Series A-2 Borrower Note definition
Examples of Series A-2 Borrower Note in a sentence
Reference is made to the Borrower Loan Agreement and to the Series A-2 Borrower Note for complete payment and prepayment terms of the Series A-2 Borrower Note, payments on which are passed-through under this Governmental Lender Note.
The Borrower Loan advances and Funding Loan advances shall be allocated first to the Series A-1 Borrower Note and the related Series A-1 Governmental Lender Note and, once the foregoing have been fully funded, then to the Series A-2 Borrower Note and the related Series A-2 Governmental Lender Note.
The Series A-1 Governmental Lender Note shall be payable from payments on the corresponding Series A-1 Borrower Note and the Series A-2 Governmental Lender Note shall be payable from payments on the related Series A-2 Borrower Note.
Reference is made to the Borrower Loan Agreement and to the Series A-2 Borrower Note for complete payment and prepayment terms of the Series A- 2 Borrower Note, payments on which are passed-through under this Governmental Lender Note.
Draws on the Funding Loan and disbursements of the Borrower Loan will initially be attributed to the Series A-1 Governmental Lender Note and the Series A-1 Borrower Note until the maximum principal amount of such notes is funded, and then the Series A-2 Governmental lender Note and the Series A-2 Borrower Note will be drawn down.