Common use of Loan by the Issuer Clause in Contracts

Loan by the Issuer. (a) The Issuer, pursuant to the terms of this Agreement, agrees to loan to the Borrower the proceeds in the aggregate principal amount of $3,465,000 received by the Issuer from the sale of the Bonds consisting of $1,695,000 of the Series A-1 Bonds, and $1,770,000 of the Series A-2 Bonds, which shall be deposited under the Indenture and shall be disbursed as provided in the Indenture and the Financial Monitoring Agreement. No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds. The repayment obligations of the Borrower under this Agreement shall be evidenced by the Notes in the aggregate principal amount equal to the aggregate principal amount of the Bonds, executed by the Borrower concurrently with the issuance of the Bonds, made payable to the Issuer and endorsed by the Issuer, without recourse, to the Trustee. It is expressly agreed that the Borrower will cause to be carried out and performed all of its obligations under the Notes, the Indenture, the Mortgage, the Regulatory Agreement, the Tax Certificate, and the other Loan Documents. (b) Concurrently with the execution and delivery of this Agreement and prior to any disbursement from the Project Fund, the Borrower has (i) executed and delivered the Notes to the Issuer, and the Issuer has assigned the Notes, without recourse, to the Trustee, (ii) caused the Mortgage to be executed and delivered to the Issuer and assigned to the Trustee and recorded in the Official Records of the County or other appropriate offices, (iii) caused the Regulatory Agreement and any applicable Financing Statements to be recorded in the Real Property Records of the County or other appropriate office,

Loan by the Issuer. (a) The Issuer, pursuant to the terms of this Agreement, agrees to loan to the Borrower the proceeds in the aggregate principal amount of $3,465,000 [TotalPrinAmt] received by the Issuer from the sale of the Bonds consisting of $1,695,000 [SeriesA-1PrinAmt] of the Series A-1 Bonds, and $1,770,000 [SeriesA-2PrinAmt] of the Series A-2 Bonds, which shall be deposited under the Indenture and shall be disbursed as provided in the Indenture and the Financial Monitoring Disbursing and Servicing Agreement. No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds. The repayment obligations of the Borrower under this Agreement shall be evidenced by the Notes in the aggregate principal amount equal to the aggregate principal amount of the Bonds, executed by the Borrower concurrently with the issuance of the Bonds, made payable to the Issuer and endorsed by the Issuer, without recourse, to the Trustee. It is expressly agreed that the Borrower will cause to be carried out and performed all of its obligations under the Notes, the Indenture, the Mortgage, the Regulatory Agreement, the Tax Certificate, and the other Loan Documents. (b) Concurrently with the execution and delivery of this Agreement and prior to any disbursement from the Project Fund, the Borrower has (i) executed and delivered the Notes to the Issuer, and the Issuer has assigned the Notes, without recourse, to the Trustee, (ii) caused the Mortgage to be executed and delivered to the Issuer and assigned to the Trustee and recorded in the Official Records of the County or other appropriate offices, (iii) caused the Regulatory Agreement and any applicable Financing Statements to be recorded in the Real Property Records of the County or other appropriate office,

Loan by the Issuer. (a) The Issuer, pursuant to the terms of this Agreement, agrees to loan to the Borrower the proceeds in the aggregate principal amount of $3,465,000 5,727,000 received by the Issuer from the sale of the Bonds consisting of $1,695,000 3,730,000 of the Series A-1 E-1 Bonds, and $1,770,000 1,997,000 of the Series A-2 E-2 Bonds, which shall be deposited under the Indenture and shall be disbursed as provided in the Indenture and the Financial Monitoring Agreement. No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds. The repayment obligations of the Borrower under this Agreement shall be evidenced by the Notes in the aggregate principal amount equal to the aggregate principal amount of the Bonds, executed by the Borrower concurrently with the issuance of the Bonds, made payable to the Issuer and endorsed by the Issuer, without recourse, to the Trustee. It is expressly agreed that the Borrower will cause to be carried out and performed all of its obligations under the Notes, the Indenture, the Mortgage, the Regulatory Agreement, the Tax Certificate, and the other Loan Documents. (b) Concurrently with the execution and delivery of this Agreement and prior to any disbursement from the Project Fund, the Borrower has (i) executed and delivered the Notes to the Issuer, and the Issuer has assigned the Notes, without recourse, to the Trustee, (ii) caused the Mortgage to be executed and delivered to the Issuer and assigned to the Trustee and recorded in the Official Records of the County or other appropriate offices, (iii) caused the Regulatory Agreement and any applicable Financing Statements to be recorded in the Real Property Records of the County or other appropriate office,

