SunTrust Loan definition

SunTrust Loan means those certain credit and term loan facilities made available to the Borrower by SunTrust Bank, pursuant to that certain Amended and Restated Revolving and Term Loan Agreement, dated as of January 9, 2012, as the same may be amended, modified, supplemented, replaced, restated, or refinanced from time to time, not in contravention of the provisions hereof.
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SunTrust Loan means the term loan and the line of credit loan extended to Borrower by SunTrust in connection with the Merger Transaction.
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Examples of SunTrust Loan in a sentence

  • Other than the fees paid in connection with the Revolver Amendment (as defined below) as previously disclosed by the Company to the Noteholders prior to the First Amendment Effective Date, no fee or other consideration was or will be paid to the administrative agent or any of the lenders party to the SunTrust Agreement, the SunTrust Loan Facility Agreement or the RIMCO Agreement in connection with the Bank Amendments (as defined below).

  • Notwithstanding anything contained herein to the contrary, for purposes of calculating Consolidated Total Debt as of any date, the obligations, liabilities and indebtedness of the Company under the SunTrust Loan Facility Agreement shall be limited to fifty percent (50%) of the aggregate outstanding principal amount of the Loans (as such term is defined in the SunTrust Loan Facility Agreement) on such date.

  • Represents the portion of the SunTrust Loan which is not being refinanced with proceeds of the Series 2017 Bonds and thus remains outstanding after the refunding.

  • Motion to approve payoff of SunTrust Loan # 06300 (Honeywell HVAC).Mr. Loos made the motion; Ms. Stern seconded the motion.

  • Note (a).On 1 August 2017 both the SunTrust Loan and the Torchlight Loan matured, at which time the Torchlight Loan lender paid the remaining balance on the SunTrust Loan via a protective advance under the terms of the Torchlight Loan.

  • Commissioner Jeeves made a motion for staff to see about refinancing our SunTrust Loan at a lower interest rate at Capital City Bank for 7 years.

  • For so long as the Amended and Restated Master Notes securing the Series 2009 Bonds, the Series 2014 Bonds and the SunTrust Loan are outstanding, the College shall comply with the additional covenants and conditions set forth in Supplement No. 13.

  • Consider renewal of the SunTrust Loan for Cherokee County Development Authority land held for economic development at the rate of 3.93% and the related budget amendment.

  • The Issuers shall have delivered to each Purchaser a fully executed copy of the SunTrust Loan Facility Agreement and all documents, instruments and agreements executed and/or delivered in connection therewith, each in form and substance reasonably satisfactory to such Purchaser.

  • Board directed staff to see if we refinanced would we have to pay a pre-payment penalty on our SunTrust Loan and what that amount would be.

Related to SunTrust Loan

  • Trust Loan means the portion of the Mortgage Loan evidenced by the Lead Securitization Notes.

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • Note A-1 Master Servicer means the master servicer under the Note A-1 PSA.

  • Note A-3 Master Servicer means the master servicer under the Note A-3 PSA.

  • Note A-2 Special Servicer means the special servicer under the Note A-2 PSA.

  • student loan means a loan towards a student's maintenance pursuant to any regulations made under section 22 of the Teaching and Higher Education Act 1998, section 73 of the Education (Scotland) Act 1980 or Article 3 of the Education (Student Support) (Northern Ireland) Order 1998 and includes, in Scotland, a young student's bursary paid under regulation 4(1)(c) of the Students’ Allowances (Scotland) Regulations 2007.

  • Eligible Lender Trustee shall also mean each successor Eligible Lender Trustee as of the qualification of such successor as Eligible Lender Trustee under the Trust Agreement.

  • Note A-3 Special Servicer means the special servicer under the Note A-3 PSA.

  • Note A-1 Special Servicer means the special servicer under the Note A-1 PSA.

  • Non-Lead Certificate Administrator means the “certificate administrator” under any Non-Lead Securitization Servicing Agreement.

  • Loan File With respect to each Loan, a file containing (a) each of the documents and items as set forth on the Loan Checklist with respect to such Loan and (b) duly executed originals and copies of any other relevant records relating to such Loans and the Underlying Assets pertaining thereto.

  • Backup Servicing Fee means, as to each Distribution Date, $4,000; provided, however, that if the Backup Servicer becomes the successor Servicer, such fee shall no longer be paid.

  • Wet Loan means a wet-funded first or second lien Mortgage Loan which is underwritten in accordance with the Underwriting Guidelines and does not contain all the required Mortgage Loan Documents in the Mortgage File.

  • Backup Servicer Fee means, for any Collection Period, the greater of (i) the product of one-twelfth of 0.0075% and the Pool Balance as of the first day of the preceding Collection Period (or in the case of the initial Collection Period, as of the Cutoff Date) and (ii) $2,500.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Loan Files means the documents specified in Section 2.1 of the Sale Agreement.

  • Special Servicing Fee shall have the meaning given to such term in the Servicing Agreement.

  • Trust Student Loan means any student loan that is listed on the Schedule of Trust Student Loans on the Closing Date, plus any Additional Loan, plus any Substituted Loan that is permissibly substituted for a Trust Student Loan by the Depositor pursuant to Section 6(B) of the Sale Agreement or pursuant to Section 6(B) of an Additional Sale Agreement, or by the Servicer pursuant to Section 3.5 of the Servicing Agreement, but shall not include any Purchased Loan following receipt by or on behalf of the Trust of the Purchase Amount with respect thereto or any Liquidated Student Loan following receipt by or on behalf of the Trust of Liquidation Proceeds with respect thereto or following such Liquidated Student Loan having otherwise been written off by the Servicer.

  • Certificate Administrator means the certificate administrator appointed as provided in the Lead Securitization Servicing Agreement.

  • Non-Lead Master Servicer means the applicable “master servicer” under any Non-Lead Securitization Servicing Agreement.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.