NML Loan definition

NML Loan means a certain loan in the original principal amount of $80,000,000 from The Northwestern Mutual Life Insurance Company to the Centene Plaza Subsidiary secured by various collateral, including but not limited to the interest of the Centene Plaza Subsidiary in the Centene Plaza Project.
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NML Loan means (a) a certain loan in the original principal amount of $80,000,000 from The Northwestern Mutual Life Insurance Company to Centene Center LLC secured by various collateral and (b) any Debt incurred by Centene Center LLC to refinance such loan; provided that the principal amount of such Debt does not exceed the amount of such Debt being refinanced.
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NML Loan means (a) a certain loan in the original principal amount of $80,000,000 from The Northwestern Mutual Life Insurance Company to the Centene Plaza Subsidiary secured by various collateral, including but not limited to the interest of the Centene Plaza Subsidiary in the Centene Plaza Project and (b) any Debt incurred by the Centene Plaza Subsidiary to refinance such loan; provided that the principal amount of such Debt does not exceed the amount of such Debt being refinanced.
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Examples of NML Loan in a sentence

  • As of the 510 Closing Date, the 510 NML Loan shall be in full force and effect and no event of default or other default or matter which, with the passage of time or the giving of notice or both, could become any event of default thereunder shall exist, including, without limitation, any matters with respect to the Raytheon Lease and the status of construction and development of the 510 Property.

  • Upon Mutual Acceptance of this Agreement, Seller shall immediately deliver to Buyer copies of the NML Loan documents for review and approval, which approval shall not be unreasonably withheld.

  • Assumption of the NML Loan by Buyer requires the consent of NORTHWESTERN MUTUAL LIFE INSURANCE CO.

  • BPLP shall have executed and delivered the 510 NML Loan Assumption Documents.

  • In connection with the making of the 510 NML Loan, 510 Associates shall, at 510 Associates sole cost and expense, cause the 510 Construction Financing to be repaid in full and all documents evidencing such 510 Construction Financing to be released and, to the extent applicable, otherwise discharged of record.

  • At the 510 Closing, 510 Associates, at its sole cost and expense, shall cause the holder of the 510 NML Loan to execute and deliver 510 NML Loan Assumption Documents in accordance with Section 2.1(d) below.

  • Buyer's obligation to close is conditioned upon approval of Buyer's application to assume the NML Note and the NML Deed of Trust (collectively, the "NML Loan") which has an approximate balance due of ELEVEN MILLION SEVEN HUNDRED THOUSAND AND NO/100 DOLLARS ($11,700,000.00).

  • Buyer shall pay all title insurance fees, loan assumption fees and other fees and costs associated with the assumption by Buyer of the NML Loan.

  • Buyer shall be deemed to have approved all of the terms of the NML Loan documents unless Buyer gives notice of disapproval within ten (10) calendar days after receiving such documents.

  • Notwithstanding the foregoing, the purchase price for the Robe▇▇▇ ▇▇▇erest shall not exceed Three Million One Hundred Sixty-Seven Thousand and No/100 Dollars ($3,167,000.00) and the purchase price for the White Interests shall not exceed Twelve Million Four Hundred Thousand and No/100 Dollars ($12,400,000.00) less fifty percent (50%) of the outstanding principal balance of the NML Loan on the Closing Date.


More Definitions of NML Loan

NML Loan means (a) a certain loan in the original principal amount of $80,000,000 from The Northwestern Mutual Life Insurance Company to Centene Center LLC secured by various collateral and (b) any Debt incurred by Centene
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Related to NML Loan

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • ▇▇▇▇▇▇▇▇ Loan means a Subsidized ▇▇▇▇▇▇▇▇ Loan or an Unsubsidized ▇▇▇▇▇▇▇▇ Loan.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • PPP Loan means, with respect to any Target Company, the loan made to the Target Company by a bank pursuant to that certain promissory note under the U.S. Treasury’s Paycheck Protection Program (pursuant to the CARES Act).

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.