Examples of Loan Amendment in a sentence
The Lender reserves the right to not approve any Loan Amendment Application, if the Borrower has not consented to the latest edition of the Lender’s Schedule of Interest and Charges.
By the Loan Amendment Agreement: • all amounts due and payable by Suntrust to SA Investments as holder of and under the New CB shall be deemed and made Subordinated Indebtedness effective and starting on the Independent Shareholders’ Approval Date; and • all amounts due and payable by Suntrust to SA Investments under the SA Loan shall be deemed and made Subordinated Indebtedness effective and starting on the Independent Shareholders’ Approval Date.
The Loan Amendment will increase the loan by an amount necessary to provide additional construction funding for the project, which will increase the supply of special needs housing in the County.
By the Loan Amendment Agreement, the Security Agreement, the Subordination Agreement and other terms and conditions of the Loan Agreement insofar as relating to SA Investments are revised as disclosed below.
The Loan Agreement Apart from the changes to the Security Agreement and the Subordination Agreement, the major changes effected by the Loan Amendment Agreement to the Loan Agreement are as disclosed in this announcement.
As of the effective date of the Incremental Loan Amendment, the undersigned Augmenting Lender shall (automatically, and without further action by any party) become a Lender for all purposes of the Credit Agreement to the same extent as if originally a party thereto.
By: /s/Xxxxxx Xxxx Name: Xxxxxx Xxxx Title: Treasurer [Signature Page to Third Refinancing Term Loan Amendment and Amendment and Restatement Agreement] citibank, n.a., as Agent and Refinancing Term Lender By /s/ Xxxxxxx X.
Loan Amendment Agreement As disclosed in the Loan Facility Announcement, the Loan Agreement was conditional upon SA Investments enter into, among others, the Security Agreement and the Subordination Agreement.
Attached hereto as Annex I is the form of Incremental Loan Amendment agreed to by the parties hereto which Incremental Loan Amendment shall become effective on or prior to _________, 20__.
Subject to the terms and conditions set forth in the 2016 Replacement Term Loan Amendment, on the 2016 Replacement Term Loan Amendment Effective Date, each 2016 New Term Lender agreed to provide or continue its Existing Term Loans pursuant to a cashless roll, as applicable, its Term Loans (such provided or continued Term Loans, collectively, the “2016 New Term Loans”) in a principal amount equal to its 2016 Replacement Term Loan Commitment.