Common use of Notice From Funding Lender; Funding Lender’s Calculation Final Clause in Contracts

Notice From Funding Lender; Funding Lender’s Calculation Final. (a) Following satisfaction of all of the Conditions to Conversion, Funding Lender shall deliver Written Notice to Borrower of: (i) the Conversion Date, (ii) the amount of the Permanent Period Amount, (iii) any required prepayment of the Borrower Notes (as described below in Section 3.3) and (iv) any amendments to the amortization schedule, as applicable. (b) Funding Xxxxxx’s calculation of the Permanent Period Amount and any amendments to the amortization of the Borrower Loan shall be, in the absence of manifest error, conclusive and binding on all parties.

Appears in 3 contracts

Samples: Borrower Loan Agreement, Borrower Loan Agreement, Borrower Loan Agreement

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Notice From Funding Lender; Funding Lender’s Calculation Final. (a) Following satisfaction of all of the Conditions to Conversion, Funding Lender shall deliver Written Notice to Borrower of: (i) the Conversion Date, (ii) the amount of the Permanent Period Amount, (iii) any required prepayment of the Borrower Notes Note (as described below in Section 3.3) and (iv) any amendments to the amortization schedule, as applicable. (b) Funding XxxxxxLender’s calculation of the Permanent Period Amount and any amendments to the amortization of the Borrower Loan shall be, in the absence of manifest error, conclusive and binding on all parties.

Appears in 2 contracts

Samples: Borrower Loan Agreement, Borrower Loan Agreement

Notice From Funding Lender; Funding Lender’s Calculation Final. (a) Following satisfaction of all of the Conditions to Conversion, Funding Lender shall deliver Written Notice to Borrower (with a copy to the Governmental Lender and the Fiscal Agent) of: (i) the Conversion Date, (ii) the amount of the Permanent Period Amount, (iii) any required prepayment of the Borrower Notes (as described below in Section 3.3) and (iv) any amendments to the amortization schedule, as applicable. (b) . Funding Xxxxxx’s calculation of the Permanent Period Amount and any amendments to the amortization of the Borrower Loan shall be, in the absence of manifest error, conclusive and binding on all parties.

Appears in 2 contracts

Samples: Borrower Loan Agreement, Borrower Loan Agreement

Notice From Funding Lender; Funding Lender’s Calculation Final. (a) Following satisfaction of all of the Conditions to Conversion, Funding Lender shall deliver Written Notice to Borrower and Governmental Lender of: (i) the Conversion Date, (ii) the amount of the Permanent Period Amount, (iii) any required prepayment of the Borrower Notes Note (as described below in Section 3.3) and (iv) any amendments to the amortization schedule, as applicable. (b) Funding Xxxxxx’s calculation of the Permanent Period Amount and any amendments to the amortization of the Borrower Loan shall be, in the absence of manifest error, conclusive and binding on all parties.

Appears in 1 contract

Samples: Regulatory Agreement and Declaration of Restrictive Covenants

Notice From Funding Lender; Funding Lender’s Calculation Final. (a) Following satisfaction of all of the Conditions to Conversion, Funding Lender shall deliver Written Notice to Borrower (with a copy to the Governmental Lender and the Fiscal Agent) of: : (i) the Conversion Date, (ii) the amount of the Permanent Period Amount, (iii) any required prepayment of the Borrower Notes (as described below in Section 3.3) and (iv) any amendments to the amortization schedule, as applicable. (b) . Funding XxxxxxLender’s calculation of the Permanent Period Amount and any amendments to the amortization of the Borrower Loan shall be, in the absence of manifest error, conclusive and binding on all parties.

Appears in 1 contract

Samples: Borrower Loan Agreement

Notice From Funding Lender; Funding Lender’s Calculation Final. (a) Following satisfaction of all of the Conditions to Conversion, Funding Lender shall deliver Written Notice to Borrower (with a copy to the Governmental Lender and the Fiscal Agent) of: (i) the Conversion Date, (ii) the amount of the Permanent Period Amount, (iii) any required prepayment of the Borrower Notes Note (as described below in Section 3.3) and (iv) any amendments to the amortization schedule, as applicable. (b) Funding XxxxxxLender’s calculation of the Permanent Period Amount and any amendments to the amortization of the Borrower Loan shall be, in the absence of manifest error, conclusive and binding on all parties.

Appears in 1 contract

Samples: Borrower Loan Agreement

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Notice From Funding Lender; Funding Lender’s Calculation Final. (a) Following satisfaction of all of the Conditions to Conversion, Funding Lender shall deliver Written Notice to Borrower of: (i) the Conversion Date, (ii) the amount of the Permanent Period Amount, (iii) any required prepayment of the Borrower Notes Note (as described below in Section 3.3) and (iv) any amendments to the amortization schedule, as applicable. (b) Funding Xxxxxx’s calculation of the Permanent Period Amount and any amendments to the amortization of the Borrower Loan shall be, in the absence of manifest error, conclusive and binding on all parties.

Appears in 1 contract

Samples: Borrower Loan Agreement

Notice From Funding Lender; Funding Lender’s Calculation Final. (a) Following satisfaction of all of the Conditions to Conversion, Funding Lender shall deliver Written Notice to Borrower of: (i) the Conversion Date, (ii) the amount of the Permanent Period Amount, (iii) any required prepayment of the Borrower Notes (as described below in Section 3.3) and (iv) any amendments to the amortization schedule, as applicable. (b) Funding XxxxxxLender’s calculation of the Permanent Period Amount and any amendments to the amortization of the Borrower Loan shall be, in the absence of manifest error, conclusive and binding on all parties.

Appears in 1 contract

Samples: Borrower Loan Agreement

Notice From Funding Lender; Funding Lender’s Calculation Final. (a) Following satisfaction of all of the Conditions to Conversion, Funding Lender shall deliver Written Notice to Borrower of: (i) the Conversion Date, (ii) the amount of the Permanent Period Amount, (iii) any required prepayment of the Borrower Notes Note (as described below in Section 3.3) and (iv) any amendments to the amortization schedule, as applicable. (b) . Funding XxxxxxLender’s calculation of the Permanent Period Amount and any amendments to the amortization of the Borrower Loan shall be, in the absence of manifest error, conclusive and binding on all partiesparties except that the Equity Investor, pursuant to the terms of the Partnership Agreement, shall have the right to approve the amount of the Loan after Conversion in excess of $1,946,000.

Appears in 1 contract

Samples: Borrower Loan Agreement

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