Common use of Form of Governmental Lender Notes Clause in Contracts

Form of Governmental Lender Notes. Simultaneously with the delivery of this Funding Loan Agreement, the Governmental Lender hereby agrees to execute and deliver the Governmental Lender Notes. The Governmental Lender Notes shall be substantially in the form set forth in Exhibits A-1 and A-2 attached hereto, with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Funding Loan Agreement. 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. Except for the Initial Note for the Series A-2 Governmental Lender Note, which shall be numbered IA2-1, the Series A-2 Governmental Lender Note shall be numbered consecutively from RA2-1 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. Each Initial Note, registered by the Comptroller, shall be identical to the form of each Governmental Lender Note attached as Exhibits A-1 and A-2, except that the following paragraph will not appear in the Initial Notes: "This Governmental Lender Note shall not be entitled to any benefit under the Funding Loan Agreement or be valid or obligatory for any purpose until the Fiscal Agent shall have executed the Certificate of Authentication appearing hereon." and the following paragraph shall be added as the second-to-last paragraph to the Initial Notes: "THIS GOVERNMENTAL LENDER NOTE SHALL NOT BE VALID OR BECOME OBLIGATORY for any purpose or be entitled to any benefit or security under the Funding Loan Agreement unless the Comptroller’s Registration Certificate hereon has been executed by an authorized representative of the Texas Comptroller of Public Accounts by manual signature." In lieu of the authentication certificate of the Fiscal Agent, each Initial Note shall contain the following certificate: "REGISTRATION CERTIFICATE OF COMPTROLLER OF PUBLIC ACCOUNTS OFFICE OF THE COMPTROLLER OF § PUBLIC ACCOUNTS § REGISTER NO. THE STATE OF TEXAS § I HEREBY CERTIFY that this Governmental Lender Note has been examined, certified as to validity and approved by the Attorney General of the State of Texas, and duly registered by the Texas Comptroller of Public Accounts. Witness my signature and seal of office this . Texas Comptroller of Public Accounts (SEAL)" The provisions of Exhibit A-1 and A-2 may be rearranged or re-ordered for purposes of the Initial Notes.

Form of Governmental Lender Notes. Simultaneously with the delivery of this Funding Loan Agreement, the Governmental Lender hereby agrees to execute and deliver the Governmental Lender Notes. The Governmental Lender Notes shall be substantially in the form set forth in Exhibits A-1 and A-2 attached hereto, with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Funding Loan Agreement. 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. Except for the Initial Note for the Series A-2 Governmental Lender Note, which shall be numbered IA2-1, the Series A-2 Governmental Lender Note shall be numbered consecutively from RA2-1 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 Note‌ with a dated date of the Conversion Date and in a stated principal amount equal to the Permanent Period Amount. Each Initial Note, registered by the Comptroller, shall be identical to the form of each Governmental Lender Note attached as Exhibits A-1 and A-2, except that the following paragraph will not appear in the Initial Notes: "This Governmental Lender Note shall not be entitled to any benefit under the Funding Loan Agreement or be valid or obligatory for any purpose until the Fiscal Agent shall have executed the Certificate of Authentication appearing hereon." and the following paragraph shall be added as the second-to-last paragraph to the Initial Notes: "THIS GOVERNMENTAL LENDER NOTE SHALL NOT BE VALID OR BECOME OBLIGATORY for any purpose or be entitled to any benefit or security under the Funding Loan Agreement unless the Comptroller’s Registration Certificate hereon has been executed by an authorized representative of the Texas Comptroller of Public Accounts by manual signature." In lieu of the authentication certificate of the Fiscal Agent, each Initial Note shall contain the following certificate: "REGISTRATION CERTIFICATE OF COMPTROLLER OF PUBLIC ACCOUNTS OFFICE OF THE COMPTROLLER OF § PUBLIC ACCOUNTS § REGISTER NO. THE STATE OF TEXAS § I HEREBY CERTIFY that this Governmental Lender Note has been examined, certified as to validity and approved by the Attorney General of the State of Texas, and duly registered by the Texas Comptroller of Public Accounts. Witness my signature and seal of office this . Texas Comptroller of Public Accounts (SEAL)" The provisions of Exhibit A-1 and A-2 may be rearranged or re-ordered for purposes of the Initial Notes.

