Multiple Advance Term Loan definition

Multiple Advance Term Loan means any term loan advanced by the Multiple Advance Term Lenders hereunder prior to the Amendment Agreement No. 1 Effective Date and to be automatically renamed the Term B Loan on the Amendment Agreement No.1 Effective Date and commitments relating thereto shall be terminated. As of the Amendment Agreement No. 1 Effective Date, the outstanding principal amount of all Multiple Advance Term Loans made hereunder equaled $16,968,750.00.
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Multiple Advance Term Loan means one or more advances made by any Multiple Advance Term Lender under the Multiple Advance Term Loan Facility.
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Multiple Advance Term Loan has the meaning specified in Section 2.02A.
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Examples of Multiple Advance Term Loan in a sentence

  • CoBank and the Company are parties to a Multiple Advance Term Loan Supplement dated May 19, 1995 (such agreement, as previously amended, is hereinafter referred to as the "Supplement").

  • In addition to the above, it is agreed that, in the event Heartland makes any prepayment under Multiple Advance Term Loan Supplement RIA475T03A-HGF, the Company shall simultaneously make a prepayment hereunder in the same amount, which prepayment shall be subject to any applicable Broken Funding Surcharge under the MLA.

  • Amendment to Multiple Advance Term Loan Supplement, dated as of February 11, 1997, between CoBank, ACB and the Registrant respecting the extension of the CoBank credit facility (filed on April 18, 1997 as Exhibit 10.14.1 to the Registrant's Registration Statement on Form SB-2 (No. 333-25501) and incorporated herein by reference).

  • As of the date of this Agreement, there is one loan outstanding under the Existing Master Loan Agreement (the “Existing Loan”), which loan is governed by the terms of the Existing Master Loan Agreement and the Amended and Restated Promissory Note and Multiple Advance Term Loan Supplement, dated as of August 8, 2007, between CoBank and the Company (the “Existing MLA Supplement”).

  • The purpose of the Commitment is to fund advances by the Company to Heartland Grain Fuels, LP (“Heartland”) under the Multiple Advance Term Loan Supplement between the Company and Heartland dated as of November 7, 2006 and numbered RIA475T03A-HGF.

  • Xxxxx X’Xxxxxx Title: Assistant Corporate Secretary Title: Treasurer Promissory Note and Supplement (Multiple Advance Term Loan) CONFIRMATION April 17, 2014 Xx. Xxxxx Xxxxx Vice President CoBank, ACB 0000 Xxxxx Xxxxxx Xxxxxx Xxxxxxxxx Xxxxxxx, Xxxxxxxx 00000 Re: Comfort Letter and Agreement Regarding CoBank, ACB (“CoBank”) Credit Facilities to Tidewater Utilities, Inc.

  • At a rate per annum equal at all times to the rate of interest established by the Agent from time to time as the CoBank Base Rate, as defined in Section 4(A) of the corresponding Multiple Advance Term Loan Supplement between the Agent and Dakota Fuels that funds advances hereunder, plus any applicable interest rate spread specified in Section 4(A) of such Multiple Advance Term Loan Supplement between the Agent and Dakota Fuels, including any amendments or replacements thereto.

  • The Company promises to repay the loans as follows: (1) in six equal, consecutive quarterly installments of $2,600,000.00, with the first such installment due on August 20, 2012, and the last such installment due Multiple Advance Term Loan Supplement RI0340T01G ABE FAIRMONT, LLC Fairmont, Nebraska on November 20, 2013; and (2) followed by a final installment in an amount equal to the remaining unpaid principal balance of the loans on February 20, 2014.

  • The Company and CoBank are parties to a Promissory Note and Supplement (Multiple Advance Term Loan Supplement) dated as of October 15, 2014, and number RX0024T9 (the “Supplement”).

  • In addition to the above, the Multiple Advance Term Loan Supplement RI0340T01E -3- ABE FAIRMONT, LLC Fairmont, Nebraska Company promises to pay interest on the unpaid principal balance hereof at the times and in accordance with the provisions set forth in Section 5 hereof.

Related to Multiple Advance Term Loan

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Revolving Advance has the meaning given in Section 2.1.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Tranche B Term Loan as defined in Section 2.1.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Tranche C Term Loan as defined in Section 2.1.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Eurocurrency Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Tranche A Advance means an Advance made by a Bank under Tranche A.

  • Eligible advance means an advance made before August 19, 1993.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Term SOFR Advance means an Advance that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.