Corporate Loan(s) definition

Corporate Loan(s) means corporate loans as defined in the policy statements of the Bank of Thailand on reviews of credits, credit-like transactions, and
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Corporate Loan(s) mean (i) any commitments or extension of loans (including syndicated loans), commercial paper, debt securities (including convertible bonds or bonds with warrants), guarantees, equity securities (excluding equity securities owned by CHB for trading purposes) or any similar credit extension (Yeoshin) instruments made or held by CHB to certain CHB borrowers set forth in Appendix 4 hereto as of December 31, 2002, and (ii) any further commitments or extensions of loans (including syndicated loans), commercial paper, debt securities (including convertible bonds or bond with warrants), guarantees, equity securities (excluding equity securities owned by CHB for trading purposes) or any similar credit extension (Yeoshin) instruments made or held by CHB to certain CHB borrowers set forth in Appendix 4 from (and including) January 1, 2003 until the Second Calculation Date up to, where applicable, the "Credit Limit" existing as of the date hereof as identified in Appendix 5. For purposes of this definition, "Credit Limit" shall mean the credit limits classified by each corporate loan type; and any new credit limit amounts resulting from an interchange of one corporate loan type into another corporate loan type pursuant to (i) decisions of a creditors committee under the Corporate Restructuring Promotion Law or other workout procedures (including banks managements (Eunhangkwanri) or private restructuring arrangements sponsored by banks), (ii) other laws or regulations or court orders, or (iii) government policies or guidelines (each of the foregoing items (i) , (ii) and (iii) will be referred to as a "Special Cause") will be deemed to be included in the amount of the Credit Limit as if such corporate loan type had existed as of the date hereof. For avoidance of doubt, any extensions of maturity or roll-overs or conversion (including Daehwan) of corporate loans shall be included in the foregoing definition of Corporate Loan(s); provided
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Examples of Corporate Loan(s) in a sentence

  • As in the case of lower grade securities, the Corporate Loans in which the Fund may invest may be rated below investment grade (lower than Baa by Moody’s and lower than BBB by S&P) or may be unrated but of comparable quality in the judgment of the Investment Adviser.

  • The risks of investment in such Corporate Loans are similar in many respects to those of investment in lower grade securities.

  • As in the case of lower grade securities, such Corporate Loans can be expected to provide higher yields than lower- yielding, higher-rated fixed income securities but may be subject to greater risk of loss of principal and income.

  • The Fund may invest in junk bonds, Corporate Loans, convertible debt securities, preferred securities and other securities that lack a secondary trading market or are otherwise considered illiquid.

  • Corporate Loans are frequently secured by pledges of liens and security interests in the assets of the borrower, and the holders of Corporate Loans are frequently the beneficiaries of debt service subordination provisions imposed on the borrower’s bondholders.

  • Even when these arrangements exist, however, there can be no assurance that the principal and interest owed on the Corporate Loans will be repaid in full.

  • If D&PL or SYNGENTA fails to pay on --------------------------------- any due date any amount which is payable under this LICENSE AGREEMENT, then, without prejudice to other remedies, that amount shall bear interest at the "Prime Rate on Corporate Loans at Large U.

  • Date: May 07th, 2018 BNP Paribas Senior Corporate Loans Europe/ US, as a Lender (type name of the legal entity) By: /s/ Javier Peres Diaz Name: Javier Peres Diaz Title: Portfolio Manager If a second signature is necessary: By: /s/ Dennis Tian Name: Dennis Tian Title: Portfolio Manager CONSENT TO CASHLESS ROLL (this “Consent”) in connection with Amendment No. 5 (“Amendment”) to that certain First Lien Credit Agreement, dated as of May 6, 2014 (as amended, restated.

  • Corporate Loans generally bear interest at rates set at a margin above a generally recognized base lending rate that may fluctuate on a day to day basis, in the case of the prime rate of a U.S. bank, or which may be adjusted on set dates, typically every 30 days but generally not more than one year, in the case of LIBOR.

  • Ö 1122(d)(2)(vi) Unissued checks are safeguarded so as to prevent unauthorized access.

Related to Corporate Loan(s)

  • Prime Rate Loans means any Loans or portion thereof on which interest is payable based on the Prime Rate in accordance with the terms thereof.

  • Eurodollar Rate Loans means any Loans or portion thereof on which interest is payable based on the Adjusted Eurodollar Rate in accordance with the terms hereof.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01) or any combination of the foregoing.

  • Canadian Prime Rate Loans means any Canadian Dollar Revolving Loan during the period which it bears interest at a rate determined by reference to the Canadian Prime Rate.

  • LIBOR Rate Loans means the Loans bearing interest with reference to the LIBOR Rate.