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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