Examples of Remaining Loan in a sentence
In connection with the uncrossing of any such Affected Property as provided for in this Section 11.9 (an “Uncrossing Event”), the Remaining Loan shall be reduced by an amount equal to amount of the Uncrossed Loan and the Uncrossed Loan shall be in an amount equal to the Allocated Loan Amount applicable to the Affected Property.
In connection with the uncrossing of any such Affected Property as provided for in this Section 11.8 (an “Uncrossing Event”), the Remaining Loan shall be reduced by an amount equal to amount of the Uncrossed Loan and the Uncrossed Loan shall be in an amount equal to the Allocated Loan Amount applicable to the Affected Property.
Section 2.l(b) is hereby deleted in its entirety and replaced with the following: Remaining Loan s.
As consideration for the issuance of the Warrant Exercise Shares and in satisfaction of Windsor's obligation to pay the Aggregate Exercise Price, the amount of the Borrowings has been reduced by the Aggregate Exercise Price, with the result that the amount of the Borrowings outstanding following exercise of the Warrant was and continues to be $2,388,570 (the "Remaining Loan").
Remaining Loan Term (mos) Calculation Computation in which the Seasoning was subtracted from the Original Loan Term (mos).
Windsor hereby assigns to Investors all of its rights, title and interest in and to, and hereby relinquishes to Investors any and all rights it may have in, to and under, the Loan Agreement and the Warrant Exercise Shares, including, without limitation its right to receive any and all payments in respect of the repayment of the Remaining Loan.
The proviso clause of the preceding sentence shall not apply with respect to any Advance made on or after the Original Maturity Date (after giving effect to any extensions under Section 3.19(b) hereof) if, as of the Original Maturity Date, the ratio (expressed as a percentage) of the Remaining Loan Amount to the Appraised Value of the FC Units is more than 70%.
The remaining $25,000 of the Amendment Fee will be capitalized into the principal balance of the Remaining Loan and shall be due and payable as set forth in Section 3(a) above.
Loan Purposes for the Group 1 Mortgage Loans in the Mortgage Pool Percent of Aggregate Average Weighted Weighted Number of Aggregate Principal Current Average Average Mortgage Principal Balance Balance Principal Mortgage Remaining Loan Purpose Loans Outstanding Outstanding Balance Rate Term (months) ------------------------------ ----------- ------------------- --------------- ------------- ----------- ------------- Refinance - Cash Out..........
Save for those obligations to which the Purchaser is subject in this Schedule 2, the Sellers shall take all such steps and execute and issue to the Remaining Shareholders and Ex-Employee Loan Note Holders all such documents as may be required in order to fully and effectively implement the terms of this Schedule 2 and to complete the sale and purchase of the Remaining Shares and the Remaining Loan Notes and the redemption of the Ex-Employee Loan Notes pursuant to this Schedule 2.