ILLUMINATION FOUNDATION (40) - Laserfiche WebLink

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(bb) "Senior Lender" means a commercial or private financial institution providing the Senior Loan or any other holder of the Senior Loan Note. (cc) "Senior Loan" means a loan from the Senior Lender concurrent to the HHAP Grant for payment of a portion of the construction costs, and shall include any subsequent loan that permanently refinances the initial Senior Loan. (dd) "Senior Loan Deed of Trust" means the first deed(s) of trust securing the Senior Loan by encumbering the Property. (ee) "Senior Loan Documents" means, collectively, the loan agreement governing the Senior Loan, the Senior Loan Note, the Senior Loan Deed of Trust, and any other agreement, document or instrument that the Senior Lender requires in connection with the Senior Loan. (ff) "Very Low Income" means an adjusted income that does not exceed fifty percent (50%) of the area median income for the Orange County, California PMSA, adjusted for household size, as published by HUD. (gg) "Very Low Income Household" means an individual or family whose annual income qualifies as Very Low Income, adjusted for household size, as published by HUD. 1.2 Singular and Plural Terms. Any defined term used in the plural in this Agreement shall refer to all members of the relevant class and any defined term used in the singular shall refer to any number of the members of the relevant class. 1.3 References and Other Terms. Any reference to this Agreement shall include such document both as originally executed and as it may from time to time be modified. References herein to Articles, Sections and Exhibits shall be construed as references to this Agreement unless a different document is named. References to subparagraphs shall be construed as references to the same Section in which the reference appears. The term "document" is used in its broadest sense and encompasses agreements, certificates, opinions, consents, instruments and other written material of every kind. The terms "including" and "include" mean "including (include) without limitation." 1.4 Exhibits Incorporated. All exhibits to this Agreement, as now existing and as the same may from time to time be modified, are incorporated herein by this reference. The exhibits attached hereto and incorporated herein include: Exhibit A — Legal Description of the Property Exhibit B — Project Description/Scope of Work Exhibit C —Project Budget Exhibit D — Affordable Housing Regulatory Agreement and Declaration of Covenants and Restrictions Exhibit E — State HHAP Round 1, 2 and 3 Agreements