Loan Charges definition
Examples of Loan Charges in a sentence
Punctually pay all principal, interest, fees, Loan Charges and other liabilities due under any of the Loan Documents at the times and place and in the manner specified therein, and immediately upon demand by Lender, pay the amount by which the outstanding principal balance of any credit advanced under this Agreement exceeds any applicable limitation on borrowings.
If on the Proration Date, Loan Charges with respect to any period from and after the Proration Date shall have been paid, the amount equal to such prepaid Loan Charges shall be deemed to be a Prepaid Expense.
If, as of the Proration Date, Loan Charges for the Current Billing Period shall not have been paid with respect to the period prior to the Proration Date, an amount equal to the unpaid Loan Charges for the period prior to the Proration Date shall be paid by the Owners to the Partnership at the Closing, but the Owners shall not receive any capital account credit on account thereof.
If any Loan Charge is a weekly or other periodical charge, Medartis may invoice the Loan Charge for a period in advance on or at any time after the start of that period, or (at Medartis' option) invoice for the accumulated Loan Charges for any completed periods in arrears at any time.
Invoice for Loan Charges dated January 30, 2009 13 THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) dated as of January 30, 2009 (the “Effective Date”), between SILICON VALLEY BANK, a California corporation with a loan production office located at ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Park, Suite 200, 2221 Washington Street, Newton, Massachusetts 02462 (“Bank”), and IMPRIVATA, INC., a Delaware corporation (“Borrower”), provides the terms on which Bank shall lend to Borrower and Borrower shall repay Bank.
This is payable on the Application Date and represents the amount due between the Application Date and the First Instalment Date the Initial Payment and the equal monthly or quarterly Subsequent Instalments (as specified in the Premium Funding Details), calculated by us in order to repay the Premium Loan and pay all Loan Charges by the Last Instalment Date us by paying the Instalments for the Premium Loan in advance.
The Company will deduct Participant Loan Charges from affected Participant Annuity Accounts, in addition to the Participant loan.
Interest and Loan Charges Not to Exceed Maximum Amounts Allowed by Law.............................102 14.22.
Part 1 - ANOCF Multiple or Tranche B Leverage Ratio 118 Part 2 - Coverage of Bank Debt Loan Charges 119 Part 3 - Cash Interest Cover 120 Part 4 - EBITDA Covenant 121 8.
Lender shall not be obligated to undertake any Advance hereunder to fund Underlying Loan Charges more than once in any 30-day period; provided, however, that regardless of the timing of an Advance for Underlying Loan Charges, Advances for regularly scheduled payments of interest shall, upon satisfaction of the Advance Conditions, be made on each Payment Date.