Permanent Period Amount means the principal amount of the Borrower Loan following the calculation provided for in the Construction Funding Agreement.
Permanent Period Amount shall have the meaning given such term in the Borrower Loan Agreement.
Permanent Period Amount means the principal amount of the Borrower Loan as of the Conversion Date, as determined in accordance with the Forward Purchase Agreement.
Examples of Permanent Period Amount in a sentence
The amortization schedule that follows is subject to adjustment at the time of Conversion based on the final Conversion Date, the Earn-Out (as defined in the Construction Funding Agreement) and the final Permanent Period Amount (as defined in the Construction Funding Agreement).
In connection with Conversion, the Funding Lender shall have the right to exchange the then existing Series A-1 Governmental Lender Note and Series A-2 Governmental Lender Note on or after the Conversion Date for a new Series A-1 Governmental Lender Note with a dated date of the Conversion Date and in a stated principal amount equal to the Permanent Period Amount.
More Definitions of Permanent Period Amount
Permanent Period Amount means the principal amount of the Borrower Loan following the calculation provided for in the Construction Funding Agreement in connection with Conversion.