Closing Loans definition
Closing Loans shall have the meaning ascribed to it in Section 2.5.2 hereof.
Closing Loans. See Section 6.4.
Closing Loans means, as of the Closing Date, the aggregate amount of receivables originated by and owed to Financiera and/or owed to its financial trusts (Ficeicomiso Financiero CFA), which were granted or acquired in the Ordinary Course of Business, all as determined in accordance with the Agreed Accounting Policies and measured in APs (applying, if necessary, the exchange rate of APs to each U.S.$1.00 (as certified by the Banco de la Nacion Argentina, seller price for bills (“billete tipo vendedor”)) or other exchange rate for currencies other than U.S. Dollars as of the close of business on the date that is two (2) Business Days immediately preceding the Closing Date, for purposes of converting to APs any amount in any other currency) (provided that any and all receivables owed to Financiera and/or its financial trusts (Ficeicomiso Financiero CFA) classified in categories III, IV or V as determined from time to time in accordance with BCRA regulations shall not be included as “Closing Loans” for purposes of this definition).