First Loan Year definition
First Loan Year shall commence on the Closing Date and shall end on the day prior to the Closing Date one year later, and the "Second Loan Year" shall commence on the first annual anniversary of the Closing Date and shall end one year later and so on.
First Loan Year means the period commencing on the Effective Date and ending on the date immediately preceding the first anniversary of the Effective Date.
First Loan Year means the period from the date hereof, to and including December 9, 2007.
Examples of First Loan Year in a sentence
During the First Loan Year, amounts borrowed under this subsection 2.2(c) and repaid or prepaid may be reborrowed subject to the conditions precedent set forth in Sections 4.1 and 4.2 hereof.
Loan Year" shall mean a period consisting of twelve (12) consecutive months commencing on the First day of the first calendar month subsequent to the date hereof, or on any anniversary thereof, the First Loan Year being a Loan Year commencing the First day of February, 1999.
For purposes of making such determination the date of this Note shall be the first day of the First Loan Year and each successive Loan Year will be determined accordingly.
More Definitions of First Loan Year
First Loan Year means the calendar year commencing on February 1, 2002 and each succeeding "Loan Year" shall commence on each February 1st thereafter. Maker shall have the privilege, in the absence of an uncured Event of Default, of making prepayments in full of the outstanding principal amount of the Loan, together with any unpaid interest, on any Monthly Installment due date as follows: