Leasehold Improvement Loan definition

Leasehold Improvement Loan the term loan in the original principal amount of US$12,300,000 made by the Leasehold Improvement Lender to Quiksilver and referred to in the Intercreditor Agreement.
Leasehold Improvement Loan means the term loan in the original principal amount of $12,300,000 made by the Leasehold Improvement Lender to the Company and referred to in the Intercreditor Agreement dated as of April 12, 2005 among Quiksilver Americas, Inc., a California corporation, JPMorgan Chase Bank, N.A., as administrative agent for the lenders party to the Revolving Credit Facility, and the Leasehold Improvement Lender, as the same may be amended, modified or restated from time to time.
Leasehold Improvement Loan the term loan in the original principal amount of $12,300,000 made by the Leasehold Improvement Lender to the Company and referred to in the Intercreditor Agreement.

Examples of Leasehold Improvement Loan in a sentence

  • Leasehold Improvement Loan Terms: • Landlord will finance up to $158,320 cost of leasehold improvements under a promissory note bearing interest at a rate of 0% per annum;• Promissory note will be level amortizing with a balloon payment of $50,000.

  • Tenant agrees to pay Leasehold Improvement Loan payments, by ACH withdrawal, for the lease term indicated above in accordance with amortization schedule as noted in Appendix ‘A’ to the City of Whitewater Community Development Authority, in advance, on the 1st day of each month, monthly loan payment in the amount of One Thousand Two Hundred Eighty Nine Dollars and Fifty Two Cents ($1,289.52).

  • The Agent and its Affiliates may make loans to, accept deposits from and generally engage in any kind of business with the Borrower, any Subsidiary and the other Obligors (including the extension of the Leasehold Improvement Loan to the Borrower) as though the Agent were not the Agent hereunder and under the other Loan Documents.

  • Notwithstanding the foregoing, if Tenant exercises its rights with respect to the Leasehold Improvement Loan described in Section 2 of Exhibit D to the Lease, Tenant shall be required to increase the amount of the Security Deposit as described in such Section 2 of Exhibit D.

  • The Borrower shall have entered into an amendment to the Leasehold Improvement Loan documentation in form and substance reasonably satisfactory to the Agent.

Related to Leasehold Improvement Loan

  • Leasehold Improvements means all leasehold improvements situated in or on the Leased Real Property and owned by Seller.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected.  Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Landlord Work means the work, if any, that Landlord is obligated to perform in the Premises pursuant to a separate agreement (the “Work Letter”), if any, attached to this Lease as Exhibit C.

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit L, with such amendments, modifications or supplements thereto as may be approved by the Administrative Agent.

  • Capital Improvement or "Capital Improvement Project" means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities of Local Subdivisions, including real property, interests in real property, and facilities and equipment of Local Subdivisions related or incidental thereto.

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • Landlord’s Work means the work of constructing the Tenant Improvements.

  • Expansion Project has the meaning set forth in Section IV.3.a of this Agreement.

  • Building Project means the aggregate combined parcel of land on a portion of which are the improvements of which the Premises form a part, with all the improvements thereon, said improvements being a part of the block and lot for tax purposes which are applicable to the aforesaid land.

  • Site Improvements means any construction work on, or improvement to, streets, roads, parking facilities, sidewalks, drainage structures and utilities.

  • Improvements shall have the meaning set forth in the granting clause of the Mortgage.

  • Leased Property shall have the meaning given such term in Section 2.1.

  • Tenant’s Property means Removable Installations and, other than Installations, any personal property or equipment of Tenant that may be removed without material damage to the Premises, and (z) “Installations” means all property of any kind paid for by Landlord, all Alterations, all fixtures, and all partitions, hardware, built-in machinery, built-in casework and cabinets and other similar additions, equipment, property and improvements built into the Premises so as to become an integral part of the Premises, including, without limitation, fume hoods which penetrate the roof or plenum area, built-in cold rooms, built-in warm rooms, walk-in cold rooms, walk-in warm rooms, deionized water systems, glass washing equipment, autoclaves, chillers, built-in plumbing, electrical and mechanical equipment and systems, and any power generator and transfer switch.

  • Building Equipment shall have the meaning set forth in the Security Instrument.

  • Condominium Property means the lands, leaseholds, and personal property that are subjected to condominium ownership, whether or not contiguous, and all improvements thereon and all easements and rights appurtenant thereto intended for use in connection with the condominium.

  • Capital Improvements mean the purchase, renovation, rehabilitation, or construction of permanent land, buildings, structures, equipment and furnishings used directly for or in the Project, and any goods or services for the Project that are purchased and capitalized under GAAP, including any organizational costs and research and development costs incurred in Illinois. Capitalized lease costs for land, buildings, structures or equipment shall be included in “Capital Improvements” only if the lease term, including any extensions or options to extend, equals or exceeds the term of this Agreement, and provided that such lease costs are valued at their present value using the corporate interest rate prevailing at the time the Company filed its Application with the Department.

  • Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).