Paydown Amount has the meaning set forth in Section 2(c).
Paydown Amount shall have the meaning set forth in Section 3.2.
Paydown Amount means an amount not to exceed Twenty Five Million Dollars ($25,000,000.00) paid (or caused to be paid) by Purchaser (or its designee) to Servicer (or its designee) on the Closing Date to be applied against the Assumed Loans.
Examples of Paydown Amount in a sentence
Except to the extent that a Holder of an Allowed First Lien Loan Claim agrees to less favorable treatment, on the Effective Date, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for each Allowed First Lien Loan Claim, each Holder of an Allowed First Lien Loan Claim shall receive such holder’s pro rata share of (i) the First Lien Loan Claims Paydown Amount; and (ii) the Exit Facility.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:TLSB 5177YH (3) 87kh/rj1 Section 1.
In the event that a Holder of a First Lien Revolver Claim declines to receive its pro rata share of the First Lien Revolver Claims Paydown Amount, such Holder’s portion will be re-allocated pro rata among accepting holders of First Lien Revolver Claims.
If Borrower does not have available funds to honor Lender’s Early Paydown Demand upon expiration of the ninety (90) day period, Borrower will honor the redemption request and return Early Paydown Amount as soon as cash becomes available to Borrower.
The school site will submit a copy of the completed probationary contract to the SDUSD Athletics Office for monitoring and accountability purposes.
More Definitions of Paydown Amount
Paydown Amount shall have the meaning provided in Section 2.12(b).
Paydown Amount shall be the excess, if any, of $2.165 billion over the aggregate principal amount of the Company Debt at the Effective Time (calculated as set forth in the definition of Company Debt).
Paydown Amount is defined in Section 2.2(d)(ii).
Paydown Amount means, with respect to any Receivable Interest on any day, an amount equal to the sum of (i) the desired reduction of Capital of such Receivable Interest, plus (ii) the aggregate of accrued and unpaid Yield and Fees as of such date for such Receivable Interest.
Paydown Amount means an amount equal to $40,000,000 to be applied according to the terms of the Credit Agreement.”
Paydown Amount the amount of Two Million Seven Hundred Forty-Four Thousand and no/100 Dollars ($2,744,000.00), being the aggregate prepayment amount required to reduce the LTV Ratio (based on the Approved Appraised Value of the Property as of the date hereof) to equal or less than fifty-five percent (55%). Payment Amount – a Loan Advance, an unreimbursed Agent Advance, any unreimbursed Indemnified Liabilities, or any other amount that a Lender is required to fund under this Agreement. Payments - as defined in Section 15.11. Permitted Additional Debt - as defined in Section 9.6.4. Permitted Title Exceptions - real estate taxes and other governmental assessments to the extent that the same are not yet due and payable and such other matters as are (a) referenced in Exhibit B to the Mortgage or (b) otherwise permitted under the terms of the Loan Documents. Permitted Transactions - as defined in Section 9.6.2. Permitted Transfers - as defined in Section 9.6.3. Person - an individual, sole proprietorship, partnership, limited liability company, corporation, joint stock company, joint venture, association, estate, trust, business trust or unincorporated organization, or a Governmental Authority. Pledge and Security Agreement - as defined in Section 3.1.3. P.M. - a time from and including twelve o'clock noon to and excluding twelve o'clock midnight on any day using eastern time. Prime Rate - a rate per annum equal to the rate of interest announced by Agent from time to time as its “Prime Rate”. Any change in the Prime Rate shall be effective immediately from and after such change in the Prime Rate. The Borrower acknowledges that Agent may make loans to its customers above, at or below the Prime Rate. Prime Rate Loan - any Loan for the period(s) when the rate of interest applicable to such Loan is calculated by reference to the Prime Rate. Prime Rate Margin - as of the closing of the Loan, the Prime Rate Margin shall be three percent (3.0%). Upon and following any prepayment of the Loan, in accordance with the terms and conditions of Section 2.5.3 hereof, in an amount sufficient to reduce the LTV Ratio (based on the Approved Appraised Value of the Property) to not more than fifty-five percent (55%), the Prime Rate Margin shall thereafter be reduced to two and one-half percent (2.5%). Principal Repayment Amount - any regularly scheduled reductions in the outstanding principal of the Loan to be made on any Interest Payment Date. Prohibited Hazardous Substances – as defined in the d...
Paydown Amount. The Escrow Amount less fees payable to the Agents and the Lenders in connection with the First Amendment and any consent pursuant to which the Lenders and the Agents may consent to the Holding Company Reorganization (it being understood that the Lenders have not given such consent as of the date of the First Amendment) and any other costs and expenses incurred by the Borrower in connection with the Credit Agreement and any amendments or consents required in connection with the issuance of the Senior Discount Notes and/or the Holding Company Reorganization; provided that the Paydown Amount shall not be less than $88,500,000. "Senior Discount Note Indenture. The Indenture, to be dated as of March 27, 2001, by and between Emmis Escrow and United States Trust Company of New York, as trustee thereunder, with respect to the Senior Discount Notes, as in effect on March 27, 2001 and as the same may be supplemented, amended or modified from time to time in accordance with the terms hereof (including, without limitation, ss.11.8 to the extent applicable) and thereof."