Series A-1 Governmental Lender Note definition

Series A-1 Governmental Lender Note means that certain Austin Housing Public Facility Corporation Multifamily Mortgage Revenue Note (Cairn Point at Cameron) Series 2023A- 1, dated the Closing Date, in the original principal amount of $ , made by the Governmental Lender and payable to the Funding Lender, as executed by the Governmental Lender on the Closing Date and as it may thereafter be amended or supplemented from time to time.

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Series A-1 Governmental Lender Note means that certain Austin Housing Public Facility Corporation Multifamily Mortgage Revenue Note (Escuela Nueva), Series 2024A-1, dated the Closing Date, in the original principal amount of $ , made by the Governmental Lender and payable to the Funding Lender, as executed by the Governmental Lender on the Closing Date and as it may thereafter be amended or supplemented from time to time.

Series A-1 Governmental Lender Note or “Tax-Exempt Governmental Lender Note” shall mean that certain Chula Vista Housing Authority Multifamily Housing Revenue Note (Columba Apartments) 2021 Series A-1, dated the Closing Date, in the original maximum principal amount of $ , made by the Governmental Lender and payable to the Funding Lender, as executed by the Governmental Lender and as it may thereafter be amended or supplemented from time to time.

Examples of Series A-1 Governmental Lender Note in a sentence

Except for the Initial Note for the Series A-1 Governmental Lender Note, which shall be numbered IA1-1, the Series A-1 Governmental Lender Note shall be numbered consecutively from RA1-1 upwards.
In connection with Conversion, the Funding Lender shall have the right to exchange the then existing Series A-1 Governmental Lender Note and Series A-2 Governmental Lender Note on or after the Conversion Date for a new Series A-1 Governmental Lender Note with a dated date of the Conversion Date and in a stated principal amount equal to the Permanent Period Amount.
In connection with Conversion, the Funding Lender shall have the right to exchange the then existing Series A-1 Governmental Lender Note and Series A-2 Governmental Lender Note on or after the Conversion Date for a new Series A-1 Governmental Lender Note‌ with a dated date of the Conversion Date and in a stated principal amount equal to the Permanent Period Amount.
In connection with Conversion, the Funding Lender shall have the right to exchange the then existing Series A-1 Governmental Lender Note on or after the Conversion Date for a new Series A-1 Governmental Lender Note with a dated date of the Conversion Date and in a stated principal amount equal to the then outstanding principal amount of the Series A-1 Governmental Lender Note, which amount will equal the Permanent Period Amount of the Borrower Loan.
The Series A-1 Governmental Lender Note shall be payable from payments on the corresponding Series A-1 Borrower Note and the Series A-2 Governmental Lender Note shall be payable from payments on the related Series A-2 Borrower Note.
Draws on the Funding Loan and disbursements of the Borrower Loan will initially be attributed to the Series A-1 Governmental Lender Note and the Series A-1 Borrower Note until the maximum principal amount of such notes is funded, and then the Series A-2 Governmental lender Note and the Series A-2 Borrower Note will be drawn down.
In connection with Conversion, the Funding Lender shall have the right to exchange the then existing Series A-1 Governmental Lender Note and the Series A-2 Governmental Lender Note on or after the Conversion Date for a new Series A-1 Governmental Lender Note with a dated date of the Conversion Date and in a stated principal amount equal to the Permanent Period Amount.
In connection with Conversion, the Funding Lender shall have the right to exchange the then existing Series A-1 Governmental Lender Note on or after the Conversion Date for a new Series A-1 Governmental Lender Note with a dated date of the Conversion Date and in stated principal amounts equal to the then outstanding principal amounts of the Series A-1 Governmental Lender Note, the sum of which amounts will equal the Permanent Period Amount of the Borrower Loan.
The Borrower Loan advances and Funding Loan advances shall be allocated first to the Series A-1 Borrower Note and the related Series A-1 Governmental Lender Note and, once the foregoing have been fully funded, then to the Series A-2 Borrower Note and the related Series A-2 Governmental Lender Note.

More Definitions of Series A-1 Governmental Lender Note

Series A-1 Governmental Lender Note means that certain Anaheim Housing Authority Multifamily Housing Revenue Note (Cobblestone Apartments) 2017 Series A-1, dated the Closing Date, in the original maximum principal amount of $ , made by the Governmental Lender and payable to the Funding Lender, as executed by the Governmental Lender on the Closing Date and as it may thereafter be amended or supplemented from time to time.

Series A-1 Governmental Lender Note means that certain Austin Housing Finance Corporation Multifamily Mortgage Revenue Note (Govalle Terrace Apartments) Series 2019 A- 1, dated the Closing Date, in the original principal amount of $8,100,000, made by the Governmental Lender and payable to the Funding Lender, as executed by the Governmental Lender on the Closing Date and as it may thereafter be amended or supplemented from time to time.

Series A-1 Governmental Lender Note or “Tax-Exempt Governmental Lender Note” shall mean that certain Anaheim Housing Authority Multifamily Housing Revenue Note (The Salvation Army Anaheim Center of Hope Apartments) 2022 Series A-1, dated the Closing Date, in the original maximum principal amount of $ , made by the Governmental Lender and payable to the Funding Lender, as executed by the Governmental Lender and as it may thereafter be amended or supplemented from time to time.