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 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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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.

  • In the event the Loan Payoff Amount is paid by FreshRealm to Calavo within the Loan Payoff Period, the Senior Amended Note, the Second Note and Amended Security Agreements shall be terminated by Calavo, and Calavo shall promptly terminate any security interest filings that it may have filed against the assets and collateral of FreshRealm.

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

  • On the Closing Date, the Borrower shall reimburse the Purchasers for all of their reasonable out-of-pocket, costs, fees and expenses, including legal fees and expenses, incurred in connection with the negotiation and drafting of this Agreement and the consummation of the transactions contemplated hereby, which amounts shall be included in the Loan Payoff Amount (as defined in the Payoff Letter).

  • In the event Company pays to Holder the Loan Payoff Amount pursuant to the terms of the Separation Agreement and prior to the expiration of the Loan Payoff Period, then this Warrant and Holder's right to receive the Warrant Units, subject to the terms hereof, shall terminate.

  • As described under Section 15.2 of the attached Eighth Amended LLC Agreement, Section 4.8(a) thereof, Article 14 thereof and the Sections therein, as well as Section 15.2 thereof (collectively, the "Calavo Sections"), shall not be amended or modified without the prior written consent of Calavo unless and until (a) the Loan Payoff Amount and (b) either the Success Based Payment or an Early Company Sale (defined below) payment are paid to Calavo in accordance with this Agreement, as applicable.

  • On the Purchase Date, the Debt Payment Undertaker shall pay to the Lender the Loan Payoff Amount in immediately available funds by bookkeeping entries in accordance with customary payment procedures.

  • Such statement shall be itemized as to each of the Debt Facilities and shall state the Loan Payoff Amount in United States Dollars or, if the obligations under any of the Debt Facilities are required to be repaid in Canadian Dollars, Canadian Dollars.

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

  • Following the Inspection and Conditional Sale Period, if Shift does not exercise the Cancellation Right, Shift shall purchase the Vehicle from Owner, free and clear of all liens, by paying to Owner the Final Payment amount listed in the Key Information Table, less the Loan Payoff Amount and any amounts due and owing from Owner to Shift pursuant to the terms and conditions of this agreement (the “Purchase”).


More Definitions of Loan Payoff Amount

Loan Payoff Amount means $19,417,220.75.
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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 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. 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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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

  • 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.

  • Prepayment Asset Sale means any Disposition by the Borrower or its Restricted Subsidiaries made pursuant to Section 6.07(h).

  • 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.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Payoff Letter shall have the meaning set forth in Section 6.13.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Prepayment Consideration shall have the meaning set forth in Section 2.3.1.

  • Net Aggregate Prepayment Interest Shortfall With respect to any Distribution Date, the amount, if any, by which (a) the aggregate of all Prepayment Interest Shortfalls incurred in connection with the receipt of Principal Prepayments on the Mortgage Loans during the related Due Period, exceeds (b) the aggregate amount deposited by the Master Servicer in the Certificate Account for such Distribution Date pursuant to Section 3.19 in connection with such Prepayment Interest Shortfalls.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • 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.

  • Master Servicer Prepayment Charge Payment Amount The amounts payable by the Master Servicer pursuant to Section 2.03(b) in respect of any waived (or, with respect to subsequent changes of law, any unenforceable) Prepayment Charges.

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

  • Total loan amount means the principal of the loan minus those

  • Required Spread Account Amount means, for the March 2012 Payment Date and the April 2012 Payment Date, zero, and for any Payment Date thereafter, the product of (i) the Spread Account Percentage in effect on such date and (ii) during (x) the Revolving Period, the Collateral Amount, and (y) during the Controlled Accumulation Period or the Early Amortization Period, the Collateral Amount as of the last day of the Revolving Period; provided that, prior to the occurrence of an Event of Default and acceleration of the Series 2012-1 Notes, the Required Spread Account Amount will never exceed the Class C Note Principal Balance (after taking into account any payments to be made on such Payment Date).

  • Note Amount means, with respect to any Payment Date, the aggregate outstanding principal amount of the Notes after giving effect to payments of principal made on the Notes on such Payment Date.

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Working Capital Loan has the meaning specified in Section 2.1(c).

  • DIP Loan Any Loan (i) with respect to which the related Obligor is a debtor-in-possession as defined under the Bankruptcy Code, (ii) which has the priority allowed pursuant to Section 364 of the Bankruptcy Code and (iii) the terms of which have been approved by a court of competent jurisdiction (the enforceability of which is not subject to any pending contested matter or proceeding).

  • Scheduled Funded Debt Payments means, as of any date of determination for the Borrower and its Subsidiaries, the sum of all scheduled payments of principal on Funded Debt for the applicable period ending on the date of determination (including payments due on Capital Leases and mortgaged real properties (including any Mortgaged Properties) during the applicable period ending on the date of determination).

  • Principal Debt means, at any time, the unpaid principal balance of all Borrowings.