Demand Loans definition

Demand Loans means the loans made by NationsBank, N.A. pursuant to the Triarc Credit Agreement.
Demand Loans shall have the meaning set forth in Section 4.02 hereof. ------------ ------------
Demand Loans means the demand loans made to the Borrower by certain of the lenders which were parties to the Existing Loan and Security Agreement on May 15, 2000 in the aggregate principal amount of $12,411,088 pursuant to the letter agreement, dated May 12, 2000, among the Borrower, Parent, such lenders and the Agent.

Examples of Demand Loans in a sentence

  • At any time when any Seller Party is required to make any payment hereunder and such Seller Party does not have sufficient funds to make such payment, Seller shall demand payment of the Demand Loans (or such portion of the Demand Loans as would be sufficient to make such payment) and remit the amount received as a result of such demand to the Servicer, the Purchasers or the Agent (as applicable) for disposition as provided herein.

  • Borrower will use the proceeds of the Loans made hereunder solely in connection with the acquisition or funding of Receivables, to repay the Subordinated Loans, to make Demand Loans and to make dividends in accordance with applicable corporate law and this Agreement.

  • Upon termination of this Agreement, HDC using funds billed and collected pursuant to Section 1(d) above shall: (i) pay any expenses accrued by P.C. through the termination date; (ii) collect all fees accrued to it through the termination date, including without limitation the payment of the Compensation Amount specified in Section 4 hereof; and (iii) collect the amounts due under the Demand Loans specified in Section 1(b) hereof.

  • If any contingent or any other liabilities are turned to forced loans (i.e. without any prior approval as regular loan) those too will be treated as Demand Loans.

  • The VNB and VNB margins for new business written for the track record period are presented in Table 5.7 and Table 5.8 respectively, split by region.


More Definitions of Demand Loans

Demand Loans. As defined in ss.1.
Demand Loans have the meanings set forth in Section 2(a) hereof.
Demand Loans means each demand loan to Occidental under that certain Demand Promissory Note dated as of April 19, 2000, executed by Occidental and payable to the order of the Borrower, in the form heretofore delivered to the Administrative Agent, provided that the terms of such note may not be amended without the consent of the Required Banks and shall at all times provide that
Demand Loans. As defined in (S)1.1.
Demand Loans means unsecured revolving demand loans payable by the Company to its officers and shareholders.
Demand Loans means each demand loan to Occidental under that certain Demand Promissory Note dated as of April 19, 2000, executed by Occidental and payable to the order of the Borrower, in the form heretofore delivered to the Administrative Agent, provided that the terms of such note may not be amended without the consent of the Required Banks and shall at all times provide that (a) the amount of such loan or note may not be compromised, settled, subject to offset or otherwise reduced and (b) such loan and all other Indebtedness under such note shall become immediately due and payable upon the maturity of the Loans hereunder, whether at the scheduled maturity date or by acceleration or otherwise.
Demand Loans means, collectively (a) a series of demand ------------ loans made to Insight LP on the Effective Date by the Holders (as defined in the Assumption Agreement) in an aggregate principal amount equal to $348,295,729 for the purpose of enabling Insight LP to consummate the Illinois Purchase, (b) a series of demand loans made to the Demand Loan Borrowers (as defined in the Assumption Agreement) on the Effective Date by the Holders (as defined in the Assumption Agreement) in an aggregate amount equal to $306,158,344 for the purpose of enabling the parties thereto to consummate the Initial Transactions, and (c) the Separate Demand Loans.