Loan Allottee definition

Loan Allottee means a WGFP Allottee that, under Section 6.2, satisfies all or a portion of its Capital C&E Funding Obligation through participation in a WGFP Financing pursuant to Section 8. A WGFP Allottee is a Loan Allottee to the extent that it satisfies its Capital C&E Funding Obligation through participation in WGFP Financing, and then only during the term of such WGFP Financing.
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Loan Allottee means a WGFP Allottee that, under its Allotment Contract, satisfies all or a portion of its Capital C&E Funding Obligation (as defined in the Allotment Contracts) through participation in a WGFP Financing pursuant to its Allotment Contract. A WGFP Allottee is a Loan Allottee to the extent that it satisfies its Capital C&E Funding Obligation through participation in WGFP Financing, and then only during the term of such WGFP Financing.
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Examples of Loan Allottee in a sentence

  • Each Loan Allottee shall be solely responsible and liable for performance of its obligations under its respective WGFP Allotment Contract.

  • For each Loan Allottee in Default under Section 5.4.1, the WGFP Enterprise shall on the first business day after the grace period under Section 5.4.2 runs apply such Loan Allottee’s Liquidity Fund to cover that Loan Participant’s defaulted payment.

  • The obligation of each Loan Allottee to make payments under its respective WGFP Allotment Contract is a several obligation and not a joint obligation with those of the other WGFP Allottees.

  • No Loan Allottee shall be liable under its respective WGFP Allotment Contract for the obligations of any other Loan Allottee except as expressly set forth in Section 5.4 hereof.

  • If and to the extent Loan Allottee transfers all or a part of its WGFP Allotment associated with any WGFP Financing under the terms of Section 5.2, Loan Allottee shall remain liable for its obligations to pay the WGFP Enterprise for the WGFP Financing associated with the transferred WGFP Allotment in the event and to the extent not paid by the transferee acquiring such WGFP Allotment.

  • This applies to any language appearing in or attached to the document as part of the offeror’s response.

  • The WGFP Enterprise shall deposit all amounts paid by Loan Allottee under Section 8.5 into the Revenue Fund and credit such amounts to Loan Allottees’ subaccounts therein.

  • Loan Allottee shall make payments under Section 8.5 of this Contract whether or not WGFP is permitted, undertaken, completed, operable, operated or retired and notwithstanding the suspension, interruption, interference, reduction, or curtailment of operation of WGFP or of water or storage contracted for in whole or in part for any reason whatsoever.

  • Such payments are not subject to any reduction, whether offset or otherwise, and are not conditioned upon performance by the WGFP Enterprise or any other Loan Allottee under this Contract or any other agreement.

  • As a component of the Billing Statement described in Section 4.5, the WGFP Enterprise shall furnish Loan Allottee with a written statement of the estimated WGFP Financing Costs for each succeeding Fiscal Year, if any, taking into account applicable credits received by the WGFP Enterprise and estimated investment earnings on moneys, if any, related to WGFP Financing Obligations and held by the WGFP Enterprise.

Related to Loan Allottee

  • Shareholder Loan means any shareholder loan to the Borrower that:

  • Shareholder Loans means any shareholder loan made to the Issuer as debtor, if such loan:

  • Allottee means a successful Bidder to whom the Equity Shares are Allotted.

  • Member Loan is defined in Section. 3.03(b).

  • Shareholder Debt means any shareholder loan made to the Issuer as debtor, if such loan:

  • Major Shareholders Means a person who has an interest or interests in one or more

  • Subordinate Voting Shares means subordinate voting shares in the capital of the Company.

  • Note A Holders means the Noteholder(s) of A Notes.

  • Major Shareholder means a shareholder who directly or indirectly holds 10% or more of the voting rights.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • Note A-8 Holder means the Initial Note A-8 Holder or any subsequent holder of Note A-8, as applicable.

  • ² Shareholder means a person who owns shares in the company and is actively involved in the management of the company or business and exercises control over the company.

  • Scheme Shareholders means the holders of Scheme Shares;

  • Scheme Shareholder means a person who is registered in the Register as the holder of one or more Scheme Shares as at the Record Date.

  • Founding Members means those public school districts, cities, counties, and other governmental units that are signatories to the Joint Powers Agreement and have a voting member serving on the JPA's Board of Directors.

  • Key Holders means the persons named on Schedule B hereto, each person to whom the rights of a Key Holder are assigned pursuant to Section 3.1, each person who hereafter becomes a signatory to this Agreement pursuant to Section 6.8 or 6.17 and any one of them, as the context may require.

  • Note A-6 Holder means the Initial Note A-6 Holder or any subsequent holder of Note A-6, as applicable.

  • Note A-7 Holder means the Initial Note A-7 Holder or any subsequent holder of Note A-7, as applicable.

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Equity Member means each member of the Respondent team that will contribute equity as part of the financing of the Project.

  • Existing Shareholders has the meaning set forth in the preamble.

  • Consortium Members means the members of the Consortium, formed by the Bidder for purposes of the Transaction in accordance with this RFP and shall include members who have submitted the Format for Consortium Agreement (Annexure 5) specified in the RFP.

  • Junior Member means a registered Member of the Club who is younger than 18 years of age.

  • Defaulting Shareholder has the meaning set out in clause 16.7;