Applicable Loans definition

Applicable Loans means the Loans outstanding on the Effective Date under the Applicable Commitment.
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Applicable Loans means (a) with respect to the Revolving Facility, the Revolving Loans and (b) with respect to the Term Facility, the Term Loans.
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Applicable Loans is defined in Section 10.08(g) hereof.
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Examples of Applicable Loans in a sentence

  • In connection with an Auction, a Borrower will engage a dealer manager (the “Manager”) and will provide notification to such Manager and the Administrative Agent, for distribution to the Lenders, of the Class or Classes of Applicable Loans that will be the subject of the Auction (an “Auction Notice”, substantially in the form attached hereto as Annex A with such changes therein as such Borrower, the Manager and the Administrative Agent may agree).

  • The foregoing minimum increment amount condition shall not apply if a Lender submits a Reply Amount equal to such Lender’s entire remaining amount of the Applicable Loans.

  • For purposes of the foregoing, different Discount Ranges and Auction Amounts may apply to different Classes of Applicable Loans.

  • The provisions of this Exhibit D shall not limit or restrict the Borrowers from making voluntary prepayments of any Applicable Loans in accordance with the provisions of the Credit Agreement.

  • The Borrower will not have any obligation to purchase any Applicable Loans outside of the applicable Discount Range nor will any Return Bids outside such applicable Discount Range be considered in any calculation of the Applicable Discounted Price or satisfaction of the Auction Amount.

  • To the extent that no Lenders have validly tendered any Applicable Loans of a Class requested in an Auction Notice, the Borrower may amend such Auction Notice for such Applicable Loans at least 24 hours before the then-scheduled expiration time for such Auction.

  • Lenders may not submit a Reply Amount in excess of the aggregate principal amount of Applicable Loans of such Lender.

  • Notwithstanding anything to the contrary contained herein, any Lender may sell, transfer and assign all or any portion of its Term Loan to any Borrower, but only if any such Loans shall be automatically and permanently cancelled immediately upon acquisition thereof by such Borrower; provided that each Term Lender shall have the right to sell, transfer and assign, in its sole discretion, on a pro rata basis, the amount of its Term Loan Percentage in such Applicable Loans.

  • To the extent that the aggregate amount of Loans the Accepting Lenders elected to have prepaid (the "Applicable Loans") exceeds the Asset Sale Offer Amount, the Borrower will prepay the Applicable Loans on a pro rata basis (based on amounts of the Applicable Loans as to which the Asset Sale Offer was accepted).

  • Section 7.2(m) of the Seller Disclosure Schedule sets forth each material contract, arrangement, commitment or understanding, in effect as of the Commitment Date but not related to the Acquired Assets or Applicable Loans, between the Depositor on the one hand, and Seller or any of its Affiliates, on the other hand, including any Private Securitization Basic Documents.


More Definitions of Applicable Loans

Applicable Loans is defined in Section 2.08(a).
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Applicable Loans has the meaning given to such term in Section 7.2(i) of this Agreement.
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Applicable Loans shall have the meaning set forth in Section 9.14(b).
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Applicable Loans. Means, collectively (a) the GACC Loan and (b) other indebtedness now or hereafter entered into by any Applicable Entity which may be (x) unsecured; or (y) secured by (I) a mortgage lien on the Property (collectively, with the GACC Loan, the "Mortgage Loans") and/or (II) the membership interests of one or more Applicable Entities.
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Applicable Loans. Means, collectively (a) the Goldman Loan and (b) other indebtedness now or hereafter entered ixxx xx any Applicable Entity which may be (x) unsecured, or (y) secured by (I) a mortgage lien on the Property (collectively, with the Goldman Loan, the "Mortgage Loans") and/or (II) the membership intxxxxxx of one or more Applicable Entities.
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Applicable Loans means any credit facility (including incremental loan amount as a result of any amendments to existing credit facilities which have the effect of increasing the committed amount under such facility by the LLC or its Subsidiaries) entered into by the LLC or its Subsidiaries after the Effective Date (other than extensions of credit in the ordinary course of business, including trade payables and equipment leases) with respect to which WCP provided negotiation, arranging or structuring services to the LLC or its Subsidiaries. In no event shall “Applicable Loans” include any credit facility entered into by the LLC or its Subsidiaries after the Effective Date with any Affiliate of WCP if such Affiliate of WCP is receiving a closing or similar fee in connection with such facility. For the purposes of this Agreement, “EBITDA” means, for any period, the result of (i) the consolidated net income (or loss) of Holdings and its Subsidiaries for such period, plus (ii) to the extent deducted in any such period in determining such net income or loss (A) all federal, state and local taxes, (B) interest expense, (C) amortization and depreciation expenses, and (D) extraordinary losses, minus (iii) to the extent included in any such period in determining such net income or loss, extraordinary gains, in each case determined in accordance with United States generally accepted accounting principles applied on a basis consistent with the methodologies, practices, estimation techniques, assumptions and principles used in the preparation of the internal financial statements of Holdings and its Subsidiaries. Notwithstanding anything to the contrary contained herein, the LLC’s obligation to pay Deferred Fees shall accrue interest on a daily basis at the rate of 8.5% per annum, compounded daily, until such Deferred Fees are paid in full in accordance with the terms hereof, and all such interest accrued shall constitute fees payable pursuant to this Section 4.
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Related to Applicable Loans

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Eligible Loans has the meaning specified in any of the Purchase Agreements or the Sale Agreement, as applicable.

  • Revolving Loans as defined in Section 2.4(a).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Delinquent Loans means loans where the borrowers have failed to make scheduled mortgage payments under the terms of the mortgage and where the cumulative amount of mortgage payments missed exceeds the scheduled payments due in a three-month period.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Non-Ratable Loans have the meanings specified in Section 1.2(h).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Permitted Loans means:

  • Revolving Loan Notes means with respect to any Borrower the promissory notes of such Borrower in favor of each Lender evidencing the Revolving Loans made to such Borrower and substantially in the form of Exhibit 2.7(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Purchased Loans means, with respect to each Purchase Agreement, the Loans offered for sale and purchased or substituted pursuant to such Purchase Agreement.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).

  • Revolving Advance has the meaning given in Section 2.1.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.