Construction Loan Outside Date definition

Construction Loan Outside Date has the definition given it in Section 5.2.4 hereof.

Examples of Construction Loan Outside Date in a sentence

  • If the Construction Loan Closing has not occurred by the Construction Loan Outside Date, upon not less than ten (10) days prior written notice to WPHC, Xxxx may withdraw as the Manager and as a Member without such withdrawal (a "Permitted Withdrawal") constituting a breach of this Agreement.

  • If the Construction Loan Xxxxing has not occurred by the Construction Loan Outside Date, upon not less than ten (10) days prior written notice to WPHC, Feld may withdraw as the Managex xxd as a Member without such withdrawal (a "Permitted Withdrawal") constituting a breach of this Agreement.

  • If the Construction Loan Closing has not oxxxxred by the Construction Loan Outside Date, upon not less than ten (10) days prior written notice to WPHC, Feld may withdraw as the Manager and as a Member xxxhout such withdrawal (a "Permitted Withdrawal") constituting a breach of this Agreement.

  • If for any reason the Initial Closing has not occurred by May 2, 1996, or the Construction Loan Closing has not occurred by the Construction Loan Outside Date, then WPHC shall have the right to remove Xxxx as a Member and Manager of the Company in accordance with the provisions of Section 12.12.

  • Feld covenants to cause the Initial Closing to occur by May 2, 1996 xxx the Construction Loan Closing to occur by the Construction Loan Outside Date.

  • Feld covenants to cause the Construction Loan Clxxxxg to occur by the Construction Loan Outside Date.

  • If for any reason the Construction Loan Closing has not occurred by the Construction Loan Outside Date, then WPHC shall have the right to remove Feld as a Member and Manager ox xxe Company in accordance with the provisions of Section 12.12.

  • If for any reason the Construction Loan Closing has not occurred by the Construction Loan Outside Date, then WPHC shall have the right to remove Feld as a Member and Manager of the Company in xxxordance with the provisions of Section 12.12.

  • If for any reason the Initial Closing has not occurred by May 2, 1996, or the Construction Loan Closing has not occurred by the Construction Loan Outside Date, then WPHC shall have the right to remove Feld as a Member and Manager of the Company in accordance with the xxxxisions of Section 12.12.

  • Feld covenants to cause the Xxxtial Closing to occur by May 15, 1995 and the Construction Loan Closing to occur by the Construction Loan Outside Date.

Related to Construction Loan Outside Date

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Second Draw Period is the period commencing on the date occurring on or after the Second Amendment Effective Date in which Borrower satisfies the Second Draw Conditions and ending on the earlier of (a) June 20, 2021, and (b) the occurrence of an Event of Default.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

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

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

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Draw Period is the period of time from the Effective Date through the earlier to occur of (a) June 30, 2012, or (b) an Event of Default.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Draw Date means, with respect to any Insured Distribution Date, the third Business Day immediately preceding such Insured Distribution Date.

  • Credit allowance date means with respect to any qualified equity investment:

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Loan Advance The meaning specified in Section 2.2(a).

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Closing Date Term Loan Commitment means the commitment of each Lender to make Term Loans on the Closing Date hereunder in an aggregate principal amount not to exceed the amount set forth under the heading “Closing Date Term Loan Commitment” opposite its name in Schedule 2.01 hereto. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $1,150,000,000.

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Qualified facility means a permanent facility within this state equipped for the production of motion pictures, television shows, or digital media production that meets all of the following requirements:

  • New Term Loan Facility means the facility providing for the Borrowing of New Term Loans.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.