CCRC Loan definition

CCRC Loan has the meaning set forth in Section 1.1(l)(ix).
Sample 1

Examples of CCRC Loan in a sentence

  • In lieu of giving the Bond Trustee (or the holders of the NJEDA Loan, CCRC Loan or State Loan) relief from the automatic stay, the Debtor wishes to provide adequate protection of the liens and security interests of the Bond Trustee and any liens and security interests associated with the NJEDA Loan, CCRC5 The Debtor has reserved all rights to challenge the liens and all defenses, set off rights and counterclaims it may have with respect to the NJEDA Loan, CCRC Loan and State Loan.

  • No rights are created hereunder for the benefit of any third party, any creditor, or any direct, indirect or incidental beneficiary other than the Bond Trustee or, as set forth herein, holders of the NJEDA Loan, CCRC Loan and State Loan.

  • We derive this ratio by taking Total Inventory and divided it into Total Sales It is a gauge of a company’s inventory management.

  • The adequate protection for the holders of the NJEDA Loan, CCRC Loan and State Loan set forth in this Interim Order shall be in addition to all other rights of each holder of the NJEDA Loan, CCRC Loan or State Loan.

  • Pursuant to the Bankruptcy Code, the Debtor is required to provide adequate protection to the Bond Trustee and the holders of the NJEDA Loan, CCRC Loan or State Loan to the extent of any liens they may have in respect of the Debtor’s use of Cash Collateral and the DIP Facility.

  • Borrower shall make annual deposits to the Replacement Reserve Account and replenish the Replacement Reserve Account in the amounts required in the Partnership Agreement and/or the documents evidencing the CCRC Loan, whichever is greater.

Related to CCRC Loan

  • PPP Loan means the loan in principal amount of $673,184 issued to the Company by the PPP Lender pursuant to the promissory note dated April 20, 2020.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

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

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • CD Loan means a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • 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.

  • DIP Loan Any Loan (i) with respect to which the related Obligor is a debtor-in-possession as defined under the Bankruptcy Code, (ii) which has the priority allowed pursuant to Section 364 of the Bankruptcy Code and (iii) the terms of which have been approved by a court of competent jurisdiction (the enforceability of which is not subject to any pending contested matter or proceeding).

  • Term Loan has the meaning specified in Section 2.01(b).

  • LPMI Loan A Mortgage Loan with a LPMI Policy.

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Co-op Loan A Mortgage Loan secured by the pledge of stock allocated to a dwelling unit in a residential cooperative housing corporation and a collateral assignment of the related Co-op Lease.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

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

  • Term SOFR Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • Term Advance has the meaning specified in Section 2.01(a).

  • Loan Advance The meaning specified in Section 2.2(a).

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Jumbo Loan means a Mortgage Loan (other than a Conforming Loan) that (1) is underwritten by an Approved Investor (other than Xxxxxx Xxx, Xxxxxxx Mac or Xxxxxx Mae), (2) matches all applicable requirements for purchase under the requirements of a Take-Out Commitment issued for the purchase of such Mortgage Loan, (3) differs from a Conforming Loan solely because the principal amount of such Mortgage Loan exceeds the limit set for Conforming Loans by Xxxxxx Xxx or Xxxxxxx Mac from time to time, and (4) is a First Lien Mortgage Loan.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.