Operator Loan Documents definition

Operator Loan Documents. (as defined in the Loan Agreement).
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Operator Loan Documents. (as defined in the Loan Agreement). The Operator Loan will bear interest at a rate of interest equal to the greater of (i) the Lender’s prime rate of interest from time to time in effect, plus 1.0%, or (ii) 6.0%. The Operator Loan will be due on August 31, 2012, except as it may be accelerated pursuant to the terms of the Operator Loan Documents.
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Operator Loan Documents. All documents at any time evidencing or securing any Operator Loan, and all as heretofore and hereafter modified, amended, restated, increased, renewed and extended.
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Examples of Operator Loan Documents in a sentence

  • As additional security for the payment and performance of all of the obligations of Borrower under this Agreement and the other Loan Documents and all of the obligations of Operator under the Operator Loan Documents, Borrower hereby pledges and assigns to Lender, and grants to Lender a first lien on and a first priority security interest in, the Gross Revenues, all of Borrower’s present and future Accounts (as defined in the Code), and the proceeds of all of the foregoing.

  • If Lender has extended the Operator Loan to Operator, copies of the executed Operator Loan Documents.

  • Provided that no Default or Event of Default under this Agreement or any of the other Loan Documents or any of the Operator Loan Documents has occurred and is continuing, interest earned on amounts on deposit in the Capital Expenditures Reserve Account shall be released by Lender to Borrower at its written request.

  • Except as provided above in this Section, all amounts on deposit in the Capital Expenditures Reserve Account shall be released by Lender to Borrower at such time, and only at such time, as all of the principal of and interest on the Loan have been paid in full and all of the other obligations to Lender under this Agreement, the other Loan Documents and the Operator Loan Documents have been fully paid and performed..

  • If Lender has extended the Operator Loan to Operators, copies of the executed Operator Loan Documents.

  • If Lender has extended any Operator Loan, copies of the executed Operator Loan Documents.

  • All amounts on deposit in the Capital Expenditures Reserve Account shall be released by Lender to Borrowers at such time, and only at such time, as all of the principal of and interest on the Loan and the Operator Loan have been paid in full and all of the other obligations to Lender under this Agreement, the other Loan Documents and the Operator Loan Documents have been fully paid and performed.

  • As additional security for the payment and performance of all of the obligations of Borrowers under this Agreement and the other Loan Documents and all of the obligations of Operators under the Operator Loan Documents, Borrowers hereby pledge and assign to Lender, and grant to Lender a first lien on and a first priority security interest in, the Gross Revenues, all of Borrowers’ present and future Accounts (as defined in the Code), and the proceeds of all of the foregoing.

  • All amounts on deposit in the Capital Expenditures Reserve Account shall be released by Lender to Borrowers at such time, and only at such time, as all of the principal of and interest on the Loan have been paid in full and all of the other obligations to Lender under this Agreement, the other Loan Documents and all Operator Loan Documents have been fully paid and performed.

  • Upstage represents that it is an authorized reseller for the Equipment set forth in Exhibit A and that all Equipment provided by Upstage is new (unless otherwise specified and accepted by Buyer) and eligible for the manufacturer’s warranties, if any subject to proper installation, use and maintenance of the Equipment by Buyer.