Examples of Series A-1 Governmental Note in a sentence
The Series A-1 Governmental Note and the Series A-2 Governmental Note shall be in substantially the form attached as Exhibit A-1 hereto, and the Series B-1 Governmental Note and the Series B-2 Governmental Note shall be in substantially the format attached as Exhibit A-2 hereto.
The Series A-1 Governmental Note and the Series B-1 Governmental Note shall be issued in favor of U.S. Bank, and the Series B-1 Governmental Note and the Series B-2 Governmental Note shall be issued in favor of BMO Xxxxxx Bank.
The Initial Installment of the Funding Loan shall be advanced by the Initial Funding Lender on the Series A-1 Governmental Note and deposited in the Project Loan Fund on the Delivery Date for application as provided in Section 2.11.
Any extension of the Advance Termination Date shall be subject to the receipt by the Fiscal Agent of (i) the prior written consent of the Initial Funding Lender and the Permanent Funding Lender and (ii) an opinion of Bond Counsel (which shall also be addressed to the Funding Lender Representative) to the effect that such extension will not adversely affect the tax-exempt status of the Series A-1 Governmental Note.
From and after the Conversion Date, all references to the Governmental Notes shall mean only the Series A-1 Governmental Note, also referred to herein as Tax-Exempt Governmental Note.
A portion of the proceeds of the Series A-1 Governmental Note, the Series A-2 Governmental Note, and the Subordinate Bonds will be used to refund the Prior Note, and the remainder of the proceeds thereof and the proceeds of the Series B-1 Governmental Note and the Series B-2 Governmental Note will be used to finance the Project.