Examples of Project Year Initial Advance Date in a sentence
Unless at the time of any applicable Project Year Initial Advance Subordinate Lender has exercised its right to discontinue funding in accordance with Section 2.3, on each Project Year Initial Advance Date in Project Years 2014-2015, 2015-2016, 2016-2017 and 2017-2018, Subordinate Lender will advance to Borrower the first installment of the Subordinate Loan for such Project Year (the “Project Year Initial Advance”) equal to the applicable amount set forth in the applicable Project Year Funding Schedule.
Borrower hereby directs the advancement by Senior Lender of the amount of the Project Year Initial Advance on the Project Year Initial Advance Date as set forth below and, in that connection, pursuant to the certificate attached hereto certifies that, subject to the Senior Lender’s acceptance of Borrower’s proposal below, the Project Year Initial Advance Conditions have been satisfied.
Borrower hereby directs the advancement by Subordinate Lender of the amount of the Project Year Initial Advance on the Project Year Initial Advance Date as set forth below and, in that connection, pursuant to the certificate attached hereto certifies that, subject to the Subordinate Lender’s acceptance of Borrower’s proposal below, the Project Year Initial Advance Conditions have been satisfied.
Unless at the time of any applicable Project Year Initial Advance NT Senior Lender has exercised its right to discontinue funding in accordance with Section 2.3, on each Project Year Initial Advance Date in Project Years 2014-2015, 2015-2016, 2016-2017 and 2017-2018, Senior Lender will advance to Borrower the first installment of the Senior Loan for such Project Year (the “Project Year Initial Advance”) equal to the applicable amount set forth in the applicable Project Year Funding Schedule.
Unless at the time of any applicable Project Year Initial Advance GSSIF Senior Lender has exercised its right to discontinue funding in accordance with Section 2.3, on each Project Year Initial Advance Date in Project Years 2014-2015, 2015-2016, 2016- 2017 and 2017-2018, Senior Lender will advance to Borrower the first installment of the Senior Loan for such Project Year (the “Project Year Initial Advance”) equal to the applicable amount set forth in the applicable Project Year Funding Schedule.
Borrower hereby directs the advancement by Senior Lender of the amount of the Project Year Initial Advance on the Project Year Initial Advance Date as set forth below and, in that connection, pursuant to the certificate attached hereto certifies that, subject to the Senior Lender’s acceptance of Xxxxxxxx’s proposal below, the Project Year Initial Advance Conditions have been satisfied.
Borrower hereby directs the advancement by Subordinate Lender of the amount of the Project Year Initial Advance on the Project Year Initial Advance Date as set forth below and, in that connection, pursuant to the certificate attached hereto certifies that, subject to the Subordinate Xxxxxx’s acceptance of Borrower’s proposal below, the Project Year Initial Advance Conditions have been satisfied.