Final Payment Date. The date that corresponds to the maturity date of the Loan. The actual Final Payment Date for this LRO, and those of its series, will be finalized on the Original Issue Date. The Final Payment Date, as initially identified above, is “to be determined.” Following the issuance of this LRO and without any action on the part of the Holder, the Company will (i) revise this Agreement to reflect the actual Final Payment Date, (ii) notify (by email) the Holder of such change, and (iii) make available to the Holder a copy of this Agreement (as revised) through the Groundfloor Platform.
Appears in 2 contracts
Sources: Limited Recourse Obligation Agreement (Groundfloor Real Estate 1, LLC), Limited Recourse Obligation Agreement (Groundfloor Real Estate 1, LLC)
Final Payment Date. The date that corresponds to the maturity date of the Loan. The actual Final Payment Date for this LRO, and those of its series, will be finalized on the Original Issue Date. The Final Payment Date, as initially identified above, is “to be determined.” Following the issuance of this LRO and without any action on the part of the Holder, the Company will (i) revise this Agreement to reflect the actual Final Payment Date, (ii) notify (by email) the Holder of such change, and (iii) make available to the Holder a copy of this Agreement (as revised) through the Groundfloor Platform.
Appears in 1 contract
Sources: Limited Recourse Obligation Agreement (Groundfloor Real Estate 3, LLC)