Phase 2 Loan definition

Phase 2 Loan means the portion of any Loan made with respect to Phase 2 (or as otherwise permitted herein) from the Phase 2 Allocation (which, together with any Phase 1 Loan made on the same date, shall be a “Loan”).
Phase 2 Loan shall have the meaning as set forth in Section 2.1(b)(ii) below.
Phase 2 Loan. As such term is defined in Recital "B". ------------ Phase 1 Loan Agreement: That certain Construction Loan Agreement dated of ------------------------ even date herewith entered into by and among Lender and the Phase 1 Borrowers (which Phase 1 Loan Agreement includes the Addendum thereto).

Examples of Phase 2 Loan in a sentence

  • Upon effect of the Phase 2 Loan, the aggregate principal amount of Loans that have been issued under this Credit Agreement shall be $720,000,000.

Related to Phase 2 Loan

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

  • SOFR Loan means a Loan that bears interest at a rate based on Term SOFR.

  • Commercial loan means a loan that is not made primarily for