Taxable Governmental Lender Note definition

Taxable Governmental Lender Note means the Governmental Lender Note Taxable Series 2016A-2.

Taxable Governmental Lender Note means that certain City of Los Angeles Multifamily Mortgage Revenue Note (Palm Vista Apartments) Taxable Series 2021J-2 dated the Closing Date in the original maximum principal amount of $[2,405,310] made by the Governmental Lender and payable to the Funding Lender, as it may be amended, supplemented or replaced from time to time.

Taxable Governmental Lender Note means that certain Chula Vista Housing Authority Multifamily Housing Revenue Note (Otay Ranch Apartments) 2023 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.

Examples of Taxable Governmental Lender Note in a sentence

• The portion of the Funding Loan evidenced by the Taxable Governmental Lender Note shall mature on its Maturity Date at which time the entire principal amount of the Taxable Governmental Lender Note, to the extent not previously paid, and all accrued and unpaid interest shall be due and payable.

• The portion of the Funding Loan evidenced by the Tax-Exempt Governmental Lender Note shall be drawn down first, in its entirety, before the portion of the Funding Loan evidenced by the Taxable Governmental Lender Note is drawn down.

• The Borrower Loan advances shall be allocated first to the Tax-Exempt Borrower Note and the Tax-Exempt Governmental Lender Note and, once the foregoing have been fully funded, then to the Taxable Borrower Note and the Taxable Governmental Lender Note.

• Following the initial advance, the Borrower Loan advances and the Funding Loan advances shall be allocated first to the Tax-Exempt Governmental Lender Note and Tax-Exempt Borrower Note and, once the foregoing have been fully funded, then to the Taxable Borrower Note and the Taxable Governmental Lender Note.

• Borrower Loan advances and Funding Loan advances shall be allocated first to the Borrower Note Series 2015A-1 and the related Tax-Exempt Governmental Lender Note and, once the foregoing notes have been fully funded, then to the Borrower Note Taxable Series 2015A-2 and the related Taxable Governmental Lender Note.

More Definitions of Taxable Governmental Lender Note

Taxable Governmental Lender Note means that certain Multifamily Housing Revenue Note (Thatcher Yard Housing) Taxable Series 2021W-2 dated the Closing Date in the original maximum principal amount of $[6,553,314] made by the Governmental Lender and payable to the Funding Lender, as it may be amended, supplemented or replaced from time to time.

Taxable Governmental Lender Note means that certain City of Los Angeles Multifamily Mortgage Revenue Note (My Angel Apartments) Taxable Series 2022H-2, dated the Closing Date, in the original maximum principal amount of $[1,477,768] made by the Governmental Lender and payable to the Funding Lender, as it may be amended, supplemented or replaced from time to time.

Taxable Governmental Lender Note means that certain Multifamily Housing Mortgage Revenue Note (Metro @ Florence Apartments) 2023 Series F-2 (Taxable) dated the Closing Date in the original maximum principal amount of $[Taxable Par] made by the Governmental Lender and payable to the Funding Lender, as it may be amended, supplemented or replaced from time to time.

Taxable Governmental Lender Note means that certain Multifamily Mortgage Revenue Note (The Journey Apartments) Taxable Series 2022G-2 dated the Closing Date in the original maximum principal amount of $[2,243,102] made by the Governmental Lender and payable to the Funding Lender, as it may be amended, supplemented or replaced from time to time.

Taxable Governmental Lender Note means that certain City of Los Angeles Multifamily Mortgage Revenue Note (Washington Arts Collective) Taxable Series 2021BB-2 dated the Closing Date in the original maximum principal amount of $[5,900,000] made by the Governmental Lender and payable to the Funding Lender, as it may be amended, supplemented or replaced from time to time.

Taxable Governmental Lender Note means 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.

Taxable Governmental Lender Note means that certain City of Los Angeles Multifamily Mortgage Revenue Note (Villa Vanowen Apartments) Taxable Series 2023P-2 dated the Closing Date in the original maximum principal amount of $[1,699,821] made by the Governmental Lender and payable to the Funding Lender, as it may be amended, supplemented or replaced from time to time.