Funding Note Sample Clauses

Funding Note. A debt obligation representing all or a portion of the “regular interest” in a REMIC, which obligation is secured by PCs or GNMA-Related Securities and provides for Xxxxxxx Mac to receive payments on such PCs or GNMA-Related Securities in such amounts as are necessary to amortize the principal amount of, and pay accrued interest on, such debt obligation.
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Funding Note. Funding for task 4.1.1 will come from the DISTRICT Cooperative agreement number 06CS0000022 between the DISTRICT and COUNTY.
Sample 1
Funding Note. Minimum Asset Coverage Ratio pro forma Asset Coverage Ratio (before payments pursuant to Section 1.06(d) of Ratable Financing Costs to be capitalized) Asset Coverage Ratio (after payments pursuant to Section 1.06(d) of Ratable Financing Costs to be capitalized, if any) Funding Note Principal Due Opening Principal Balance of Funding Note plus: Advances Minus: Prepayments Subtotal: Principal Balance of Funding Note minus: Principal distributed to Funding Note equals: Ending Principal Balance of Funding Note
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Funding Note. ..............................................................................8
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Funding Note 
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Related to Funding Note

  • REMIC Certificate Maturity Date Solely for purposes of satisfying Section 1.860G-1(a)(4)(iii) of the Treasury Regulations, the "latest possible maturity date" of the regular interests in the Upper-Tier REMIC, Middle-Tier REMIC and Lower-Tier REMIC is October 25, 2035.

  • Simple Interest Mortgage Loans None of the Mortgage Loans are simple interest Mortgage Loans.

  • Calculation of Principal Amount of Notes The aggregate principal amount of the Notes, at any date of determination, shall be the principal amount of the Notes at such date of determination. With respect to any matter requiring consent, waiver, approval or other action of the holders of a specified percentage of the principal amount of all the Notes, such percentage shall be calculated, on the relevant date of determination, by dividing (a) the principal amount, as of such date of determination, of Notes, the holders of which have so consented, by (b) the aggregate principal amount, as of such date of determination, of the Notes then outstanding, in each case, as determined in accordance with the preceding sentence, and Section 13.06 of this Indenture. Any calculation of the Applicable Premium made pursuant to this Section 2.13 shall be made by the Company and delivered to the Trustee pursuant to an Officers’ Certificate.

  • Prepayment of Notes No prepayment of the Notes may be made except to the extent and in the manner expressly provided in this Agreement.

  • Repayment of Notes Each of the parties hereto agrees that all repayments of the Notes (including any accrued interest thereon) by the Company (other than by conversion of the Notes) will be paid pro rata to the holders thereof based upon the principal amount then outstanding to each of such holders.

  • Floating Rate Notes If this Note is specified on the face hereof as a “Floating Rate Note”:

  • Supplemental Loan If this Loan Agreement is entered into in connection with a Supplemental Loan and if the same Person is or becomes both Senior Lender and Supplemental Lender, then:

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