Examples of Cure Loans in a sentence
A Partner shall not be entitled to any distribution from the Partnership (including, for example, a distribution under Section 14.4 of this Agreement), unless and until all Cure Loans arising from that Partner's failure to advance funds to the Partnership which that Partner was required to advance have been paid in full.
Interest on Cure Loans shall be paid quarterly and all principal shall be paid 18 months after the Cure Loan is extended.
All Cure Loans, whether or not payable to the same Partner, shall be pari passu (that is, on an equal footing) with all other Cure Loans.
This attachment provides a detailed description of how the range of value is calculated for each of the following types of avoided emissions: • Nitrogen oxides (“NOx”)• Sulfur dioxide (“SO2”)• Volatile organic compounds (“VOC”)• Carbon monoxide (“CO”)• Particulate matter less than 10 microns in diameter (“PM10”)• Mercury• Carbon dioxide (“CO2”).
Cure Loans shall bear interest at a rate equal to 300 basis points in excess of the interest rate that would have applied to the loan that the Defaulting Partner was required to fund (if the default related to a loan commitment) or 500 basis points in excess of the Base Rate (if the default related to a capital commitment).