Series B-1 Governmental Lender Note definition

Series B-1 Governmental Lender Note means that certain Chula Vista Housing Authority Multifamily Housing Revenue Note (St. Regis Park Apartments) 2019 Series B-1, 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 2Sample 3
Series B-1 Governmental Lender Note means that certain Anaheim Housing Authority Multifamily Housing Revenue Note (Sea Wind Apartments) 2017 Series B-1, 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
Series B-1 Governmental Lender Note means that certain Housing Authority Multifamily of the City of San Diego Housing Revenue Note (New Palace Hotel), 2017 Series B- 1, dated the Closing Date, in the original maximum principal amount of $ , made by
Sample 1

Examples of Series B-1 Governmental Lender Note in a sentence

  • The Borrower Loan advances and Funding Loan advances shall be allocated first to the Series B-1 Borrower Note and the related Series B-1 Governmental Lender Note and, once the foregoing have been fully funded, then to the Series B-2 Borrower Note and the related Series B-2 Governmental Lender Note.

  • In connection with Conversion, the Funding Lender shall have the right to exchange the then existing Series B-1 Governmental Lender Note on or after the Conversion Date for a new Series B-1 Governmental Lender Note with a dated date of the Conversion Date and in stated principal amounts equal to the then outstanding principal amounts of the Series B-1 Governmental Lender Note, the sum of which amounts will equal the Permanent Period Amount of the Borrower Loan.

  • Draws on the Funding Loan and disbursements of the Borrower Loan will initially be attributed to the Series B-1 Governmental Lender Note and the Series B-1 Borrower Note until the maximum principal amount of such notes is funded, and then the Series B-2 Governmental lender Note and the Series B-2 Borrower Note will be drawn down.

  • The Series B-1 Governmental Lender Note shall be payable from payments on the corresponding Series B-1 Borrower Note, the Series B-2 Governmental Lender Note shall be payable from payments on the related Series B-2 Borrower Note and the Series B-3 Governmental Lender Note shall be payable from payments on the related Series B-3 Borrower Note.

  • The Series B-1 Governmental Lender Note shall be payable from payments on the corresponding Series B-1 Borrower Note and the Series B-2 Governmental Lender Note shall be payable from payments on the related Series B-2 Borrower Note.

Related to Series B-1 Governmental Lender Note

  • Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Term Loans of such Lender; provided, at any time prior to the making of the Term Loans, the Term Loan Exposure of any Lender shall be equal to such Lender’s Term Loan Commitment.

  • Incremental Lender means an Incremental Revolving Lender or an Incremental Term Lender.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).

  • Term B-1 Loans has the meaning specified in Section 2.01(a)(ii).

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

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

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

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Term B-1 Lender means a Lender with an outstanding Term B-1 Loan Commitment or an outstanding Term B-1 Loan.

  • Tranche B Term Loan Exposure means, with respect to any Lender, as of any date of determination, the outstanding principal amount of the Tranche B Term Loans of such Lender.

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

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • 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 Loan Commitments has the meaning assigned thereto in Section 5.13(a)(ii).

  • Term Commitment means, as to each Term Lender, its obligation to make Term Loans to the Borrower pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Term Lender’s name on Schedule 2.01 under the caption “Term Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement.

  • Revolving Notes means the promissory notes of the Borrower in favor of each of the Lenders evidencing the Revolving Loans provided pursuant to Section 2.1(e), individually or collectively, as appropriate, as such promissory notes may be amended, modified, supplemented, extended, renewed or replaced from time to time.

  • Term B Loan Commitment means the obligation of the Term B Lenders to make a Term B Loan on the Closing Date in an aggregate principal amount equal to $850,000,000. The Term B Loan Commitment on the Closing Date is $850,000,000.

  • Tranche B Term Loan Lender each Lender that has a Tranche B Term Loan Commitment or is the holder of a Tranche B Term Loan.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Term SOFR Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Initial Note B-1 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Revolving Loan Exposure means, with respect to any Revolving Lender, as of any date of determination (a) prior to the termination of the Revolver Commitments, the amount of such Lender’s Revolver Commitment, and (b) after the termination of the Revolver Commitments, the aggregate outstanding principal amount of the Revolving Loans of such Lender.