Examples of Building Loan Notes in a sentence
At the time such Purchaser was offered the Securities, it was, and as of the date hereof it is, and on each date on which it exercises any Warrants or converts any shares of Preferred Stock it will be either: (i) [an “accredited investor” as defined in Rule 501(a)(1), (a)(2), (a)(3), (a)(7) or (a)(8) under the Securities Act or (ii) a “qualified institutional buyer” as defined in Rule 144A(a) under the Securities Act.
Borrower hereby promises to pay to Administrative Agent for account of each Lender the payments of principal and interest due on the Building Loans in accordance with the Building Loan Notes and the Project Loan Agreement, which is hereby incorporated by reference.
These centers are responsible for providing free judicial advice and assistance to vulnerable populations throughout the country.
This Agreement and the other Building Loan Documents are subject to the express condition that at no time shall Borrower Entities be obligated or required to pay interest on the Building Loan or loan charges at a rate which could subject the holder of the Building Loan Notes to either civil or criminal liability as a result of being in excess of the Maximum Rate permitted by applicable law.
Therefore we did not consider the survey to be misleading on this issue.
One or more Building Loan Notes (the “Building Loan Notes”) from Borrower in favor of each Lender in the aggregate amount of the Building Loan Amount.
This Security Instrument and the Building Loan Note shall, at any time until the same shall be fully paid and satisfied, at the sole election of Mortgagee at any time after the occurrence of an Event of Default, be split or divided into two or more Building Loan Notes and two or more security instruments, each of which shall cover all or a portion of the Property to be more particularly described therein.
Building Loan Documents (other than any Building Loan Notes) and the NYTC Completion Guaranty may be signed by facsimile.
This Security Instrument and the Building Loan Note shall, at any time until the same shall be fully paid and satisfied, at the sole election of Mortgagee, be split or divided into two or more Building Loan Notes and two or more security instruments, each of which shall cover all or a portion of the Property to be more particularly described therein.
Notwithstanding the provisions of Sections 4.01, 4.02 and 4.03, Advances for the payment of interest due under the Building Loan Notes shall be made in accordance with Section 5.03(b) hereof.