Closing Date Loan definition

Closing Date Loan as defined in Section 2.1(a).
Closing Date Loan means each Loan made on the Closing Date.
Closing Date Loan shall have the meaning assigned to such term in Section 2.01.

Examples of Closing Date Loan in a sentence

  • Each Additional Loan Obligation, except for Closing Date Loan Obligations acquired during the Post-Closing Acquisition Period, shall satisfy the applicable Eligibility Criteria.

  • The Orthodontic Entity shall be entitled to draw funds from the Initial Working Capital Line up until six (6) months after the Acquisition Closing Date ("Loan Termination Date").

  • On the Closing Date, cause all Closing Date Loan Parties to guarantee the Guaranteed Obligations.

  • Upon and after the Closing Date, Loan Parties and their Subsidiaries do not propose to engage in any business other than as currently conducted and related activities necessary to conduct the foregoing.

  • In the event that any Loan Party shall be entitled to or shall receive any chattel paper or instrument after the Closing Date, Loan Parties shall promptly (and in any event within two (2) Business Days or such longer period as the Administrative Agent may agree) notify the Administrative Agent thereof in writing.


More Definitions of Closing Date Loan

Closing Date Loan means the term loans made on the Closing Date pursuant to Section 2.1(a) in an aggregate principal amount of $150,000,000.
Closing Date Loan means the term loan made by the Lenders on the Closing Date under this Agreement.
Closing Date Loan has the meaning set forth in Section 2.01(a) and shall be comprised of the Five Million Closing Date Loan, the $9.3 Million Closing Date Loan and the Cash Closing Date Loan.
Closing Date Loan to-Value Ratio" means 78%. --------------------------------
Closing Date Loan has the meaning assigned to such term in the introductory paragraphs.
Closing Date Loan. Each Loan identified on Schedule VII attached hereto. For the avoidance of doubt, no Loan sold by the Seller to the Borrower on the Closing Date for which the Borrower is a lender of record as of the Closing Date shall constitute a Closing Date Loan.
Closing Date Loan. Each Loan released from the pledge created by the BOA Facility and participated in full by OFS Funding to OFS Parent and assigned by OFS Parent to the Borrower on the Closing Date pursuant to the Closing Date Agreements and pledged to the Trustee hereunder.