'Additional Equipment Loans definition

'Additional Equipment Loans means the loans made by the Lender to the Borrowers pursuant to Section 2.7."

Examples of 'Additional Equipment Loans in a sentence

  • The commitment of Bank to make further Additional Equipment Loans to Borrower expired on December 31, 1998.

  • The unpaid principal amount of the Additional Equipment Loans shall, subject to the following sentence, bear interest as provided in the Additional Equipment Note.

  • The amount of the Additional Equipment Loans made by Bank to Borrower has been debited to the loan ledger account of Borrower maintained by Bank for the Additional Equipment Loan Commitment (herein called the "Additional Equipment Loan Account") and Bank shall credit the Additional Equipment Loan Account with all Loan repayments in respect thereof made by Borrower.

  • Electronic Proposals must be submitted through the BidnetDirect.com website.

  • Pursuant to the terms of the Other Loan Agreement, as of the date hereof Bank has made loans ("Additional Equipment Loans") to Borrower in the principal amount of $170,680.00 (the "Additional Equipment Loan Commitment") to enable Borrower to purchase equipment, furniture and software.

  • To evidence the Additional Equipment Loans, the Borrowers will issue, execute and deliver the Additional Equipment Note dated as of the date of the Third Amendment in the principal amount of the Additional Equipment Commitment.

  • The Borrowers shall repay the unpaid principal amount of the Additional Equipment Loans together with accrued interest thereon as provided in the Additional Equipment Note.

  • Additional Equipment Loans that are repaid by Borrower may not be reborrowed.

Related to 'Additional Equipment Loans

  • Additional Equipment means any equipment you might purchase from a supplier other than us(whether or not this supplier is recommended by us).

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

  • Committed Equipment Line means a credit extension of up to Three Million Dollars ($3,000,000.00).

  • Optional equipment means all the features not included in the standard equipment which are fitted to a vehicle under the responsibility of the manufacturer, and that can be ordered by the customer.

  • Refinancing Equipment Notes and “Refinancing Trust” shall have the respective meanings assigned to such terms in the Intercreditor Agreement.

  • Performing Equipment Note Person", "Pool Balance", "Rating Agencies", "Ratings Confirmation", "Regular Distribution Date", "Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Replacement Loans has the meaning specified in Section 10.01.

  • Additional Loans means any Additional Revolving Loans and any Additional Term Loans.

  • Related Equipment Note means, as of any date, an “Equipment Note” as defined in each Related Indenture, but only if as of such date it is held by the “Subordination Agent” under the “Intercreditor Agreement”, as such terms are defined in such Related Indenture.

  • Existing Equipment means equipment, machines, devices or installations that are in operation prior to September 23, 1970.

  • Additional Series Equipment Notes means Equipment Notes issued under the Indenture and designated as a Series (other than “Series AA” or “Series A”) thereunder in the principal amounts and maturities and bearing interest as specified in Schedule I to the Indenture amended at the time of original issuance of such Additional Series under the heading for such Series.

  • Original equipment manufacturer means a company that manufactures products that it has designed from purchased components and sells those products under the company's brand name.

  • Additional Collateral Loan Each Mortgage Loan that is supported by Additional Collateral.

  • Terminal Equipment means all telephone instruments, including pay telephone equipment, the common equipment of large and small key and PBX systems and other devices and apparatus, and associated wirings, which are intended to be connected electrically, acoustically or inductively to the telecommunication system of the telephone utility.

  • Designated Equipment means either: (i) a server identified by serial number, or host I.D. on which the Licensed Materials are stored; or (ii) a computer or workstation, as identified by its serial number, host I.D. number or Ethernet address; to which the Licensed Materials are downloaded and Used only upon the issuance of a License Key. The Designated Equipment shall be of a manufacture, make and model, and have the configuration, capacity (i.e., memory/disk), operating software version level, and pre- requisite and co-requisite applications, prescribed in the Documentation as necessary or desirable for the operation of the Software.

  • Equipment Advance is defined in Section 2.1.1.

  • Rental Equipment means tangible personal property sold, rented, leased, or licensed to customers to the extent that the item is actually used by the customer for rental, lease, or license to others; provided that:

  • New equipment means equipment for which, by the cut-off date, neither of the following events has occurred:

  • Capital Equipment means machinery and equipment purchased or leased, and used in this state by the purchaser or lessee primarily for manufacturing, fabricating, mining, or refining tangible personal property to be sold ultimately at retail if the machinery and equipment are essential to the integrated production process of manufacturing, fabricating, mining, or refining. Capital equipment also includes machinery and equipment used primarily to electronically transmit results retrieved by a customer of an online computerized data retrieval system.

  • Stationary x-ray equipment means x-ray equipment which is installed in a fixed location.

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Project Equipment means the items of machinery, equipment or other personal property used in connection with the construction and development of the Project pursuant to the provisions hereof, and all replacements thereof and substitutions therefor made pursuant to this Agreement.

  • Replacement Equipment means operational equipment or other parts used by Tenant to replace any of the Equipment.

  • Load Control Equipment means the equipment (which may include, but is not limited to, ripple receivers and relays) that is from time to time installed in, over or on Consumer’s Premises for the purpose of receiving signals sent by Load Signalling Equipment and switching on and off, or otherwise controlling, controllable load;

  • X-ray equipment means an x-ray system, subsystem, or component thereof. Types of x-ray equipment are as follows:

  • Fixed Equipment means any property affixed in any way to the Licensed Premises existing at the time Notice to Proceed is given, whose removal would damage the Licensed Premises.