Original Principal Amount of Note definition

Original Principal Amount of Note.   Date of Note:   Originally endorsed for insurance under Section: This Regulatory AgreementMaster Tenant (this “Agreement”) is entered into as of [__ __ ], between ___ ___, a   organized and existing under the laws of   , whose address is   , its successors, heirs, and assigns (jointly and severally) (“Master Tenant”) and the United States Department of Housing and Urban Development, acting by and through the Secretary, his or her successors, assigns or designates (“HUD”). This Agreement shall continue during such period of time as HUD shall be the owner, holder or insurer of the Note. Upon satisfaction of such Note, as evidenced by the discharge or release of the Borrower’s Security Instrument, this Agreement shall automatically terminate. However, notwithstanding such termination, Master Tenant shall remain responsible for any violations of this Agreement which occurred prior to termination.
Original Principal Amount of Note. Date of Note: Originally endorsed for insurance under Section This Healthcare Regulatory Agreement – Operator (this “Agreement”) is entered into this ____ day of __________, 20__, between __________, a __________ organized and existing under the laws of __________, whose address is , its successors, heirs, and assigns (jointly and severally) (“Operator”) and the U.S. Department of Housing and Urban Development, acting by and through the Secretary, his or her successors, assigns or designates (“HUD”). If Operator is also Borrower, references to “Borrower” herein shall refer to Operator and the Borrower’s Regulatory Agreement, as defined below, is incorporated herein by this reference. [Use the following language when Operator is not the same legal entity as Borrower: In consideration of HUD’s consent to the Borrower-Operator Agreement, HUD and Operator agree to the terms of this Agreement.] HUD and Operator execute this Agreement in order to comply with Program Obligations, with the requirements of the National Housing Act, as amended, and the regulations adopted by HUD pursuant thereto. This Agreement shall continue during such period of time as HUD shall be the owner, holder, or insurer of the Note. Upon satisfaction of the Note, as evidenced by the discharge or release of the Borrower’s Security Instrument, this Agreement shall automatically terminate. However, Operator shall be responsible for any violations of this Agreement which occurred prior to termination. Violations of this Agreement or Program Obligations may subject Operator and other signatories hereto to adverse actions.
Original Principal Amount of Note. Date of Note: Originally endorsed for insurance under Section This Agreement entered into this ____ day of __________, 20 , between __________ __________ whose address is __________, hereinafter called Borrower and the undersigned Secretary of Housing and Urban Development, hereinafter called Secretary. In consideration of the endorsement for insurance by the Secretary of the above described Note or in consideration of the consent of the Secretary to the conveyance of the property improved with the fire safety equipment, and in to comply with the requirements of Section 232(i) of the National Housing Act and the Regulations adopted by the Secretary pursuant thereto, the Borrower agrees for itself, its successors and assigns, that so long as the Contract of Insurance under Section 232(i) continues in effect, and during such further period of time as the Secretary shall be holder of the above note: Borrower shall promptly make all payments due under the Note and Security Instrument/Mortgage/Deed of Trust, if any. Borrower shall not without prior written approval of the Secretary: Transfer, dispose of or encumber any of the property improved with the fire safety equipment. Any such transfer shall be only to a person or persons or corporation satisfactory to, and approved by, the Secretary. Any approved transferee shall assume all obligations under this Agreement and under the insured Note and Security Instrument/Mortgage/Deed of Trust, if any. Subordinate the lien of the Fire Safety Equipment Loan to any other lien. Create any superior or inferior lien to the Security Instrument/Mortgage/Deed of Trust, if any. Borrower shall not file any petition in bankruptcy, or for a receiver, or in insolvency, or for reorganization or composition, or make any assignment for the benefit of creditors or to a trustee for creditors; or permit an adjudication in bankruptcy, the taking possession of the mortgaged property or any part thereof by a receiver, or the seizure and sale of the mortgaged property or any part thereof under judicial process or pursuant to any power of sale and fail to have such adverse actions set aside within 45 days. Borrower shall maintain separate accounts relating to the purchase and installation of fire safety equipment and the loan financing such purchase and installation, and shall keep the books and records for the project in which the equipment is installed in reasonable condition for proper audit and subject to examination and inspection at an...

