Initial Loan Amount definition

Initial Loan Amount shall have the meaning set forth in Section 2.2(a)(i).

Initial Loan Amount means that portion of the Loan to be advanced to Borrower at the Closing.

Initial Loan Amount means the Loan Amount on the Effective Date.

Examples of Initial Loan Amount in a sentence

• In accordance with this Agreement, the Company may request ViaOne to provide loans of up to $250,000, including the Initial Loan Amount, and ViaOne has the right to decide whether it will honor such request.

• The funding of the Initial Loan Amount shall occur simultaneously with the Closing.

• The Initial Loan Amount became due on September 30, 2019 (the “Maturity Date”) and bore an interest rate of 8.0% per annum.

• At your request, we may from time to time re-advance any amount of the Initial Loan Amount which has been repaid by you to us.

• Initial Loan Amount is the amount shown in the schedule to the registered document as the “Initial Loan Amount.”Line of Credit means the Line of Credit secured by this Mortgage on which interest is payable at a floating rate of interest based on the CIBC Prime Rate as shown in the schedule to the registered document.

More Definitions of Initial Loan Amount

Initial Loan Amount. With respect to Xxxxx Fargo, $500,000,000. Insolvency Event: With respect to a specified Person, (a) the filing of a decree or order for relief by a court having jurisdiction in the premises in respect of such Person or any substantial part of its property in an involuntary case under any applicable Insolvency Law now or hereafter in effect, or appointing a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official for such Person or for any substantial part of its property, or ordering the winding-up or liquidation of such Person’s affairs, and such decree or order shall remain unstayed and in effect for a period of 60 consecutive days; or (b) the commencement by such Person of a voluntary case under any applicable Insolvency Law now or hereafter in effect, or the consent by such Person to the entry of an order for relief in an involuntary case under any such law, or the consent by such Person to the appointment of or taking possession by a receiver, liquidator, assignee, custodian, trustee, sequestrator or similar official for such Person or for any substantial part of its property, or the making by such Person of any general assignment for the benefit of creditors, or the failure by such Person generally to pay its debts as such debts become due, or the taking of action by such Person in furtherance of any of the foregoing.

Initial Loan Amount means the aggregate principal amount of the loan to be advanced pursuant to Section 2.1(a), which shall be Four Hundred Million and 00/100 Dollars ($400,000,000).

Initial Loan Amount means an amount up to ONE MILLION THREE HUNDRED THOUSAND AND NO/100 DOLLARS ($1,300.000.00) to cover the Utility Impact Fee (herein defined) and related Loan closing costs not to exceed THREE HUNDRED FIFTY THOUSAND AND NO/100 DOLLARS ($350,000.00).

Initial Loan Amount. With respect to BMO, $200,000,000.

Initial Loan Amount means an amount equal to the sum of: (a) the amount advanced on the Closing Date on account of the Term Note, and (b) the Maximum WCMA Line of Credit immediately after activation of the WCMA Line of Credit on the Closing Date.

Initial Loan Amount means $850,000.

Initial Loan Amount means $175,000,000 or such lesser amount specified by the Borrower on or prior to the Disbursement Date.