Second Amendment Loan definition

Second Amendment Loan means a loan made by a Lender pursuant to Section 2.01(b) on the Second Amendment Funding Date.
Sample 1Sample 2Sample 3
Second Amendment Loan means, collectively, the loans made by the Lenders to the Borrower on the Second Amendment Effective Date pursuant to Section 2.01(c).
Sample 1Sample 2
Second Amendment Loan means a loan made by a Lender pursuant to Section 2.01(b) on the Second Amendment Funding Date. “Secured Parties” shall have the meaning set forth in the Guarantee and Collateral Agreement.
Sample 1

Examples of Second Amendment Loan in a sentence

  • The Borrower may, at any time and from time to time, upon at least five (5) Business Days’ prior written notice to the Administrative Agent, prepay (x) the principal of the Term Loan, in whole or in part, and (y) the principal of the Second Amendment Loan, in whole and not in part and only if all principal of the Term Loan is simultaneously or previously repaid in whole.

  • Effective June 15, 2016, we signed a Second Amendment Loan Agreement with the Bank which provided a further increase to $7.0 million from our previous $6.0 million line of credit and extended it through June 15, 2017.

  • In addition, all accrued and unpaid interest shall be paid upon the payment in full of the Principal of the Second Amendment Loan and, if payment in full is not made when due, thereafter on demand.

  • Each prepayment pursuant to subsection (c)(iii)(B) above shall be applied (x) first, to the Second Amendment Loan and any accrued and unpaid interest thereon until it has been repaid in full, and (y) thereafter to the outstanding amount of the Term Loan.

  • All consents, authorizations and approvals of, and filings and registrations with, and all other actions in respect of, any Governmental Authority or other Person required in connection with this Second Amendment (including the making of the Second Amendment Loan) or the conduct of the Loan Parties’ business shall have been obtained and shall be in full force and effect.

  • Except as expressly modified by this Second Amendment, Loan Documents are ratified and confirmed and are, and shall continue to be, in full force and effect in accordance with their respective terms.

  • Subject to and upon the terms and conditions set forth herein, Lender hereby agrees to make and Borrower hereby agrees to accept (i) the Closing Date Loan on the Funding Date, (ii) the First Amendment Loan on the First Amendment Funding Date and (ii) the Second Amendment Loan on the Second Amendment Funding Date.

  • The Initial Consolidated Bridge Loan is evidenced by the Initial Notes, the First Amendment Loan is evidenced by the First Amendment Notes and the Second Amendment Loan is evidenced by the Second Amendment Notes.

  • The Borrower shall have paid (or substantially simultaneously with the funding of the Second Amendment Loan, shall pay) all fees, costs, expenses and taxes then payable by the Borrower pursuant to this Second Agreement, the Financing Agreement and the other Loan Documents, including, without limitation, ‎all costs and expenses required to be paid pursuant to Section 6 below.

  • Borrower further warrants, represents and confirms that, as of the Second Amendment Closing Date, the aggregate outstanding principal balance of the Second Amendment Loan equals $1,400,000.


More Definitions of Second Amendment Loan

Second Amendment Loan means the loan in the amount of $15,000,000 made by Lender to Borrower pursuant to this Agreement on the Second Amendment Funding Date.
Sample 1
Second Amendment Loan. Second Amendment Notes", "Second Amendment Warrants", "Note 9", "Note 10", "Note 11", and the definitions thereof, as hereinafter provided, and
Sample 1

Related to Second Amendment Loan

  • Second Amendment Agreement means that certain Second Amendment Agreement dated as of October 4, 2011, among Xxxxx 0, xxx Xxxxxxxx, Xxxxxxx Xxxxx Capital Corporation, as administrative agent and collateral agent, and the Tranche B II Term Lenders party thereto, providing for, among other things, the amendment and restatement of the 2009 Credit Agreement.

  • Second Amendment Date means February 26, 2019.

  • Second Amendment means that certain Second Amendment to Second Amended and Restated Credit Agreement dated as of May 1, 2020, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

  • Sixth Amendment means the Sixth Amendment to Amended and Restated Senior Secured Credit Agreement, dated as of November 5, 2021, by and among Administrative Agent, Collateral Agent, Lenders, the Borrower, Parent and Guarantors.

  • Fifth Amendment means the Fifth Amendment to Fifth Amended and Restated Credit Agreement dated as of August 25, 2016, among the Borrower, the Lenders party thereto, the Administrative Agent and the other Persons party thereto.

  • First Amendment means that certain First Amendment to Credit Agreement, dated as of February 27, 2017, among the Loan Parties, the Administrative Agent and the Lenders party thereto.

  • Third Amendment Date means June 23, 2020.

  • Fourth Amendment Date means April 30, 2021.

  • Fourth Amendment means that certain Fourth Amendment to Credit Agreement, dated as of August 17, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders and other Credit Parties party thereto.

  • Eighth Amendment means the Eighth Amendment to Second Amended and Restated First Lien Credit Agreement dated as of May 23, 2014 among the Borrower, EPL, the Lenders, the Administrative Agent and the other Persons party thereto.

  • Third Amendment means that certain Third Amendment to Amended and Restated Credit Agreement dated as of the Third Amendment Effective Date, among the Borrower, the Guarantors party thereto, the Administrative Agent and the Lenders party thereto.

  • First Amendment Date means February 21, 2019.

  • Eleventh Amendment means that certain Eleventh Amendment to Credit Agreement, dated as of April 29, 2022, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent, the Lenders party thereto, the Revolving Letter of Credit Issuers and the various other parties party thereto.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Amendment Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Original Loan Agreement has the meaning set forth in the recitals hereto.

  • Seventh Amendment means the Waiver and Seventh Amendment to Sixth Amended and Restated Credit Agreement dated as of the Seventh Amendment Effective Date among the Borrower, the Administrative Agent and the Lenders.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Original Facility Agreement means the facility agreement dated 19 December 2018 and made between, amongst others, (i) the Borrower, (ii) the Lenders, (iii) the Mandated Lead Arrangers, (iv) the Facility Agent and the SACE Agent and (v) the Security Trustee.

  • Second Amendment Closing Date has the meaning assigned to such term in the Second Amendment.

  • Tenth Amendment means that certain Tenth Amendment to Credit Agreement, dated as of November 15, 2019, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent and the Lenders party thereto.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • Fourth Amendment Closing Date the date on which all the conditions precedent set forth in Section 3 of the Fourth Amendment shall be satisfied or waived.