversion Date at such lesser outstanding principal amount based on the parameters set forth in the Freddie Mac Commitment.
Provision should be made for suitable methods of evalua- tion, follow-up and control of Community aid.
If the Forward Commitment Maturity Date is extended by Freddie Mac in accordance with the Freddie Mac Commitment and the Construction Phase Financing Agreement, the first principal payment date under the Governmental Note Amortization Schedule shall automatically be extended to the first day of the month immediately succeeding the Conversion Date (with the succeeding principal installments remaining consistent with the original schedule, but occurring on later dates).
The unpaid principal balance of the Funding Loan shall be paid on the dates and in the amounts set forth on the initial Governmental Note Amortization Schedule provided on the Delivery Date and attached as Schedule 1 to the Governmental Note if theConversion Date occurs on or prior to the initial Forward Commitment Maturity Date.