CURE LOAN definition

CURE LOAN is defined in Section 9.2(iii) hereof.
CURE LOAN is defined in SECTION 9.2(III) hereof.
CURE LOAN is defined in Section 8.2 hereof. -----------

Examples of CURE LOAN in a sentence

  • However, a Partner's failure to advance funds to the Partnership which that Partner was required to advance or a Partner's failure to discharge its recourse obligations respecting a Cure Loan shall not be deemed a Material Breach.

  • Interest on Cure Loans shall be paid quarterly and all principal shall be paid 18 months after the Cure Loan is extended.

  • John Gregoire, CFO, presented June 2015 unaudited financial statements and investment reports.


More Definitions of CURE LOAN

CURE LOAN means a loan made by a Member (or any of its Affiliates) to the Company or any Project Company, to pay all or any portion of the outstanding indebtedness under the OrCal Senior Notes or the OFC Senior Notes following an OrCal Senior Notes Trigger Event or OFC Senior Notes Trigger Event, respectively, which loan shall be (i) unsecured, (ii) evidenced by a note substantially in form of Exhibit G hereto, and (iii) otherwise be on terms equivalent in all material respects to loans that would be available from a third party lender that is not an Affiliate of such curing Member.
CURE LOAN means any further advance made by the B-Lender to the Borrower in order to cure a Loan Event of Default in the circumstances described in Clause 15 of the Servicing and Intercreditor Deed and Clauses 22.1.3, 22.2.3 or 30.11 of the Loan Agreement.
CURE LOAN is defined in SECTION 9.2.2.
CURE LOAN is defined in Section 8.2(iii) hereof. "CURRENT ASSETS" is defined in Section 6.4(A) hereof. "CUSTOMARY PERMITTED LIENS" means:
CURE LOAN means the loan made or to be made under a Cure Facility or the principal amount outstanding for the time being of that loan.

Related to CURE LOAN

  • Prepayment Asset Sale means any Disposition by the Borrower or its Restricted Subsidiaries made pursuant to Section 6.07(h).

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Defective Loan is any Mortgage Loan as to which there is an unremedied Material Defect.