Loan Payoff Amounts definition

Loan Payoff Amounts means the aggregate Pay-Off Amount (as defined in the Payoff Letters) set forth under the Payoff Letters.
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Loan Payoff Amounts shall have the meaning set forth in Section 2.3(b).
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Loan Payoff Amounts has the meaning set forth in Section 5.13.
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Examples of Loan Payoff Amounts in a sentence

  • As provided in Sections 4.2 hereof, at the Closing the Buyer shall pay to the Seller the Closing Payment (as defined in Section 4.2) and shall pay to the holders of the Designated Loans ("Holders") the Loan Payoff Amounts, by wire transfer thereof in immediately available funds to the account designated by the Seller and such Holders.

  • Within [†] ([†]) [†] following the Closing, Acquiror shall (i) deliver to Seller the amount equal to [†] U.S. dollars ($[†]) (as the remainder of the Base Purchase Price) minus the Loan Payoff Amounts, and (ii) deliver to the applicable creditors the Loan Payoff Amounts.

  • In addition, at Closing, the Buyer shall pay the principal of the "Shareholder Loan(s)" and "Related-Party Loans(s)" on the Seller's books, which are reflected as items 13 and 14 on Schedule 13.9 hereto (such Loans herein the "Designated Loans"), up to a maximum amount of DM 2,801,000 (such principal repayments, subject to the foregoing cap, herein the "Loan Payoff Amounts").