Refinancing Loan Amount definition

Refinancing Loan Amount means the loan amount drawn down by the RMI Borrower under the Refinancing Mortgage.2
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Refinancing Loan Amount means the amount set forth as such on Schedule 1 to this Appendix A multiplied by the Relevant Percentage.
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Refinancing Loan Amount means the greater of (x) the amount required to pay in full the outstanding principal amount of and all interest and other amounts then due under the Permanent Loan or existing Refinancing Loan, as the case may be, and the expenses of obtaining and closing the new Refinancing Loan and (y) an amount not in excess of eighty percent (80%) of the value of the leasehold estate (assuming that the leasehold estate is not encumbered by any outstanding financing) at the time the new Refinancing Loan is funded as established by an appraisal approved by the Recognized Mortgagee holding the new Refinancing Mortgage.
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Examples of Refinancing Loan Amount in a sentence

  • For example, in a case which does not involve mortgage insurance, the Redemption Amount may be HKD4 million, and the Refinancing Loan Amount may be HKD2 million only, and the balance is paid with the OMI Borrower's own funds, which means only part of the Redemption Amount would be transferred by the RMI to the OMI.

  • The RMI or RMI's Solicitor shall obtain the RMI Borrower's express written consent in disclosing the refinancing arrangement, including the Refinancing Loan Amount (or such part thereof) that will be used to pay the Redemption Amount (or such part thereof) (the " Remittance Amount"), to the OMI and OMI's Solicitor for purposes of the PAPT before or upon the signing of the facility letter.

  • The Cash Out Amount shall equal the Refinancing Loan Amount and shall be directly credited to the RMI Borrower's account with the RMI as per the steps set out in Refinancing Scenario A (with necessary modifications).

  • For example, in a case which does not involve mortgage insurance, the Redemption Amount may be HKD4 million while the Refinancing Loan Amount may be HKD6 million.

  • For any Assignment Date beginning with the Assignment Date in the sixth calendar month after the Closing Date and subject to Section 4.04 hereof, Seller’s Future Excess Servicing Spread Assignment Obligation shall be reduced by the Maximum Retained Refinancing Loan Amount for such Assignment Date.

  • The provisions of this paragraph shall also apply in respect of a Refinancing Loan which, for either of the reasons set forth above, does not provide proceeds sufficient to discharge the then-existing Mortgage, provided that the aggregate amount of all Mortgages at any one time outstanding in such circumstances shall not exceed the Refinancing Loan Amount.

Related to Refinancing Loan Amount

  • Refinancing Loan shall have the meaning provided in Section 2.14(h)(i).

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

  • 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.

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Refinancing Commitments shall have the meaning provided in Section 2.14(h).

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

  • Refinancing Revolving Commitments means one or more Classes of Revolving Loan commitments hereunder that result from a Refinancing Amendment.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Refinancing Lender means, at any time, any bank, other financial institution or institutional investor that agrees to provide any portion of any Credit Agreement Refinancing Indebtedness pursuant to a Refinancing Amendment in accordance with Section 2.28; provided that each Refinancing Lender (other than any Person that is a Lender, an Affiliate of a Lender or an Approved Fund of a Lender at such time) shall be subject to the approval of the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) (such approval not to be unreasonably withheld or delayed), in each case to the extent any such consent would be required from the Administrative Agent and each Issuing Bank (in the case of Other Refinancing Revolving Commitments or Other Refinancing Revolving Loans) under Section 10.4(b) for an assignment of Loans or Commitments to such Refinancing Lender.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • Refinancing Revolving Credit Commitments shall have the meaning provided in Section 2.15(b)(i).

  • Term Loan Facilities means the Term Loan A Facility and the Term Loan B Facility.

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).

  • Extended Revolving Credit Facility means each Class of Extended Revolving Credit Commitments established pursuant to Section 2.7.

  • Existing Revolving Credit Facility means the $600,000,000 (subject to increase in accordance with its terms) revolving credit facility evidenced by that certain Amended and Restated Revolving Credit Agreement dated as of June 14, 2022 by and among the Borrower, the Parent, the lenders from time to time party thereto as “Lenders”, and JPMorgan Chase Bank, N.A., as Agent.

  • Term Loan Commitment is, for any Lender, the obligation of such Lender to make a Term Loan, up to the principal amount shown on Schedule 1.1. “Term Loan Commitments” means the aggregate amount of such commitments of all Lenders.

  • Term Loan Commitments means the aggregate amount of such commitments of all Lenders.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Term Loan Commitment Amount means, (a) as to any Lender that is a Lender on the Closing Date, the dollar amount set forth opposite such Lender’s name on the Commitment Annex under the column “Term Loan Commitment Amount”, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party, and (b) as to any Lender that becomes a Lender after the Closing Date, the amount of the “Term Loan Commitment Amount(s)” of other Lender(s) assigned to such new Lender pursuant to the terms of the effective assignment agreement(s) pursuant to which such new Lender shall become a Lender, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party.

  • Refinancing Term Commitments means one or more term loan commitments hereunder that fund Refinancing Term Loans of the applicable Refinancing Series hereunder pursuant to a Refinancing Amendment.

  • Refinancing Facility has the meaning specified in Section 2.16(a).

  • Refinancing Date The date on which a Current Mortgage Loan or Mortgage Loan is refinanced by Seller or an affiliate thereof.

  • Refinancing Debt means Debt that refunds, refinances, renews, replaces or extends any Debt permitted to be Incurred by the Company or any Restricted Subsidiary pursuant to the terms of this Indenture, whether involving the same or any other lender or creditor or group of lenders or creditors, but only to the extent that:

  • 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.