Existing Financing definition

Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

Existing Financing has the meaning set forth in the second recital to the Note Purchase Agreement.

Existing Financing means the financing provided under the Existing Notes and the Existing Super Senior RCF.

Examples of Existing Financing in a sentence

• Without releasing Seller from its obligations under this Agreement, Buyer shall reasonably cooperate with Seller and use commercially reasonable efforts to obtain the executed Golf Course Lease Estoppel, Resort Lease Estoppel, Ground Lease Consent (including, without limitation, Buyer providing disclosure information reasonably requested by the Ground Lessors), Existing Financing Estoppel (if applicable) and assignment and written consent to assignment of Water Agreements.

• Keep the Property insured against fire and other hazards covered by the insurance policies maintained by Seller or Manager on the Effective Date, or policies that are similar in all material respects, and in all cases in compliance with all applicable requirements under the Existing Financing Documents.

• If Buyer elects to pursue the assumption of the Existing Financing Balance and provides notice thereof to Seller in accordance with Section 2.3(c), from and after the receipt of such notice until Closing or earlier termination of this Agreement Seller shall use commercially reasonable efforts to obtain the executed Existing Financing Assumption Documents.

• Prior to any such inspection, Buyer shall deliver to Seller certificates reasonably satisfactory to Seller evidencing that Buyer’s consultants and agents carry and maintain such general liability insurance policies with such companies and in such scope and amounts as are acceptable to Seller in its reasonable discretion, in all cases naming Seller, any Seller-Related Persons and any parties required under the terms of the Existing Financing as additional insureds thereunder.

• If Buyer delivers an Existing Finance Election Notice, then Buyer shall be solely responsible for all fees and other charges of the Existing Lender associated with B▇▇▇▇’s election to assume the Existing Financing Balance and negotiation of the Existing Financing Assumption Documents, irrespective of whether Buyer actually assumes the Existing Financing at Closing or not (the “Buyer’s Assumption Cost Obligation”).

More Definitions of Existing Financing

Existing Financing. Has the meaning specified in the recitals to this Trust Supplement.

Existing Financing means the construction loan of up to approximately $376,000,000, made available to the Project Company pursuant to the Existing Financing Credit Agreement and used to fund a majority of the cost of constructing the Project.

Existing Financing means the facility agreement dated 15 June 2017 between, among others, the Issuer as original borrower and guarantor, the Parent as original guarantor and Nykredit Bank A/S as original lender, arranger, agent and original hedge counterparty concerning a multicurrency term and revolving facilities of up to DKK 575,000,000.

Existing Financing means the Credit Agreement dated as of June 4, 1999 between the Company, State Street Bank and Trust Company and all related security agreements, guaranties and other loan documents, as amended and as in effect on the Issue Date.

Existing Financing means the financing originally provided by Prudential Multifamily Mortgage, Inc. to Landlord (as successor by assignment from the original borrower thereunder), in the aggregate original principal amount of $3,625,000.00 , and secured by one or more liens on Landlord’s interest in the Leased Property.

Existing Financing means the current financing in favor of United States Leasing, International, Inc. encumbering Building I and Building II, as evidenced by the Promissory Note dated September 15, 1993, in the original principal amount of $11,500,000.00, and also secured or evidenced by Deed of Trust, Security Agreement, Assignment of Leases and Rents, Fixture Filing and Financing Statement dated September 15, 1993, and recorded September 16, 1993, at Instrument No. 93-0626122, Office of the Maricopa County Recorder, Arizona, and related documents.

Existing Financing means the existing financing which encumbers the Property, pursuant to that certain Loan Agreement, dated as of February 11, 2008, by and among Seller, PB Capital Corporation, as lender, Norddeutsche Landesbank Girozentrale, New York Branch, as lender, and PB Capital Corporation, as administrative agent.