Loan Payoff Amount definition

Loan Payoff Amount shall have the meaning set forth in Section 5.12.
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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 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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Examples of Loan Payoff Amount in a sentence

  • Subject to Parent’s compliance with the previous sentence, upon receipt of the Loan Payoff Amount, the Company shall pay the Loan Payoff Amount to the applicable lenders (or to the administrative agent for the account of the applicable lenders) under the Company Credit Agreements.

  • Such Inventory Loan Payoff Amount shall be paid on or before the Effective Date by wire transfer pursuant to transfer instructions provided by Lender.

  • The Loan Payoff Amount shall be paid by FreshRealm to Calavo in immediately transferrable funds via wire transfer.

  • Prior to any Unit employee accepting outside employment, he or she shall request and receive authorization from the Department Head.

  • 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.

  • As consideration for the Purchasers’ entry into this Agreement, on the Closing Date, the Borrowers shall pay the Purchasers, or direct payment be made to the Purchasers of, an aggregate of $150,000 (allocated as set forth in the Payoff Letter) by wire transfer of immediately available funds to an account or accounts designated by the Purchasers, which amounts shall be included in the Loan Payoff Amount (as defined in the Payoff Letter)..

  • Acquiror shall assume Meridian's obligation to repay the Loan Payoff Amount, to the extent set forth in a letter from the lender under the Meridian Loan Documents to be delivered to Acquiror prior to Closing.

  • The proceeds of such loan shall be used immediately to pay the Term Loan Payoff Amount.

  • Subject to Parent’s compliance with the previous sentence, the Company shall pay the Loan Payoff Amount to the lenders under the Company Credit Agreement and terminate such agreement, all on the day on which the Acceptance Time occurs and prior to issuing a notice of Redemption.

  • Notwithstanding anything to the contrary in this clause (c), if the payment by the Debt Payment Undertaker of all or any portion of the Loan Payoff Amount is rescinded or must otherwise be returned for any reason whatsoever, the Debt Payment Undertaker and the Debt Payment Undertaker Guarantor shall remain liable under the Debt Payment Undertaking Agreement and the Debt Payment Undertaker Guaranty, respectively, with respect to the rescinded or returned amount as if such payment had not been made.


More Definitions of Loan Payoff Amount

Loan Payoff Amount. 2.7(a)(iv) “▇▇. ▇▇▇▇▇▇▇▇▇▇▇” Introductory Paragraph “▇▇. ▇▇▇▇▇▇” Introductory Paragraph “New Leases” 2.7(a)(iii) “Objection Notice” 2.8(c) “Owners” Introductory Paragraph
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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 as defined in Section 9.6.
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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 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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Loan Payoff Amount means $19,417,220.75.
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Related to Loan Payoff Amount

  • Payoff Amount means with respect to a Receivable as of the close of business on the last day of a Collection Period, the remaining principal balance of such Receivable, plus accrued but unpaid interest thereon, and related fees.

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.