Extra Funds definition

Extra Funds has the meaning set forth in Section 2.11(f).
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Extra Funds has the meaning set forth in Section 2.12(f)(vi). ----------- ------- -----------
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Extra Funds. Final Locked Rate"; "Guaranty"; "Initial Interest Rate"; "Initial Securitization Expense Amount"; "NACC"; "Optional Prepayment Date"; "Preferred Cash Collateral Account"; "Preferred Cash Collateral Bank"; "Preferred Cash Management Agreement"; "Preferred Equity Holder"; "Recalculated Loan Amount"; "Request For Advance"; "Required Base Debt Service Payment"; "Revised Interest Rate"; "Securitization Expense Sub-Account"; "Stabilization Date"; "Stabilization Date Loan Amount"; "Stabilization Date Payment Date"; "Stabilization Interest Rate"; "Stabilization Optimum Debt Service Coverage Ratio"; "Ten Year Treasury Rate"; "Treasury Rate"; "Unpaid Excess Loan Amount"; "U.S. Obligations"; "Warrant"; and "Yield Maintenance Premium". All references in the Existing Loan Agreement to the aforementioned defined terms are hereby deleted.
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Examples of Extra Funds in a sentence

  • Lender shall approve or disapprove such request within ten (10) Business Days after Lender's receipt of such request and, if approved, Lender shall release the Extra Funds to Borrower or its designee within ten (10) Business Days after Lender's approval.

  • If such request is approved or deemed approved, Lender shall release the Extra Funds to Borrower or its designee within ten (10) Business Days after Lender's approval or deemed approval.

  • Mezzanine Lender agrees that it will not withhold its approval of a disbursement of Extra Funds to pay Operating Expenses if it determines, in its sole discretion, that such disbursement is reasonable.

  • Following the occurrence and during the continuance of an Event of Default, Borrower shall not permit any Mortgage Borrower to make a request to receive any "Extra Funds" (as defined in the Mortgage Loan Agreement) pursuant to the terms of the Mortgage Loan Agreement.


More Definitions of Extra Funds

Extra Funds has the meaning set forth in Section 2.12. "Facility" means the Land subject to the Mortgage and all related Appurtenant Rights, Improvements, Equipment and Inventory.
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Extra Funds has the meaning set forth in SECTION 2.9.
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Related to Extra Funds

  • Fresh Funds means funds that:

  • Program Funds means all funds that are required to be deposited into the Non-profit School Food Service Account.

  • Unspent Funds means the amount reported as unspent by the Recipient as of December 31, 2023 in the Recipient’s 2023 Annual Report (as defined under the Prior Agreement).

  • Subsidy Funds With respect to any Subsidy Loans, funds contributed by the employer of a Mortgagor in order to reduce the payments required from the Mortgagor for a specified period in specified amounts.

  • Contract Funds means the funds that have been appropriated, designated, encumbered, or otherwise made available for payment by the State under this Contract.