Prior Loans definition

Prior Loans means, collectively, the loans described on Schedule IX.
Prior Loans shall have the meaning assigned thereto in the recitals of this Agreement.
Prior Loans and “New Loans” shall hereunder be collectively referred to as the “Exhibit “A” Loans”).

Examples of Prior Loans in a sentence

  • All obligations, rights and remedies of the Trust or the Master Trustee under the Master Trust Agreement or any Supplemental Trust Agreement as it relates to Prior Loans or agreements related to Prior Loans, including receipt of Revenues after an Event of Default or exercise of remedies, is expressly subject and subordinate to the obligations, rights and remedies of the Trust and the prior bond trustees under the Prior Bond Resolutions, and the Program Trustee under the Program Resolution.

  • The Prior Loans, the Loan, Coincidental Loans and Future Loans shall be collectively referred to as “Borrower Loans”.

  • Status of Prior Loans A student is not eligible to receive federal financial aid if in default on any federal educational loans previously borrowed.

  • Amendments to Financing Agreements, Prior Loans and Prior Local Governmental Obligations.

  • Notwithstanding anything to the contrary in this Section 5.1, the pledge of any Revenues and right, title and interest in Loans and Financial Agreements related to Prior Loans is expressly subject and subordinate to the prior pledge and lien granted by the Trust for the benefit of the Owners of the applicable Prior Bonds under the applicable Prior Bond Resolutions, including without limitation the Owners of applicable Refunding Prior Bonds.


More Definitions of Prior Loans

Prior Loans means the, collectively, the loan or loans made pursuant to the Prior Loan Documents.
Prior Loans means Loans which are held under, and subject to the lien of, the Prior Bond Resolutions or the Program Resolution, which relate to, or secure, Refunded Prior Bonds;
Prior Loans means “Loans” under and as defined in the Pre-Petition Date Credit Agreement.
Prior Loans means the following advances made by Lender and its Affiliates to Borrower and its Affiliates with respect to the acquisition of the following Property Investments prior to the date of this Agreement: PROPERTY INVESTMENT DATE OF ADVANCE AMOUNT OF ADVANCE ------------------- --------------- ----------------- Seattle Portfolio 12/19/2002 $ 9,325,982 Jacksonville Portfolio 4/17/2003 442,115 Jacksonville Portfolio 5/2/2003 250,000 Jacksonville Portfolio 5/12/2003 707,480 Jacksonville Portfolio 5/20/2003 12,445,023 Jacksonville Portfolio 5/28/2003 11,109,448 Portland Portfolio 5/2/2003 450,000 Portland Portfolio 5/28/2003 21,866,617 "LOAN ACCOUNT" means the account on the books of Lender in which will be recorded Loans made by Lender to Borrower pursuant to this Agreement, payments made on such Loans and other appropriate debits and credits as contemplated by this Agreement.
Prior Loans has the meaning set forth in Section 2.1(a).
Prior Loans. Southeast Power Corporation: Loan Number - 9660933120 Notes Original Amount Date Opened Guarantors 4 $6,940,000.00 02/22/2011 The Goldfield Corporation and Pineapple House of Brevard, Inc.Non Revolving 5 $1,500,000.00 04/17/2012 The Goldfield Corporation, Pineapple House of Brevard, Inc. and Bayswater Development CorporationNon Revolving 7 $4,250,000.00 09/17/2012 The Goldfield Corporation, Pineapple House of Brevard, Inc. and Bayswater Development CorporationNon Revolving 10 $5,000,000.00 04/22/2013 The Goldfield Corporation, Pineapple House of Brevard, Inc. and Bayswater Development CorporationNon Revolving 11 $1,500,000.00 04/22/2013 The Goldfield Corporation, Pineapple House of Brevard, Inc. and Bayswater Development CorporationNon Revolving The Goldfield Corporation: Loan Number – 9660933082 Notes Original Amount Date Opened Guarantors 2 $15,000,000.00 12/16/2013.Modification of original loan dated 8/26/05. Southeast Power Corporation, Pineapple House of Brevard, Inc., Bayswater Development Corporation and Power Corporation of AmericaRevolving “New Loans” The Goldfield Corporation: Loan Number – 9660933082 Notes Original Amount Date Opened Guarantors 3 $10,000,000.00 1/31/2014 Southeast Power Corporation, Pineapple House of Brevard, Inc., Bayswater Development Corporation, Power Corporation of America and C and C Power Line, Inc.Non-Revolving 4 $3,500,000.00 1/31/2014 Southeast Power Corporation, Pineapple House of Brevard, Inc., Bayswater Development Corporation, Power Corporation of America and C and C Power Line, Inc.Non-Revolving
Prior Loans as defined in the preamble to this Agreement.