Acquisition Revolving Loan definition

Acquisition Revolving Loan means a loan made by a Lender to the Borrower under its Acquisition Revolving Commitment, which may either be a Base Rate Loan, a LIBOR Index Rate Loan or a Eurodollar Loan.
Acquisition Revolving Loan means any Revolving Loan incurred by Borrowers to finance a Permitted Acquisition.
Acquisition Revolving Loan has the meaning specified in Section 7.11(a).

Examples of Acquisition Revolving Loan in a sentence

  • The purpose of the Affordable Housing Land Acquisition Revolving Loan Program (“LAP”) is to assist eligible organizations in Oregon to purchase land suited for affordable housing development (see OAR chapter 813, division 037).

  • Anything contained in this Agreement to the contrary notwithstanding, prior to the Acquisition Loan Conversion Date, the Acquisition Loans shall in no event exceed the Acquisition Revolving Loan Commitments then in effect.

  • Nevertheless, unless otherwise expressly provided herein, email messages will not serve as a substitute for any requirement imposed on Client to provide Bank with "written" notice.

  • The obligation of each Lender and each Issuing Bank to make any Credit (other than any Term Loan or any Acquisition Revolving Loan prior to the end of the Certain Funds Period) shall be subject to the satisfaction (or waiver pursuant to Section 10.02) of each of the conditions precedent set forth below.

  • We know that Oregon is making more dollars available (LIFT for affordable housing construction and LAP, Land Acquisition Revolving Loan Program) to address the problem and we are hopeful that the federal government will also provide more grants.

  • Division 37 AFFORDABLE HOUSING LAND ACQUISITION REVOLVING LOAN PROGRAM (LAP)813-037-0005Purpose and Objectives OAR Chapter 813, Division 37 is established to enact the Affordable Housing Land Acquisition Revolving Loan Program or Land Acquisition Program (LAP) as authorized in ORS 456.502.

  • No school employee shall be reprimanded or dismissed for acting or failing to act to stop or intervene in an altercation between students if the employee's actions are consistent withlocal board governing body policies.

  • Nayak, to make recommendations regarding the financing of small-scale industries.

  • Set public hearing for July 17, 2007 at 10:00 a.m. to consider proposed transfer of funds from the Rehabilitation Revolving Loan Account to the Housing Acquisition Revolving Loan Account.

  • If the Borrower uses any portion of any Loan to acquire any interest in real property, then the real property interest shall be owned and recorded in the name of the Borrower until the applicable portion of the Acquisition Revolving Loan is paid in full, together with all accrued and unpaid interest thereon and with all Fees with respect thereto.


More Definitions of Acquisition Revolving Loan

Acquisition Revolving Loan shall have the meaning provided in Section 1.01(h).

Related to Acquisition Revolving Loan