Examples of Committed Loan Amount in a sentence
Any interest, fees and other payments accrued on and after the Effective Date with respect to the Assigned Committed Loan Amount shall be for the account of Assignee.
The Borrower shall pay to the Administrative Agent for the account of each Lender in accordance with its Applicable Percentage, a commitment fee, in Dollars, equal to the Applicable Rate times the daily amount by which the Aggregate Commitments exceed the sum of (i) the Outstanding Committed Loan Amount of Committed Loans plus (ii) the Outstanding Committed Loan Amount of L/C Obligations, calculated on the basis of a 360-day year and the number of actual days elapsed.
If CoBank determines, in its sole discretion, that (a) any such information (including without limitation, assumptions, projections, forecasts or costs included in the Contiguous System Information) lacks a reasonable basis, or (b) that the Acquisition Cost is too high, then CoBank may reject such information, in which case CoBank shall not make the requested Acquisition Loan, or CoBank may make adjustments to such information before determining the Contiguous System Committed Loan Amount.
When FFCA and Debtor have agreed upon the provisions of such Term Sheet (including, without limitation, the Committed Loan Amount) and executed the Term Sheet, FFCA will order a title insurance commitment and phase I environmental report for the proposed Site and instruct its counsel to begin preparing the applicable Loan Documents.
Such Lender’s commitment on the Loan Fund that has not been disbursed and its Disposable Committed Loan Amount shall be automatically cancelled upon such notice by the Agent Bank.
Subject to and upon the terms and conditions of this Agreement, Bank agrees, at any time from the date of this Agreement through the Term Availability Date, to make Advances to Borrower in an aggregate principal amount not to exceed the Committed Loan Amount; provided, however, the initial Advance in the amount of approximately Six Million Dollars ($6,000,000) shall be used by Borrower to pay in full an obligation owed to one of Borrower's European distributors (the "Existing Obligation").
Subject to and upon the terms and conditions of this Agreement, Bank agrees, at any time from the date of this Agreement through April 29, 1999, to make Advances to Borrower in an aggregate principal amount not to exceed the Committed Loan Amount LESS the outstanding Obligations under the First Term Loan Facility as determined on the Closing Date.
Xxxxxx Title: VP Technology Ventures [SIGNATURE PAGE TO FIRST AMENDMENT TO NOTE PURCHASE AGREEMENT] EXHIBIT A SCHEDULE OF PURCHASERS Name and Address Committed Loan Amount Alex & Xxxxxxx Xxxxxx $ 100,000 Xxxx, Xxxxxx Trust Under Deed of Trust Dated January 11, 1997 $ 30,000 Buff Investments L.P. $ 30,000 Xxxx, Xxxxxxxx Xxxxx Trust Under Deed of Trust Dated January 11, 1997 $ 25,000 Buff, Xxx Xxxxxxx $ 65,000 Istock Family Trust as Amended and Restated in 2016 $ 100,000 PM Operating Ltd.
Bank shall, at its option, charge such interest, all Bank Expenses, and all Periodic Payments against any of Borrower's deposit accounts or against the Committed Loan Amount, in which case those amounts shall thereafter accrue interest at the rate then applicable hereunder.
In consideration of the increase of the Committed Loan Amount to $3,000,000, the Company shall amend the Royalty Agreement (the “Royalty Agreement Amendment”) to increase the perpetual royalty payment payable to CPP to six percent (6%) of the proceeds of the Company’s oil, gas and mineral sales, effective as of August 1, 2011, as described in the Royalty Agreement Amendment.