Bilateral Loan definition

Bilateral Loan. As of any date determination, any Loan in respect of which an amount less than the greater of (i) $10,000,000 and (ii) 10% of the original outstanding principal or commitment amount thereof has been syndicated to lenders other than the Borrower and its Affiliates.
Sample 1Sample 2Sample 3

Examples of Bilateral Loan in a sentence

  • The occurrence of any default or breach of any of the terms and provisions of any of the AMCON Loan Documents or FNB Bilateral Loan Documents, if such default or breach continues beyond any period of grace therein provided.

  • If no due date is specified, then each Borrower shall repay the aggregate outstanding principal amount of each Bilateral Loan together with all accrued but unpaid interest thereon and all other amounts owing under this Agreement or the other Loan Documents in full on the Maturity Date.

  • Each Loan together with all accrued but unpaid interest thereon shall be due and payable on such date prior to the Maturity Date as may be mutually agreed between the Borrower and the Lender with respect to such Bilateral Loan; provided each Newmark Loan together with all accrued but unpaid interest thereon shall be due and payable on the earlier of the date on which Xxxxxx demands repayment of such loan in accordance with Section 2.4(b) and the Maturity Date.

  • The proceeds of the Revolving Loans and the Swingline Loans, and the Letters of Credit, shall be used (i) to refinance the Company's Existing Bilateral Loan Agreements and (ii) for general corporate purposes of the Company and its Subsidiaries.

  • Xxxxxx Officer Agency Bilateral Loan Administration Mizuho Bank, Ltd.

  • The Administrative Agent shall have received satisfactory evidence that, upon the application of the proceeds of the Revolving Loans made in connection with such extension of credit, the Company's Existing Bilateral Loan Agreements shall be terminated and all amounts owing thereunder shall be paid in full.

Related to Bilateral Loan

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Revolving Facility means, at any time, the aggregate amount of the Revolving Lenders’ Revolving Commitments at such time.

  • Incremental Revolving Facility Commitment means the commitment of any Lender, established pursuant to Section 2.21, to make Incremental Revolving Loans to the Borrower.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.