Common use of Special Repayments of Loan from Net Proceeds of Permanent Financing Clause in Contracts

Special Repayments of Loan from Net Proceeds of Permanent Financing. To the extent consistent with the regulations applicable to the MHP Loan and VHHP Loan, no later than ten (10) days after the date Borrower receives its final capital contribution from the Investor Limited Partner, Borrower shall pay to the County as a special repayment of the Loan, an amount equal to the result obtained by multiplying the County Additional Prorata Share by the Available Net Proceeds (the "Special County Loan Payment"). No later than one hundred eighty (180) days following completion of construction of the Development, Borrower shall submit to the County for its review a preliminary calculation of the Net Proceeds of Permanent Financing and a draft of the Final Cost Certification as defined Section 4.3

Special Repayments of Loan from Net Proceeds of Permanent Financing. To the extent consistent with the regulations applicable to the MHP Loan and VHHP AHSC HCD Loan, no later than ten (10) days after the date Borrower receives its final capital contribution from the Investor Limited Partner, Borrower shall pay to the County as a special repayment of the Loan, an amount equal to the result obtained by multiplying the County Additional Prorata Share by the Available Net Proceeds (the "Special County Loan Payment"). No later than one hundred eighty (180) days following completion of construction of the Development, Borrower shall submit to the County for its review a preliminary calculation of the Net Proceeds of Permanent Financing and a draft of the Final Cost Certification as defined Section 4.3

Special Repayments of Loan from Net Proceeds of Permanent Financing. To the extent consistent with the regulations applicable to the MHP NPLH HCD Loan and VHHP MHP HCD Loan, no later than ten (10) days after the date Borrower receives its final capital contribution from the Investor Limited Partner, Borrower shall pay to the County as a special repayment of the Loan, an amount equal to the result obtained by multiplying the County Additional Prorata Share by the Available Net Proceeds (the "Special County Loan Payment"). No later than one hundred eighty (180) days following completion of construction of the Development, Borrower shall submit to the County for its review a preliminary calculation of the Net Proceeds of Permanent Financing and a draft of the Final Cost Certification as defined Section 4.3

Special Repayments of Loan from Net Proceeds of Permanent Financing. To the extent consistent with the regulations applicable to the MHP Loan and VHHP Loan, no (i) No later than ten (10) days after the date Borrower receives its final capital contribution from the Investor Limited Partner, subject to any HCD requirements, Borrower shall pay to the County as a special repayment of the Loan, an amount equal to the result obtained by multiplying the County Additional Prorata Share by the Available Net Proceeds of Permanent Financing. (the "Special County Loan Payment"). ii) No later than one hundred eighty (180) days following completion of construction of the DevelopmentImprovements, Borrower shall submit to the County for its review a preliminary calculation of the Net Proceeds of Permanent Financing and a draft of the Final Cost Certification as defined Section 4.34.2