Borrower Note definition

Borrower Note means the “Borrower Note” as defined in the Borrower Loan Agreement.
Borrower Note means that certain Multifamily Note dated as of the Closing Date in the original maximum principal amount of the Borrower Loan Amount made by Borrower and payable to Governmental Lender, as endorsed and assigned to the Funding Lender, as it may be amended, supplemented or replaced from time to time.
Borrower Note means a promissory note of a Borrower for a Student Loan set forth on the appropriate form furnished by the Guarantor which Borrower Note meets the criteria set forth by the Higher Education Act and the policies and procedures of the Guarantor.

Examples of Borrower Note in a sentence

  • The Borrower Loan shall mature and be payable at the times and in the amounts required under the terms hereof and of the Borrower Note.

  • The payment or prepayment of principal, interest and premium, if any, due on the Funding Loan and the Governmental Lender Note shall be identical with and shall be made on the same dates, terms and conditions, as the principal, interest, premiums, late payment fees and other amounts due on the Borrower Note.

  • The covenants and agreements of Qualified Borrowers hereunder shall be binding and effective with respect to a Qualified Borrower upon and after the execution and delivery of a Qualified Borrower Note by such Qualified Borrower.

  • The Governmental Lender Note shall be payable from payments on the Borrower Note.

  • All revenues and assets pledged and assigned thereby shall immediately be subject to the lien of such pledge without any physical delivery thereof or any further act, except in the case of the Borrower Note, which shall be delivered to the Funding Lender.


More Definitions of Borrower Note

Borrower Note means one of such Borrower Notes.
Borrower Note means each note issued by the Issuer under this agreement. "BN Percentage" means, in respect of a date:
Borrower Note as defined in the Borrower Loan Agreement.
Borrower Note means that certain Multifamily Note dated the Closing Date in the original maximum principal amount of $[Par Amount] made by the Borrower and payable to the Governmental Lender, as endorsed and assigned without recourse to the Fiscal Agent, as it may be amended, supplemented or replaced from time to time.
Borrower Note means each promissory note, in grid note format, issued by Borrowers to each Lender in the form of Exhibit C-4, as such notes may be amended, restated, supplemented or otherwise modified from time to time.
Borrower Note means that certain Promissory Note (Multifamily Housing Back to Back Loan Program) in the original principal amount of $[ ] evidencing the Borrower Loan, executed by the Borrower in favor of the Governmental Lender, as amended from time to time.
Borrower Note means any one of the Borrower Notes).