Class 1 Loan definition

Class 1 Loan means any Collateral Loan that (a) has an original tranche size of at least the Dollar Equivalent of $250,000,000 and (b) is rated by S&P and/or Xxxxx’x (or the related Obligor for such Collateral Loan is rated by S&P and/or Xxxxx’x) as of the date the Borrower acquires such Collateral Loan.

Class 1 Loan means any Collateral Loan that (a) has an original tranche size of at least the Dollar Equivalent of $250,000,000 and (b) is rated by S&P and/or Moody’s (or the related Obligor for such Collateral Loan is rated by S&P and/or Moody’s) as of the date the Borrower acquires such Collateral Loan.

Class 1 Loan means any Collateral Loan (a) that, as of the Trade Date of such Collateral Loan, has a tranche size of at least the Dollar Equivalent of $400,000,000 and (b) the relevant Obligor of which has EBITDA of at least the Dollar Equivalent of $100,000,000 as calculated in accordance with the Related Documents as of the Trade Date of such Collateral Loan.

Examples of Class 1 Loan in a sentence

• Except where modified by the terms of the Plan, the provisions of Article 9 of the Class 1 Loan Agreement shall apply on and after the Effective Date, and any prohibitions under19 the Class 1 Loan Documents against the recording of consensual junior encumbrances against the Project shall be null, void and of no further force and effect.202.

• The standard is a framework based on an XML-schema that supports interoperability, scalability and long-term preservation (Kowal & Martyn, 2009)(Cantara, 2005).

• Class 1 Loan Agreement: That certain Loan Agreement (Fixed Rate Loan), dated as of4 March 12, 2007, by and between Ohana Group, LLC, as borrower, and Capmark Bank, as lender.

• Class 1 Loan Documents: All documents evidencing, perfecting or securing the Class 1 Claim, including all amendments, renewals and replacements thereof.615.

• The treatment10 of the Class 1 Claim and the resulting modification of the Class 1 Loan Documents shall be implemented by the parties’ execution of the Loan Modification and Reinstatement Agreement and11 First Amendment to Deed of Trust, Assignment of Rents and Leases, Security Agreement and Fixture Filing (the “Modification Agreement”), the form of which is attached as Exhibit A to this Plan and12 incorporated by this reference.

• Subject only to the modified terms contained in this Plan, all terms and conditions of the existing Class 1 Loan Documents shall remain in full force and effect.

• All library areas, including checking areas, book stacks and reading/teaching spaces, should be accessible to ageing staff and persons with varying disabilities.

• Except as otherwise provided in the Plan, on and after the Effective Date, each item of property of the Debtor,15 including all claims, rights and causes of action and any property acquired by the Debtor shall vest in the Reorganized Debtor free and clear of all Claims, liens, charges, other encumbrances and interests16 except liens, charges and other encumbrances which the Debtor is required to grant or continue pursuant to Article IV of the Plan including, without limitation, the Class 1 Loan Documents.

• All amounts owing on the Class 1 Claim pursuant to the terms and provisions of the Class 1 Loan Documents shall be due and payable on the Class 1 Maturity Date.

• On the Effective Date, all defaults under the Class 1 Loan Documents that existed or were15 alleged to exist prior to or as of the Effective Date, whether known or unknown, shall be deemed cured, satisfied and of no further force or effect pursuant to and in connection with the entry of the16 order of Confirmation.

More Definitions of Class 1 Loan

Class 1 Loan means any Collateral Loan that (1) as of the Trade Date of such Collateral Loan, has a tranche size of not less than $250,000,000 or such lesser tranche size as otherwise agreed by the Administrative Agent in its sole discretion at the time such Collateral Loan is added to the Approved List, (2) other than with respect to clause (b) thereof, satisfies the definition of Broadly Syndicated Loan, and (3) is rated (or no later than the settlement date of such Collateral Loan, will be rated) by S&P or Moody’s (or the related Obligor is rated by S&P or Moody’s).

Class 1 Loan means any Collateral Loan that (1) as of the Trade Date of such Collateral Loan, has a tranche size of not less than $250,000,000 or such lesser tranche size as otherwise agreed by the Administrative Agent in its sole discretion at the time such Collateral Loan is added to the Approved List, (2) other than with respect to clause (b) thereof, satisfies the definition of Broadly Syndicated Loan, and (3) is rated (or no later than the settlement date of such Collateral Loan, will be rated) by S&P or Xxxxx’x (or the related Obligor is rated by S&P or Xxxxx’x).

Class 1 Loan means any Collateral Loan that (a) has an original tranche size of at least the Dollar Equivalent of