Loan by the Issuer. (a) The Issuer, pursuant to the terms of this Agreement, agrees to loan to the Borrower the proceeds in the aggregate principal amount of $3,465,000 18,949,000 received by the Issuer from the sale of the Bonds consisting of $1,695,000 [PRINAMT1] of the Series A-1 F-1 Bonds, and $1,770,000 [PRINAMT2] of the Series A-2 F-2 Bonds, which shall be deposited under the Indenture and shall be disbursed as provided in the Indenture and the Financial Monitoring Agreement. No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds. The repayment obligations of the Borrower under this Agreement shall be evidenced by the Notes in the aggregate principal amount equal to the aggregate principal amount of the Bonds, executed by the Borrower concurrently with the issuance of the Bonds, made payable to the Issuer and endorsed by the Issuer, without recourse, to the Trustee. It is expressly agreed that the Borrower will cause to be carried out and performed all of its obligations under the Notes, the Indenture, the Mortgage, the Regulatory Agreement, the Tax Certificate, and the other Loan Documents. (b) Concurrently with the execution and delivery of this Agreement and prior to any disbursement from the Project Fund, the Borrower has (i) executed and delivered the Notes to the Issuer, and the Issuer has assigned the Notes, without recourse, to the Trustee, (ii) caused the Mortgage to be executed and delivered to the Issuer and assigned to the Trustee and recorded in the Official Records of the County or other appropriate offices, (iii) caused the Regulatory Agreement and any applicable Financing Statements to be recorded in the Real Property Records of the County or other appropriate office,

Loan by the Issuer. ‌ (a) The Issuer, pursuant to the terms of this Agreement, agrees to loan to the Borrower the proceeds in the aggregate principal amount of $3,465,000 [TOTALPRINAMT] received by the Issuer from the sale of the Bonds consisting of $1,695,000 [APRINAMT] of the Series A-1 Bonds, and $1,770,000 [BPRINAMT] of the Series A-2 Bonds, which shall be deposited under the Indenture and shall be disbursed as provided in the Indenture and the Financial Monitoring Agreement. No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds. The repayment obligations of the Borrower under this Agreement shall be evidenced by the Notes in the aggregate principal amount equal to the aggregate principal amount of the Bonds, executed by the Borrower concurrently with the issuance of the Bonds, made payable to the Issuer and endorsed by the Issuer, without recourse, to the Trustee. It is expressly agreed that the Borrower will cause to be carried out and performed all of its obligations under the Notes, the Indenture, the Mortgage, the Regulatory Agreement, the Tax Certificate, and the other Loan Documents. (b) Concurrently with the execution and delivery of this Agreement and prior to any disbursement from the Project Fund, the Borrower has (i) executed and delivered the Notes to the Issuer, and the Issuer has assigned the Notes, without recourse, to the Trustee, (ii) caused the Mortgage to be executed and delivered to the Issuer and assigned to the Trustee and recorded in the Official Records of the County or other appropriate offices, (iii) caused the Regulatory Agreement and any applicable Financing Statements to be recorded in the Real Property Records of the County or other appropriate office,

