CFC Loan definition

CFC Loan means each loan made by CFC to a CFC Borrower, or a CFC Acquired Loan, and any renewal or extension thereof.
Sample 1Sample 2Sample 3
CFC Loan means each loan made by Collateral Finance Corporation to a CFC Borrower, or a CFC Acquired Loan, and any renewal or extension
Sample 1

Examples of CFC Loan in a sentence

  • The Borrower Debtors’ obligations under the CFC Loan Agreement were secured under that certain Security Agreement dated as of December 23, 2014 (as amended from time to time prior to the Petition Date, the “CFC Borrower Security Agreement”).

  • The CFC Credit Documents provide for a loan in the aggregate principal amount of $28,700,000 (which includes an initial loan in the amount of$25,000,000 (the “Initial CFC Loan”), plus an additional loan agreed to through an October 18, 2016 amendment to the CFC Loan Agreement in the aggregate principal amount of $3,700,000 (the “Additional CFC Loan”)).

  • Since the Loan Agreement had not been finalized and signed between the CFC and the Angola Government, funds from the CFC Loan component of the project have not been available.

  • Director Sibold motioned to re-adopt 2020-04 CFC Loan Resolution, adding Director Felicelli as an authorized signer.

  • Based on the historical averages and assumptions for future years, the forecast indicates that the Company will be able to meet its financial obligations and will remain in compliance with the covenants established in the CFC Loan Agreement.

  • I have requested access to documents relating to the creation of Lightspeed and the assumption of the CFC Loan, but Lightspeed has steadily refused to provide this information.

  • At the deliberation for children’s groups, participants decided that while certain issues could be ranked, this was only possible when context was taken into account.

  • The Initial CFC Loan bore interest at the rate of one-month LIBOR plus 3.50% (payable quarterly) and is subject to full amortization over a ten year period beginning July 1, 2015, while the Additional CFC Loan bore interest at the rate of one-month 6 The amounts due under the 2018 Fee Note would be waived if, at certain points, all outstanding obligations owed to Wells Fargo had been satisfied or cash collateralized, and the Debtors were not subject to insolvency proceedings.

  • The CFC Credit Documents provide for a loan in the aggregate principal amount of $28,700,000 (which includes an initial loan in the amount of $25,000,000 (the “Initial CFC Loan”), plus an additional loan agreed to through anOctober 18, 2016 amendment to the CFC Loan Agreement in the aggregate principal amount of $3,700,000 (the “Additional CFC Loan”)).

  • The Initial CFC Loan bears interest at the rate of one-month LIBOR plus 3.50% (payable quarterly) and is subject to full amortization over a ten year period beginning July 1, 2015, while the Additional CFC Loan bears interest at the rate of one-month LIBOR plus 3.75% (payable quarterly) and is subject to full amortization over a ten year period beginning January 1, 2017.

Related to CFC Loan

  • 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.

  • PPP Loan means any covered loan obtained under 15 U.S.C. 636(a)(36) (as added to the Small Business Act by Section 1102 of the CARES Act).

  • 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).

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

  • Collateral Loan means a loan, debt obligation, debt security or participation therein acquired by the Borrower.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • 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”.

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

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

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Term Loan as defined in Section 2.1.