Project Loan Earn Out Advance definition

Project Loan Earn Out Advance shall have the meaning set forth in Section 2.12.2 hereof.
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Project Loan Earn Out Advance shall have the meaning set forth in Section 2.12.2 hereof. “Project Loan Mortgage” shall mean that certain Project Loan Mortgage and Security Agreement dated the date hereof, executed and delivered by Borrower to Lender as security for the Project Loan and encumbering the Property, as the same may be amended, restated, supplemented or otherwise modified from time to time. “Project Loan Note” shall mean that certain Project Loan Promissory Note, dated the date hereof, in the principal amount of up to the Project Loan Amount made by Borrower in favor of Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time. “Required Equity Funds” shall have the meaning set forth in Section 2.11.13. “Scheduled Defeasance Payments” shall have the meaning set forth in Section 2.5.1(b) hereof. “Security Agreement” shall have the meaning set forth in Section 2.5.1(a)(v) hereof. “Severed Loan Documents” shall have the meaning set forth in Section 8.2(c). hereof. “Shortfall” shall have the meaning set forth in Section 2.1.10 hereof. “Successor Borrower” shall have the meaning set forth in Section 2.5.3 hereof. “Unsatisfied Initial Advance Conditions” shall have the meaning set forth in Section 2.1.20. Section 1.2
Sample 1

Examples of Project Loan Earn Out Advance in a sentence

  • The portion of the Final Advance described in clause (c) of the foregoing sentence is referred to herein as the “Project Loan Earn Out Advance” and the corresponding portion of the Final Building Loan Advance is referred to herein as the “Building Loan Earn Out Advance” and together with the Project Loan Earn Out Advance, the “Earn Out Advances”.

Related to Project Loan Earn Out Advance

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Loan Advance The meaning specified in Section 2.2(a).

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

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

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Maximum Revolving Advance Amount means $30,000,000.

  • 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.

  • Interest Advance means an Advance made pursuant to Section 2.02(a).

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Equipment Advance is defined in Section 2.1.1.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Term Loan as defined in Section 2.1.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Incremental Loan has the meaning set forth in Section 2.14(b).

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