Permanent Loan Maturity Date definition

Permanent Loan Maturity Date means the date that is ten (10) years after the Conversion Date.
Sample 1

Examples of Permanent Loan Maturity Date in a sentence

  • If any consideration received by Borrower is in a form other than cash, the Additional Interest due hereunder will, nevertheless, be payable to Lender in cash.Any proceeds of a Transfer that are received by Lender before commencement of or during the appraisal process which proceeds relate to the Transfer or Permanent Loan Maturity Date triggering the appraisal, will be deposited in a joint escrow account until such time as the appraisal is issued in accordance with the above.

  • Ensuring that sampled households are identified and interviewed in an appropriate manner.

  • Any proceeds of a Transfer that are received by Lender before commencement of or during the appraisal process which proceeds relate to the Transfer or Permanent Loan Maturity Date triggering the appraisal, will be deposited in a joint escrow account until such time as the appraisa l is issued in accordance with the above.

  • Subject to the Borrower’s obligations and covenants under Article IV of this Agreement, which shall survive for the full term of the AHIF Affordability Compliance Period, the AHIF Loan and this Agreement shall have a term of at least thirty-seven (37) years and six (6) months that expires on October 1, 2056; provided, however, the term of the AHIF Loan and this Agreement shall not expire prior to the VHDA Permanent Loan Maturity Date (the “Term”).

  • Headings are for guidance only and are intended to be read or construed as per this agreement.

  • 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.

  • Unpaid Excess Interest will accrue interest at the Revised Interest Rate and shall be payable by Wellington on the Permanent Loan Maturity Date.

  • In the event the Project demonstrates a declining DSCR of 1.05 prior to the Permanent Loan Maturity Date, the Permanent LoanAmount will be sized based upon the project achieving a minimum annual DSCR of 1.05 through year 15.Exhibit BSummary of Conversion Conditions The items below are an abbreviated summary of the Conversion Conditions.

Related to Permanent Loan Maturity Date

  • Term Loan Maturity Date means the Initial Maturity Date, or, if such date has been extended pursuant to Section 2.15, such later date to which the Term Loan Maturity Date has been extended pursuant to Section 2.15.

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Term A Loan Maturity Date means July 18, 2024 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Revolving Loan Maturity Date means January 1, 2011, unless extended by Lender pursuant to any modification, extension or renewal note executed by the Borrower and accepted by Lender in its sole and absolute discretion in substitution for the Revolving Note.

  • Swing Loan Maturity Date means, with respect to any Swing Loan, the earlier of (i) the last day of the period for such Swing Loan as established by the Swing Line Lender and agreed to by the Borrower, which shall be less than 15 days, and (ii) the Revolving Facility Termination Date.

  • Term B Loan Maturity Date means December 7, 2023.

  • Tranche B Term Loan Maturity Date means June 30, 2022.

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Term Loan B Maturity Date means the earliest of (a) May 24, 2014, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Tranche A Term Loan Maturity Date means October 20, 2015.

  • Term Loan A Maturity Date means the earliest of (a) May 24, 2012, or (b) such earlier date upon which the Outstanding Amounts under the Term Loan Facility, including all accrued and unpaid interest, are required to be paid in full in accordance with the terms hereof.

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Tranche B Maturity Date means May 8, 2009, or, if such day is not a Business Day, the next preceding Business Day.

  • Term Facility Maturity Date means, as the context may require, (a) with respect to the Term B Facility in effect on the Closing Date, the Term B Facility Maturity Date and (b) with respect to any other Class of Term Loans, the maturity dates specified therefor in the applicable Incremental Assumption Agreement.

  • Facility Maturity Date means the earliest to occur of (i) the Stated Maturity Date, (ii) the date of the declaration, or automatic occurrence, of the Facility Maturity Date pursuant to Section 7.01, (iii) the Collection Date and (iv) the occurrence of the termination of this Agreement pursuant to Section 2.18(b) hereof.

  • Term Maturity Date means (a) in the case of the Initial Term Loans, February 4, 2028 and (b) in the case of any Incremental Term Facility or any Other Term Loan, the date set forth in the applicable documentation in respect thereof.

  • Revolver Maturity Date means September 21, 2023, or, as to any Revolving Credit Lender for which the Revolver Maturity Date is extended pursuant to Section 2.17, the date to which the Revolver Maturity Date is so extended or, if such day is not a Business Day, the next preceding Business Day.

  • Revolving Maturity Date means the day before the first anniversary of the Closing Date.

  • Revolving Facility Maturity Date means, as the context may require, (a) with respect to the Revolving Facility in effect on the Closing Date, the fifth anniversary of the Closing Date and (b) with respect to any other Classes of Revolving Facility Commitments, the maturity dates specified therefor in the applicable Extension Amendment or Refinancing Amendment.

  • L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • Revolving Line Maturity Date is that date which is two (2) years following the Effective Date.

  • Incremental Term Loan Maturity Date means the final maturity date of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Tranche A Maturity Date means August 4, 2005, or, if such day is not a Business Day, the next preceding Business Day.

  • Swingline Maturity Date means, with respect to any Swingline Loan, the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Class B Maturity Date means [ ] (or, if such day is not a Business Day, the next succeeding Business Day thereafter).