Examples of Project Loan Note in a sentence

The Project Loan shall be evidenced by the Project Loan Note and secured by the Project Loan Mortgage, the Project Loan Assignment of Leases and the other Project Loan Documents.
Each Project Loan Note shall be in substantially the form of Form No. HUD-9204 and each Permanent Note shall be in substantially the form of Form No. HUD-52250, each of which forms is incorporated herein by reference and made a part hereof.
If the Property is sold, through foreclosure or otherwise, prior to the receipt by Lender of the Award, Lender shall have the right, whether or not a deficiency judgment on the Building Loan Note or the Project Loan Note shall have been sought, recovered or denied, to receive the Award, or a portion thereof sufficient to pay the Total Debt.
Notwithstanding any Condemnation, Borrower shall continue to pay the Total Debt at the time and in the manner provided for its payment in the Building Loan Note and the Project Loan Note and in this Agreement and the Project Loan Agreement.
On or about March 16, 2007, Lender extended a separate loan to the Debtor in the principal amount of $8,052,175.00 (the “Project Loan”), as evidenced by that certain Project Loan Note dated March 16, 2007, executed and delivered by Debtor to Lender in the principal amount of $8,052,175.00 (the “Project Note”).

More Definitions of Project Loan Note

Project Loan Note together with the Term Loan Note and the Building Loan Note, and as the same may be further amended, modified or assigned from time to time, collectively, the “Note”).

Project Loan Note has the meaning provided in the Recitals hereto.

Project Loan Note shall have the meaning as set forth in Section 2.1.3.

Project Loan Note means that certain Project Loan Promissory Note, dated the date hereof, in the principal amount of up to the Project Loan Amount made by Borrower in favor of Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time. “Required Equity Funds” shall have the meaning set forth in Section 2.11.13. “Scheduled Defeasance Payments” shall have the meaning set forth in Section 2.5.1(b) hereof. “Security Agreement” shall have the meaning set forth in Section 2.5.1(a)(v) hereof. “Severed Loan Documents” shall have the meaning set forth in Section 8.2(c). hereof. “Shortfall” shall have the meaning set forth in Section 2.1.10 hereof. “Successor Borrower” shall have the meaning set forth in Section 2.5.3 hereof. “Unsatisfied Initial Advance Conditions” shall have the meaning set forth in Section 2.1.20. Section 1.2

Project Loan Note means “the Project Loan Note and any other evidence of indebtedness secured by this Security Instrument,” the word “Property” shall include any portion of the Property and any interest therein, and the phrases “attorneys’ fees”, “legal fees” and “counsel fees” shall include any and all attorneys’, paralegal and law clerk fees and disbursements, including, but not limited to, fees and disbursements at the pre-trial, trial and appellate levels incurred or paid by Mortgagee in protecting its interest in the Property, the Leases and the Rents and enforcing its rights hereunder.

Project Loan Note means the Project Loan Promissory Note Secured by Mortgage given to Lender in principal amount equal to the Total Project Loan Commitment to be executed, dated and delivered by Borrower to Lender as of the Closing Date, secured by the Project Loan Mortgage, as such note may be modified, supplemented, amended and/or in effect from time to time.