Paydown Amount definition

Paydown Amount has the meaning set forth in Section 2(c).

Paydown Amount shall have the meaning set forth in Section 3.2.

Paydown Amount means an amount not to exceed Twenty Five Million Dollars ($25,000,000.00) paid (or caused to be paid) by Purchaser (or its designee) to Servicer (or its designee) on the Closing Date to be applied against the Assumed Loans.

Examples of Paydown Amount in a sentence

• Except to the extent that a Holder of an Allowed First Lien Loan Claim agrees to less favorable treatment, on the Effective Date, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for each Allowed First Lien Loan Claim, each Holder of an Allowed First Lien Loan Claim shall receive such holder’s pro rata share of (i) the First Lien Loan Claims Paydown Amount; and (ii) the Exit Facility.

• In the event that a Holder of First Lien Term Claim declines to receive its pro rata share of the First Lien Term Claims Paydown Amount, such Holder’s portion will be re-allocated pro rata among accepting holders of First Lien Term Claims.

• Relation of work– family conflict to health outcomes: A four‐year longitudinal study of employed parents.

• If the B-4 Submitted Amount exceeds the Paydown Amount, the Borrower shall repay portions of the B-4 Submitted Amount of Non-Declining Consenting Lenders on a pro rata basis based on the aggregate principal amounts of Term B-4 Loans held by Non-Declining Consenting Lenders.

• Borrower’s right to prepay the principal balance of the Loan pursuant to this subsection shall be subject to (i) Borrower’s submission of a notice to Lender setting forth the Permitted Paydown Date, which date shall be no less than thirty (30) days from the date of such notice, and (ii) Borrower’s actual payment to Lender of the amount of the Permitted Paydown Amount and the other amounts required to be paid therewith under this Section 2.4.1(c).

More Definitions of Paydown Amount

Paydown Amount shall have the meaning provided in Section 2.08.

Paydown Amount shall be the excess, if any, of $2.165 billion over the aggregate principal amount of the Company Debt at the Effective Time (calculated as set forth in the definition of Company Debt).

Paydown Amount is defined in Section 2.2(d)(ii).

Paydown Amount means, with respect to any Receivable Interest on any day, an amount equal to the sum of (i) the Capital of such Receivable Interest, plus (ii) the aggregate of accrued and unpaid Yield as of such date for such Receivable Interest.

Paydown Amount means $82,547,953.00.

Paydown Amount means that amount, if positive, determined by subtracting from the unpaid principal balance of the Loan an amount equal to 2.5 times Enversa's Consolidated EBITDA for the 12-month period most recently ended. "PBGC" means the Pension Benefit Guaranty Corporation or any successor thereto.

Paydown Amount the amount of Two Million Seven Hundred Forty-Four Thousand and no/100 Dollars ($2,744,000.00), being the aggregate prepayment amount required to reduce the LTV Ratio (based on the Approved Appraised Value of the Property as of the date hereof) to equal or less than fifty-five percent (55%). Payment Amount – a Loan Advance, an unreimbursed Agent Advance, any unreimbursed Indemnified Liabilities, or any other amount that a Lender is required to fund under this Agreement. Payments - as defined in Section 15.11. Permitted Additional Debt - as defined in Section 9.6.4. Permitted Title Exceptions - real estate taxes and other governmental assessments to the extent that the same are not yet due and payable and such other matters as are (a) referenced in Exhibit B to the Mortgage or (b) otherwise permitted under the terms of the Loan Documents. Permitted Transactions - as defined in Section 9.6.2. Permitted Transfers - as defined in Section 9.6.3. Person - an individual, sole proprietorship, partnership, limited liability company, corporation, joint stock company, joint venture, association, estate, trust, business trust or unincorporated organization, or a Governmental Authority. Pledge and Security Agreement - as defined in Section 3.1.3. P.M. - a time from and including twelve o'clock noon to and excluding twelve o'clock midnight on any day using eastern time. Prime Rate - a rate per annum equal to the rate of interest announced by Agent from time to time as its “Prime Rate”. Any change in the Prime Rate shall be effective immediately from and after such change in the Prime Rate. The Borrower acknowledges that Agent may make loans to its customers above, at or below the Prime Rate. Prime Rate Loan - any Loan for the period(s) when the rate of interest applicable to such Loan is calculated by reference to the Prime Rate. Prime Rate Margin - as of the closing of the Loan, the Prime Rate Margin shall be three percent (3.0%). Upon and following any prepayment of the Loan, in accordance with the terms and conditions of Section 2.5.3 hereof, in an amount sufficient to reduce the LTV Ratio (based on the Approved Appraised Value of the Property) to not more than fifty-five percent (55%), the Prime Rate Margin shall thereafter be reduced to two and one-half percent (2.5%). Principal Repayment Amount - any regularly scheduled reductions in the outstanding principal of the Loan to be made on any Interest Payment Date. Prohibited Hazardous Substances – as defined in the d...