Original Principal Amount of Note. Date of Note:
Original Principal Amount of Note. Date of Note: (Failure to check the appropriate space(s) shall not affect the enforceability or application of this Agreement.) This Hospital Regulatory Agreement – Borrower (this “Agreement”) is entered into this day of , 20 , between , a organized and existing under the laws of _, whose address is , its successors, heirs, and assigns (“Borrower”) and the U.S. Department of Housing and Urban Development, acting by and through the Secretary, his or her successors, assigns or designates (“HUD”). Borrower is sometimes also referred to as “Owner” or “Mortgagor” or “Hospital” in the Loan Documents and Program Obligations. To the extent that Borrower contracts with any other party to perform any functions included in this Agreement, Borrower shall maintain ultimate responsibility for performance of all required functions included herein. In consideration of, and in exchange for an action by HUD, HUD and Xxxxxxxx agree to the terms of this Agreement. The HUD action may be one of the following: HUD’s endorsement for insurance of the Note, HUD’s consent to the transfer of any of the Mortgaged Property, HUD’s sale and conveyance of any of the Mortgaged Property, or HUD’s consent to other actions related to Borrower, the Project, or to the Mortgaged Property. Borrower and HUD execute this Agreement in order to comply with Program Obligations, with the requirements of the National Housing Act, as amended, and the regulations adopted by HUD pursuant thereto. This Agreement shall continue during such period of time as HUD shall be the owner, holder, or insurer of the Note. Upon satisfaction of the Note, as evidenced by the discharge or release of the Borrower’s Security Instrument, this Agreement shall automatically terminate. However, Borrower shall be responsible for any violations of this Agreement which occurred prior to termination. Violation of this Agreement or Program Obligations may subject Borrower and other signatories hereto to adverse actions. Borrower and HUD covenant and agree as follows:
Original Principal Amount of Note. Date of Note: Borrower: Profit-Motivated ___ Non-Profit ___ Is Non-Profit Xxxxxxxx permitted to take Distributions? Yes___ No___ (Failure to check the appropriate space(s) shall not affect the enforceability or application of this Agreement.)
Examples of Original Principal Amount of Note in a sentence
Xxxxxxx, Chief Executive Officer /S/XXXX XXXXX By:_______________________ Name: Xxxx Xxxxx Its: President Original Principal Amount of Note: $112,000 Purchase Price: $100,000 (less $5,000 document preparation fee) Warrants: 160,000 /S/XXXXXX XXXXXXX By:_______________________ Name: Xxxxxx Xxxxxxx Its: President of the Investment Manager to Gemini Master Fund, Ltd.
Original Principal Amount of Note: $ 50,000.00 Purchase Price: $ 45,000.00 IN WITNESS WHEREOF, the undersigned Buyer and the Company have caused this Agreement to be duly executed as of the date first above written.
SUBSCRIPTION AMOUNT: Original Principal Amount of Note: $66,000.00 Purchase Price: $60,000.00 IN WITNESS WHEREOF, the undersigned Buyer and the Company have caused this Agreement to be duly executed as of the date first above written.
Approval is requested by the Administration to participate in the Free & Reduced price lunch program for the school year 2016-2017.
Original Principal Amount of Note: Purchase Price: Ladies and Gentlemen: Pursuant to Section 3 of the Agreement, the Seller hereby requests that the Administrative Agent enter into a Transaction with the Administrative Agent to purchase the Eligible Assets listed on the Purchased Asset Schedule attached hereto as Annex 1 in accordance with the Agreement.
More Definitions of Original Principal Amount of Note
Original Principal Amount of Note. Originally endorsed for insurance under Section
Original Principal Amount of Note. Date of Note: Borrower: Profit-Motivated ___ Non-Profit ___ Is Non-Profit Xxxxxxxx permitted to take Distributions? Yes___ No___ (Failure to check the appropriate space(s) shall not affect the enforceability or application of this Agreement.) Is the mortgage insurance premium reduced based on the Borrower’s commitment to meet certain energy performance standards? Yes___ No___
Original Principal Amount of Note. Originally endorsed for insurance under Section . Date of Note: This Regulatory Agreement (this “Agreement”) is entered into as of [ ], between , a organized and existing under the laws of , whose address is , its successors, heirs, and assigns (jointly and severally) (“Operator”) and the United States Department of Housing and Urban Development, acting by and through the Secretary, his or her successors, assigns or designates (“HUD”). If Operator is also the Borrower, references to “Borrower” herein shall refer to Operator and Borrower’s Regulatory Agreement, as defined below, is incorporated herein by this reference.
