Affiliate Loans definition

Affiliate Loans means, collectively, those certain loans Lender made to the Affiliate Entities of even date herewith, which Affiliate Loans, together with the Loan, are in the original aggregate principal amount of $49,725,000.00.

Affiliate Loans means loans made to Affiliated Persons by the Company.

Affiliate Loans to read in its entirety as follows:

Examples of Affiliate Loans in a sentence

• The Affiliate Loans will be subordinate to the Loan; the loan documents for the Affiliate Loans will be subject to the reasonable review and approval of the FCRHA.

• The Affiliates will market and sell Affiliate Real Estate to the extent necessary to satisfy (i) the Truist Loans as provided in the Plan and the Plan Support Agreement, and (ii) the Affiliate Loans consistent with the terms thereof.

• The Loan will, following the Subordinate Refinancing, be subordinate only to the CDFI loan(s) and not to the Affiliate Loans (anticipated to be in third priority, behind the CDFI loan and the Loan) or any other loans.

• Prior years’ loans to the operating account (from the partners or a Minnesota Housing approved source) are to be reported on Line 110, Prior Years Affiliate Loans & Notes (Short Term).

• If, in the example provided in the immediately preceding sentence, there were $2 million of Affiliate Loans outstanding, the Fair Market Value of all outstanding Ordinary JV Interests would have equaled $18 million rather than $20 million (i.e. the value would equal the value of the Glad Local Business based on the relevant purchase price paid minus the outstanding amount of Affiliate Loans).

More Definitions of Affiliate Loans

Affiliate Loans with respect to any International Licensee shall have the meaning set forth in the JV Sublicense Agreement to which such International Licensee is a party.

Affiliate Loans means the loans to the Company or any Subsidiary made by any Affiliate, the principal amounts and interest owing on which are set out in columns 2, 3, 6 and 7 of part B of schedule 1 and the movements on which in the two years prior to the date of this agreement are set out in schedule 8;

Affiliate Loans means funds provided by Clorox or its Affiliates as loans attributed to the Glad Local Business pursuant to Section 9.3 hereof.

Affiliate Loans means, collectively, those certain loans Lender made to the Affiliate Entities of even date herewith (except the Atlanta Loan, which was made on November 1, 2010), which Affiliate Loans, together with the Loan, are in the original aggregate principal amount of $49,750,000.00.

Affiliate Loans means the Indebtedness represented by the following promissory notes: (a) the Secured Promissory Note, dated June 1, 2015, made by GPM WOC Holdco, LLC in favor of XXXX Holdings, Ltd., in the original principal amount of $10,000,000.00, as amended, (b) the Secured Promissory Note, dated June 1, 2015, made by GPM WOC Holdco, LLC in favor of GPM Member, LLC, successor in interest to GPM Holdings, Inc., in the original principal amount of $10,000,000.00, as amended, (c) the Secured Promissory Note, dated November 10, 2016, made by the Borrower in favor of XXXX Holdings, Ltd., in the original principal amount not to exceed 144,065,042 New Israel Shekels, (d) the Secured Promissory Note, dated March 30, 2017, made by the Borrower in favor of XXXX Holdings, Ltd., in the original principal amount not to exceed 108,750,000 New Israel Shekels, (e) the Secured Promissory Note, dated March 29, 2018, made by GPM Southeast, LLC in favor of XXXX Holdings, Ltd., in the original principal amount not to exceed 197,500,000 New Israel Shekels and (f) the Secured Promissory Note, dated June 19, 2018, made by GPM RE, LLC in favor of XXXX Holdings, Ltd., in the original principal amount not to exceed 51,085,000 New Israel Shekels.

Affiliate Loans means (i) a loan from WL Ross (or one or more of its Affiliates) to the Company in the principal amount of $33,333,333 on the terms and conditions set forth in the applicable Promissory Note and (ii) loans from Affiliates of Franklin to the Company in the aggregate principal amount of

Affiliate Loans means the loans made to GPMI by XXXX Holdings Ltd. with a principal balance outstanding of $18,042,750 and GPM Holdings, Inc. with a principal balance outstanding of $6,014,250, which loans were assumed by GPM on or about the date hereof.