Form of Governmental Lender Notes. Simultaneously with the delivery of this Funding Loan Agreement, the Governmental Lender hereby agrees to execute and deliver the Governmental Lender Notes. The Governmental Lender Notes shall be substantially in the form set forth in Exhibits A-1 and A-2 attached hereto, with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Funding Loan Agreement. Except for the Series 2019 A-1 Initial Note for the Series A-1 Governmental Lender Note, which shall be numbered IA1-1, the Series 2019 A-1 Governmental Lender Note shall be numbered consecutively from RA1-1 upwards. Except for the Initial Note for the Series A-2 Governmental Lender Note, which shall be numbered IA2-1, the Series A-2 Governmental Lender Note shall be numbered consecutively from RA2-1 upwards. In connection with Conversion, the Funding Lender shall have the right to exchange the then existing Series 2019 A-1 Governmental Lender Note and Series A-2 Governmental Lender Note on or after the Conversion Date for a new Series 2019 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 Governmental Lender Note, which amount will equal the Permanent Period AmountAmount of the Borrower Loan. Except for the Series 2019 A2-2 Initial Note which shall be numbered IA2-1, the Series 2019 A-2 Governmental Lender Note shall be numbered consecutively from RA2-1 upwards. Each Initial Note, registered by the Comptroller, shall be identical to the form of each Governmental Lender Note attached as Exhibits A-1 and A-2, except that the following paragraph will not appear in the Initial Notes: "“This Governmental Lender Note shall not be entitled to any benefit under the Funding Loan Agreement or be valid or obligatory for any purpose until the Fiscal Agent shall have executed the Certificate of Authentication appearing hereon." ” and the following paragraph shall be added as the second-to-last paragraph to the Initial Notes: "“THIS GOVERNMENTAL LENDER NOTE SHALL NOT BE VALID OR BECOME OBLIGATORY for any purpose or be entitled to any benefit or security under the Funding Loan Agreement unless the Comptroller’s Registration Certificate hereon has been executed by an authorized representative of the Texas Comptroller of Public Accounts by manual signature." ” In lieu of the authentication certificate of the Fiscal Agent, each Initial Note shall contain the following certificate: "“REGISTRATION CERTIFICATE OF COMPTROLLER OF PUBLIC ACCOUNTS OFFICE OF THE COMPTROLLER OF § PUBLIC ACCOUNTS § REGISTER NO. THE STATE OF TEXAS § I HEREBY CERTIFY that this Governmental Lender Note has been examined, certified as to validity and approved by the Attorney General of the State of Texas, and duly registered by the Texas Comptroller of Public Accounts. Witness my signature and seal of office this . Texas Comptroller of Public Accounts (SEAL)" ” The provisions of Exhibit A-1 and A-2 may be rearranged or re-ordered for purposes of the Initial Notes.

Form of Governmental Lender Notes. Simultaneously with the delivery of this Funding Loan Agreement, the Governmental Lender hereby agrees to execute and deliver the Governmental Lender Notes. The Governmental Lender Notes shall be substantially in the form set forth in Exhibits A-1 and A-2 attached hereto, with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Funding Loan Agreement. Except for the Series 2019 A-1 Initial Note for the Series A-1 Governmental Lender Note, which shall be numbered IA1-1, the Series 2019 A-1 Governmental Lender Note shall be numbered consecutively from RA1-1 upwards. Except for the Initial Note for the Series A-2 Governmental Lender Note, which shall be numbered IA2-1, the Series A-2 Governmental Lender Note shall be numbered consecutively from RA2-1 upwards. In connection with Conversion, the Funding Lender shall have the right to exchange the then existing Series 2019 A-1 Governmental Lender Note and Series A-2 Governmental Lender Note on or after the Conversion Date for a new Series 2019 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 Governmental Lender Note, which amount will equal the Permanent Period AmountAmount of the Borrower Loan. Except for the Series 2019 A-2 Initial Note which shall be numbered IA2-1, the Series 2019 A-2 Governmental Lender Note shall be numbered consecutively from RA2-1 upwards.‌ Each Initial Note, registered by the Comptroller, shall be identical to the form of each Governmental Lender Note attached as Exhibits A-1 and A-2, except that the following paragraph will not appear in the Initial Notes: "This Governmental Lender Note shall not be entitled to any benefit under the Funding Loan Agreement or be valid or obligatory for any purpose until the Fiscal Agent shall have executed the Certificate of Authentication appearing hereon." and the following paragraph shall be added as the second-to-last paragraph to the Initial Notes: "THIS GOVERNMENTAL LENDER NOTE SHALL NOT BE VALID OR BECOME OBLIGATORY for any purpose or be entitled to any benefit or security under the Funding Loan Agreement unless the Comptroller’s Registration Certificate hereon has been executed by an authorized representative of the Texas Comptroller of Public Accounts by manual signature." In lieu of the authentication certificate of the Fiscal Agent, each Initial Note shall contain the following certificate: "REGISTRATION CERTIFICATE OF COMPTROLLER OF PUBLIC ACCOUNTS OFFICE OF THE COMPTROLLER OF § PUBLIC ACCOUNTS § REGISTER NO. THE STATE OF TEXAS § I HEREBY CERTIFY that this Governmental Lender Note has been examined, certified as to validity and approved by the Attorney General of the State of Texas, and duly registered by the Texas Comptroller of Public Accounts. Witness my signature and seal of office this . Texas Comptroller of Public Accounts (SEAL)" The provisions of Exhibit A-1 and A-2 may be rearranged or re-ordered for purposes of the Initial Notes.

