Investor Loans Sample Clauses

Investor Loans. If it is expected that a PENNVEST Loan is to be purchased by an Investor, the PENNVEST Loan must meet the eligibility requirements of the Seller’s Guide, the PENNVEST Guidelines and any Investor-specific requirements. There are no circumstances or conditions with respect to the PENNVEST Loan, the Mortgage, the property subject to the Mortgage, the Mortgagor or the Mortgagor’s credit standing that will cause the relevant Investor to regard the PENNVEST Loan as an unacceptable investment, cause the PENNVEST Loan to become delinquent, or adversely affect the value or marketability of the PENNVEST Loan.
Sample 1
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Investor Loans. (i) 10/98 Loan. At any time after March 31, 1999 but before the earlier of 5:00 p.m., New York time, on December 31, 1999 or payment in full of the 10/98 Loan, the QIP Investors may, at their option, elect to convert into Common Stock up to $600,000 of the outstanding principal, together with the amount of any interest due thereon, owed by the Company to the QIP Investors under the 10/98 Loan. If the QIP Investors elect to so convert, the Company agrees to issue to such QIP Investors that number of shares of Common Stock equal to the amount of principal and interest to be converted by such QIP Investors divided by a conversion price of $1.00 per share. Upon payment in full of the 10/98 Loan and issuance of shares pursuant to this subsection (if required), the QIP Investors shall release the Company from any obligations arising
Sample 1
Investor Loans. Row - % Wtd Avg Wtd Avg Wtd Avg Wtd Avg Wtd Avg FICO Low FICO High Total Collateral Curr. Bal./Loan FICO DTI LTV GWAC % SFD % PUD % Owner Occ % Investor -------- --------- ---------------- --------------- ---- --- --- ---- ----- ----- ----------- ---------- 500 524 0.00% $0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 525 574 0.00% $0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 575 599 0.19% $240,826 588 78.41% 7.37% 78.68% 0.00% 0.00% 100.00% 600 619 0.03% $108,750 611 75.00% 6.50% 100.00% 0.00% 0.00% 100.00% 620 639 0.22% $431,486 629 83.14% 7.32% 0.00% 0.00% 0.00% 100.00% 640 659 0.09% $289,250 674 65.00% 7.25% 0.00% 0.00% 0.00% 100.00% 660 679 0.00% $0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 680 699 0.00% $0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 700 724 0.00% $0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 725 749 0.00% $0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 750 max 0.00% $0 0 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% FICO Low % 2+ family % Full Doc % Ltd Doc % No Doc % MI % Int Only % CA % NY % FL IO 24 IO 36 IO 60 -------- ----------- ---------- --------- -------- ---- ---------- ---- ---- ---- ----- ----- ----- 500 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 525 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 575 21.32% 100.00% 0.00% 0.00% 0.00% 100.00% 28.69% 0.00% 0.00% 100.00% 0.00% 0.00% 600 0.00% 100.00% 0.00% 0.00% 0.00% 100.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00% 620 100.00% 100.00% 0.00% 0.00% 0.00% 100.00% 68.56% 0.00% 0.00% 68.56% 31.44% 0.00% 640 100.00% 0.00% 0.00% 0.00% 0.00% 100.00% 100.00% 0.00% 0.00% 0.00% 0.00% 100.00% 660 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 680 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 700 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 725 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 750 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Sample 1
Investor Loans. (a) Make or offer to make any payment, prepayment, repurchase or redemption of or otherwise defease or segregate funds with respect to the Investor Loans except (i) pursuant to any such offer required by the documentation governing the Investor Loans upon the occurrence of a Change in Control or (ii) pursuant to a conversion thereof exclusively into Capital Stock of Holdings (provided that the terms of such Capital Stock shall not provide for any mandatory redemptions (other than upon the same types of events that would permit an acceleration of the Investor Loans pursuant to the permitted terms thereof) or cash payment of dividends prior to May 1, 2007) or (b) amend, modify, waive or otherwise change, or consent or agree to any amendment, modification, waiver or other change to, any of the terms of the Investor Loans or any preferred Capital Stock issued pursuant to clause (a)(ii) above (other than any such amendment, modification, waiver or other change that (i) would extend the maturity or stated redemption date or reduce the amount of any payment of principal or liquidation preference in respect thereof or reduce the rate or extend any date for payment of interest or dividends thereon and (ii) does not involve the payment of a consent fee).
Sample 1
Investor Loans. At the Closing, Parent and/or Merger Sub shall cause to be repaid all amounts outstanding under the Company's promissory notes issued February 18, 2000, to the North Carolina Enterprise Fund, L.P., and Alliance Semiconductor Corporation (the "Investor Loans"); provided, however, that Parent shall not be required to pay any prepayment or similar penalties on such Investor Loans.
Sample 1

Related to Investor Loans

  • Term SOFR Loans Except as otherwise provided herein, a Term SOFR Loan may be continued or converted only on the last day of an Interest Period for such Term SOFR Loan. During the existence of a Default, no Loans may be requested as, converted to or continued as Term SOFR Loans without the consent of the Required Lenders, and the Required Lenders may demand that any or all of the outstanding Term SOFR Loans be converted immediately to Base Rate Loans.

  • Initial Loans 36 7.2 Initial and Subsequent Loans.................................................................39

  • Bridge Loans For purposes of determining the maturity date of any Indebtedness, customary bridge loans that are subject to customary conditions (including no payment or bankruptcy event of default) that would automatically either be extended as, converted into or required to be exchanged for, permanent refinancing shall be deemed to have the maturity date as so extended, converted or exchanged.

