Assumed Loans definition

Assumed Loans means those Loans made by the Assumption Lenders and secured by the Assumption Properties which the Purchaser (or its assignees) intends to assume at Closing upon the purchase of the Assumption Properties.
Assumed Loans means those loans listed on Exhibit 1.1(b) attached hereto, subject to the provisions of Section 2.6.

Examples of Assumed Loans in a sentence

  • Assumed Loans Section 515 loans may be assumed in conjunction with the transfer of ownership of the property.

  • In addition, at or before the Closing, the Contributors shall have caused each Lender related to the Assumed Loans to have released the Contributors and each of their affiliates (other than the Partnerships or their subsidiaries) from any liability in respect of obligations first arising on or after the Closing Date pursuant to any recourse obligations, guarantees, indemnification agreements, letters of credit posted as security or other similar obligations under the respective Existing Loan Documents.

  • Through the grace of Allâh Ta’ala, this routine will change to one of sincerity.

  • Direct Debt - Loans or obligations, either domestic or external, directly contracted by the national government.For the purpose of this bulletin, Total Direct Debt includes NG Direct Loans (Agency/ Relent), NG Assumed Loans and Debt Securities; and bond exchange transactions Disbursements / Drawings / Issuance- Amount drawn/issued, in cash or in kind, against loan commitments.

  • The Assumed Loans bear interest at a fixed rate of 9.25% and provide for monthly principal and interest payments based on a 16.75-year amortization schedule.


More Definitions of Assumed Loans

Assumed Loans shall have the meaning set forth in Section 2.16(d).
Assumed Loans means the loans identified on Exhibit G attached hereto having an aggregate, current and actual balance equal to (x) One Hundred Fifty Nine Million One Hundred Fifty Nine Thousand Six Hundred Ninety Five and 40/100 Dollars ($159,159,695.40) minus (y) the Paydown Amount, as such Assumed Loans have been modified in accordance with the Assumed Loan Modification Terms, provided, that the Assumed Loans shall not include any Pre- Closing Date Interest/Principal Payments.
Assumed Loans shall have the meaning assigned thereto in Section 2.3(a).
Assumed Loans means the loans listed in Schedule 5 hereto.
Assumed Loans shall have the meaning set forth in Section 3.2(a).
Assumed Loans means those loans to be identified in the Plans Supplement to be reinstated, as necessary, and assumed by JD Holdings pursuant to the terms of the underlying loan agreement(s) and/or an agreement between JD Holdings and the applicable lender or its authorized representative.
Assumed Loans means, collectively, those certain loans set forth on Schedule 6.4(a).