Series B-1 Governmental Lender Note definition

Series B-1 Governmental Lender Note means that certain Chula Vista Housing Authority Multifamily Housing Revenue Note (St. Regis Park Apartments) 2019 Series B-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.
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Series B-1 Governmental Lender Note means that certain Anaheim Housing Authority Multifamily Housing Revenue Note (Sea Wind Apartments) 2017 Series B-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.
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Series B-1 Governmental Lender Note means that certain Housing Authority Multifamily of the City of San Diego Housing Revenue Note (New Palace Hotel), 2017 Series B- 1, dated the Closing Date, in the original maximum principal amount of $ , made by
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Examples of Series B-1 Governmental Lender Note in a sentence

  • The Borrower Loan advances and Funding Loan advances shall be allocated first to the Series B-1 Borrower Note and the related Series B-1 Governmental Lender Note and, once the foregoing have been fully funded, then to the Series B-2 Borrower Note and the related Series B-2 Governmental Lender Note.

  • Draws on the Funding Loan and disbursements of the Borrower Loan will initially be attributed to the Series B-1 Governmental Lender Note and the Series B-1 Borrower Note until the maximum principal amount of such notes is funded, and then the Series B-2 Governmental lender Note and the Series B-2 Borrower Note will be drawn down.

  • The Series B-1 Governmental Lender Note shall be payable from payments on the corresponding Series B-1 Borrower Note, the Series B-2 Governmental Lender Note shall be payable from payments on the related Series B-2 Borrower Note and the Series B-3 Governmental Lender Note shall be payable from payments on the related Series B-3 Borrower Note.

  • In connection with Conversion, the Funding Lender shall have the right to exchange the then existing Series B-1 Governmental Lender Note on or after the Conversion Date for a new Series B-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 B-1 Governmental Lender Note, the sum of which amounts will equal the Permanent Period Amount of the Borrower Loan.

  • Class A: Class A members shall be all owners, with the exception of DSLD HOMES, L.L.C. and shall be entitled to one (1) vote for each lot owned.

Related to Series B-1 Governmental Lender Note

  • Term Lender means a Lender with a Term Commitment or an outstanding Term Loan.

  • Term Commitment means, as to each Term Lender, its obligation to make Term Loans to the Borrowers pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term Lender’s name on Schedule 2.01 under the caption “Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Term SOFR Loan means a Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.