Shortfall Loan

Example Definitions of "Shortfall Loan"
Shortfall Loan. A $4,000,000 credit facility to be provided by Provident to be used by Uni-Mart to either (x) fund its own Borrower Collateral Unit Shortfalls, or (y) make capital contributions to Wilkes-Barre for Wilkes-Barre to use to fund its own Borrower Collateral Unit Shortfalls. The Shortfall Loan shall not be secured by (i) any collateral securing the Loans, (ii) Borrower Collateral Unit Excess Proceeds which are required to be deposited into the Cross Escrow Account or paid to LaSalle under this... Agreement, or (iii) any collateral or proceeds covered by the Other Master Property Disposition Agreements (except to the extent otherwise expressly provided therein). View More Arrow
Found in UNI MARTS INC contract
Shortfall Loan. A Means a $4,000,000 credit facility to be provided by Provident to be used by Uni-Mart to either (x) fund its own Borrower Collateral Unit Shortfalls, or (y) make capital contributions to Wilkes-Barre Luzerne for Wilkes-Barre Luzerne to use to fund its own Borrower Collateral Unit Shortfalls. The Shortfall Loan shall not be secured by (i) any collateral securing the Loans, (ii) the Luzerne Cross Escrow Account or Borrower Collateral Unit Excess Proceeds which are required to be deposited into ... class="diff-color-red">the any Cross Escrow Account or paid to LaSalle WAMU under this Agreement, or (iii) any collateral or proceeds covered by the Other LaSalle Master Property Disposition Agreements (except to the extent otherwise expressly provided therein). View More Arrow
Found in UNI MARTS INC contract
Shortfall Loan. A $4,000,000 credit facility to be provided by Provident to be used by Uni-Mart to either (x) fund its own Borrower Collateral Unit Shortfalls, or (y) make capital contributions to Wilkes-Barre for Wilkes-Barre to use to fund its own Borrower Collateral Unit Shortfalls. The Shortfall Loan shall not be secured by (i) any collateral securing the Loans, (ii) Borrower Collateral Unit Excess Proceeds which are required to be deposited into the Cross Escrow Account or paid to LaSalle under this... Agreement, or (iii) any collateral or proceeds covered by the Other Master Property Disposition Agreements (except to the extent otherwise expressly provided therein). View More Arrow
Found in UNI MARTS INC contract
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