Loan by the Issuer. (a) The Issuer, pursuant to the terms of this Agreement, agrees to loan to the Borrower the proceeds in the aggregate principal amount of $3,465,000 12,610,000 received by the Issuer from the sale of the Bonds consisting of $1,695,000 [PRINAMTH1] of the Series A-1 H-1 Bonds, and $1,770,000 [PRINAMTH2] of the Series A-2 H-2 Bonds, which shall be deposited under the Indenture and shall be disbursed as provided in the Indenture and the Financial Monitoring Agreement. No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds. The repayment obligations of the Borrower under this Agreement shall be evidenced by the Notes in the aggregate principal amount equal to the aggregate principal amount of the Bonds, executed by the Borrower concurrently with the issuance of the Bonds, made payable to the Issuer and endorsed by the Issuer, without recourse, to the Trustee. It is expressly agreed that the Borrower will cause to be carried out and performed all of its obligations under the Notes, the Indenture, the Mortgage, the Regulatory Agreement, the Tax Certificate, and the other Loan Documents. (b) Concurrently with the execution and delivery of this Agreement and prior to any disbursement from the Project Fund, the Borrower has (i) executed and delivered the Notes to the Issuer, and the Issuer has assigned the Notes, without recourse, to the Trustee, (ii) caused the Mortgage to be executed and delivered to the Issuer and assigned to the Trustee and recorded in the Official Records of the County or other appropriate offices, (iii) caused the Regulatory Agreement and any applicable Financing Statements to be recorded in the Real Property Records of the County or other appropriate office,

Loan by the Issuer. (a) The Issuer, pursuant to the terms of this Agreement, agrees to loan to the Borrower the proceeds in the aggregate principal amount of $3,465,000 5,320,000 received by the Issuer from the sale of the Bonds consisting of $1,695,000 3,495,000 of the Series A-1 C-1 Bonds, and $1,770,000 1,825,000 of the Series A-2 C-2 Bonds, which shall be deposited under the Indenture and shall be disbursed as provided in the Indenture and the Financial Monitoring Agreement. No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds. The repayment obligations of the Borrower under this Agreement shall be evidenced by the Notes in the aggregate principal amount equal to the aggregate principal amount of the Bonds, executed by the Borrower concurrently with the issuance of the Bonds, made payable to the Issuer and endorsed by the Issuer, without recourse, to the Trustee. It is expressly agreed that the Borrower will cause to be carried out and performed all of its obligations under the Notes, the Indenture, the Mortgage, the Regulatory Agreement, the Tax Certificate, and the other Loan Documents. (b) Concurrently with the execution and delivery of this Agreement and prior to any disbursement from the Project Fund, the Borrower has (i) executed and delivered the Notes to the Issuer, and the Issuer has assigned the Notes, without recourse, to the Trustee, (ii) caused the Mortgage to be executed and delivered to the Issuer and assigned to the Trustee and recorded in the Official Records of the County or other appropriate offices, (iii) caused the Regulatory Agreement and any applicable Financing Statements to be recorded in the Real Property Records of the County or other appropriate office,

Loan by the Issuer. (a) The Issuer, pursuant to the terms of this Agreement, agrees to loan to the Borrower the proceeds in the aggregate principal amount of $3,465,000 5,447,000 received by the Issuer from the sale of the Bonds consisting of $1,695,000 3,632,000 of the Series A-1 B-1 Bonds, and $1,770,000 1,815,000 of the Series A-2 B-2 Bonds, which shall be deposited under the Indenture and shall be disbursed as provided in the Indenture and the Financial Monitoring Disbursing and Servicing Agreement. No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds. The repayment obligations of the Borrower under this Agreement shall be evidenced by the Notes in the aggregate principal amount equal to the aggregate principal amount of the Bonds, executed by the Borrower concurrently with the issuance of the Bonds, made payable to the Issuer and endorsed by the Issuer, without recourse, to the Trustee. It is expressly agreed that the Borrower will cause to be carried out and performed all of its obligations under the Notes, the Indenture, the Mortgage, the Regulatory Agreement, the Tax Certificate, and the other Loan Documents. (b) Concurrently with the execution and delivery of this Agreement and prior to any disbursement from the Project Fund, the Borrower has (i) executed and delivered the Notes to the Issuer, and the Issuer has assigned the Notes, without recourse, to the Trustee, (ii) caused the Mortgage to be executed and delivered to the Issuer and assigned to the Trustee and recorded in the Official Records of the County or other appropriate offices, (iii) caused the Regulatory Agreement and any applicable Financing Statements to be recorded in the Real Property Records of the County or other appropriate office,

