Prior Loan definition

Prior Loan has the meaning set forth in Section 4.17(c).
Prior Loan means, collectively, (i) that certain loan in the original principal amount of $400,000,000 from German American Capital Corporation to Borrower and (ii) that certain loan in the original principal amount of $300,000,000 from German American Capital Corporation to Borrower.

Examples of Prior Loan in a sentence

  • The Loan shall be made for the sole purpose of exchanging the Prior Loan for the Loan.

  • For the avoidance of doubt, upon satisfaction of the conditions set forth in Section 2.02 hereof on the Closing Date, the Prior Loan shall be fully satisfied pursuant to the terms of the Prior Agreement and the Prior Loan Agreement and the Prior Note shall each be terminated and cancelled pursuant to the terms hereof and thereof.

  • The Borrower and the Lender agree that the exchange of the Prior Loan for the Loan shall be an non-cash exchange in-kind.


More Definitions of Prior Loan

Prior Loan means any and all Indebtedness owing from Borrower to Prior Lender.
Prior Loan means (a) with respect to each Borrower as of the Closing Date, the indebtedness pursuant to and evidenced by (i) that certain Promissory Note and that certain Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture Filing, dated as of September 14, 2021, between Pkg 10-Springtown 70, LLC and BRG Pkg 10 Lender, LLC, (ii) that certain Promissory Note and that certain Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture Filing, dated as of September 21, 2021, between Pkg 10-Texarkana 29, LLC and BRG Pkg 10 Lender, LLC, (iii) that certain Promissory Note and that certain Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture Filing, dated as of September 29, 2021, between Pkg 10-Granbury, LLC and BRG Pkg 10 Lender, LLC, (iv) that certain Promissory Note and that certain Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture Filing, dated as of October 5, 2021, between Pkg 10-Xxxxxxx 22, LLC and BRG Pkg 10 Lender, LLC, (v) that certain Promissory Note and that certain Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture Filing, dated as of November 15, 2021, between Pkg 10-Lynnwood 20, LLC and BRG Pkg 10 Lender, LLC, (vi) that certain Promissory Note and that certain Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture Filing, dated as of December 6, 2021, between Pkg 10-Lubbock 45, LLC and BRG Pkg 10 Lender, LLC, (vii) that certain Promissory Note and that certain Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture Filing, dated as of March 11, 2022, between Pkg 10 Pledgor II, LLC and BRG Pkg 10 Lender, LLC, (viii) that certain Promissory Note and that certain Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture Filing, dated as of September 23, 2021, between Pkg 10-Lubbock 1.0, LLC and BRG Pkg 10 Lender, LLC, (ix) that certain Promissory Note and that certain Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture Filing, dated as of October 28, 2021, between Pkg 10-Lubbock 2.0, LLC and BRG Pkg 10 Lender, LLC, (x) that certain Promissory Note and that certain Deed of Trust, Assignment of Leases and Rents, Security Agreement, and Fixture Filing, dated as of October 26, 2021, between Pkg 10-Springtown 14, LLC and BRG Pkg 10 Lender, LLC, (xi) those certain Promissory Notes and those certain Deeds of Trust, Assignment of Leases and Rents, Se...
Prior Loan means any loan provided for therein;
Prior Loan and "Prior Loans" shall mean and refer to each loan to the Corporation by, and all indebtedness of the Corporation to, anyone or more of the Prior Lenders that is or was incurred by the Corporation on or before the first date on which shares of Series A Preferred are issued and outstanding, along with all interest thereon and other amounts due or payable by the Corporation with respect thereto.
Prior Loan means that certain indebtedness in an original principal amount advanced equal to approximately $179,000,000 with respect to senior mortgage loan from certain institutional investors to Borrower dated as of December 21, 2000 and $2,321,000 with respect to a junior loan from Marriott International Capital Corporation to Borrower dated December 21, 2000 together with all other indebtedness, obligations and liabilities under the documents evidencing and/or securing the Prior Loan.
Prior Loan means any loan made to the City by the DNRC evidenced by an Outstanding SRF Bond to provide funds to pay all or a portion of the costs of a Prior SRF Project under the Program.