Examples of Construction Loan Note in a sentence

Each Lender's Construction Loan Advances and the obligation of the Borrower to repay such Construction Loan Advances shall be evidenced by a separate Construction Loan Note executed by the Borrower payable to the order of such Lender.
The Borrower shall be obligated to pay interest as provided in the Construction Loan Note.
The Borrower shall default in any payment of principal of any Construction Loan Advance or Construction Loan Note when and as due (whether at maturity, by reason of acceleration or otherwise), and such default shall continue unremedied for two (2) Business Days.
Subject to Section 3.1(b)(ii) if any payment under this Agreement or any Construction Loan Note shall be specified to be made upon a day which is not a Business Day, it shall be made on the next succeeding day which is a Business Day and such extension of time shall in such case be included in computing any interest if payable along with such payment.
The Borrower shall default in the payment of any interest on any Construction Loan Advance or Construction Loan Note or the payment of any other Obligation when and as due (whether at maturity, by reason of acceleration or otherwise), and such default shall continue unremedied for five (5) Business Days.

More Definitions of Construction Loan Note

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 that certain promissory note dated as of even date herewith made by Xxxxxxxxx to the order of Mortgagee in the original principal amount of up to [CONSTRUCTION LOAN AMOUNT DOLLARS];

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 means the construction loan promissory note of ZTO dated the date of this Agreement and payable to the order of Lender in substantially the form of Exhibit B hereto, evidencing the Obligations arising under the Construction Loans and the Converted Construction Loan, and any and all substitutions and replacements thereof, all as the same may be amended and/or modified from time to time.

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

Construction Loan Note means that certain promissory note dated of even date herewith in the original principal amount of the Construction Loan executed by Borrower and made payable to the order of Bank, as it may be amended, modified, extended, renewed, restated or supplemented from time to time.