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City Note definition

City Note has the meaning set forth in Paragraph D of the Recitals.
City NoteRecital E

Examples of City Note in a sentence

  • Borrower shall repay the City Loan pursuant to the terms of the City Loan Agreement and the City Note.

  • The City may not consent to any amendment or waiver of the terms of the City Loan Agreement or the City Note, if such amendment or waiver could reasonably be deemed to materially adversely affect the County, without the County's prior written approval, which the County may withhold in its sole discretion.

  • If the Inheriting Owner qualifies as an Income Eligible Household, he or she shall succeed to the Owner's interest and obligations under this Agreement, the City Note, and the City Deed of Trust and new documents shall be executed between the Inheriting Owner and the City and recorded against the Home.

  • This Agreement shall not diminish or affect the rights of the City under the City Note and the City Deed of Trust.

  • Makati Ave., Makati City Note: In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.


More Definitions of City Note

City Note means the promissory note in the amount of the City Loan, substantially in the form attached hereto as Exhibit E.
City Note. Recital G, page 2
City Note means the Promissory Note, evidencing the City Loan, made by Borrower and payable to City, dated as of the date hereof.
City Note means a promissory note executed by Owner in favor of the City in the principal amount equal to the difference between the Market Value of a Unit calculated at the time Owner acquired a Unit and (a) the Initial Price, in the case of the first Owner, or (b) the Eligible Buyer Purchase Price, in the case of subsequent Owners, plus a contingent deferred amount equal to the City’s Shared Appreciation.
City Note means the promissory note, in the form provided by the City, executed by each buyer of an Affordable Unit at the time of purchase of the Affordable Unit.
City Note means that certain City Promissory Note executed by Developer on or about the same date hereof, that evidences Developer's obligation to repay the City Loan.
City Note means any promissory note executed by Owner in favor of the City, directly or by assignment, evidencing any part of the City Loan, which is secured by the City Deed of Trust, as well as any amendments to, modifications O c or restatements of said promissory note(s). The City Note (s) is on. file with the City of Los Angeles Housing and Community Investment Department.