Loan 2 definition

Loan 2 means, the loan from Lender to Borrower in the principal amount of $56,290,000 as evidenced by Note 2A and Note 2B and made pursuant to the terms of this Loan Agreement and other Loan Documents, together with any other loan made by Lxxxxx, whether now existing or in the future, stating that it is governed by or subject to this Loan Agreement; all of the foregoing together with any modifications, extensions, renewals, amendments or replacements thereof.
Loan 2. U.S. $125,000.00, pursuant to Loan Agreement dated as of August 28, 1995; the outstanding balance of Loan 2 as of December 31, 1996 was U.S. $36,826.00 consisting of U.S. $26,000.00 of principal and U.S. $10,826.00 of accrued interest;
Loan 2. Working capital revolving line of credit loan (together with Loan 1, the “Loans”).

Examples of Loan 2 in a sentence

  • Type of Funds Amount CDBG Funds $ 440,000.00 FirstBank Loan $ 2,775,000.00 CHFA Loan #1 $ 800,000.00 CHFA Loan #2 $ 600,000.00 CHFA CMF Gramt $ 150,000.00 FRH Equity $ 75,000.00 TOTAL ACTIVITY/PROJECT FUNDS $ 4,840,000.00 CDBG SHARE 9% $ 440,000.00 OTHER FUNDS SHARE 91% $ 4,400,000.00 TM 22-1856 Exhibit 2 Page 1 INSURANCE REQUIREMENTS – Exhibit 3 GENERAL I Prior to the commencement of any work the vendor shall register with Jefferson County’s certificate compliance system.

  • Subject to the terms and conditions of this Loan Agreement and the other Loan Documents and provided no Event of Default exists, Lxxxxx hereby agrees to make Loan #1 and Loan #2 to Borrower each in the original principal amount of Fifty Six Million Two Hundred Ninety Thousand and No/100 Dollars ($56,290,000), for an aggregate financing of $112,580,000.


More Definitions of Loan 2

Loan 2 has the meaning set forth in Clause 22.2.1.
Loan 2 have the meaning given to them in the Shareholders Agreement.
Loan 2 is defined in Recital (C).
Loan 2 means the revolving credit loan established for Borrowers pursuant to Section 2.1. B.
Loan 2 means the second tranche of the Investment Program, namely the Power Transmission Investment Project 2;
Loan 2 the secured loan with a principal amount of HK$4.55 million to be granted by OFA to the Customer pursuant to Loan Agreement 2