Partial Loan definition

Partial Loan has the meaning assigned to such term in Section 2.9. ------------
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Examples of Partial Loan in a sentence

  • Immediately after the termination of the AIA SPV Intercompany Loan Agreement pursuant to Section 2 above, the AIA SPV shall distribute to the UST the Partial Loan Repayment in accordance with Section 5.03 of the AIA SPV LLC Agreement, and the requisite amount of cash currently held by the AIA SPV in accordance with Section 5.02 of the AIA SPV LLC Agreement, to fully pay the AIA SPV Preferred Payment.

  • PROVIDED, that upon the expiration of each of the first Loan Year, the second Loan Year and the third Loan Year the Credit Facility will be reduced by $360,000, such that the Credit Facility will be $4,640,000 during the second Loan Year, $4,280,000 during the third Loan Year and $3,920,000 during the Partial Loan Year.

  • Following any adjustment of each Bank's pro rata share pursuant to the preceding sentence, such Bank's pro rata share shall be readjusted only upon the first to occur of (i) a Defaulting Bank subsequently funding its Commitment Percentage of any such Partial Loan, or (ii) the repayment in full (including all interest thereon) to each Bank of its Commitment Percentage of any such Partial Loan.

  • Borrower will maintain a ratio of (i) Cash Flow Available for Debt Service to (ii) the current portion of long-term debt and interest of at least 1.75 to 1.00 during the first Loan Year, and of at least 2.00 to 1.00 for the second and third Loan Years and for the Partial Loan Year commencing after October 31, 1997.

  • The parties hereto acknowledge that the Partial Loan Repayment will constitute a “Qualifying Event” with respect to the AIA SPV under the AIA SPV LLC Agreement.

  • After the execution of the specific transfer instructions given to the Escrow Agent in Clause 5.1.1 above, the Escrow Agent shall release and transfer the Partial Loan Repayment Amount from the BUTU Escrow Account to the Prepayment Account immediately upon receipt by it of the Purchaser’s Release Instructions executed by the Purchaser in the form and text attached hereto as Schedule 3.

  • The "Partial Loan A Defeasance Amount" shall be equal to the product of the Partial Defeasance Amount multiplied by a fraction, the numerator of which is the then-outstanding Principal Indebtedness of Loan A and the denominator of which is the aggregate then-outstanding Principal Indebtedness of Loan A and Loan B.

  • Loan Assumption Agreement; TIC 2002-14 Indemnity; Assumption of TIC (currently 35) Agreement; UCCs; other documentsrequired by Lender --------------------------------------------------------------------------------------------------------------- Cole Capital Advisors (Centerpointe of Woodridge) Settlement Statement; Transfer Deed; Approved Investor Questionnaire; Note Max permitted Modification; Partial Loan under Rev.

  • The "Partial Loan B Defeasance Amount" shall be equal to the product of the Partial Defeasance Amount multiplied by a fraction, the numerator of which is the then-outstanding Principal Indebtedness of Loan B and the denominator of which is the aggregate then-outstanding Principal Indebtedness of Loan A and Loan B.

  • Ability to Retrieve All or Partial Loan Amount under Certain Circumstances.