Series A-2 Governmental Lender Note definition

Series A-2 Governmental Lender Note means that certain Austin Housing Public Facility Corporation Multifamily Mortgage Revenue Note (Cairn Point at Cameron) Series 2023A- 2, dated the Closing Date, in the original principal amount of $ , made by the Governmental Lender and payable to the Funding Lender, as executed by the Governmental Lender on the Closing Date and as it may thereafter be amended or supplemented from time to time.
Sample 1Sample 2
Series A-2 Governmental Lender Note or “Taxable Governmental Lender Note” shall mean that certain Chula Vista Housing Authority Multifamily Housing Revenue Note (Columba Apartments) 2021 Series A-2 (Taxable), dated the Closing Date, in the original maximum principal amount of $ , made by the Governmental Lender and payable to the Funding Lender, as executed by the Governmental Lender and as it may thereafter be amended or supplemented from time to time.
Sample 1Sample 2
Series A-2 Governmental Lender Note means that certain Anaheim Housing Authority Multifamily Housing Revenue Note (Cobblestone Apartments) 2017 Series A-2, dated the Closing Date, in the original maximum principal amount of $ , made by the Governmental Lender and payable to the Funding Lender, as executed by the Governmental Lender on the Closing Date and as it may thereafter be amended or supplemented from time to time.
Sample 1Sample 2

Examples of Series A-2 Governmental Lender Note in a sentence

  • 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.


More Definitions of Series A-2 Governmental Lender Note

Series A-2 Governmental Lender Note means that certain Austin Housing Finance Corporation Multifamily Mortgage Revenue Note (Govalle Terrace Apartments) Series 2019 A- 2, dated the Closing Date, in the original principal amount of $ , made by the Governmental Lender and payable to the Funding Lender, as executed by the Governmental Lender on the Closing Date and as it may thereafter be amended or supplemented from time to time.
Sample 1
Series A-2 Governmental Lender Note or “Taxable Governmental Lender Note” shall mean that certain Anaheim Housing Authority Multifamily Housing Revenue Note (The Salvation Army Anaheim Center of Hope Apartments) 2022 Series A-2 (Taxable), dated the Closing Date, in the original maximum principal amount of $ , made by the Governmental Lender and payable to the Funding Lender, as executed by the Governmental Lender and as it may thereafter be amended or supplemented from time to time.
Sample 1

Related to Series A-2 Governmental Lender Note

  • Term Loan Exposure means, with respect to any Term Loan Lender, as of any date of determination (a) prior to the funding of the Term Loan, the amount of such Lender’s Term Loan Commitment, and (b) after the funding of the Term Loan, the outstanding principal amount of the Term Loan held by such Lender.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Incremental Lenders has the meaning set forth in Section 2.14(c).

  • Term Loan Lender means a Lender with a Term Loan Commitment or a Term Loan.

  • Refinancing Notes means any secured or unsecured notes or loans issued by the Borrower or any Subsidiary Loan Party (whether under an indenture, a credit agreement or otherwise) and the Indebtedness represented thereby; provided, that (a) (i) 100% of the Net Proceeds of such Refinancing Notes that are secured on a pari passu basis with the Term B-1 Loans are used to permanently reduce Loans and/or replace Commitments substantially simultaneously with the issuance thereof or (ii) 90% of the Net Proceeds of any other Refinancing Notes are used to permanently reduce Loans and/or replace Commitments substantially simultaneously with the issuance thereof; (b) the principal amount (or accreted value, if applicable) of such Refinancing Notes does not exceed the principal amount (or accreted value, if applicable) of the aggregate portion of the Loans so reduced and/or Commitments so replaced (plus unpaid accrued interest and premium (including tender premiums) thereon and underwriting discounts, defeasance costs, fees, commissions and expenses); (c) the final maturity date of such Refinancing Notes is on or after the Term Facility Maturity Date or the Revolving Facility Maturity Date, as applicable, of the Term Loans so reduced or the Revolving Facility Commitments so replaced; (d) the Weighted Average Life to Maturity of such Refinancing Notes is greater than or equal to the Weighted Average Life to Maturity of the Term Loans so reduced or the Revolving Facility Commitments so replaced, as applicable; (e) in the case of Refinancing Notes in the form of notes issued under an indenture, the terms thereof do not provide for any scheduled repayment, mandatory redemption or sinking fund obligations prior to the Term Facility Maturity Date of the Term Loans so reduced or the Revolving Facility Maturity Date of the Revolving Facility Commitments so replaced, as applicable (other than customary offers to repurchase or mandatory prepayment provisions upon a change of control, asset sale or event of loss and customary acceleration rights after an event of default); (f) the other terms of such Refinancing Notes (other than interest rates, fees, floors, funding discounts and redemption or prepayment premiums and other pricing terms), taken as a whole, are substantially similar to, or not materially less favorable to the Borrower and its Subsidiaries than the terms, taken as a whole, applicable to the Term B-1 Loans (except for covenants or other provisions applicable only to periods after the Latest Maturity Date in effect at the time such Refinancing Notes are issued), as determined by the Borrower in good faith (or, if more restrictive, the Loan Documents are amended to contain such more restrictive terms to the extent required to satisfy the foregoing standard); (g) there shall be no obligor in respect of such Refinancing Notes that is not a Loan Party; and (h) Refinancing Notes that are secured by Collateral shall be subject to the provisions of a Permitted Pari Passu Intercreditor Agreement or a Permitted Junior Intercreditor Agreement, as applicable.