Permanent Loan Documents definition

Permanent Loan Documents means collectively, this Agreement, the Note, the Ancillary Permanent Loan Documents, the Purchased Documents, and all other documents now or hereafter executed by Borrower or any other Person to evidence or secure the payment of the Indebtedness or the performance of Borrower or otherwise now or hereafter executed in connection with this Agreement, the Note or the Mortgage and all amendments, modifications, restatements, extensions, renewals and replacements of the foregoing.

Permanent Loan Documents means the Loan Documents (as defined in the Construction Loan and Permanent Loan Agreement) applicable during the Permanent Mode.

Examples of Permanent Loan Documents in a sentence

Further, subject to any provisions in the Lease, the Construction Loan documents and the Permanent Loan Documents, any insurance proceeds received by the Company or a Subsidiary as a result of damage or destruction to any improvements within the Project shall be used to reconstruct such improvements, to the extent legally permissible, and provided that the Lease continues in force and effect.
From and after such notice has been given to Landlord, Landlord shall have the same period for remedying the default complained of as the cure period provided to Tenant under the Permanent Loan Documents.
A default under the Construction Loan shall, at Bank’s election, also be a default under the Permanent Loan Documents, and such a default will, at the election of the Bank, trigger an acceleration of Borrower’s obligations under the Permanent Loan.
Giving effect to the Loan and the Permanent Loan Documents, the fair saleable value of the Borrower’s assets will, immediately following the making of the Permanent Loan and the Permanent Lender’s purchase of the Bonds, exceed the Borrower’s total liabilities, including subordinated, unliquidated, disputed and contingent liabilities.
If the Permanent Lender purchases the Funding Loan upon Conversion, principal and interest shall be paid as provided in the Permanent Loan Documents.

Permanent Loan Documents means any amendment, modification or restatement of the Loan Documents determined by Bondowner Representative to be necessary to evidence the conversion of the Loan to the Permanent Loan. Bondowner Representative reserves the right to require such other documents, instruments and agreements reasonably necessary to document the Permanent Loan.

Permanent Loan Documents has the meaning assigned to such term in the Permanent Loan Agreement, and all amendments, modifications, restatements, extensions, renewals and replacements of the foregoing.

Permanent Loan Documents shall have the meaning assigned to such term in the Permanent Loan Agreement.

Permanent Loan Documents means those documents that collectively set forth the terms of agreement between the Borrower, Xxxxxxx Mac, and Xxxxx Fargo in connection with the Permanent Loan, consisting of all documents executed and delivered to evidence, secure or guarantee the Permanent Loan.

Permanent Loan Documents means those documents that collectively set forth the terms of agreement between the Borrower, Freddie Mac, and Wells Fargo in connection with the Permanent Loan, consisting of all documents executed and delivered to evidence, secure or guarantee the Permanent Loan.

Permanent Loan Documents means, collectively, the Mortgage Note, the Mortgage, the Multifamily Loan and Security Agreement, and all other documents, agreements and instruments delivered on the Conversion Date and evidencing, securing or otherwise relating to the Permanent Loan, as each such document, agreement or instrument may be amended, supplemented or restated from time to time. Neither the Financing Agreement nor the Use Covenant is a Permanent Loan Document and neither document is secured by the Mortgage or the Multifamily Loan and Security Agreement.