PW Loan definition
PW Loan means that certain borrowing of at least $64,700,000 by OPCO from PW, to occur concurrently herewith.
PW Loan means that certain borrowing of at least $64,700,000 by OPCO from PW Real Estate Investments, Inc. ("PWREI")
Examples of PW Loan in a sentence
The Borrower shall use the proceeds of the Note solely to make a capital contribution, directly or indirectly to OPCO, which contribution, together with capital of the Borrower, will be used by OPCO, together with the proceeds of the PW Loan, to redeem 1,000 units of beneficial interest in OPCO owned by BAI.
PW shall have contributed at least $7,000,000 to the equity of ETI and the "Majority Lenders" (as defined in the PW Loan Agreement) and the required holders of the PW Subordinated Notes shall have consented to such equity contribution.