Term Loan Facility Amount Sample Clauses

Term Loan Facility Amount. The Existing Mortgage secures an existing term loan facility amount for all Term Loans of Fifty Million and 00/100 Dollars ($50,000,000.00), with an aggregate outstanding principal balance as of the date hereof for all Term Loans of Forty-Eight Million Seven Hundred Seventy-Two Thousand Five Hundred Seventy-One and 53/100 Dollars ($48,772,571.53). The Existing Mortgage is hereby amended to reflect that the term loan facility is increased as of the date hereof to Sixty Million and No/100 Dollars ($60,000,000.00) and may be further increased as of the Subsequent Borrowing Date (if it actually occurs) to Seventy-Five Million and 00/100 Dollars ($75,000,000.00), and the Existing Mortgage, as amended by this Amendment, shall secure said increased amounts.