Pool B Loan definition

Pool B Loan has the meaning assigned to that term in Section 2.01.
Sample 1Sample 2Sample 3
Pool B Loan. Any of the Mortgage Loans designated on Exhibit A-2.]
Sample 1Sample 2Sample 3
Pool B Loan means the $166,880,000.00 loan made pursuant to the Pool B Application.
Sample 1

Examples of Pool B Loan in a sentence

  • On an annual basis, the Trustee will file, to the extent the Trustee receives the information set forth below in electronic format, within 90 days after the end of the relevant Borrower's fiscal year end a Financial Report for those Borrowers which represent 10% or more of the aggregate Stated Principal Balance of the Mortgage Loans (on the date hereof, the URS Pool Loan, the Xxxxxxxxxx Pool B Loan, the Xxxxxxxxxx Pool A Loan, the Green Acres Loan and the Americold Pool Loan).

  • On a quarterly basis, the Trustee will file, to the extent the Trustee receives the information set forth below in electronic format, within 45 days after the end of the relevant Borrower's fiscal quarter a Financial Report for those Borrowers which represent 10% or more of the aggregate Stated Principal Balance of the Mortgage Loans (on the date hereof, the URS Pool Loan, the Xxxxxxxxxx Pool B Loan, the Xxxxxxxxxx Pool A Loan, the Green Acres Loan and the Americold Pool Loan).

  • Nevertheless, the acts of either party in consummating such sales shall not waive the termination of the Agreement or renew the Agreement.

  • For purposes of this Agreement, "Default" means the occurrence or existence of any event which, but for the giving of notice or expiration of time or both, would constitute an "Event of Default" under the Loan Documents or the Pool B Loan Documents (as the case may be).

  • Mezzanine Lender shall promptly release its first lien security interest in the Debt Reserve Fund at such time as the original principal balance of the Loan has been reduced by at least $2,575,000.00 and the original principal amount of the Pool B Loan has been reduced by at least $2,425,000.00.

  • Upon its receipt thereof, Mezzanine Lender shall be permitted to apply the Proceeds to the outstanding principal balance of the Loan and upon satisfaction thereof, Mezzanine Lender shall be permitted to apply the balance of such Proceeds to the outstanding principal balance of the Pool B Loan.

Related to Pool B Loan

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • CD Loan means a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Collateral Loan means a loan, debt obligation, debt security or participation therein acquired by the Borrower.

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

  • Refinancing Mortgage Loan Any Mortgage Loan originated in connection with the refinancing of an existing mortgage loan.

  • Outstanding Mortgage Loan As of any Due Date, a Mortgage Loan with a Stated Principal Balance greater than zero which was not the subject of a Principal Prepayment in Full prior to such Due Date and which did not become a Liquidated Mortgage Loan prior to such Due Date.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Refinanced Mortgage Loan A Mortgage Loan the proceeds of which were not used to purchase the related Mortgaged Property.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Receivables Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(i) hereof.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Pool 1 Mortgage Loans Any Mortgage Loan in Pool 1.

  • PPP Loan has the meaning set forth in Section 3.28.

  • U.S. Revolving Loan means a Revolving Loan made to the U.S. Borrowers.

  • Delayed Drawdown Collateral Obligation A Collateral Obligation that (a) requires the Issuer to make one or more future advances to the borrower under the Underlying Documents relating thereto, (b) specifies a maximum amount that can be borrowed on one or more fixed borrowing dates, and (c) does not permit the re-borrowing of any amount previously repaid by the borrower thereunder; but any such Collateral Obligation will be a Delayed Drawdown Collateral Obligation only until all commitments by the Issuer to make advances to the borrower expire or are terminated or are reduced to zero.

  • Non-Ratable Loan and “Non-Ratable Loans” have the meanings specified in Section 1.2(h).

  • Revolving Interest Rate means an interest rate per annum equal to (a) the Alternate Base Rate with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus two and one-half of one percent (2.50%) with respect to Eurodollar Rate Loans.