Examples of RUS Notes in a sentence
In the case of Contemporaneous Loans and RUS Notes existing prior to the date of this Agreement under previous agreements, pre- payments shall be treated as if governed by this section.
Nothing in this sub- part shall prohibit any borrower from prepaying its outstanding RUS Notes in accordance with the terms thereof.
If, after prepayment of RUS Notes, the Government should continue to hold liens on the borrower’s property, the Administrator of RUS will consider a request for the accommodation of such liens for the purpose of providing security for loans the proceeds of which were used to prepay RUS Notes.
RUS loan documentation generally permits borrowers to prepay RUS Notes by paying the outstanding bal- ance due thereon.
The RUS Roll-Up shall not for any purpose under the RUS Notes be treated as a loan modification, refinancing, prepayment or repayment of the RUS Notes in the amount of Roll-Up Loans, and the Debtor shall not be subject to premium or penalty as a result of the Roll-Up. Other than the superpriority claim status thereof, the RUS Roll-Up Loans shall continue to be governed by the RUS Debt Documents in all respects.
If, after prepayment of RUS Notes, the Government should continue to hold liens on the borrower’s property that secure loans made or guaranteed pursuant to the Act, the Administrator of RUS or the Governor of the Rural Telephone Bank, as the case may be, will consider request for the accommo- dation of such liens for the purpose of providing security for loans the pro- ceeds of which were used to prepay RUS Notes.
In the case of Contemporaneous Loans and RUS Notes existing prior to the date of this Agreement under previous agreements, prepayments shall be treated as if governed by this section.
Such lien accommodations shall be limited in amount to the Discounted Present Value of the RUS Notes plus such costs, as the Administrator shall determine to be reasonable, incurred by the borrower in obtaining such loans.
In the case of Contemporaneous Loans and RUS Notes existing prior to the date ofthis Agreement under previous agreements, prepayments shall be treated as if governed by this section.
At closing, a borrower shall prepay the RUS Notes by paying to the Govern- ment an amount equal to the Dis- counted Present Value of the RUS Notes.