Initial Capital Loan definition

Initial Capital Loan means the initial capital loan of UHS to the Partnership described in Section 3.1(c).
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Examples of Initial Capital Loan in a sentence

  • In order to calculate the approximate total loss to the community, rather than the average loss to individual homeowners, Dr. Sheppard combined data from the Federal Housing Finance Administration house price index data and the BLS data on prices (used for constructing the CPI and other price indices) to construct a price index for the region that allowed him to estimate total residential property values at different times.

  • From and after such time as UHS contributes any of the deferred portion of the UHS Contribution and makes any portion or all of the Initial Capital Loan to the Partnership, UHS shall have the right to reduce the stated amount of the Letter of Credit such that the sum of contributions actually made to the Project Fund from the UHS Contribution and the Initial Capital Loan and the stated amount of the Letter of Credit equals Eighty Million Dollars ($80,000,000).

  • The Initial Capital Loan amount shall be Eight Million Dollars ($8,000,000) and shall be added to the Project Fund.

  • Only after UHS contributes all of the deferred portion of the UHS Contribution, the Initial Capital Loan may be drawn upon from time to time to fund continuing capital expenditures in accordance with the Capital Plan or after completion of the Capital Plan otherwise in accordance with Section 3.7.2.

  • Burcon made its Initial Capital Loan Advance of $4,000,000 to Merit Foods (note 3) on June 28, 2019 and made its Additional Capital Loan Advance of $4,000,000 to Merit Foods on September 3, 2019.

  • Rather, it was the ID number against name of husband of complainant against house was allotted.

  • The UHS Contribution and Initial Capital Loan shall be used only for the Project Fund.

  • To the extent funds derived from the Partnership are not sufficient, it is the intent of the Partners that the Partners will contribute an additional Forty-Five Million Dollars ($45,000,000) to the Partnership in excess of the University Contribution, the UHS Contribution and the Initial Capital Loan for Hospital operations over a ten (10) year period following the Transfer Date.

  • With the Shareholders Agreement and the Licence Agreement having taken effect after the completion of the Initial Capital Loan Advance (see note 3), the Company commenced deferring development costs related to its pea and canola proteins.

  • UHS shall enter into a loan agreement with the Partnership whereby UHS shall make the Initial Capital Loan.

Related to Initial Capital Loan

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • Working Capital Loans means any loan made to Acquiror by any of the Sponsor, an Affiliate of the Sponsor, or any of Acquiror’s officers or directors, and evidenced by a promissory note, for the purpose of financing costs incurred in connection with a Business Combination.