First Fundings Sample Clauses

First Fundings. The Owner Trustee shall have duly executed, and the Indenture Trustee shall have duly authenticated and delivered to each Lender, a Note, dated the First Funding Date, in a face amount equal to such Lender's Commitment Percentage of the aggregate principal amount of the Notes, and such Notes shall mature, bear interest and be payable as provided in the Indenture. The Lenders shall have purchased the Notes and the Owner Participant shall have made available the Equity Amount for such Funding Date.
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