Loan C definition

Loan C means the advance of credit by Horizon to Borrower under this Agreement in the Loan C Commitment Amount.

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Loan C means the term loan facility made available under this Agreement and described in Section 2.01(a) below.

Loan C means the advance of credit by Lender to Borrower under this Agreement in the Loan C Commitment Amount. “Loan C Commitment Amount” has the meaning set forth on the cover page of this Agreement.

Examples of Loan C in a sentence

Co-Borrowers shall pay to Lender a payment in the amount of $250,000 (the “Loan C Final Payment”) upon the earlier of (A) payment in full of the principal balance of Loan C, (B) an Event of Default and demand by Lender of payment in full of Loan C or (C) the Maturity Date applicable to Loan C, as applicable.
Subject to the terms and conditions of this Agreement, and relying upon the representations and warranties herein set forth as and when made or deemed to be made, ▇▇▇▇▇▇ agrees to lend to Co-Borrowers (i) prior to the Loan A Commitment Termination Date, Loan A, (ii) prior to the Loan B Commitment Termination Date, Loan B, (iii) prior to the Loan C Commitment Termination Date, Loan C, (iv) prior to the Loan D Commitment Termination Date, Loan D.
Each Co-Borrower shall have duly executed and delivered a Note in the amount of Loan A to Lender, a Note in the amount of Loan B to Lender, a Note in the amount of Loan C to Lender and a Note in the amount of Loan D to Lender.

More Definitions of Loan C

Loan C means the five Advances referred to in Clause 2.1(iii) or (as the context requires) the principal amount thereof for the time being advanced and outstanding under this Agreement;

Loan C means each advance of credit to Borrower this Agreement pursuant to Section 2.1(a)(iii) hereof.

Loan C means the revolving loan facility extended by Lender to TLX in the original principal amount of $4,000,000, evidenced by Note C.

Loan C means the Loan made to the Borrower under the lending commitment created under Section 2.4(a).

Loan C set forth in Annex "A" to the Credit Agreement is deleted and the following is substituted therefor:

Loan C means the new Mortgage Loan made on the date hereof and listed on Schedule 1.1-B hereof under the caption "Loan C", as evidenced by the New Mortgage Note therefor.

Loan C means the term loan made by Lender to Borrower pursuant to Article IV.