Exit Loan definition

Exit Loan shall have the meaning ascribed to such term in the recitals.

Exit Loan has the meaning assigned in Section 3.07.

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.

Examples of Exit Loan in a sentence

• This communication with the client must be documented by the Medical Case Manager in the individual progress notes in the client’s chart and in the Provide® Enterprise Miami data management system, the local Ryan White Part A Program data management information system.

• With respect to the Allowed Intercompany Claim of International in the amount of approximately $20 million, on the Effective Date, such loan claim shall become part of the unsecured Exit Loan Facility.

• Using the product of the: a.Whole Loan Maturity Date Balance and b.Exit Constant, as shown on the Final Data File, we recalculated the “Whole Loan Exit Loan Annual Interest” of each Whole Loan.

• Using the product of the: a.Total Senior Participation Maturity Date Balance and b.Exit Constant, as shown on the Final Data File, we recalculated the “Total Senior Participation Exit Loan Annual Interest” of each Total Senior Participation.

• On the Effective Date, the Exit Loan Documents, including, without limitation, any new promissory notes evidencing the obligations of the Reorganized Debtors, and all other documents, instruments, mortgages, and agreements to be entered into, delivered, or confirmed thereunder, shall become effective, perfected, valid, binding, and enforceable in accordance with their terms, and each party thereto shall be bound thereby, without further notice by the Debtors or Reorganized Debtors.

More Definitions of Exit Loan

Exit Loan means that certain loan to be made by the Exit Lender to fund certain Administrative Expense Claims and fund other payments to creditors as detailed herein.

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.

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.

Exit Loan means that certain loan up to the amount of $50,000.00 non- interest bearing unsecured loan provided by Galina and Mark Datskovsky, which the Debtors shall enter into on the Effective Dateshall be disbursed in full on the Effective Date and memorialized by a promissory note issued by the Reorganized Debtors on the Effective Date in the form attached as a Plan Supplement, with a principal amount of $50,000.00 and bearing a maturity date of December 31, 2021 at 0% interest per annum, with payments commencing in the fifth and final year of the Term of the Plan.

Exit Loan means the loan made by Development Finance, L.P. or its assignee to Debtor in the amount of $10,000,000 and described in the Debtor’s Notice of Exit Financing filed with the Bankruptcy Court on March 8, 2013 (Docket No. 291).

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.

Exit Loan means the Borrowing made to the Borrower pursuant to Section 2.01.