BofA Loans definition

BofA Loans have the meanings specified in Section 2.2(h).
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BofA Loans means those certain term loans made by BofA to ThermaClime and each of the borrowers listed in the BofA Loan Agreement pursuant to the terms of the BofA Loan Agreement in an aggregate principal amount of up to $50,000,000.
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BofA Loans has the meaning specified in Preliminary Statement (1).
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Examples of BofA Loans in a sentence

  • All Revolving Loans (other than BofA Loans and Agent Advances) shall be made by the Lenders simultaneously and in accordance with their Pro Rata Shares.

  • Subject to the satisfaction of the conditions precedent set forth in Article 10, each Lender severally agrees, upon the Borrower's request from time to time on any Business Day during the period from the Original Closing Date to the Termination Date, to make revolving loans (the "Revolving Loans") to the Borrower, in amounts not to exceed (except for BofA with respect to BofA Loans or Agent Advances) such Lender's Pro Rata Share of the Borrower's Availability.

  • The Agent shall record on its books the principal amount of the Revolving Loans owing to each Lender, including the BofA Loans owing to BofA, and the Agent Advances owing to the Agent, from time to time.

  • Notwithstanding Section 9.25, BofA may, in its sole discretion, make BofA Loans which, after giving effect thereto, would result in Availability of less than $10,000,000 (but not less than $5,000,000), provided that the Borrower shall not permit the portion of any such BofA Loan which so results in Availability of less than $10,000,000 to be outstanding for more than five consecutive days in any calendar quarter or more than ten days in total in any calendar quarter.

  • Notwithstanding Section 9.25, BofA may, in its sole discretion, make BofA Loans which, after giving effect thereto, would result in Availability of less than $5,000,000 (but not less than zero), provided that the Borrower shall not permit the portion of any such BofA Loan which so results in Availability of less than $5,000,000 to be outstanding for more than five consecutive days in any calendar quarter or more than ten days in total in any calendar quarter.

  • As of the date of filing approximately $11,115,000 was owed to BofA in respect of the BofA Loans.

  • This Agreement shall become effective upon the execution and delivery hereof by Borrowers, Agent, and the Lenders and shall continue in full force and effect for a term ending on the earlier of (i) April 13, 2017 and (ii) the date of maturity of the BofA Loans or any refinancings, renewals, replacements or extensions of the BofA Loans, so long as any such refinancing, renewal, replacement or extension is permitted under and subject to the BofA Inter-Lender Agreement) (the “Maturity Date”).

  • While we lack the technical expertise to perform such an analysis for a possible development project in Pittsburgh, the preponderance of the literature suggests that there are real cost savings to be had to stormwater management by employing low impact development strategies.

Related to BofA Loans

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the Swingline Loans and the U.S. Protective Advances.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Bank Loans means debt obligations (including, without limitation, term loans, revolving loans, debtor-in-possession financings, the funded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans, bridge loans and senior subordinated loans) that are generally provided under a syndicated loan or credit facility or pursuant to any loan agreement or other similar credit facility, whether or not syndicated.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

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

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

  • Swing Loans each is defined in Section 1.7 hereof.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • New Revolving Loans as defined in Section 2.25.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.