Examples of Original Principal Amount of Note in a sentence

  • SUBSCRIPTION AMOUNT: Original Principal Amount of Note: $ 220,000.00 Purchase Price: $ 200,000.00 IN WITNESS WHEREOF, the undersigned Buyer and the Company have caused this Agreement to be duly executed as of the date first above written.

  • SUBSCRIPTION AMOUNT: Original Principal Amount of Note: $ 38,500.00 Purchase Price: $ 35,000.00 IN WITNESS WHEREOF, the undersigned Buyer and the Company have caused this Agreement to be duly executed as of the date first above written.

  • Original Principal Amount of Note: $[ ] GENETIX PHARMACEUTICALS INC.

  • Nothing herein shall restrict or impair a court’s power SUBSCRIPTION AMOUNT: Original Principal Amount of Note: $ 550,000.00 Purchase Price: $ 500,000.00 IN WITNESS WHEREOF, the undersigned Buyer and the Company have caused this Agreement to be duly executed as of the date first above written.

  • DOJ Oklahoma I Evaluation at vi-vii, 36-51.fully eliminated and whether there are objective criteria to ensure that competitive local exchange carriers (“CLECs”) will continue to have nondiscriminatory access to the facilities and services they will need from the BOC in order to enter and compete in the local exchange market.

  • Nothing herein shall restrict or impair a court’s power SUBSCRIPTION AMOUNT: Original Principal Amount of Note: $ 55,000.00 Purchase Price: $ 50,000.00 IN WITNESS WHEREOF, the undersigned Buyer and the Company have caused this Agreement to be duly executed as of the date first above written.

  • SUBSCRIPTION AMOUNT: Original Principal Amount of Note: $ 165,000.00 Purchase Price: $ 150,000.00 IN WITNESS WHEREOF, the undersigned Buyer and the Company have caused this Agreement to be duly executed as of the date first above written.

  • Original Principal Amount of Note Subscribed For: $500,000.00 Acknowledged and Accepted: INVESTOR: The Sanguine Group LLC.

  • SUBSCRIPTION AMOUNT: Original Principal Amount of Note: $ 285,000.00 Purchase Price: $ 285,000.00 IN WITNESS WHEREOF, the undersigned Buyer and the Company have caused this Agreement to be duly executed as of the date first above written.

  • SUBSCRIPTION AMOUNT: Original Principal Amount of Note: $ 125,000 Purchase Price: $ 112,500 IN WITNESS WHEREOF, the undersigned Buyer and the Company have caused this Agreement to be duly executed as of the date first above written.


