Allocation of Loan Sample Clauses

Allocation of Loan. (a) The principal amount of the Loan shall be allocated between the Facilities as follows: Facility Allocated Amount Stonecreek Lodge $7,207,500.00 Meadowbrook $2,595,000.00
Sample 1
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Allocation of Loan. The Loan shall be allocated among the Original Loans and the Closing Date Advances in the amounts set forth below:
Sample 1
Allocation of Loan. (a) The principal amount of the Loan shall be allocated among the Facilities as follows: Facility Allocated Amount Xxxxxx Oaks $6,960,000.00 Xxxxxxxxxxx Xxxxx $0,000,000.00 Xxxxxxx Xxxxxxx $2,850,000.00
Sample 1
Allocation of Loan. Although Borrowers are jointly and severally liable for the Loan and nothing in this Agreement is intended or shall be construed to limit or impair their joint and several liability, Borrowers and Lender agree that for purposes of Section 3.5 and this Article 10 of this Agreement, the principal amount of the Loan shall be allocated among the Facilities and the Subsidiaries based on the relative fair market values of the Facilities as determined by Lender in its sole discretion, based on Appraisals satisfactory to Lender in its sole discretion (herein, the “Allocated Loan Amounts”). Because Lender has not yet received and approved the Appraisals of the Facilities, Borrowers and Lender agree that the initial Allocated Loan Amounts are as follows:
Sample 1
Allocation of Loan. Although Borrowers are jointly and severally liable for the Loan and nothing in this Agreement is intended or shall be construed to limit or impair their joint and several liability, Borrowers and Lender agree that for purposes of this Article 11 and Section 7.2, the principal amount of the Loan is allocated among the Facilities and Borrowers as follows (herein, the “
Sample 1
Allocation of Loan. The Loan shall be allocated as follows: ------------------ Property Allocated Loan Basis -------- -------------------- Denver North $ 720,000 Denver South $ 936,000 Colorado Springs $ 628,000 Tampa $ 792,000 Melbourne $ 684,000 TOTAL $3,760,000 Each payment of principal shall cause a proportionate reduction in the allocated Loan basis for each Property, provided, however, that any release payment pursuant to Article 7 shall be applied first to the allocated Loan basis --------- for the Property being released and any excess amounts shall cause a proportionate reduction in the allocated Loan basis for each remaining Property.
Sample 1

Related to Allocation of Loan

  • Termination of Loans In addition to BTC’s authority to terminate a loan of Securities pursuant to the terms of the applicable Securities Lending Agreement as described in Section 2.4 above, BTC shall terminate any Securities loan to a Borrower in accordance with the applicable Securities Lending Agreement promptly:

  • Acceleration of Loan On the service of a notice under paragraph (a)(ii) of Clause 19.2, the Loan, all accrued interest and all other amounts accrued or owing from the Borrower or any Security Party under this Agreement and every other Finance Document shall become immediately due and payable or, as the case may be, payable on demand.

  • Notification of Advances, Interest Rates, Prepayments and Commitment Reductions Promptly after receipt thereof, the Agent will notify each Lender of the contents of each Aggregate Commitment reduction notice, Borrowing Notice, Conversion/Continuation Notice, and repayment notice received by it hereunder. The Agent will notify each Lender of the interest rate applicable to each Eurodollar Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate.

  • Notification of Advances, Interest Rates and Prepayments The Administrative Agent will notify each Lender of the contents of each Borrowing Notice, Conversion/Continuation Notice, and repayment notice received by it hereunder not later than the close of business on the Business Day such notice is received by the Administrative Agent. The Administrative Agent will notify each Lender of the interest rate applicable to each LIBOR Rate Advance promptly upon determination of such interest rate and will give each Lender prompt notice of each change in the Alternate Base Rate.

  • Allocation of CDSCS (1) CDSCS RELATED TO THE REDEMPTION OF COMMISSION SHARES OTHER THAN OMNIBUS SHARES: CDSCs in respect of the redemption of Commission Shares which are not Omnibus Shares shall be allocated to PSI or Successor Distributor depending upon whether the related redeemed Commission Share is attributable to PSI or Successor Distributor, as the case may be, in accordance with Part I above.

  • Allocation of Losses Section 5.04

  • Ratable Allocation of Premium So long as each Fund continues to operate as an investment company, each Fund agrees to pay its proportionate share of the total premium due under the Policy, which share shall be determined based on each Fund’s proportionate share of the sum of the premiums that would have been paid if such insurance coverage were purchased separately by the Funds.

  • Allocation of Costs The Fund shall pay the cost of composition and printing of sufficient copies of its Prospectus and SAI as shall be required for periodic distribution to its shareholders and the expense of registering Shares for sale under federal securities laws. You shall pay the expenses normally attributable to the sale of Shares, other than as paid under the Fund's Distribution Plan under Rule 12b-1 of the 1940 Act, including the cost of printing and mailing of the Prospectus (other than those furnished to existing shareholders) and any sales literature used by you in the public sale of the Shares and for registering such shares under state blue sky laws pursuant to paragraph 8.

  • Allocation of Prepayments Before any optional or mandatory prepayment of Borrowings hereunder, the Borrower shall select the Borrowing or Borrowings to be prepaid and shall specify such selection in the notice of such prepayment pursuant to Section 2.10(f).

  • Acceleration of Loans Declare the unpaid principal of and any accrued interest in respect of all Loans, any reimbursement obligations arising from drawings under Letters of Credit and any and all other indebtedness or obligations of any and every kind owing by a Credit Party to any of the Lenders hereunder to be due whereupon the same shall be immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Credit Parties.

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