Multiple Advance Term Loan definition

Multiple Advance Term Loan means any term loan advanced by the Multiple Advance Term Lenders hereunder prior to the Amendment Agreement No. 1 Effective Date and to be automatically renamed the Term B Loan on the Amendment Agreement No.1 Effective Date and commitments relating thereto shall be terminated. As of the Amendment Agreement No. 1 Effective Date, the outstanding principal amount of all Multiple Advance Term Loans made hereunder equaled $16,968,750.00.
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Multiple Advance Term Loan means one or more advances made by any Multiple Advance Term Lender under the Multiple Advance Term Loan Facility.
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Multiple Advance Term Loan has the meaning specified in Section 2.02A.
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Examples of Multiple Advance Term Loan in a sentence

  • CoBank and the Company are parties to a Multiple Advance Term Loan Supplement dated May 19, 1995 (such agreement, as previously amended, is hereinafter referred to as the "Supplement").

  • Section 10.02(d) is amended by adding after the reference to “Revolving Loan Notices” the following: “, Multiple Advance Term Loan Notices”.

  • The terms of the American Bank Multiple Advance Term Loan Agreement also state that the loan was made “to or at the direction of the Borrower” (Pearlman),25 and the accompanying promissory note states Pearlman was provided $28.5 million as value received.26 Finally, Pearlman‟s agent, Mr. Harrington of North American Capital Markets, provided American Bank the wiring instructions for “Lou‟s .

  • As of the date hereof, the following Supplements are outstanding hereunder and shall be governed by the terms and conditions hereof: (A) the Multiple Advance Term Loan Supplement dated September 28, 2011 and numbered RI0355T01D; and (B) the Revolving Term Loan Supplement dated September 28, 2011 and numbered RI0355T02C.

  • Amendment to Multiple Advance Term Loan Supplement, dated as of February 11, 1997, between CoBank, ACB and the Registrant respecting the extension of the CoBank credit facility (filed on April 18, 1997 as Exhibit 10.14.1 to the Registrant's Registration Statement on Form SB-2 (No. 333-25501) and incorporated herein by reference).

  • Under this option, balances of $100,000.00 or more may be fixed for such Amended and Restated Promissory Note and Multiple Advance Term Loan Supplement ML0976T1A CHUGACH ELECTRIC ASSOCIATION, INC.

  • The purpose of the Commitment is to fund advances by the Company to Heartland Grain Fuels, LP (“Heartland”) under the Multiple Advance Term Loan Supplement between the Company and Heartland dated as of November 7, 2006 and numbered RIA475T03A-HGF.

  • The Company and CoBank are parties to an Amended and Restated Promissory Note and Multiple Advance Term Loan Supplement No. 000976T1A, dated as of December 27, 2002, in the original principal amount of $45,445,116.00 (the “Existing Promissory Note and Supplement”).

  • In addition to the above, it is agreed that, in the event Heartland makes any prepayment under Multiple Advance Term Loan Supplement RIA475T03A-HGF, the Company shall simultaneously make a prepayment hereunder in the same amount, which prepayment shall be subject to any applicable Broken Funding Surcharge under the MLA.

  • Section 2.03 is amended by adding after each reference to “Revolving Loan Notice” (other than the reference in the proviso in the last sentence of Section 2.03(b)) the following: “, a Multiple Advance Term Loan Notice” and by adding after each reference to “Revolving Pro Rata Share” the following: “, Multiple Advance Term Pro Rata Share”.

Related to Multiple Advance Term Loan

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Revolving Advance has the meaning given in Section 2.1.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Tranche B Term Loan as defined in Section 2.1.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Tranche C Term Loan as defined in Section 2.1.

  • Incremental Term Loan Borrowing Date means, with respect to each Incremental Term Loan, each date on which Incremental Term Loans are incurred pursuant to Section 2.01(b), which date shall be the date of the effectiveness of the respective Incremental Term Loan Commitment Agreement pursuant to which such Incremental Term Loans are to be made.

  • Eurocurrency Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Alternative Currency Term Rate Loan means a Loan that bears interest at a rate based on the definition of “Alternative Currency Term Rate.” All Alternative Currency Term Rate Loans must be denominated in an Alternative Currency.

  • Tranche A Advance has the meaning specified in Section 2.01(a).

  • Eligible advance means an advance made before August 19, 1993.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Floating Rate Advance means an Advance which bears interest at the Floating Rate.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.