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.
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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
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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

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

  • 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”.

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

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