Additional Loan Payments definition

Additional Loan Payments means the loan payments payable by the Company, described under the subheading “Additional Loan Payments” in the Loan Agreement and the Promissory Notes.
Additional Loan Payments shall have the meaning given to such term in Section 2.10 hereof.

Examples of Additional Loan Payments in a sentence

  • Should the Division fail to pay the Additional Loan Payments enumerated in above when due, the Division agrees to pay interest on such unpaid amounts from such date at the rate of 10% per annum.

  • Any overdue Additional Loan Payment shall bear interest from the date due until paid at the Post-Default Rate for such Additional Loan Payments specified in the Indenture.

  • When due, the Trustee shall transfer an amount equal to the Additional Loan Payments (as defined in the Loan Agreement) from the Public Safety Charges Revenue Fund to the Bond Fund.

  • Such Additional Loan Payments shall be billed to the Borrower by the Lender from time to time, together with a statement certifying that the amount billed has been incurred or paid by the Lender for one or more of the above items.

  • Such Additional Loan Payments shall be billed to the University by the Authority or the Bond Trustee, from time to time.

  • The University agrees to promptly reimburse the Authority for the costs of such coverage, such amounts constituting Additional Loan Payments due by the University to the Authority pursuant to Section 2.10 of this Agreement.

  • The University understands and agrees that redemption premium, if any, and costs and expenses of the Authority and the Trustee in connection therewith will also be payable by the University as Additional Loan Payments pursuant to Section 2.10 of this Agreement.

  • The University understands and agrees that redemption premium, if any, and costs and expenses of the Authority and the Bond Trustee in connection therewith will also be payable by the University as Additional Loan Payments pursuant to Section 2.10 of this Agreement.

  • Notwithstanding any such prepayment, as long as any Bonds remain Outstanding or any Additional Loan Payments required to be made hereunder remain unpaid, the University will not be relieved of its obligations hereunder.

  • Section 3.1 Basic Loan Payments 8 Section 3.2 Additional Loan Payments 9 Section 3.3 Overdue Payments 10 Section 3.4 Execution and Delivery of Guaranty Agreement 10 Section 3.5 Non-Liability of Issuer 10 Section 3.6 Waiver of Personal Liability 11 Section 3.7 Unconditional Obligation of the Company 11 Section 3.8 Security for Payments Under the Series 2015 Bonds 11 Section 3.9 Warranty of Title.

Related to Additional Loan Payments

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

  • Additional Loan means the Eligible Loans evidenced by a Note or Notes sold from time to time during the Supplemental Purchase Period pursuant to an Additional Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • 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).

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Additional Advance means each additional loan that is made under an RBC Homeline Plan after the initial advance, including any new or additional advances, increases to principal, or further borrowings or extensions of the term, including in the case of any fluctuating account or accounts, revolving loans, or lines of credit, additional segments of such facilities made after the initial advance. They are referred to collectively as Additional Advances.

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

  • Loan Payment means any amount payable by the Loan Parties to the Bank pursuant to the Legal Agreements or these General Conditions, including (but not limited to) any amount of the Withdrawn Loan Balance, interest, the Front-end Fee, interest at the Default Interest Rate (if any), any prepayment premium, any transaction fee for a Conversion or early termination of a Conversion, any premium payable upon the establishment of an Interest Rate Cap or Interest Rate Collar, and any Unwinding Amount payable by the Borrower.”

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • Advance Payments means the payments made by Customer in advance of delivery with respect of an Aircraft pursuant to Section 4.2 of the Purchase Agreement.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Initial Loan is defined in Section 2.1.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Interest Subsidy Payments means payments, designated as such, consisting of interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

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

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

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Term Loan Extension Series has the meaning set forth in Section 2.16(a).

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Additional Lenders has the meaning assigned to such term in Section 2.18(b).

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Educational loan means a loan made by the authority to an institution.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • 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.

  • Additional Lender has the meaning set forth in Section 2.14(c).