Owner Loan definition

Owner Loan has the meaning given in the Joint Venture Agreement.
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Owner Loan means a financial loan or other form of financial accommodation or obligation to:
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Owner Loan. The loan by Lender to Owners in the original principal amount of $11,800,000 under a Loan Agreement by and among Owners and Lender dated as of September 1, 2011, as from time to time modified, amended, restated, increased, renewed and extended. Owner 1: ▇▇▇▇▇▇ Property Holdings, LLC, a Georgia limited liability company. Owner 2: Park Heritage Property Holdings, LLC, a Georgia limited liability company.
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Examples of Owner Loan in a sentence

  • The Little Rock Owner Loan Agreement and the other Loan Documents, as defined in said Loan Agreement, and all other documents at any time evidencing or securing any indebtedness outstanding under any of the foregoing, and all as heretofore and hereafter modified, amended, restated, increased, renewed and extended.

  • The ARK 3 Owner Loan Agreement and the other Loan Documents, as defined in said Loan Agreement, and all other documents at any time evidencing or securing any indebtedness outstanding under any of the foregoing, and all as heretofore and hereafter modified, amended, restated, increased, renewed and extended.

  • Pursuant to the Loan Agreement and the ▇▇▇▇▇▇ Owner Loan Agreement, immediately prior to the execution and delivery of this Agreement, the Cash Collateral Account is held as additional security for (i) the payment and performance of all of the obligations of Borrowers under the Loan Agreement and the other Documents, and (ii) the payment and performance of all of the obligations of the ▇▇▇▇▇▇ Owners under the ▇▇▇▇▇▇ Owner Loan Agreement and the other ▇▇▇▇▇▇ Owner Loan Documents.

  • For the avoidance of doubt, the Excess Rent Account - ARK 3 shall be held as additional security for the Loan only, as described above in this paragraph, and not as additional security for the loans evidenced and secured by the ▇▇▇▇▇▇ Owner Loan Documents and the Little Rock Owner Loan Documents.

  • None of Amenities Owner, Loan Pledgor, Manager or any other Person has given or received any notice of default under any of the Amenities Loan Documents that remains uncured or in dispute, or has not been waived.

  • This Note and the Loan are also secured by all of the collateral provided to the Lender for the Owner Loan, and all of the collateral for this Note and the Loan also secure the Owner Loan.

  • There shall be filed any claim of lien (other than liens associated with the VHDA Senior Loan, VHDA Gap Loan, and Property Owner Loan) against the Property of any part thereof, or any interest or right made appurtenant thereto, and the continued maintenance of said claim of lien or notice to withhold for a period of twenty (20) days without discharge, bonding or satisfaction thereof or provision therefor satisfactory to the County Board.

  • Sell, assign, transfer or otherwise dispose of the Property and/or the Premises, except contemporaneously with the payoff of the Loan and the Affiliated Home Owner Loan.

  • For the avoidance of doubt, the Excess Rent Account - Little Roc shall be held as additional security for the Loan only, as described above in this paragraph, and not as additional security for the loans evidenced and secured by the ARK 3 Owner Loan Documents and the ▇▇▇▇▇▇ Owner Loan Documents.

  • Borrower’s Initial Equity Investment in the Lightstone Properties: The amount of money, in addition to the Loan, the Macon Burlington Owner Loan and the proceeds of the First Mortgage, required to pay the purchase prices for the Lightstone Properties and all Transaction Costs incurred or to be incurred in causing title thereto to be acquired by the Lightstone Property Owners.

Related to Owner Loan

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Borrower Loan Amount means $ , the maximum principal amount of the Borrower Note.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.