Permanent Loan definition

Permanent Loan shall have the meaning assigned to that term in Section 2.16.1.
Permanent Loan means any permanent loan provided by the Permanent Lender to the Partnership pursuant to the terms of the Permanent Loan Documents.
Permanent Loan means a loan of property to a museum for an indefinite period.

Examples of Permanent Loan in a sentence

  • Additionally, Borrower shall be liable to Greystone for any and all losses, damages, costs, and expenses, including but not limited to reasonable attorneys fees that Greystone suffers or incurs as a result of its inability, as a result of Borrower’s action or failure to act or that of Borrower’s agent to close the Permanent Loan in accordance with this Commitment.

  • Notwithstanding the above, the Permanent Loan is expected to be less than $4 million.

  • Interest that accrues on the Permanent Loan at the Revised Interest Rate in excess of that accruing at the Interest Rate ("Excess Interest") shall be due and payable on the Permanent Loan Maturity Date unless paid earlier out of excess cash flow from the Lake Pointe Property.

  • The maturity date for the Permanent Loan (the "Permanent Loan Maturity Date") shall be the date which is the 30-year anniversary of the eleventh (11th) day of the first monthly payment date with respect to the Permanent Loan.

  • MATURITY DATE: The anticipated repayment date for the Permanent Loan shall be the 10th anniversary of the first monthly payment date with respect thereto (the "Anticipated Repayment Date").


More Definitions of Permanent Loan

Permanent Loan means a loan to a museum for an indefinite
Permanent Loan means the Source of Financing in the form of a permanent loan to be made to the Developer at Conversion, secured against the Leasehold by the Permanent Loan Deed of Trust.
Permanent Loan has the meaning set forth in Section 1.1(d)(i).
Permanent Loan means a loan or loans taken out by the T1 Subsidiary to pay off the Construction Loan, or any replacements or refinancings thereof.
Permanent Loan or "Loan" means a loan to a borrower under the Florida Home Ownership Assistance Program's Permanent Loan Program as more fully described in Rule Chapter 67-46, F.A.C.
Permanent Loan means the permanent financing obtained by Borrower.
Permanent Loan means a repayable, amortizing loan, with a loan term of at least 15 years to the project or homebuyer, evidenced by a note and mortgage or deed of trust.