Equipment Loan Amount or "Equipment Loan Amounts" means, individually or collectively, as the context may require, the aggregate amount set forth in Section 2 or, with respect to each Premises, the individual amount set forth on Exhibit A.
Equipment Loan Amount is an amount equal to Five Hundred Thousand Dollars ($500,000.00).
Equipment Loan Amount is the aggregate amount of the Equipment Advance.
Examples of Equipment Loan Amount in a sentence
Subject to the satisfaction of the terms and conditions of this Agreement, Bank shall make advances (each an “Equipment Loan Advance”) available to Borrower in an amount not to exceed the Equipment Loan Amount on the Effective Date through and including the Equipment Loan Commitment Termination Date.
Similarly, the term "Committed Equipment Loan Amount" in Section 1.26 of the Original Loan Agreement, as amended by the First Amendment, shall continue to refer to the principal amount of Fifteen Million Dollars ($15,000,000.00).
Each Equipment Loan Advance must be in an amount equal to the lesser of Two Hundred Fifty Thousand Dollars ($250,000.00) or the amount that has not yet been drawn under the Equipment Loan Amount.
More Definitions of Equipment Loan Amount
Equipment Loan Amount. One Million Seven Hundred Fifty Thousand Dollars ($1,750,000.00) (the “Equipment Loan Amount”)
Equipment Loan Amount is defined on Schedule A.
Equipment Loan Amount means the aggregate amount of the Site Specific Equipment Loan Amounts, which Equipment Loan Amount shall be subject to the aggregate limitation set forth in Section 4.
Equipment Loan Amount. The actual and reasonable cost of the Equipment, but in no event more than $ . Outside Closing Date: , 199 . 01/518316.1 Arby's 8000- ACCEPTED AND AGREED TO as of , 199 . ------------------ -- FFCA MORTGAGE CORPORATION, ARBY'S RESTAURANT HOLDING a Delaware corporation COMPANY, a Delaware corporation By By Printed Name Printed Name Its Its 01/518316.1 Arby's 8000- EXHIBIT A LEGAL DESCRIPTION 01/518316.1 Arby's 8000- EXHIBIT L FORM OF PROPERTY NOTICE 01/514412.5 Arby's PROPERTY NOTICE This Property Notice is delivered by Arby's Restaurant Holding Company, a Delaware corporation ("Debtor"), to FFCA Mortgage Corporation, a Delaware corporation ("FFCA"), pursuant to Sections 2.B and 3.A of that certain Loan Agreement dated as of , 1996 between FFCA and Debtor (the "Agree- ment"). Capitalizedterms used herein without definition shall have the same meaning given in the Agreement. Debtor intends to acquire or has acquired the proposed Site described below at which an Arby's Restaurant or Dual Concept will be constructed, and requests that FFCA make the Loan and Equipment Loan described below following completion of such construction: Proposed Site Location: Proposed Site Legal Description: See attached Exhibit A. Requested Loan Amount: $ . Purchase price paid or to be paid for the land comprising the proposed Site: $ . -------------------------- Anticipated cost of the building and improvement hard costs for the Arby's Restaurant or Dual Concept to be constructed at the proposed Site: $ . -------------------------- Anticipated cost of the site improvement hard costs for the Arby's Restaurant or Dual Concept to be constructed at the proposed Site: $ . Anticipated soft costs (fees for architect, survey, engineer, licenses and permits) for the Arby's Restaurant or Dual Concept to be constructed at the proposed Site: $ . ---------------- Description of prototype Improvements proposed to be constructed at the proposed Site, including the square footage and planned variations from the prototype: See attached Exhibit B.
Equipment Loan Amount is the aggregate amount of the Equipment Loan.
Equipment Loan Amount shall have the meaning set forth in the Equipment Loan Agreement.
Equipment Loan Amount is defined in Section 2.1(b) of this Agreement.