  • Tranche B Loans Subject to the terms and conditions hereof, each Lender agrees to make loans to Borrower (herein called such Lender's "Tranche B Loans") upon Borrower's request from time to time during the Tranche B Revolving Period, provided that (a) subject to Sections 3.3, 3.4 and 3.6, all Lenders are requested to make Tranche B Loans of the same Type in accordance with their respective Percentage Shares and as part of the same Borrowing, (b) after giving effect to such Tranche B Loans, the Tranche B Facility Usage does not exceed the Tranche B Borrowing Base (as defined in Section 2.10) and (c) the Aggregate Facility Usage does not exceed the Maximum Loan Amount. The aggregate amount of all Loans in any Borrowing of Tranche B Loans that are Base Rate Loans must be greater than or equal to $100,000 or must equal the remaining availability under the Tranche B Borrowing Base. The aggregate amount of all Loans in any Borrowing of Tranche B Loans that are Eurodollar Loans must be greater than or equal to $500,000 or must equal the remaining availability under the Tranche B Borrowing Base. Borrowers may have not more than three Borrowings of Tranche B Loans that are Eurodollar Loans outstanding at any time. The obligation of Borrower to repay to each Lender the aggregate amount of all Tranche B Loans made by such Lender, together with interest accruing in connection therewith, shall be evidenced by a single promissory note (herein called such Lender's "Tranche B Note") made by Borrower payable to the order of such Lender in the form of Exhibit A-2 with appropriate insertions. The amount of principal owing on any Lender's Tranche B Note at any given time shall be the aggregate amount of all Tranche B Loans theretofore made by such Lender minus all payments of principal theretofore received by such Lender on such Tranche B Note. Interest on each Tranche B Note shall accrue and be due and payable as provided herein and therein. Each Tranche B Note shall be due and payable as provided herein and therein, and shall be due and payable in full on the Tranche B Maturity Date. Subject to the terms and conditions hereof, Borrower may borrow, repay, and reborrow Tranche B Loans hereunder.

  • Revolving Loans The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of all Revolving Loans outstanding on such date.

  • Subsequent Advances The obligation of TEXTRON to make any advance shall be subject to the further conditions precedent that, on and as of the date of such advance: (i) the representations and warranties of Borrower set forth in this Agreement shall be accurate, before and after giving effect to such advance or issuance and to the application of any proceeds thereof; (ii) no Event of Default and no event which, with notice or passage of time or both, would constitute an Event of Default has occurred and is continuing, or would result from such advance or issuance or from the application of any proceeds thereof; (iii) no material adverse change has occurred in the Borrower's business, operations, financial condition, or assets or in the prospect of repayment of the Obligations; and (iv) TEXTRON shall have received such other approvals, opinions or documents as TEXTRON shall reasonably request.

  • Loans The Sponsor has agreed to make loans to the Company in the aggregate amount of up to $300,000 (the “Insider Loans”) pursuant to a promissory note substantially in the form annexed as an exhibit to the Registration Statement. The Insider Loans do not bear any interest and are repayable by the Company on the earlier of December 31, 2021 or the consummation of the Offering.

  • Incremental Loans Any Incremental Term Loans or Incremental Revolving Commitments effected through the establishment of one or more new term loans or new revolving credit commitments, as applicable, made on an Incremental Facility Closing Date (other than a Loan Increase) shall be designated a separate Class of Incremental Term Loans or Incremental Revolving Commitments, as applicable, for all purposes of this Agreement. On any Incremental Facility Closing Date on which any Incremental Term Commitments of any Class are effected (including through any Term Loan Increase), subject to the satisfaction of the terms and conditions in this Section 2.14, (i) each Incremental Term Lender of such Class shall make a Loan to the Borrower (an “Incremental Term Loan”) in an amount equal to its Incremental Term Commitment of such Class and (ii) each Incremental Term Lender of such Class shall become a Lender hereunder with respect to the Incremental Term Commitment of such Class and the Incremental Term Loans of such Class made pursuant thereto. On any Incremental Facility Closing Date on which any Incremental Revolving Commitments of any Class are effected through the establishment of one or more new revolving credit commitments (including through any Revolving Commitment Increase), subject to the satisfaction of the terms and conditions in this Section 2.14, (i) each Incremental Revolving Lender of such Class shall make its Commitment available to the Borrower (when borrowed, an “Incremental Revolving Loan” and collectively with any Incremental Term Loan, an “Incremental Loan”) in an amount equal to its Incremental Revolving Commitment of such Class and (ii) each Incremental Revolving Lender of such Class shall become a Lender hereunder with respect to the Incremental Revolving Commitment of such Class and the Incremental Revolving Loans of such Class made pursuant thereto.

  • Refunding Loans In its sole and absolute discretion, the Administrative Agent may at any time, on behalf of the Borrower (which hereby irrevocably authorizes the Administrative Agent to act on its behalf for such purpose) and with notice to the Borrower, request each Lender to make a Revolving Loan in the form of a Base Rate Loan in an amount equal to such Lender’s Revolver Percentage of the amount of the Swing Loans outstanding on the date such notice is given. Unless an Event of Default described in Section 9.1(j) or 9.1(k) exists with respect to the Borrower, regardless of the existence of any other Event of Default, each Lender shall make the proceeds of its requested Revolving Loan available to the Administrative Agent, in immediately available funds, at the Administrative Agent’s principal office in Chicago, Illinois, before 12:00 Noon (Chicago time) on the Business Day following the day such notice is given. The proceeds of such Borrowing of Revolving Loans shall be immediately applied to repay the outstanding Swing Loans.

  • Acquisition Loans The proceeds of the Acquisition Loans may be used only for the following purposes: (i) for working capital and general corporate purposes, including, without limitation, the issuance of Letters of Credit and to pay outstanding Floor Plan Loans; and (ii) to make Permitted Acquisitions.

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