Examples of TIFIA Note in a sentence
As evidence of the Borrowe¶srobligation to repay the TIFIA Loan, the Borrower shall issue andivderl to the TIFIA Lender, on or prior to the Effective Date, the TIFIA Note substantially in the form oEf xhibit A , having a maximum principal amount of $8,449,000(subject to increase or decrease as herein provided) and bearing interest at the rate set forth in Section6 (Interest Rat)e.
During any time that the 2021 TIFIA Note is Outstanding and all or any portion of the 2021 TIFIA Note is held by a Qualified Holder (as defined in Section 6.1 hereof), neither Section 3.9 nor Section 3.10 of the Twelfth Supplemental Indenture may be amended, supplemented or otherwise modified, nor may compliance with the requirements of such sections be waived by the Trustee, without the prior written consent of the Qualified Holder.
All acts, conditions and things required by the Constitution and laws of the State to happen, exist, and be performed precedent to and in the issuance of this TIFIA Note have happened, exist and have been performed as so required.
This TIFIA Note is issued with the intent that the federal laws of the United States of America shall govern its construction to the extent such federal laws are applicable and the internal laws of the State shall govern its construction to the extent such federal laws are not applicable.
The principal of the 2021 TIFIA Note shall be payable on the due date or dates thereof (whether at stated maturity or, if applicable, on a prior redemption date or optional or mandatory prepayment date) and the interest on the 2021 TIFIANote shall be payable at the times and in the manner provided in the TIFIA Loan Agreement and the 2021 TIFIA Note Form.
Disbursements made under and pursuant to the TIFIA Loan Agreement and the 2021 TIFIA Note shall be used for the purposes of (i) financing a portion of the Eligible Costs of the 183 North Mobility Project and (ii) refinancing a portion of Eligible Project Costs of the 183 North Mobility Project funded with the proceeds of the Series 2021C BANs by using amounts drawn under the TIFIA Loan Agreement to pay all or a portion of the Series 2021C BANs.
This TIFIA Note may be prepaid at the option of the Borrower in whole or in part (and, if in part, the principal installments and amounts thereof to be prepaid are to be determined in accordance with the TIFIA Loan Agreement; provided, however, such prepayments shall be in principal amounts of at least $100,000), at any time or from time to time, without penalty or premium, by paying to the TIFIA Lender all or part of the principal amount of the TIFIA Note in accordance with the TIFIA Loan Agreement.
The obligations of the Borrower under this Section 28 (Fees and Expenses) shall survive the payment or prepayment in full or transfer of the TIFIA Note, the enforcement of any provision of this Agreement or the other TIFIA Loan Documents, any such amendments, waivers or consents, any Event of Default, and any such workout, restructuring, or similar arrangement.
The 2021 TIFIA Note shall be subject to prepayment or redemption, in whole or in part, and at such times, in such amounts and with such notice as may be provided in the TIFIA Loan Agreement.
The form of the 2021 TIFIA Note shall be substantially as set forth in and attached as Exhibit A to the TIFIA Loan Agreement, with such omissions, insertions, and variations as permitted or required by the Master Indenture, this Supplemental Indenture and the Award Certificate.