Examples of Taxable Note in a sentence
The provisions of this Section 11 shall not apply to a Taxable Note.
Each Taxable Term Loan made by the Lender and all payments and prepayments on the account of the principal and interest of each Taxable Term Loan shall be recorded by the Lender on the schedule attached to the Taxable Note; provided, however, that the failure of the Lender to make any such endorsement or any error therein shall not affect the obligations of the Authority hereunder or under the Taxable Note in respect of unpaid principal and interest on each Taxable Term Loan.
In the event the Taxable Note Purchase Agreement terminates, this Agreement will be terminated and, in the event the City enters into a replacement or other note purchase agreement, this Agreement will be replaced with a similar note paying agent agreement.
This Agreement applies solely to Direct Purchase Notes purchased by the Bank pursuant to the Taxable Note Purchase Agreement.
City shall advise the Agent of the amount of the Commitment under the Taxable Note Purchase Agreement, including any change in the amount of the Commitment during the term of the Taxable Note Purchase Agreement.