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"Senior Construction Lender" means Umpqua Bank, or such senior construction <br />lender designated by the Developer and approved in advance by the City for the Project. <br />"Senior Construction Loan" means the construction loan made by Senior <br />Construction Lender to Borrower. <br />"Senior Lender" means the Senior Construction Lender prior to the Conversion <br />Date and, thereafter, the Senior Pennanent Lender during the remainder of the Tenn of <br />Agreement, or any other holder of the Senior Loan Note(s) or any refinancing of the Senior <br />Loan Note(s). <br />"Senior Loan" shall mean the senior loan being made by Senior Lender concurrent <br />to the City Loan for payment of a portion of the acquisition and new construction costs, <br />and shall include any subsequent loan that refinances the initial Senior Loan. <br />"Senior Loan Deed of Trust" means the deed of trust securing the Senior Loan <br />by encumbering the Property, as the same may be amended and restated from time to time. <br />"Senior Loan Documents" means, collectively, the loan agreement govenling the <br />Senior Loan, the Senior Loan Note, the Senior Loan Deed of Trust, and any other <br />agreement, document or instrument that the Senior Lender requires in connection with the <br />Senior Loan, as the same may be amended and restated from time to time. <br />"Senior Loan Note" means the promissory note evidencing the Senior Loan from <br />Senior Lender, as the same may be amended and restated from time to time. <br />"Senior Permanent Lender" means Citibank, N.A., a national banking <br />association, or such senior permanent lender as may be designated by Developer and <br />approved in advance by the City as the senior permanent lender for the Project. <br />"Senior Permanent Loan" means the pennanent loan made by Senior Permanent <br />Lender to Borrower. <br />"Tax Credit Investor" means R4 WHCA Acquisition LP, a Delaware limited <br />partnership. <br />"Tax Credit Rules" means [ 1• [See Section 6.13(a)] <br />"Term of Agreement" the terms and conditions contained herein shall commience <br />upon the date first written above and remain in effect for fifty-five (55) years from the <br />issuance of the Certificate of Completion. <br />"Very Low Income" means an adjusted income that does not exceed fifty percent <br />(50%) of the area median income for the Orange County, California PMSA, adjusted for <br />household size, as published by HUD. <br />1.2. Singular and Plural Terms. Any defined term used in the plural in this <br />Westview l3ouse <br />City Rental Rehabilitation Prog un Loan Agreement <br />