Loan Allocation definition

Loan Allocation means:

Loan Allocation means the loan allocation identified as such in the Budget for the Project attached hereto as Exhibit M.

Loan Allocation means, with respect to the indicated Property: (i) $12,350,000 for the Branch Plaza Property, (ii) $5,515,000 for the Methuen Shopping Center Property, and, (iii) $5,135,000 for the Abington Towne Center Property. "Loan Amount" -- $23,000,000, or so much thereof as shall be advanced by Lender pursuant to this Agreement and the Note and outstanding from time.

Examples of Loan Allocation in a sentence

• The OPEC Fund’s General Conditions define eligible expenditures as the reasonable cost of goods, works and services required for the project to be financedout of the loan proceeds and procured in accordance with Schedules I and II (Description of the Project and Loan Allocation) of the relevant Loan Agreement and during the loan disbursing period.

• Each Lender that sells a Participation in any Loan, Allocation or other interest to a Participant shall record in book entries maintained by such Lender the name and the amount of the participating interest of each Participant entitled to receive payments in respect of such participating interests and shall, upon the request of the Borrower or the Agent, provide such Person with the amount of such participation and the name, address and telephone number of, and individual contact for, such Participant.

• The Borrower shall use the proceeds of the Construction Loan Advances to fund the costs of the Project in accordance with the Loan Allocation column in the Budget (including, without limitation, to refinance on the Closing Date any Previously Funded MedCath Incorporated Loans).

• On the Required Release Date, Borrower shall repay in full the amount of the Loan advanced with respect to such Property, as determined by Lender as of such date, such amount to be not less than the full amount of the Loan Allocation disbursed for such Property regardless of whether all conditions to a Partial Release (as defined in Paragraph 20(b)) below) are satisfied with respect to such Property.

• The proceeds of the Loan shall be used by Borrower to pay the cost of the construction of the Improvements on the Land, and other costs regarding the Property if and to the extent that such costs are specifically provided for in the Loan Allocation column in the Budget.

More Definitions of Loan Allocation

Loan Allocation means in respect of any Mortgaged Property the amount of the relevant Mortgage Loan agreed by the relevant Borrower(s) as attributable to that Mortgaged Property, if any.

Loan Allocation means that amount of a loan which has been borrowed under the powers conferred by subsection

Loan Allocation. (i) $14,000,000 with respect to the Bloomfield Town Square Property and (ii) $12,000,000 with respect to the Walnut Hill Plaza Property.

Loan Allocation means, with respect to the indicated Property: (i) $13,000,000 for the Absecon/NJ Property, (ii) $21,000,000 for the Bloomfield/MI Property, (iii) $10,000,000 for the Hxxxxx/IL Property, (iv) $7,500,000 for the Abington/PA Property, (v) $13,000,000 for the Town Line/CT Property, (vi) $8,500,000 for the Methuen/MA Property and (vii) $15,000,000 for the Village/NC Property.

Loan Allocation means, with respect to each Project Province, the portion of the proceeds of the Loan to be made available to said Project Province in accordance with Section 3.02(a) of this Agreement.

Loan Allocation means, with respect to the indicated Property: (i)

Loan Allocation. With respect to any MOB Property the amount set --------------- forth opposite such property on the chart below. MOB Property Loan Allocation ------------ --------------- 405 Bedford $2,179,476 415 Bedford $1,342,238 416 Bedford $2,853,861 435 Bedford $2,423,577 000 Xxxxxxx $1,131,285 436 Bedford $8,550,326 Xxxxxxx Oaks Medical Plaza $2,891,825 Holy Cross Medical Plaza $1,211,701 St. Joseph's Medical Plaza $ 516,951 Regents Medical Center $3,490,797 Coronado Plaza $1,330,084 Cigna Healthcare Building $ 69,611 Xxxxx Building $2,023,314 Tustin Medical Office Building II $1,141,306 Tustin Medical Office Building I $ 184,523 St. Joseph's of Tustin $ 147,040 Pacific Park (Aliso Viejo II) $ 441,487 Pier One Retail Center $ 376,231 MOB Property Loan Allocation ------------ --------------- San Xxxxx Medical Office Bldgs. $ 288,625 Valencia MOB / A-E $ 953,301 Valencia MOB / F $ 1,452,441 ------------ $ 35,000,000 provided, that the Loan Allocation for each MOB Property shall be reduced -------- ratably by any payments of principal made pursuant to Sections 2.4 or 2.5 and provided further, that upon a MOB Property Sale, or the incurrence or -------- ------- disposition of Indebtedness by the Company or a Subsidiary, the Agent shall generate a new chart to be substituted for the chart set forth above reflecting an allocation of the outstanding principal amount of the Loans among the MOB Properties and any such MOB Property Sale and such incurrence or disposition of Indebtedness.