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

  • Any termination or reduction of the Revolving Credit Commitments and the Multiple Advance Term Loan Commitments shall be permanent.

  • Each reduction of the Revolving Credit Commitments and the Multiple Advance Term Loan Commitments shall be made ratably among the applicable Lenders in accordance with their respective Revolving Credit Commitments and Multiple Advance Term Loan Commitments, as applicable.

  • 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").

  • 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 an Amended and Restated Promissory Note and Multiple Advance Term Loan Supplement No. 000976T1A, dated as of December 27, 2002, in the original principal amount of $45,445,116.00 (the “Existing Promissory Note and Supplement”).

  • 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.

  • As of the date hereof, the following Supplements are outstanding hereunder and shall be governed by the terms and conditions hereof: (A) the Multiple Advance Term Loan Supplement dated June 13, 2011 and numbered RI0487T01D; and (B) the Revolving Term Loan Supplement dated June 13, 2011 and numbered RI0487T02E.

  • As of the date hereof, the following Supplements are outstanding hereunder and shall be governed by the terms and conditions hereof: (A) the Statused Revolving Credit Supplement dated January 13, 2010 and numbered RIE539S01G; (B) the Non-Revolving Credit Supplement dated January 13, 2010 and numbered RIE539T05G; (C) the Multiple Advance Term Loan Supplement dated January 13, 2010 and numbered RIE539T06C; and (D) the Multiple Advance Term Loan Supplement dated January 13, 2010 and numbered RIE539T07B.

  • As of the date hereof, the following Supplements are outstanding hereunder and shall be governed by the terms and conditions hereof: (A) the Multiple Advance Term Loan Supplement dated September 28, 2011 and numbered RI0355T01D; and (B) the Revolving Term Loan Supplement dated September 28, 2011 and numbered RI0355T02C.

  • 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.