Series B Loan definition

Series B Loan means the loan to be made to the Redeveloper by the Authority from the proceeds of the Series B Bonds, which loan proceeds will be used by the Redeveloper to pay the costs of redeveloping the Opera House Property, all pursuant to the Transaction Documents.
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Series B Loan means the loan from the Authority to the Company of the proceeds of the Series B Bonds;
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Series B Loan means the loan to be made by the Authority to the Redeveloper in the aggregate amount of the Bond Proceeds for all series of the Series B Bonds, all pursuant to loan terms and loan documents acceptable to the Authority and Redeveloper. The sources of payment for the Series B Loan shall be funds from the Amusement Tax Replacement Fees as provided in Section 6.01.
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Examples of Series B Loan in a sentence

  • The moneys and securities held hereunder shall be irrevocably pledged and set aside for the payment of the 1993 Series B Bonds and the 1993 Series B Loan Agreements as provided in Section 6 hereof.

  • The Bank of New York Mellon Trust Company, N.A., as Trustee for the 1993 Series B Bonds, hereby also waives, pursuant to Section 2.03 of the 1993 Series B Loan Agreements, receipt of the written notice of the Successor Agency’s intention to prepay the loans made from the proceeds of the 1993 Series B Loan Agreements.

  • As a result of the deposit into and use of the Escrow Fund as described herein, all payment obligations of the Successor Agency under the 1993 Series B Loan Agreements have been discharged in full.

  • The Borrower shall be responsible for all other fees and costs associated with the documentation and facilitation of the Series B Loan, the Series C Loan and the Series D Loan.

  • Any portion of the Series B Loan, the Series C Loan and the Series D Loan repaid may not be relent.

  • The Series B Loan, the Series C Loan and the Series D Loan are non-revolving.

  • To the extent the Borrower elects not to proceed with the purchase of the Xxxxxxx Road Property or otherwise fails to satisfy the requirements of Section 5.04 hereof on or prior to March 31, 2017, the Lender agrees to refund the origination fees and closing fee received by the Lender in the amount of $50,000 with respect to the Series B Loan, the Series C Loan and the Series D Loan.

  • If the Borrower elects not to proceed with the purchase of the Xxxxxxx Road Property prior to March 31, 2017, the Borrower shall provide written notification of its intentions to the Lender and thereafter, the Series B Loan, the Series C Loan and the Series D Loan shall be deemed cancelled and all references to the Series B Loan, the Series C Loan and the Series D Loan in this Loan Agreement and the other Loan Documents shall be null and void.


More Definitions of Series B Loan

Series B Loan means the Series B Issuer Loan Obligation and the Series B Borrower Loan.
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Series B Loan as defined in the Existing Credit Agreement, which loan was advanced prior to the Initial Closing Date hereunder.
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Series B Loan shall have the meaning given therefor in the First Amendment.
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Series B Loan has the meaning specified in Section 2.1.
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Series B Loan has the meaning set forth in the Loan Agreement.
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Related to Series B Loan

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

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Term SOFR Loan means a Loan that bears interest at a rate based on Term SOFR.

  • Term B-1 Loan means a Loan made pursuant to Section 2.01(a).

  • Term Loan as defined in Section 2.1.

  • 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;

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

  • Term Loan Conversion Date means the Termination Date on which all Revolving Credit Advances outstanding on such date are converted into a term loan pursuant to Section 2.06.

  • Term A-1 Loan means an advance made by any Term A-1 Lender under the Term A-1 Facility.

  • 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.

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

  • Term A Loan Commitment means, for each Lender, the commitment of such Lender to make its portion of the Term A Loan, in the principal amount with respect to each such Lender equal to the amount set forth opposite the name of such Lender under "Term A Loan Commitment" on Schedule 1.01(A).

  • New Revolving Loan has the meaning specified in Section 2.14(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.

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

  • Tranche C Term Loan as defined in Section 2.1.

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

  • Term Loan A Note means a promissory note in the form of Exhibit 2.5-3, as it may be amended, supplemented or otherwise modified from time to time.

  • 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.

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Tranche the collective reference to Eurodollar Loans the then current Interest Periods with respect to all of which begin on the same date and end on the same later date (whether or not such Loans shall originally have been made on the same day).

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Tranche B Term Loan as defined in Section 2.1.

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