First Loan definition

First Loan means the HUD-insured loan in the original principal amount of $_______, made by First Lender to Landlord, secured by the Healthcare Facility, as such Loan may be amended, increased or decreased.

First Loan has the meaning set forth in Section 2.3 of the Loan Agreement.

First Loan means the principal amount borrowed by the Borrowers from the First Banks under the First Loan Agreement or (as the context may require) the amount thereof at any time outstanding;

Examples of First Loan in a sentence

• The amount then owing under the Second Note shall become immediately due and payable: (i) upon the sale, disposition or transfer of the Property by the Borrower, or (ii) upon the payment in full or refinancing of the First Loan, or (iii) upon an Event of Default hereunder.

• This loan is unsecured and carries the same terms and conditions as the First Loan.

• In the event that the Resumption is approved by the Stock Exchange (whether conditionally or unconditionally), then the Retained Subsidiaries will remain in the Retained Group as subsidiaries of the Company immediately after the First Loan Conversion and the Subscription.

• The First Loan Review Rule informs borrowers and lenders of SBA’s process for reviewing PPP loan applications and loan forgiveness applications.

• Therefore, in Part III.2 of the First Loan Forgiveness Rule (85 FR 33004, 33005), the introductory question is redesignated as paragraph a.

More Definitions of First Loan

First Loan means the Loan attributable to the first Utilisation to take place under the Facility Agreement.

First Loan means the loan by an Institutional Lender to theParticipant as provided under the First Note provided under Section 201.2 of this Agreement.

First Loan means the first Loan borrowed hereunder; provided that the First Loan will be deemed to have extended on the Initial Credit Date at a principal amount of zero if no amounts have been borrowed hereunder at such time.

First Loan means the HUD-insured loan in the original principal amount of

First Loan means the amount of R125 106 116 (one hundred and twenty five million and one hundred and six thousand and one hundred and sixteen Rand) which the Borrower agreed to borrow from the Lender and which the Lender agreed to lend to the Borrower and which entire amount has been drawn down by the Borrower and is still outstanding;

First Loan a loan in the principal amount of HK$10,000,000 granted by the Lender to the First Borrower under the First Loan Agreement

First Loan shall have the meaning set forth in Section 2.1 hereof.