Original Principal Amount of Note. $11,863,400.00 Date of Note: April 1, 2020 Borrower: Profit-Motivated _x__ Non-Profit _¨__ Is Non-Profit Xxxxxxxx permitted to take Distributions? Yes_¨__ No_¨__ Previous versions obsolete Page 1 of 31 form HUD-92466-ORCF (06/2019) This Healthcare Regulatory Agreement – Borrower (this “Agreement”) is dated as of the date or dates acknowledged below to be effective as of April 1, 2020, between CHP FRIENDSWOOD SNF, LLC, a limited liability company organized and existing under the laws of Delaware, whose address is c/o Summit Healthcare REIT, Inc., 0 Xxxxx Xxxxxx Xxxxx, Xxxxx 000, Xxxx Xxxxxx, Xxxxxxxxxx 00000, its successors, heirs, and assigns (jointly and severally) (“Borrower”) and the U.S. Department of Housing and Urban Development, acting by and through the Secretary, his or her successors, assigns or designates (“HUD”). Borrower is sometimes also referred to as “Owner” or “Mortgagor” in the Loan Documents and Program Obligations. If Borrower is also Operator, references in this Agreement to Operator refer to Borrower. To the extent that Borrower contracts with any other party to perform any functions included in this Agreement, Borrower shall maintain ultimate responsibility for performance of all required functions included herein. In consideration of, and in exchange for an action by HUD, HUD and Xxxxxxxx agree to the terms of this Agreement. The HUD action may be one of the following: HUD’s endorsement for insurance of the Note, HUD’s consent to the transfer of any of the Mortgaged Property, HUD’s sale and conveyance of any of the Mortgaged Property, or HUD’s consent to other actions related to Borrower, the Project, or to the Mortgaged Property. Borrower and HUD execute this Agreement in order to comply with Program Obligations, with the requirements of the National Housing Act, as amended, and the regulations adopted by HUD pursuant thereto. This Agreement shall continue during such period of time as HUD shall be the owner, holder, or insurer of the Note. Upon satisfaction of the Note, as evidenced by the discharge or release of the Borrower Security Instrument, this Agreement shall automatically terminate. However, Borrower shall be responsible for any violations of this Agreement which occurred prior to termination. Violation of this Agreement or Program Obligations may subject Borrower and other signatories hereto to adverse actions. Borrower and HUD covenant and agree as follows:
Original Principal Amount of Note. Date of Note: This Healthcare Regulatory Agreement – Operator (this “Agreement”) is entered into this _ _ day of , 20_ _, between _ , a existing under the laws of , whose address is assigns (jointly and severally) (“Operator”) and the U.S. Department of Housing and Urban Development, acting by and through the Secretary, his or her successors, assigns or designates (“HUD”). If Operator is also Borrower, references to “Borrower” herein shall refer to Operator and the Borrower’s Regulatory Agreement, as defined below, is incorporated herein by this reference. [Use the following language when Operator is not the same legal entity as Borrower: In consideration of HUD’s consent to the Borrower-Operator Agreement, HUD and Operator agree to the terms of this Agreement.] HUD and Operator execute this Agreement in order to comply with Program Obligations, with the requirements of the National Housing Act, as amended, and the regulations adopted by HUD pursuant thereto. This Agreement shall continue during such period of time as HUD shall be the owner, holder, or insurer of the Note. Upon satisfaction of the Note, as evidenced by the discharge or release of the Borrower’s Security Instrument, this Agreement shall automatically terminate. However, Operator shall be responsible for any violations of this Agreement which occurred prior to termination. Violations of this Agreement or Program Obligations may subject Operator and other signatories hereto to adverse actions.
Original Principal Amount of Note. Date of Note: Originally endorsed for insurance under Section: This Supplemental Regulatory Agreement ‒ Master Tenant (this “Agreement”) is entered into as of [ ], between , a organized and existing under the laws of , whose address is , it successors, heirs and assigns (jointly and severally) (“Master Xxxxxx”) and the United States of Department of Housing and Urban Development, acting by and through the Secretary, his or her successors, assigns or designates (“HUD”). This Agreement shall continue during such period of time as HUD shall be the owner, holder or insurer of the Note. Upon satisfaction of such Note, as evidenced by the discharge or release of the Borrower’s Security Instrument, this Agreement shall automatically terminate. However, notwithstanding such termination, Master Tenant shall remain responsible for any violations of this Agreement which occurred prior to termination.
Original Principal Amount of Note. $7,630,500.00 Date of Note: as of December 1, 2014 Borrower: Profit-Motivated _X_ Non-Profit ___ Is Non-Profit Xxxxxxxx permitted to take Distributions? Yes___ No___ (Failure to check the appropriate space(s) shall not affect the enforceability or application of this Agreement.)