Exit Loan definition

Exit Loan shall have the meaning ascribed to such term in the recitals.
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Exit Loan has the meaning assigned in Section 3.07.
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Exit Loan means that certain loan up to the amount of $50,000.00 provided by Galina and Mark Datskovsky, which the Debtors shall enter into on the Effective Date.
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Examples of Exit Loan in a sentence

  • The Company shall repay to the Agent for the ratable account of each applicable Lender on the Termination Date the aggregate principal amount of the Loans made (or deemed made) by such Lender to the Company then outstanding (other than to the extent that the First Lien Last OutNew Money Loans and Junior Loans are converted to loans under the Exit Facility in accordance with the terms of this Agreement and of the Exit Loan Agreement).

  • The Company shall repay to the Agent for the ratable account of each applicable Lender on the Termination Date the aggregate principal amount of the Loans made (or deemed made) by such Lender to the Company then outstanding, together with any accrued and unpaid interest with respect to such Loans (other than to the extent that the New Money Loans and Junior Loans are converted to loans under the Exit Facility in accordance with the terms of this Agreement and of the Exit Loan Agreement).

  • At the end of this period you will be entitled to terminate the Service by giving 30 days written notice to us (further details about leaving the service are set out in Section 10 – Ending this Agreement.

  • Each Non-Extending Lender's CE Commitment shall be cancelled on the date it makes its Exit Loan.

  • The Purchase Shares Purchase Price and the initial advances to be made under the Exit Loan Facility may be paid in part from the release to the Company of the Purchaser's ▇▇▇▇▇▇▇ money deposit (together with earnings thereon) made pursuant to Section 1.2 hereof.


More Definitions of Exit Loan

Exit Loan means the credit facility provided by Interstellar to the Reorganized Debtor upon the Effective Date of the Plan.
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Exit Loan means that certain loan extended to the District pursuant to that certain “Debtor in Possession Credit Agreement” dated as of February 9, 2019 between the District and the City of Tulare, California on the terms in existence as of the Effective Date.
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Exit Loan means the loan funded by the Exit Lender, not to exceed $20,143,000, pursuant to the Commitment Letter and the Loan Transactional Documents.
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Exit Loan means the up to $350,000 loan with equity option Dean Holland shall make to the Reorganized Debtor to close within 10 business days of the Confirmation Date, under such documents as the parties agree. The Exit Loan shall be secured by a junior lien on all assets of the Reorganized Debtor, subordinate to the prepetition existing liens.
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Exit Loan means that certain unsecured loan from the Exit Lender to the Debtors, in an original principal amount of $12.5 million ($12,500,000), to be used by the Debtors pursuant to the terms hereof and the Exit Loan Agreement.
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Exit Loan means the Borrowing made to the Borrower pursuant to Section 2.01.
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Exit Loan means the loan made by Development Finance, L.P. or its assignee
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