Real Estate Term Loan definition

Real Estate Term Loan means, the Loan Agreement, dated as of April 8, 2016, between JPP, LLC and JPP II, LLC, each a Delaware limited liability company and Cascade Investment, L.L.C., as initial lenders, and Sears, Sears Development Co., Innovel Solutions, Inc., Big Beaver of Florida Development, LLC, and Kmart Corp., collectively, as borrower.
Real Estate Term Loan means the Real Estate Term Loan-Ershigs, the Real Estate Term Loan-FCI, or the Real Estate Term Loan-Sefco and "Real Estate Term Loans" means more than one of such loans.

Examples of Real Estate Term Loan in a sentence

  • The proceeds of the Real Estate Term Loans 1, 2 & 3 made under this Agreement will be used by the Borrower to refinance the Winchester Property, and the proceeds of the Real Estate Term Loan 4 made under this Agreement will be used by the Borrower to finance existing improvements to the Winchester Property.

  • The Real Estate Term Loan Obligations shall be secured by a first priority deed of trust lien on the Winchester Property, as more particularly described in the Deed of Trust.

  • On or prior to the Closing Date, the Bank shall have received a duly executed Revolving Note, Real Estate Term Loan 1 Note, Real Estate Term Loan 2 Note, Real Estate Term Loan 3 Note, and Real Estate Term Loan 4 Note, each dated as of the Closing Date and complying with the provisions of Section 2 hereof.

  • Schedule 5.20 is a complete and correct listing of all Material Debt other than Debt associated with the Revolving Credit Loan Obligations, the Real Estate Term Loan Obligations or the Note Agreement.

  • Term Loan Agreement made as of September 8, 2006 (as amended by the First Amendment to Real Estate Term Loan Agreement, dated as of March 31, 2010), by and between Comerica Bank and Applied Medical Resources Corporation.


More Definitions of Real Estate Term Loan

Real Estate Term Loan has the meaning set forth in Section 1.2.
Real Estate Term Loan means the $2,500,000 Real Estate Term Loan to be made by the Lender to the Borrowers at the Effective Time.
Real Estate Term Loan means the Loan described in Section 2(f) of the Schedule.
Real Estate Term Loan means a term loan made by or on behalf of Lender to Borrower as provided for in Section 2.4, subject to all the terms and conditions applicable thereto.
Real Estate Term Loan means Real Estate Term Loan A and Real Estate Term --------------------- Loan B, or either of them.
Real Estate Term Loan means a term loan in the principal amount of One Million Five Hundred Thousand Dollars ($1,500,000) made by CIT pursuant to, and repayable in accordance with, the provisions of Section 4 of this Financing Agreement.
Real Estate Term Loan shall have the meaning ascribed thereto in SECTION 2.1 hereof.