Third Term Loan definition

Third Term Loan means the $1,300,000 outstanding principal balance term loan made by the Bank pursuant to Article III hereof.

Third Term Loan shall have the meaning given such term in Section 2.5 of this Agreement.

Third Term Loan means any and all advances made by Lender to Borrower under the Third Term Loan Facility.

Examples of Third Term Loan in a sentence

• The Term Principal Debt under, and as defined in, the Restated Credit Agreement, other than as to the Third Term Loan thereunder, shall be repaid in full on the Closing Date with a Revolving Loan hereunder, and all of the other existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date.

• Language restrictions on exams in Pakistan have been dropped (Pakistan Bar Council 2014) and admission through Urdu is possible (Anis [personal commu- nication] 2014).

• SYSTEMS READINESSMost companies are in the process of implementing new lease accounting systems to automate the record-to-report processes for AASB 16 and IFRS 16.

• MonTEC, a non-profit 501 (c)(3) Corporation formed under the Montana Nonprofit Corporation Act, shall own all MonTEC assets, including all buildings constructed or acquired.

• Commencing on October 1, 1997, and on the first day of each calendar month thereafter, Debtor shall pay to Bank sixty (60) equal monthly installments of principal together with all unpaid interest as it shall have accrued on the Third Term Loan amortized over such sixty (60) months, all as more fully provided herein and in the Third Term Loan Note to be executed by Debtor at the signing hereof.

• After maturity of the Third Term Loan (whether by lapse of time, acceleration, or otherwise) accrued interest shall be due and payable upon demand.

• The Borrowers shall repay the outstanding principal of the Third Term Loan in eleven (11) equal, consecutive, monthly installments of $10,972.22 each, on the first day of each month beginning January 1, 1997, and a final installment of all remaining principal on December 1, 1997.

• Others, more cognizant of Kazakhstan’s geopolitical vulnerability, in a growing nuclear neighborhood, and aware of the bargaining value of even under-maintained Soviet/Russian nukes, slated for destruction under START, thought otherwise.

• Borrower's obligation to repay the Third Term Loan is evidenced by its $1,500,000 Term Note dated October 30, 2003 (the "Third Term Note").

• The Bank shall make available to the Borrowers on the Closing Date a term loan,(the "Third Term Loan") in the amount of $131,666.72, for the purpose of replacing the existing note under the Existing Loan Documents dated November 16, 1994.

More Definitions of Third Term Loan

Third Term Loan has the meaning specified therefor in Section 2.1(c).

Third Term Loan has the meaning set forth in Section 2.4B.1. hereof.

Third Term Loan has the meaning assigned to it in Section 1.1(b)(vi).

Third Term Loan is a loan made by Bank pursuant to the terms of Section 2.1.7 hereof.

Third Term Loan the meaning specified in Section 2.01(a).

Third Term Loan means the multiple advance Loan in the amount of $25,000,000 made under the Term Loan by Lender to Borrower on or after the effective date of the Fourteenth Amendment to this Agreement to finance further costs and expenses of the Subject Expansion.