Loan by the Issuer. (a) The Issuer, pursuant to the terms of this Agreement, agrees to loan to the Borrower the proceeds in the aggregate principal amount of $3,465,000 12,471,000 received by the Issuer from the sale of the Bonds consisting of $1,695,000 [APRINAMT] of the Series A-1 Bonds, and $1,770,000 [BPRINAMT] of the Series A-2 Bonds, which shall be deposited under the Indenture and shall be disbursed as provided in the Indenture and the Financial Monitoring Agreement. No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds. The repayment obligations of the Borrower under this Agreement shall be evidenced by the Notes in the aggregate principal amount equal to the aggregate principal amount of the Bonds, executed by the Borrower concurrently with the issuance of the Bonds, made payable to the Issuer and endorsed by the Issuer, without recourse, to the Trustee. It is expressly agreed that the Borrower will cause to be carried out and performed all of its obligations under the Notes, the Indenture, the Mortgage, the Regulatory Agreement, the Tax Certificate, and the other Loan Documents. (b) Concurrently with the execution and delivery of this Agreement and prior to any disbursement from the Project Fund, the Borrower has (i) executed and delivered the Notes to the Issuer, and the Issuer has assigned the Notes, without recourse, to the Trustee, (ii) caused the Mortgage to be executed and delivered to the Issuer and assigned to the Trustee and recorded in the Official Records of the County or other appropriate offices, (iii) caused the Regulatory Agreement and any applicable Financing Statements to be recorded in the Real Property Records of the County or other appropriate office,

Loan by the Issuer. (a) The Issuer, pursuant to the terms of this Agreement, agrees to loan to the Borrower the proceeds in the aggregate principal amount of $3,465,000 6,841,000 received by the Issuer from the sale of the Bonds consisting of $1,695,000 [APRINAMT] of the Series A-1 B-1 Bonds, and $1,770,000 [BPRINAMT] of the Series A-2 B-2 Bonds, which shall be deposited under the Indenture and shall be disbursed as provided in the Indenture and the Financial Monitoring Agreement. No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds. The repayment obligations of the Borrower under this Agreement shall be evidenced by the Notes in the aggregate principal amount equal to the aggregate principal amount of the Bonds, executed by the Borrower concurrently with the issuance of the Bonds, made payable to the Issuer and endorsed by the Issuer, without recourse, to the Trustee. It is expressly agreed that the Borrower will cause to be carried out and performed all of its obligations under the Notes, the Indenture, the Mortgage, the Regulatory Agreement, the Tax Certificate, and the other Loan Documents. (b) Concurrently with the execution and delivery of this Agreement and prior to any disbursement from the Project Fund, the Borrower has (i) executed and delivered the Notes to the Issuer, and the Issuer has assigned the Notes, without recourse, to the Trustee, (ii) caused the Mortgage to be executed and delivered to the Issuer and assigned to the Trustee and recorded in the Official Records of the County or other appropriate offices, (iii) caused the Regulatory Agreement and any applicable Financing Statements to be recorded in the Real Property Records of the County or other appropriate office,

Loan by the Issuer. (a) The Issuer, pursuant to the terms of this Agreement, agrees to loan to the Borrower the proceeds in the aggregate principal amount of $3,465,000 9,795,000 received by the Issuer from the sale of the Bonds consisting of $1,695,000 6,423,000 of the Series A-1 D-1 Bonds, and $1,770,000 3,372,000 of the Series A-2 D-2 Bonds, which shall be deposited under the Indenture and shall be disbursed as provided in the Indenture and the Financial Monitoring Agreement. No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds. The repayment obligations of the Borrower under this Agreement shall be evidenced by the Notes in the aggregate principal amount equal to the aggregate principal amount of the Bonds, executed by the Borrower concurrently with the issuance of the Bonds, made payable to the Issuer and endorsed by the Issuer, without recourse, to the Trustee. It is expressly agreed that the Borrower will cause to be carried out and performed all of its obligations under the Notes, the Indenture, the Mortgage, the Regulatory Agreement, the Tax Certificate, and the other Loan Documents. (b) Concurrently with the execution and delivery of this Agreement and prior to any disbursement from the Project Fund, the Borrower has (i) executed and delivered the Notes to the Issuer, and the Issuer has assigned the Notes, without recourse, to the Trustee, (ii) caused the Mortgage to be executed and delivered to the Issuer and assigned to the Trustee and recorded in the Official Records of the County or other appropriate offices, (iii) caused the Regulatory Agreement and any applicable Financing Statements to be recorded in the Real Property Records of the County or other appropriate office,

