Loan C definition

Loan C means the advance of credit by Horizon to Borrower under this Agreement in the Loan C Commitment Amount.

Loan C means the advance of credit by Lender to Borrower under this Agreement in the Loan C Commitment Amount. “Loan C Commitment Amount” has the meaning set forth on the cover page of this Agreement.

Loan C means the term loan facility made available under this Agreement and described in Section 2.01(a) below.

Examples of Loan C in a sentence

• Borrower shall have duly executed and delivered a Note in the amount of each of Loan A, Loan B, Loan C and Loan D to the applicable Lender.

• Borrower shall pay to the applicable Lender a payment in the amount of Two Hundred Thousand Dollars ($200,000) (the “Loan C Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan C, (B) an Event of Default and demand by Lender of payment in full of Loan C or (C) the Maturity Date, as applicable.

• Evidence that (i) the Liens securing the Existing Loan Agreement will be terminated, and (ii) the documents and/or filings evidencing the perfection of such Liens, including without limitation any financing statements and/or control agreements, have or will, substantially concurrently with making of each of Loan A, Loan B, Loan C and Loan D, be terminated.

More Definitions of Loan C

Loan C means the advance of credit by Horizon to any Co-Borrower under this Agreement in the Loan C Commitment Amount.

Loan C means the five Advances referred to in Clause 2.1(iii) or (as the context requires) the principal amount thereof for the time being advanced and outstanding under this Agreement;

Loan C means each advance of credit to Borrower this Agreement pursuant to Section 2.1(a)(iii) hereof.

Loan C means the revolving loan facility extended by Lender to TLX in the original principal amount of $4,000,000, evidenced by Note C.

Loan C. Collectively, the portion of the Loans evidenced by the Loan C Notes.

Loan C. The loan evidenced by Note C and the advances made thereunder.

Loan C means collectively, Loan C (Oxford) and Loan C (Silicon).