Loan Capital definition
Examples of Loan Capital in a sentence
The Seller hereby notifies the Administrative Agent and the Purchasers that it shall prepay the outstanding Capital of the Purchasers in the amount of [$_______] to be made on [_____, 20_], and [$_______] of such amount shall be applied to prepay Investment Capital and [$_______] of such amount shall be applied to prepay Loan Capital.
For the avoidance of doubt, the amounts payable at each level of priority above include all such amounts at such level of priority, whether attributable to Investments, Investment Capital, Loans or Loan Capital, on a pari passu basis.
After giving effect to such prepayment, the Aggregate Capital will be [$_______], the Aggregate Investment Capital will be [$_______], and the Aggregate Loan Capital will be [$_______].
To the extent payable in respect of Loan Capital or Yield, Fees or other amounts attributable to Loan Capital, amounts payable pursuant to each of clauses first through fifth above shall be paid (at each level of priority) first from available Collections on Unsold Receivables and other Seller Collateral, and second, to the extent necessary in order to make all such payments at such level of priority in full, from Collections on Sold Receivables and other Sold Assets.
After giving effect to such [Investment] [Loan], the Aggregate Capital will be [$_______], the Aggregate Investment Capital will be [$_______] and the Aggregate Loan Capital will be [$_______].