Loan Structure definition
Loan Structure means the loan arrangement set out in Part 4.
Loan Structure means the loan arrangement set out in clause 16.
Loan Structure. The aggregate Loan shall evidenced by two or more notes secured by one master mortgage. Tranche A, in the amount of $100,500,000 shall have a maturity of 10 years and Tranche B, in the amount of $89,500,000 shall have a maturity of 12 years. Upon payment of Tranche A, the Parks identified as "Pool A Parks" in Exhibit A, and any Parks substituted in place of any of the Pool A Parks, shall be released from the lien of the master mortgage. Nothing contained herein is intended to constitute an allocation of security for purposes of Lender's remedies and Borrower agrees that, until the release of security pursuant to the terms hereof, all of the Property secures both Tranche A and Tranche B.
Examples of Loan Structure in a sentence
Loan Structure: Bell will advance funds to Clearwire as requested, in an amount not to exceed US$10,000,000.
This Addendum is further governed by the terms and conditions of the Commercial Loan Agreement, where applicable and supplements and amends the Loan Structure and Covenants section.
Loan Structure -------------- Advances of loan proceeds may be available on a revolving basis and Borrower may borrow, repay and reborrow so long as the outstanding amount of the loan does not exceed the Commitment Amount.
More Definitions of Loan Structure
Loan Structure. Where appropriate, for sales tax, paperwork, or other considerations, and with Lender's approval, schedules may be documented as loans rather than leases. Invoices paid by Borrower must be submitted to Lender within 60 days of payment date or funded within 60 days of credit approval. Copies of invoices and canceled checks will be adequate proof of purchase. (With Lender's consent, a copy of the check front, followed by the bank statement, when available, may be substituted for copies of canceled checks.) Term, rental factor, end-of-term balloon, collateral provisions, and contingencies will be the same. Borrower will grant Lender a first security interest in the equipment.