Payoff Loans definition

Payoff Loans means all loans secured by any Property (including, without limitation, the Buyer Discharged Debt), other than the Loans.
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Payoff Loans. As defined in Section 2.01(b) hereunder.
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Payoff Loans means all of the Mortgage Loans specified on Section 5.8 of the Contributors Disclosure Schedule as being a Payoff Loan, provided that the Operating Partnership shall have the option by giving written notice to the Contributors no later than five (5) Business Days after the date of this Agreement of removing the Mortgage Loans for any of the Properties identified as 130/150/170 Radnor Financial Center, Radnor Corporate Center and One Xxxxx Square as a Payoff Loan, in which event Section 5.8 of the Contributors Disclosure Schedule shall be deemed amended thereby. All Payoff Loans will be paid off in full immediately after the Closing pursuant to Section 2.3.
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Examples of Payoff Loans in a sentence

  • The Borrower has further requested that each Lender and each Lender hasagreed to (i) make certain amendments to this Agreement (as in effect immediately prior to the effectiveness of Amendment No. 3) in accordance with and as set forth in Amendment No. 3, (ii) make any additional Delayed Draw Loans requested by theBorrower, subject to and in accordance with this Agreement and (iii) make any Kodiak Pay-off Loans requested by the Borrower, subject to and in accordance with thisAgreement.

  • SECTION 3.The Kodiak Pay-off Loan Commitments and Kodiak Pay-off Loans.

  • Loan Payoff: Loans will be closed after receipt of all principal and interest.


More Definitions of Payoff Loans

Payoff Loans means the Loans which are identified as “Payoff Loans” on Schedule D hereto.
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Related to Payoff Loans

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Refinancing Revolving Loans has the meaning assigned to such term in Section 2.26(a).

  • Term Loans as defined in Section 2.1.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Second Lien Loans means “Loans” under and as defined in the Second Lien Credit Agreement.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Term Loan as defined in Section 2.1.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Refinancing Loans means the Refinancing Revolving Loans and the Refinancing Term Loans.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Term B Loans means the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a) and any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • New Revolving Loans as defined in Section 2.25.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Term A Loans has the meaning specified in Section 2.01(b).