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 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.

Examples of Funding Loan in a sentence

• The Funding Loan and this Funding Loan Note are pass-through obligations relating to the Borrower Loan made by Governmental Lender from the proceeds of the Funding Loan to the Borrower under the Borrower Loan Agreement.

• The Bank hereby accepts the assignments and pledge made herein for the purpose of securing the payments due pursuant to the Funding Loan Agreement.

• The Outstanding Balance shall mean the principal balance of the Funding Loan that has not been repaid by the Governmental Lender to the Bank as of the date of calculation of the Outstanding Balance.

• 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.

• This Funding Loan Note shall be governed by and be payable in accordance with the terms and conditions of the Funding Loan Agreement dated as of _ 1, 2016 (the "Funding Loan Agreement"), among the Bank, the Governmental Lender and U.S. Bank National Association, in its capacity as fiscal agent (“Fiscal Agent”) pursuant to which the Bank has made the Funding Loan to the Governmental Lender.

More Definitions of Funding Loan

Funding Loan has the meaning provided in Section 4.03 hereof.

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

Funding Loan means the loan originated hereunder by the Bank to the Governmental Lender in an aggregate principal amount of up to $[ ], evidenced by the Funding LoanNote, 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 means the loan in the original principal amount of $ made to the Governmental Lender pursuant to this Funding Loan Agreement by the Initial Funding Lender.

Funding Loan means the loan in the aggregate principal amount of $28,000,000 made to the Governmental Lender pursuant to this Funding Loan Agreement by the Initial Funding Lender.

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 is defined in the Recitals of this Project Loan Agreement.