Series 2022 Note definition

Series 2022 Note means the Series 2022 Note of the Borrower in the aggregate principal amount of $[12,280,000] in substantially the form attached hereto as Exhibit A which will be issued and delivered by the Borrower to the Issuer to evidence the loan of the proceeds of the Series 2022 Bonds and any Note issued in exchange therefor pursuant to Section 3.7 hereof.

Series 2022 Note means the Borrower’s Promissory Note dated the Closing Date to the Issuer by the Borrower, evidencing and securing the obligation of the Borrower to repay the loan of the proceeds of the Series 2022 Bond at the times and in amounts sufficient to pay the principal of and interest on the Series 2022 Bond.

Series 2022 Note means the Series 2022A Note and Series 2022B Note of each Borrower in the aggregate maturity amounts of $2,700,000 in substantially the forms attached hereto as Exhibit A-1 and Exhibit A-2 which will be issued and delivered by the Borrower to the City to evidence the Loan in the respective amounts due by IDM and SBCC and any Note issued in exchange for the Series 2022 Note pursuant to Section 3.7 hereof. As set forth in Section 2.2(i) hereof, the Series 2022 Note will be drawn in an aggregate amount not to exceed $2,700,000 as set forth in Section 2.2(i).

Examples of Series 2022 Note in a sentence

• As used in this Loan Agreement, the following terms shall‌ have the following meanings unless the context clearly otherwise requires: "Act" means, collectively, Indiana Code 36-7-11.9, 12 and 14, as in effect on the date the first series of the Series 2022 Note is funded.

• In consideration of the premises, the Loan, the acceptance of the Series 2022 Note by the City, and of other good and valuable consideration, the receipt whereof is hereby acknowledged, the Borrower has executed and delivered this Loan Agreement.

• In certain events and in the manner set forth in the Loan Agreement, payments due under this Series 2022 Note are entitled to forgiveness.

• The Borrower shall not be entitled to any reimbursement therefor from the City, nor shall it be entitled to any diminution in or abatement or postponement of the amounts payable hereunder or under the Series 2022 Note.

• The Borrower's obligations under this Series 2022 Note are subject in all respects to the further provisions of the Loan Agreement.

• PRELIMINARY STATEMENT Indiana Code, Title 36, Article 7, Chapters 11.9, 12 and 14, as in effect on the date the first series of the Series 2022 Note is funded (collectively, "Act"), have been enacted by the General Assembly of Indiana.

• This Loan Agreement provides for the payment of the Series 2022 Note by the Borrower and further provides for the Borrower's repayment obligation to be evidenced by a Series 2022 Note by each Borrower entity receiving funding to the extent of such funding received, substantially in the form attached hereto as Exhibit A-1 and Exhibit A-2.

• No provisions of this Loan Agreement or of the Series 2022 Note shall require the payment or permit the collection of interest in excess of the maximum permitted by law.

• Subject to the further provisions of this Loan Agreement including Section 3.1, the Loan will be payable solely out of the payments to be made by the Borrower on the Series 2022 Note.

• The Loan is being evidenced by the execution and delivery by the Borrower of the Series 2022 Note substantially in the form attached hereto as Exhibit A-1 and Exhibit A-2.‌ (End of Article II) RESOLUTION NO.

More Definitions of Series 2022 Note

Series 2022 Note means the Vicar's Landing Obligated Group Note, Series 2022 dated , 2022 issued as an Obligation under the Master Indenture by the Borrower, as Obligated Group Representative evidencing and securing the obligation of the Borrower to repay the loan of the proceeds of

Series 2022 Note means the Master Note, Series 2022, No. 1 issued by the Borrower to the Trustee, as assignee of the Issuer, as evidence of and security for the Borrower’s obligation to make Loan Payments under the Loan Agreement.

Series 2022 Note means the promissory note issued by the Borrower pursuant to this Agreement in a principal amount equal to the principal amount of the Series 2022 Bond as substantially in the form attached as Exhibit A to the Related Supplement, as altered, amended, modified or supplemented from time to time.

Series 2022 Note means the Series 2022 Note authorized and issued pursuant to this Ordinance. If specified by the Initial Purchaser, the Series 2022 Note may be designated byFinal Terms Certificate and delivered to such Initial Purchaser as “Series 2022 Bonds,” in which event all references herein to the Series 2022 Note shall be construed to refer to the Series 2022 Bonds.

Series 2022 Note means the not to exceed $8,000,000 Hospital Revenue Note, Series 2022 (Hawarden Regional Healthcare Project).