Funding Loan definition

Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

Funding Loan means the Funding Loan in the original maximum principal amount of$[Par Amount] made by the Funding Lender to the Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

Funding Loan has the meaning provided in Section 4.03 hereof.

Examples of Funding Loan in a sentence

• The total principal amount of the Funding Loan is hereby expressly limited to the Authorized Amount.

• The Fiscal Agent shall signify its acceptance of the duties and obligations imposed upon it by this Funding Loan Agreement by executing this Funding Loan Agreement.

• The information furnished by the Borrower and used by the Governmental Lender in preparing its certifications with respect to Section 148 of the Code and the Borrower’s information statement pursuant to Section 149(e) of the Code is accurate and complete as of the date of origination of the Funding Loan.

• Capitalized terms not otherwise defined herein shall have the meaning assigned in the Funding Loan Agreement.

• The Borrower has not accepted the Borrower Loan or entered into any Borrower Loan Document or Funding Loan Document with the actual intent to hinder, delay or defraud any creditor, and the Borrower has received reasonably equivalent value in exchange for its obligations under the Borrower Loan Documents and the Funding Loan Documents.

More Definitions of Funding Loan

Funding Loan means the loan in the original principal amount of $[15,428,000] made to the Governmental Lender pursuant to this Funding Loan Agreement by the Initial Funding Lender.

Funding Loan means the funds advanced by the Funding Lender to or for the account of the Governmental Lender and applied by the Governmental Lender to make the Borrower Loan.

Funding Loan means the loan in the maximum aggregate principal amount of

Funding Loan is defined in the Recitals of this Funding Loan Agreement.

Funding Loan means the loan originated hereunder by the Bank to the Governmental Lender in an aggregate principal amount of up to $2,220,000, evidenced by the Funding Loan Note, for the purpose of enabling the Governmental Lender to make the Borrower Loan to the Borrower pursuant to the terms of the Borrower Loan Agreement.

Funding Loan. The loan from the Funding Lender to the Governmental Lender under the Funding Loan Agreement to provide the Governmental Lender funds to lend the Borrower Loan under the Borrower Loan Agreement.

Funding Loan means, in connection with a Xxxxxxx Mac Direct Purchase Mortgage Loan, the loan made by Borrower to a Governmental Lender pursuant to the terms of a Funding Loan Agreement which is covered by a Purchase Commitment from Xxxxxxx Mac.