Construction Loan Note definition

Construction Loan Note means any of such Construction Loan Notes.

Construction Loan Note means that certain Amended and Restated Replacement Construction Loan Promissory Note, dated the date hereof, in the principal amount of Six Hundred Twenty Million and No/100 Dollars ($620,000,000), made by Mortgage Borrowers in favor of Mortgage Lender, and as the same hereafter may be amended, restated, replaced, supplemented or otherwise modified from time to time.

Construction Loan Note and “Construction Loan Notes” have the meanings given in Section 2.4(e) of the Financing Agreement.

Examples of Construction Loan Note in a sentence

• BofA is the owner and holder of a Construction Loan Note dated May 31, 2007, executed and delivered by Essex and payable to BofA in the original maximum principal amount of $27,250,000.

• It is therefore advisable to review them and ensure that they are carried out periodically.

• VHDA shall release the Escrowed Funds to pay down the outstanding principal balance of the Gap Construction Loan upon the earlier of (a) maturity of the Gap Construction Loan Note; or (b) the occurrence of an “Event of Default” under either the Construction Loan Agreement or the Gap Construction Loan Note.

• WHEREAS, BofA is the owner and holder of that certain Construction Loan Note dated July 19, 2007 given by FTD to BofA in the original principal amount of $21,800,000.00, or so much thereof as may be outstanding from time to time (as the same may be amended, restated, replace, supplemented, renewed, extended or otherwise modified from time to time, “FTD Note”).

• The Construction Loan Note Rate if determined today would be 5.00%.

More Definitions of Construction Loan Note

Construction Loan Note means that certain promissory note dated as of even date herewith made by Declarant to the order of Mortgagee;

Construction Loan Note means one or more promissory notes evidencing the Construction Loan in the aggregate principal amount of up to $[Principal Percent].

Construction Loan Note means the Promissory Note in the original principal amount of up to $16,112,204 executed and delivered by the Borrower in favor of the Construction Lender as evidenced by the Borrower’s obligations under the Construction Loan Documents.

Construction Loan Note means, for each Project, the promissory note evidencing the Borrower's obligations under the Construction Loan.

Construction Loan Note shall have the meaning set forth in the recitals of this Agreement.

Construction Loan Note means the Promissory Note dated October 27, 1993 executed by the Debtors and Rocky Co. originally payable to the order of NBD in the original principal amount of $2,000,000, as modified by (i) a First Amendment to Promissory Note dated January 28, 1994, (ii) a Second Amendment to Promissory Note dated December 31, 1994, and (iii) a Third Amendment to Promissory Note dated March 30, 1995, as endorsed payable to the order of Bank One pursuant to a Loan Purchase, Assignment and Master Amendment Agreement dated as of February 1, 1996, as the same may be further amended, modified, supplemented, restated or replaced from time to time.

Construction Loan Note has the meaning provided in Section 2.2(a).