THE LOANS definition

THE LOANS is hereby amended and restated in full to read as follows:

THE LOANS means the Term Loan A-1 in the outstanding principal amount of $8,190,294.32, the Term Loan A-2 in the outstanding principal amount of $7,166,489.67 and the Term Loan B in the outstanding principal amount of $2,956,471.09.

THE LOANS means the loans advanced by the Seller to Crown and ERPM in terms of the two Loan Agreements in Schedule C and D respectively;

Examples of THE LOANS in a sentence

• THIS WAIVER IS IRREVOCABLE, MEANING THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR IN WRITING (OTHER THAN BY A MUTUAL WRITTEN WAIVER SPECIFICALLY REFERRING TO THIS SECTION 10.16 AND EXECUTED BY EACH OF THE PARTIES HERETO), AND THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS HERETO OR ANY OF THE OTHER CREDIT DOCUMENTS OR TO ANY OTHER DOCUMENTS OR AGREEMENTS RELATING TO THE LOANS MADE HEREUNDER.

• THIS WAIVER IS IRREVOCABLE, MEANING THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR IN WRITING (OTHER THAN BY A MUTUAL WRITTEN WAIVER SPECIFICALLY REFERRING TO THIS SUBSECTION 10.18 AND EXECUTED BY EACH OF THE PARTIES HERETO), AND THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO THIS AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS OR TO ANY OTHER DOCUMENTS OR AGREEMENTS RELATING TO THE LOANS MADE HEREUNDER.

• THE COSTS OF THE INSURANCE MAY BE ADDED TO THE PRINCIPAL AMOUNT OF THE LOANS OWING HEREUNDER.

• THIS WAIVER IS IRREVOCABLE, MEANING THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR IN WRITING (OTHER THAN BY A MUTUAL WRITTEN WAIVER SPECIFICALLY REFERRING TO THIS SECTION 6.2 AND EXECUTED BY EACH OF THE PARTIES HERETO), AND THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS HERETO OR TO ANY OTHER DOCUMENTS OR AGREEMENTS RELATING TO THE LOANS MADE HEREUNDER.

• THIS WAIVER IS IRREVOCABLE, MEANING THAT IT MAY NOT BE MODIFIED EITHER ORALLY OR IN WRITING (OTHER THAN BY A MUTUAL WRITTEN WAIVER SPECIFICALLY REFERRING TO THIS SECTION 10.17 AND EXECUTED BY EACH OF THE PARTIES HERETO), AND THIS WAIVER SHALL APPLY TO ANY SUBSEQUENT AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS HERETO OR ANY OF THE OTHER CREDIT DOCUMENTS OR TO ANY OTHER DOCUMENTS OR AGREEMENTS RELATING TO THE LOANS MADE HEREUNDER.

More Definitions of THE LOANS

THE LOANS mean the loans described in clause 2 below;

THE LOANS means the Term Loan A-1 in the original principal amount of $8,000,000, the Term Loan A-2 in the original principal amount of $7,000,000, the Term Loan B in an aggregate principal amount not to exceed $3,000,000, and the Term Loan C in the principal amount of $6,000,000. As of the Closing Date, the outstanding principal balance of the Term Loan A-1 is $8,158,314.57, the outstanding principal balance of the Term Loan A-2 is $7,138,507.47, and the outstanding principal balance of the Term Loan B is $2,627,508.00. As of the Closing Date, the Term Loan C has not been funded.

THE LOANS means the Term Loan A-1 in the outstanding principal amount of $8,158,314.57 and the Term Loan A-2 in the original principal amount of $7,138,507.47.

THE LOANS. Loan Agreement" the Omnibus Agreement "Loan Instruments" the Loan Documents(as defined in the Omnibus Agreement) "Note" the Notes "Personal Property" the Personal Property "Property" the Property "Rents" the Rents "Security Agreement" the Borrower Security Agreement (as defined in the Omnibus Agreement) "Trust Estate" the Trust Estate EXHIBIT A Legal Description of the Property EXHIBIT B Permitted Liens and Encumbrances TRACT I:

THE LOANS. Note" the Notes "Mortgagee" the Agent, acting in its capacity as such for the ratable benefit of the Lenders from time to time party to the Omnibus Agreement "Mortgagor" the Borrower In addition, the phrase "indebtedness secured hereby" and the phrase "indebtedness of Mortgagor to Mortgagee" shall be construed to refer to the Borrower's indebtedness in respect of the principal of, premium, if any, and interest on the Loans and Notes and in respect of all other Obligations.

THE LOANS. Subject to the terms and conditions hereof, each Bank severally agrees at any time and from time to time on and after the Effective Date and prior to the Maturity Date, to make and maintain a loan or loans (together with any Advances under a Letter of Credit described in Article III, a "LOAN" and collectively, the "LOANS") to the Company not to exceed at any time outstanding the maximum amount of its Commitment, which Loans (i) shall, at the option of the Company, be made and maintained pursuant to one or more Advances comprised of Alternate Base Rate Advances or Eurodollar Rate Advances; PROVIDED that, except as otherwise specifically provided herein, all Advances made simultaneously under the Loan shall be of the same Type, (ii) in the case of Eurodollar Rate Advances, shall be made in the minimum amount of $1,000,000.00 and integral multiples of $100,000.00 and, in the case of Alternate Base Rate Advances, in the minimum amount of $100,000.00 and integral multiples thereof, or, in either case, in the remaining balance of the lesser of (w) the Total Commitment, and (x) the Borrowing Base, (iii) may be repaid and, so long as no Default or Event of Default exists hereunder, reborrowed, at the option of the Company in accordance with the provisions hereof, and (iv) shall not, in the aggregate at any time outstanding and together with all Letter of Credit Obligations, exceed the lesser of (y) the Total Commitment, and (z) the Borrowing Base."

THE LOANS the Xxxxxxxx Loan and the Burford Loan;