Unadvanced Amounts definition

Unadvanced Amounts shall have the meaning set forth in Section 2.7.7.

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Examples of Unadvanced Amounts in a sentence

• Any portion of the Unadvanced Amounts that Borrower does not elect to terminate pursuant to this Section 2.7.7 shall be funded into the Future Funding Reserve Account upon the commencement of the Second Extension Period (if any) to be disbursed in accordance with the terms of Section 6.8.

• In the event that there are Unadvanced Amounts that Borrower does not terminate in accordance with Section 2.7.7, Administrative Agent shall fund such Unadvanced Amounts into an Account to be utilized for TI/LC Costs and the cost of Capital Expenditures.

• Any portion of the Unadvanced Amounts that Borrower does not elect to terminate pursuant to this Section 2.7.7 shall be funded into the Future Funding Reserve Account upon the commencement of the Second Extension Period (if any) to be disbursed in accordance with the terms of Section 6.8. of the Senior Loan Agreement (as incorporated herein); provided, however, any Unadvanced Amounts funded into the Future Funding Reserve Account shall be disbursed for Building Loan Costs Only.