Loan by the Issuer. (a) The Issuer, pursuant to the terms of this Agreement, agrees to loan to the Borrower the proceeds in the aggregate principal amount of $3,465,000 4,804,000 received by the Issuer from the sale of the Bonds consisting of $1,695,000 3,085,000 of the Series A-1 B-1 Bonds, and $1,770,000 1,719,000 of the Series A-2 B-2 Bonds, which shall be deposited under the Indenture and shall be disbursed as provided in the Indenture and the Financial Monitoring Agreement. No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds. The repayment obligations of the Borrower under this Agreement shall be evidenced by the Notes in the aggregate principal amount equal to the aggregate principal amount of the Bonds, executed by the Borrower concurrently with the issuance of the Bonds, made payable to the Issuer and endorsed by the Issuer, without recourse, to the Trustee. It is expressly agreed that the Borrower will cause to be carried out and performed all of its obligations under the Notes, the Indenture, the Mortgage, the Regulatory Agreement, the Tax Certificate, and the other Loan Documents. (b) Concurrently with the execution and delivery of this Agreement and prior to any disbursement from the Project Fund, the Borrower has (i) executed and delivered the Notes to the Issuer, and the Issuer has assigned the Notes, without recourse, to the Trustee, (ii) caused the Mortgage to be executed and delivered to the Issuer and assigned to the Trustee and recorded in the Official Records of the County or other appropriate offices, (iii) caused the Regulatory Agreement and any applicable Financing Statements to be recorded in the Real Property Records of the County or other appropriate office,

Loan by the Issuer. (a) The Issuer, pursuant to the terms of this Agreement, agrees to loan to the Borrower the proceeds in the aggregate principal amount of $3,465,000 16,458,000 received by the Issuer from the sale of the Bonds consisting of $1,695,000 [PRINAMT1] of the Series A-1 G-1 Bonds, and $1,770,000 [PRINAMT2] of the Series A-2 G-2 Bonds, which shall be deposited under the Indenture and shall be disbursed as provided in the Indenture and the Financial Monitoring Agreement. No amounts deposited with the Trustee by the Borrower in the Administrative Expenses Account for Costs of Issuance shall be deemed to satisfy any portion of the Borrower’s obligation to repay the Loan unless applied thereto or to the redemption of Bonds. The repayment obligations of the Borrower under this Agreement shall be evidenced by the Notes in the aggregate principal amount equal to the aggregate principal amount of the Bonds, executed by the Borrower concurrently with the issuance of the Bonds, made payable to the Issuer and endorsed by the Issuer, without recourse, to the Trustee. It is expressly agreed that the Borrower will cause to be carried out and performed all of its obligations under the Notes, the Indenture, the Mortgage, the Regulatory Agreement, the Tax Certificate, and the other Loan Documents. (b) Concurrently with the execution and delivery of this Agreement and prior to any disbursement from the Project Fund, the Borrower has (i) executed and delivered the Notes to the Issuer, and the Issuer has assigned the Notes, without recourse, to the Trustee, (ii) caused the Mortgage to be executed and delivered to the Issuer and assigned to the Trustee and recorded in the Official Records of the County or other appropriate offices, (iii) caused the Regulatory Agreement and any applicable Financing Statements to be recorded in the Real Property Records of the County or other appropriate office,