Existing Loan means the loan identified on Exhibit H.

Existing Loan shall have the meaning as set forth in Section 2.7.1.

Existing Loan means any “Loan” under and as defined in the Existing Three Year Credit Agreement.

Examples of Existing Loan in a sentence

The Existing Loan Documents are hereby amended wherever necessary to reflect the changes described above.
Except as expressly modified pursuant to this Loan Modification Agreement, the terms of the Existing Loan Documents remain unchanged and in full force and effect.
It is the intention of Bank and Borrower to retain as liable parties all makers of Existing Loan Documents, unless the party is expressly released by Bank in writing.
Borrower understands and agrees that in modifying the existing Obligations, Bank is relying upon Borrower’s representations, warranties, and agreements, as set forth in the Existing Loan Documents.
It is the intention of Bank and Borrower to retain as liable parties all makers and endorsers of Existing Loan Documents, unless the party is expressly released by Bank in writing.

More Definitions of Existing Loan

Existing Loan shall have the meaning attributed to such term in the recitals to this Agreement.

Existing Loan means a Loan (as defined in the Existing Credit Agreement).

Existing Loan means each mortgage or mezzanine loan secured by a Property listed on Appendix C to this Schedule II.

Existing Loan means (i) each mortgage or mezzanine loan secured by a Target Asset listed on Appendix C to this Schedule II and (ii) all unsecured indebtedness of an American Assets Entity or of an entity in which an American Assets Entity has a direct or indirect interest that will be assumed, prepaid, repaid or refinanced in connection with the IPO and that is set forth on Appendix D to this Schedule II (all indebtedness falling within the scope of this clause (ii) shall be referred to as “Entity Specific Debt”); for the avoidance of doubt, no Intercompany Debt shall constitute an Existing Loan (in order to avoid double counting, as Intercompany Debt is adjusted for through the definition of “Allocated Share”). Existing Entity Specific Debt will be deemed to relate to the Target Asset(s) and, if to multiple Target Assets, in the proportions set forth opposite the name of such Entity Specific Debt on Appendix D to this Schedule II, and all such Entity Specific Debt will be deemed to have a Base Balance of zero (because “Equity Percentage” as determined by Duff & Xxxxxx, LLC was determined at the property level and did not take into account Entity Specific Debt, Entity Specific Debt is deemed to be zero in order to cause a readjustment of “Equity Value” of all Target Assets after taking into account such Entity Specific Debt).

Existing Loan as defined in subsection 2.6(a).

Existing Loan has the meaning specified in Section 1.10(b).