Form of Governmental Lender Notes. Simultaneously with the delivery of this Funding Loan Agreement, the Governmental Lender hereby agrees to execute and deliver the Governmental Lender Notes. The Governmental Lender Notes shall be substantially in the form set forth in Exhibits A-1 and A-2 attached hereto, with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Funding Loan Agreement. 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. Except for the Initial Note for the Series A-2 Governmental Lender Note, which shall be numbered IA2-1, the Series A-2 Governmental Lender Note shall be numbered consecutively from RA2-1 upwards. In connection with Conversion, the Funding Lender shall have the right to exchange the then existing Series A-1 Governmental Lender Note and 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. Each Initial Note, registered by the Comptroller, shall be identical to the form of each Governmental Lender Note attached as Exhibits A-1 and A-2, except that the following paragraph will not appear in the Initial Notes: "This Governmental Lender Note shall not be entitled to any benefit under the Funding Loan Agreement or be valid or obligatory for any purpose until the Fiscal Agent shall have executed the Certificate of Authentication appearing hereon." and the following paragraph shall be added as the second-to-last paragraph to the Initial Notes: "THIS GOVERNMENTAL LENDER NOTE SHALL NOT BE VALID OR BECOME OBLIGATORY for any purpose or be entitled to any benefit or security under the Funding Loan Agreement unless the Comptroller’s Registration Certificate hereon has been executed by an authorized representative of the Texas Comptroller of Public Accounts by manual signature." In lieu of the authentication certificate of the Fiscal Agent, each Initial Note shall contain the following certificate: "REGISTRATION CERTIFICATE OF COMPTROLLER OF PUBLIC ACCOUNTS OFFICE OF THE COMPTROLLER OF § PUBLIC ACCOUNTS § REGISTER NO. THE STATE OF TEXAS § I HEREBY CERTIFY that this Governmental Lender Note has been examined, certified as to validity and approved by the Attorney General of the State of Texas, and duly registered by the Texas Comptroller of Public Accounts. Witness my signature and seal of office this . Texas Comptroller of Public Accounts (SEAL)" The provisions of Exhibit A-1 and A-2 may be rearranged or re-ordered for purposes of the Initial Notes.

Form of Governmental Lender Notes. Simultaneously with the delivery of this Funding Loan Agreement, the Governmental Lender hereby agrees to execute and deliver the Governmental Lender Notes. The Governmental Lender Notes shall be substantially in the form set forth in Exhibits A-1 and A-2 attached hereto, with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Funding Loan Agreement. 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. Except for the Initial Note for the Series A-2 Governmental Lender Note, which shall be numbered IA2-1, the Series A-2 Governmental Lender Note shall be numbered consecutively from RA2-1 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. Amount.‌ Each Initial Note, registered by the Comptroller, shall be identical to the form of each Governmental Lender Note attached as Exhibits A-1 and A-2, except that the following paragraph will not appear in the Initial Notes: Notes: "This Governmental Lender Note shall not be entitled to any benefit under the Funding Loan Agreement or be valid or obligatory for any purpose until the Fiscal Agent shall have executed the Certificate of Authentication appearing hereon." and the following paragraph shall be added as the second-to-last paragraph to the Initial Notes: "THIS GOVERNMENTAL LENDER NOTE SHALL NOT BE VALID OR BECOME OBLIGATORY for any purpose or be entitled to any benefit or security under the Funding Loan Agreement unless the Comptroller’s Registration Certificate hereon has been executed by an authorized representative of the Texas Comptroller of Public Accounts by manual signature." In lieu of the authentication certificate of the Fiscal Agent, each Initial Note shall contain the following certificate: "REGISTRATION CERTIFICATE OF COMPTROLLER OF PUBLIC ACCOUNTS OFFICE OF THE COMPTROLLER OF § PUBLIC ACCOUNTS § REGISTER NO. THE STATE OF TEXAS § I HEREBY CERTIFY that this Governmental Lender Note has been examined, certified as to validity and approved by the Attorney General of the State of Texas, and duly registered by the Texas Comptroller of Public Accounts. Witness my signature and seal of office this . Texas Comptroller of Public Accounts (SEAL)" The provisions of Exhibit A-1 and A-2 may be rearranged or re-ordered for purposes of the Initial Notes.