Loan Proceeds means all amounts advanced as part of the Loan, whether advanced directly to Borrower or otherwise.

Loan Proceeds means funds disbursed by Lender on account of the Loan and pursuant to this Loan Agreement.

Examples of Loan Proceeds in a sentence

The Administrative Agent will make such New Money Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to an account of the Borrower designated by the Borrower in the applicable Borrowing Request, which account shall be the DIP Term Loan Proceeds Account.
With respect to Program Credits relating to transactions processed through Participating Sites that do not include Processed Merchant Sites, Settled Loan Proceeds will be disbursed to Amazon Services or the applicable Covered Affiliate.
For the avoidance of doubt, with respect to Program Credits originated by Bank, Bank will disburse the Settled Loan Proceeds to Amazon; and with respect to Program Credits originated by Affirm’s Affiliate, Affirm Loan Services, LLC, such Affirm Affiliate will disburse the Settled Loan Proceeds to Amazon.
Notwithstanding the Use of Loan Proceeds, the Loan does not include the interests, expenses and fees of any kind the Borrower is required pay and agreed upon in this Agreement.
Notwithstanding any provision of this Agreement or the Note to the contrary, there shall be no Advance of any Loan Proceeds after that date which is fifteen (15) months form the date of this Agreement.

More Definitions of Loan Proceeds

Loan Proceeds means the funds disbursed to the Borrower pursuant to this Agreement and any proceeds thereof.

Loan Proceeds means all of the following: (i) any and all proceeds with respect to any or all of the Loans and any or all of the Underlying Collateral, including principal, interest, default interest, prepayment fees, premiums and charges, extension and exit fees, late fees, assumption fees, other fees and charges, insurance proceeds and condemnation payments (or any portion thereof) that are not used and disbursed to repair, replace or restore the related Underlying Collateral in accordance with the terms of the Loan Documents and the Ancillary Documents, and, with respect to any Acquired Property, operating cash flow realized from such Acquired Property net of Servicing Expenses, whether paid directly to the Company or payable to or distributed by an Ownership Entity; (ii) any and all proceeds from sales or other dispositions or refinancings of any or all of the Loans (including Acquired Property) net of Servicing Expenses incurred in connection with such sale or other disposition or refinancing; (iii) any proceeds from making a draw under any letter of credit or certificate of deposit held with respect to any Loan, provided that such draw is permitted by the terms of the Loan Documents;

Loan Proceeds has the meaning given that term in the LLC Operating Agreement. “Loan Schedule” has the meaning given that term in the recitals.

Loan Proceeds means the total amount of money to be paid pursuant to Section 2.02 hereof by Lender to (a) Borrower or any Vendor for the Project Costs or (b) Escrow Agent for deposit and application in accordance with the Escrow Agreement.

Loan Proceeds means the funds disbursed to a Borrower pursuant to a Loan Account established by Bank under the Program.