Loan Payoff Amount definition

Loan Payoff Amount shall have the meaning set forth in Section 5.12.
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Loan Payoff Amount means $19,417,220.75.
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Loan Payoff Amount. 2.7(a)(iv) “Xx. Xxxxxxxxxxx” Introductory Paragraph “Xx. Xxxxxx” Introductory Paragraph “New Leases” 2.7(a)(iii) “Objection Notice” 2.8(c) “Owners” Introductory Paragraph
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Examples of Loan Payoff Amount in a sentence

  • At the Closing, Purchaser shall deposit by wire transfer of immediately available funds, (a) the Estimated Initial Consideration to a bank account designated in writing by Seller no later than one (1) Business Day prior to the Closing, and (b) the Loan Payoff Amount to a bank account set forth in the Payoff Letter delivered by Haisco Pharmaceutical Co., Ltd.

  • Seller shall not have any Liability under this Article IX in excess of the Consideration payable to Seller pursuant to this Agreement (less the Loan Payoff Amount payable by the Purchaser at Closing pursuant to Section 2.1).


More Definitions of Loan Payoff Amount

Loan Payoff Amount means the amount equal to the aggregate amount of liabilities and indebtedness owing under the Debt Facilities (including any prepayment or other fees due to the lenders thereof) to fulfill all obligations under the Debt Facilities as of the Closing Date. By way of illustration only, if the Closing Date were to have occurred on January 31, 2010, the Loan Payoff Amount would have been approximately CAD$238,000,000 plus USD$487,000,000.
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Loan Payoff Amount means the aggregate cash amount, as set forth in the Final Merger Consideration Spreadsheet, to be paid to those parties set forth on Schedule 6(b)(xii), in order to fully satisfy the Company's outstanding obligations to each such payee.
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Loan Payoff Amount shall have the meaning set forth in Section 1.2(d).
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Loan Payoff Amount as defined in Section 9.6.
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Loan Payoff Amount means the sum of (i) the ------------------ principal amount of the Loans made hereunder in connection with the acquisition, construction, renovation and equipping of the Completed Store, (ii) all accrued interest on such Loans, and (iii) all other fees and charges due to Lender hereunder or under the Loan Documents in connection with the making, repayment or satisfaction of such Loan. Upon Lender's receipt of the Loan Payoff Amount in immediately available funds, Lender shall apply same in repayment of the Loan(s) to which such Loan Payoff Amount relates and shall deliver to Borrower a satisfaction or assignment of the Mortgage(s) which secure such Loan(s).
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Loan Payoff Amount means the aggregate outstanding balance (principal and accrued interest) of the Existing Loans, together with all prepayment fees, costs and expenses incurred in connection with the prepayment of the Existing Loans.
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Related to Loan Payoff Amount

  • Prepayment Account for any Class of Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (viii). The Collateral Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account for any Class of Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans of such Class to be prepaid; provided, however, that (i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a First Priority Lien in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the investments in any Prepayment Account shall accumulate in such Prepayment Account until all outstanding Loans of any applicable Class with respect to which amounts have been deposited in the Prepayment Accounts have been prepaid in full, at which time so much thereof as is not required to make payment of the Senior Credit Obligations which have become due and payable (whether by scheduled maturity, acceleration or otherwise) shall be withdrawn by the Collateral Agent on the next Business Day following the day on which the Collateral Agent considers the funds deposited therein to be collected funds and disbursed to the Borrower or its order. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for the applicable Class of Loans and, subject to Section 8.03, apply such funds to satisfy the Senior Credit Obligations of the applicable Class or Classes.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.