Acquisition Loan Amount definition

Acquisition Loan Amount is an Acquisition Loan or Acquisition Loans in an amount equal to Twenty Million Dollars ($20,000,000).
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Acquisition Loan Amount means the principal sum of Six Hundred Forty-Five Thousand Dollars ($645,000).
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Acquisition Loan Amount means a portion of the Loan Amount equal to $13,000,000.00.
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Examples of Acquisition Loan Amount in a sentence

  • During the Draw Period, Bank shall make up to three acquisition loans (each an “Acquisition Loan”) available to Borrower in an aggregate amount up to the Acquisition Loan Amount subject to the satisfaction of the terms and conditions of this Agreement.

  • A fee (the “Unused Facility Fee”), payable quarterly, in arrears, on a calendar year basis, in an amount equal to three/tenths of one percent (0.30%) per annum of the average unused portion of the Revolving Line and the unused portion of the Acquisition Loan Amount, as determined by Bank.

  • The term "Closing" shall mean the execution and delivery of all Loan Documents capable of being executed and delivered on the date of closing, June 24, 2005, and the satisfaction of all conditions precedent to the disbursement of the Acquisition Loan Amount.

  • The Acquisition Loan Amount shall be disbursed at Closing upon satisfaction of all conditions for disbursement stated herein.

  • The Borrower shall pay from its own funds the difference between the Acquisition Loan Amount and the actual purchase price, plus all closing costs, including, without limitation, recordation and transfer taxes, title examination costs and title insurance premiums, document preparation fees, real property taxes and counsel fees in connection with the acquisition of the Land.

  • The term "Acquisition Loan" shall mean the initial disbursement at Closing of Loan Proceeds in the principal sum of the Acquisition Loan Amount to be used by the Land Owner for the acquisition of fee simple title to the Land plus certain closing and construction expenses.

  • Rather, similes hinge on properties that are possessed by prototypical or stereo- typical members of a category (see Ortony, 1979; Norrick, 1986) evenif most members of the category do not also possess them.

  • Subject to the provisions of Sections 3.1. and 3.2. as herein set forth, the portion of the Loan consisting of the Acquisition Loan Amount shall be disbursed by the Bank to the Borrower at Closing for Land Owner's acquisition of the Land.

  • The term "Acquisition Loan Amount" shall mean the principal sum of Six Hundred Forty-Five Thousand Dollars ($645,000).


More Definitions of Acquisition Loan Amount

Acquisition Loan Amount means, as of the Closing Date, the amount of Indebtedness incurred under the Acquisition Loan Agreement that is explicitly used to fund the purchase of the Purchased Units purchased by Buyer from Seller hereunder.
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Acquisition Loan Amount means, with respect to any Acquisition financed ----------------------- in whole or in part with proceeds of an Acquisition Loan, an amount, determined as of the Funding Date of such Acquisition Loan, equal to (A) an amount, designated by Borrower up to but not exceeding 100% of the Cash Purchase Consideration payable by Borrower in consideration of such Acquisition less (B) the aggregate amount includable in the Borrowing Base in respect of Eligible Receivables and Eligible Inventory which are acquired, or are to be acquired, by Borrower pursuant to, or which are owned by a Person that becomes an Acquired Subsidiary as a result of, such Acquisition.
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Acquisition Loan Amount means $8,397,402.00.
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Acquisition Loan Amount means the sum of up to ONE MILLION AND NO/100 DOLLARS ($1,000,000.00) or a lesser amount actually borrowed.
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Acquisition Loan Amount means an amount equal to $760,000,000.00, which represents the portion of the principal amount of the Loan advanced pursuant to this Agreement on the date hereof.
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Related to Acquisition Loan Amount

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Maximum Revolving Advance Amount means $30,000,000.

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Term Loan Commitment Amount means, (a) as to any Lender that is a Lender on the Closing Date, the dollar amount set forth opposite such Lender’s name on the Commitment Annex under the column “Term Loan Commitment Amount”, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party, and (b) as to any Lender that becomes a Lender after the Closing Date, the amount of the “Term Loan Commitment Amount(s)” of other Lender(s) assigned to such new Lender pursuant to the terms of the effective assignment agreement(s) pursuant to which such new Lender shall become a Lender, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $62,680,000, as such amount may be reduced or increased from time to time pursuant to this Agreement.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).