Examples of First Amended Loan Agreement in a sentence
The Property is not subject to any Leases other than the CPLV Lease, the Forum Shops Lease, the Leases entered into by Forum Shops Lessee, as landlord and the Leases described in the rent roll attached hereto as Schedule I and made a part hereof, which rent roll is true, complete and accurate in all material respects with respect to Leases as of the date of this First Amended Loan Agreement.
Pursuant to and in accordance with the First Amended Loan Agreement, the lenders thereunder agreed to make revolving loans to Borrowers in the aggregate amount of $350,000,000 and subject to increase to up to $650,000,000, a portion of which was made available to Mortgagor (as a Borrower) from time to time as evidenced by those certain Promissory Notes executed by Mortgagor on August 9, 2006, all pursuant to the terms of the First Amended Loan Agreement (collectively, the “First Amended Notes”).
Borrower and Initial Lender amended the First Amended Loan Agreement pursuant to that certain Second Amended and Restated Loan Agreement (the “Second Amended Loan Agreement”), dated as of October 18, 2017, whereupon Initial Lender made an additional advance to Borrower in the amount of $100,000,000.
The parties wish to amend and restate the First Amended Loan Agreement on the terms and conditions set forth herein.
By signing this Agreement, each Loan Party herby confirms that this Agreement shall not effect a novation of any of the obligations of the Loan Parties under the Existing Loan Agreement, any other Loan Document or any Other Related Document, which obligations shall continue in full force and effect as set forth in the First Amended Loan Agreement and such other Loan Documents.
Thereafter, on August 20, 2014, Saxum, Lender and Mxxxxxxx entered into a First Amended Loan Agreement (the "Mxxxxxxx Amended Loan Agreement") and modified the Mxxxxxxx Note and Mxxxxxxx Loan Agreement by increasing the original principal sum of the Note (line of credit) to Three Million and No/100 Dollars ($3,000,000.00).
Nothing herein shall be deemed to entitle any Loan Party to a consent to, or a waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the First Amended Loan Agreement or any other Loan Document in similar or different circumstances.
The First Amended Loan Agreement dated as of the date hereof, including Conversion Rights as set forth in Section 4 thereto and Events of Default as set forth in Section 17 thereto, is attached thereto as Exhibit "A" and incorporated herein by reference.
Lenders are willing to provide the credit facility and amend and restates the First Amended Loan Agreement on the terms and conditions set forth in this Agreement.
Parent and Borrowers have requested that Agent and Lenders continue to provide credit facilities to Borrowers and to amend and restate, in its entirety, the First Amended Loan Agreement and all loan documents executed in connection therewith.