Deferred Loans definition

Deferred Loans means Deferred Loans made by the PASS program as such term is defined in Chapter 66.
View Source
Deferred Loans shall have the meaning provided in Section 5.03.
View Source

Examples of Deferred Loans in a sentence

  • Subscription25 aims at achieving availability of Services of twenty-four (24) hours a day, seven (7) days a week, except the planned (maintenance and related) ‘down-time’ of the Services.

  • The repayment schedule for the Loans (other than Deferred Loans) and Deferred Loans is set forth in Schedule 4.02.

  • All proceeds of the Loans (other than Deferred Loans, which shall be used only for the purpose of paying the principal portion of the repayment instalment of a Loan due on each Repayment Date falling during the relevant Deferral Period) may be used only to finance (i) up to 80% of the Adjusted Construction Price of the Vessel and (ii) up to 100% of the Hermes Premium.

  • Evidence to the satisfaction of each Lender that the Deferred Loans are covered under the Hermes Cover.

  • Evidence that the NCLC Group has submitted the Principles Information Package (including information related to crisis-related liquidity measures) to Hermes, as a basis for Hermes to assess the adequacy of the NCLC Group´s crisis-related liquidity measures with regard to utilization of the Deferred Loans, in accordance with the terms of the Credit Agreement.

  • All proceeds of the Loans (other than Deferred Loans, which shall be used only for the purpose of paying the principal portion of the repayment instalment of a Loan due on each Repayment Date falling during the Deferral Period) may be used only to finance (i) up to 80% of the Adjusted Construction Price of the Vessel and (ii) up to 100% of the Hermes Premium.

  • All proceeds of the Loans (other than Deferred Loans, which shall be used only for the purpose of paying the principal portion of the repayment instalment of a Loan due on each Payment Date falling during the relevant Deferral Period) may be used only to finance (i) up to 80% of the Adjusted Construction Price of the Vessel and (ii) up to 100% of the Hermes Premium.

  • The Borrower agrees to pay on demand any additional imputed or calculative funding cost on the Second Deferred Loans incurred by a Lender or the CIRR Representative as a consequence of the parties entering into this Agreement which shall not exceed the difference between the interest payable on the Loan (other than the Second Deferred Loans) in accordance with the Credit Agreement and the interest payable on the Second Deferred Loans at the Floating Rate.

  • The Borrower agrees to pay on demand any additional imputed or calculative funding cost on the Deferred Loans incurred by a Lender or the CIRR Representative as a consequence of the parties entering into this Agreement which shall not exceed the difference between the interest payable on the Loan (other than the Deferred Loan) in accordance with the Credit Agreement and the interest payable on the Deferred Loans at the Floating Rate.

  • With regard to West Suburban Deferred Loans, Section 4.9(b) of the West Suburban Disclosure Memorandum contains a list of all West Suburban Deferred Loans, identified by borrower and listing the principal amount and the amount of accrued but unpaid interest on each such West Suburban Deferred Loan.

Related to Deferred Loans

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Loan Repayments means the sum of (i) Trust Bond Loan Repayments, (ii) the Administrative Fee and (iii) any late charges incurred under the provisions of a Loan Agreement.