CFC Loan definition

CFC Loan means each loan made by Collateral Finance Corporation to a CFC Borrower, or a CFC Acquired Loan, and any renewal or extension thereof.
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CFC Loan means each loan made by CFC to a CFC Borrower, or a CFC Acquired Loan, and any renewal or extension thereof.
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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”)).

  • 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.

  • A- MARK PRECIOUS METALS, INC., as Borrower By: Name: Title: Dated CIBC Bank USA 0000 Xxxxxxx Xx., Xxxxx 000 Denver, CO 80202 Re: CFC Loan and CFC Assignment No. __________ Gentlemen: The undersigned, A-Mark Precious Metals, Inc.

  • All of the deposit accounts, investment accounts or other accounts in the name of or used by Mackie or any Guarantor maintained at any bank or other financial institution are set forth on Schedule 5.10 to the Information Certificate, subject to the right of Mackie and the Guarantors to establish new accounts in accordance with the CFC Loan Agreement.

  • None of the obligations of (i) the Buyer SPE Affiliates under the CF Capital Loan Documents, (ii) FOCIL-BP, LLC, a Delaware limited liability company (“FOCIL-BP”), under the CFC Loan Documents, or (iii) Buyer or the Buyer SPE Affiliates under the various assignments of the Continuing Contracts that are being made concurrently herewith, shall in any way waive or otherwise limit the obligations of Sellers under this Agreement.

  • Pursuant to the CFC Loan Agreement CFC has made or shall make loans to the CFC Borrower in a principal amount not to exceed $_______________ at any.

  • CFC hereby acknowledges that in order to enable it to make the CFC Loan, A-Xxxx Precious Metals, Inc.

  • I have also examined the following documents as executed and delivered: (1) the CFC Loan Agreement, (2) the Secured Promissory Note ("CFC Note") , dated ___________________ 19____, in the principal amount of $___________, payable to the order of CFC, and (3) the __________________ Mortgage and Security Agreement ("Mortgage"), dated as of ____________________________, made by and between the Borrower and CFC.

  • CFC Loan RepricingThe TEC Board of Directors voted to reprice one of the CFC Loans at a significantly reduced interest rate of 2.5%.

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 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.

  • 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.

  • 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.

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

  • 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;

  • 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”.

  • Canadian Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime Rate.

  • 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.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. 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.

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

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

  • 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.

  • 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.

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

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

  • Borrower Note means the “Borrower Note” as defined in the Borrower Loan Agreement.

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

  • 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.