Governmental Lender Note definition

Governmental Lender Note means the Governmental Lender Note described in the recitals of this Funding Loan Agreement.

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Governmental Lender Note means that certain Governmental Lender Note dated the Closing Date in the original maximum principal amount of the Funding Loan, made by the Governmental Lender and payable to Funding Lender, as it may be amended, supplemented or replaced from time to time.

Governmental Lender Note means that certain City of Los Angeles Multifamily Mortgage Revenue Note (Rosa’s Place Apartments) Series 2025A dated the Closing Date in the original maximum principal amount of $40,500,000 made by the Governmental Lender and payable to the Funding Lender, as it may be amended or replaced, the form of which is contained in Exhibit A to this Funding Loan Agreement.

Examples of Governmental Lender Note in a sentence

All of the covenants, conditions and agreements contained in the Funding Loan Documents are hereby made part of this Governmental Lender Note.
No delay or omission on the part of the Holder in exercising any remedy, right or option under this Governmental Lender Note or the Funding Loan Documents shall operate as a waiver of such remedy, right or option.
If there is an Event of Default under the Funding Loan Documents, then in any such event and subject to the requirements set forth in the Funding Loan Agreement, the Holder may declare the entire unpaid principal balance of this Governmental Lender Note and accrued interest, if any, due and payable at once.
The rights, remedies and options of the Holder under this Governmental Lender Note and the Funding Loan Documents are and shall be cumulative and are in addition to all of the rights, remedies and options of the Holder at law or in equity or under any other agreement.
This Governmental Lender Note is subject to all of the terms, conditions, and provisions of the Funding Loan Agreement, including those respecting prepayment and the acceleration of maturity.

More Definitions of Governmental Lender Note

Governmental Lender Note means one of such Governmental Lender Notes.

Governmental Lender Note means that certain City of Los Angeles Multifamily Mortgage Revenue Note (Avalon 1355 Apartments) Series 2024E dated the Closing Date in the original maximum principal amount of $600,643 made by the Governmental Lender and payable to the Funding Lender, as it may be amended or replaced from time to time.

Governmental Lender Note means the Governmental Lender Note attached as Exhibit A to the Funding Loan Agreement, which Governmental Lender Note shall be executed, delivered and become effective on the Conversion Date.

Governmental Lender Note. The promissory note issued by the Governmental Lender under the Funding Loan Agreement to the Funding Lender in the aggregate principal amount of the Funding Loan which is secured by the Borrower’s obligation to repay the Borrower Loan under the Borrower Loan Agreement.

Governmental Lender Note means that certain Multifamily Housing Mortgage Revenue Note (Lakeland Apartments) 2023 Series D in the original maximum principal amount of the Funding Loan, made by the Governmental Lender and payable to the Funding Lender, as it may be amended, supplemented or replaced from time to time.

Governmental Lender Note means that certain City of Los Angeles Multifamily Mortgage Revenue Note (McDaniel House) Series 2022Z, dated the Closing Date in the original maximum principal amount of $1,650,000 made by the Governmental Lender and payable to the Funding Lender, as it may be amended, supplemented or replaced from time to time.

Governmental Lender Note means the Governmental Lender Note described in the recitals of this Funding Loan Agreement, the form of which is contained in Exhibit A to this Funding Loan Agreement.