More Definitions of Original Principal Amount of Note

Original Principal Amount of Note. Date of Note: Originally endorsed for insurance under Section Borrower: Profit-Motivated ___ Non-Profit ___ Is Non-Profit Xxxxxxxx permitted to take Distributions? Yes___ No___ (Failure to check the appropriate space(s) shall not affect the enforceability or application of this Agreement.) Is the mortgage insurance premium reduced based on the Borrower’s commitment to meet certain energy performance standards? Yes___ No___ If yes, then Borrower is required to annually report regarding its compliance with applicable standards for continued application of lower MIP rates. Such periodic reporting requirements are set forth in Exhibit C, “Addendum to Regulatory Agreement, Borrower’s Obligation to Maintain Project’s Energy Performance as Consideration for MIP Reduction,” which is incorporated by reference and made a part hereof. This Supplemental Healthcare Regulatory Agreement – Borrower (this “Agreement”) is entered into this ____ day of __________, 20 , between __________, a __________ organized and existing under the laws of __________, whose address is __________, its successors, heirs, and assigns (jointly and severally) (“Borrower”) and the U.S. Department of Housing and Urban Development, acting by and through the Secretary, his or her successors, assigns or designates (“HUD”). Borrower is sometimes also referred to as “Owner” or “Mortgagor” in the Loan Documents and Program Obligations. If Borrower is also Operator, references in this Agreement to Operator refer to Borrower. To the extent that Borrower contracts with any other party to perform any functions included in this Agreement, Borrower shall maintain ultimate responsibility for performance of all required functions included herein. In consideration of, and in exchange for an action by HUD, HUD and Xxxxxxxx agree to the terms of this Agreement. The HUD action may be one of the following: HUD’s endorsement for insurance of the Note, HUD’s consent to the transfer of any of the Mortgaged Property, HUD’s sale and conveyance of any of the Mortgaged Property, or HUD’s consent to other actions related to Borrower, the Project, or to the Mortgaged Property. Borrower and HUD execute this Agreement in order to comply with Program Obligations, with the requirements of the National Housing Act, as amended, and the regulations adopted by HUD pursuant thereto. This Agreement shall continue during such period of time as HUD shall be the owner, holder, or insurer of the Note. Upon satisfaction of the Note, as e...
Original Principal Amount of Note. Originally endorsed for insurance under Section . Date of Note: This Regulatory Agreement (this “Agreement”) is entered into as of [ ], between , a organized and existing under the laws of , whose address is , its successors, heirs, and assigns (jointly and severally) (“Operator”) and the United States Department of Housing and Urban Development, acting by and through the Secretary, his or her successors, assigns or designates (“HUD”). If Operator is also the Borrower, references to “Borrower” herein shall refer to Operator and Borrower’s Regulatory Agreement, as defined below, is incorporated herein by this reference.
Original Principal Amount of Note. Originally endorsed for insurance under Section . Date of Note: This Master Tenant Regulatory Agreement Master Tenant (this “Agreement”) is entered into as of [ ], between , a organized and existing under the laws of , whose address is , its successors, heirs, and assigns (jointly and severally) (“Master Xxxxxx”) and the United States Department of Housing and Urban Development, acting by and through the Secretary, his or her successors, assigns or designates (“HUD”).
Original Principal Amount of Note. Originally endorsed for insurance under Section . Date of Note: Borrower: Profit-Motivated Public Body Non-Profit (Failure to check the appropriate space shall not affect the enforceability or application of this Agreement.) Deleted: <sp>Under Sections 207, 220, 221(d)(4), 231 and 232, Except Nonprofits¶ Section Break (Continuous) <sp>1. Form of Mortgagor¶ <#>Corporate Mortgagor - any form of Corporate Charter may be used which:¶ (1)contains nothing inconsistent with the Regulatory Agreement,¶

Related to Original Principal Amount of Note

  • Original Principal Amount means $365,700,000 for the Class A-1 Notes, $388,000,000 for the Class A-2a Notes, $150,000,000 for the Class A-2b Notes, $472,300,000 for the Class A-3 Notes and $124,000,000 for the Class A-4 Notes.

  • Initial Principal Amount means, with respect to any Series or Class (or Subclass) of Notes, the aggregate initial principal amount of such Series or Class (or Subclass) of Notes specified in the applicable Series Supplement.

  • Aggregate Principal Amount means, as of any date of calculation, the principal amount or Accreted Value of the Bonds referred to.

  • Collateral Principal Amount means on any date of determination (A) the aggregate principal balance of the Portfolio, including the funded and unfunded balance on any Delayed Funding Term Loan or Revolving Loan, as of such date plus (B) the amounts on deposit in the Accounts (including cash and Cash Equivalents) representing Principal Proceeds as of such date minus (C) the aggregate principal balance of all Ineligible Investments as of such date.

  • Principal amount financed means the unpaid cash price balance after deducting the down payment, adding the cost of any insurance premiums required or obtained as security for or by reason of the sale of a motor vehicle under an installment sale contract, and adding other costs necessary or incidental to the sale of the motor vehicle under the contract that the seller contracts to pay on behalf of the buyer and for the amount of which the seller agrees to extend credit to the buyer and for which the buyer contracts voluntarily.