Distribution Loan definition

Distribution Loan means a Loan which is made in whole or in part for the purpose of (i) paying a Quarterly Distribution, or (ii) reimbursing the purchase price of partnership units purchased under the MLP’s long-term incentive plan, or (iii) reimbursing the purchase or redemption price of equity interests in the Borrower or any Guarantor purchased or redeemed from their employees in accordance with Section 7.08(b)(iii).
Distribution Loan means a loan to the Partnership, the proceeds of which are intended for inclusion in Available Cash; provided, that if any proceeds of a loan are used for any purposes other than a distribution to the Class A Partners pursuant to Section 4.1(a), only the portion of such loan distributed to the Class A Partners shall be deemed to be a “Distribution Loan.”
Distribution Loan means a Loan which is made for the purpose of paying a Quarterly Distribution.

Examples of Distribution Loan in a sentence

  • Be prepared for taxes to be withheld from it before you receive the money, and for possible penalties if you are under age 59 ½If you choose options #2, #3 or #4 above you will need to complete the 403(b) Plan Distribution, Loan, Exchange, Transfer & Rollover Form found at www.tcgservices.com.

  • Summary Comments: Loan Distribution Loan Name ORIGINAL BALANCES CURRENT BALANCES Loan Maturity Original Securitised LTV% Current Securitised LTV% Original Whole Loan LTV% Current Whole Loan LTV% Remaining Loan Term (Mths) Escrow Balance Next Period Interest Rate (incl.

  • PART 2: SNC Loan Distribution Loan Distribution by VolumeTable 1 lists the dollar volume and percentage of the SNC portfolio by lender type.

  • The Project Information section contains the following fields: Original Owner Equity, Annual Distribution Earned, Mark-Up-To-Market Distribution Increase (if applicable), Total Allowable Annual Distribution, Loan Funded by Bonds, Risk Sharing (%), Eligible for Pre-Pay, Small Project Processing, and Project Located in an Underserved Area at a Time of Initial Endorsement or Refinance.

  • Standard Variable Rate, Current Standard Variable Rate, Historical Geographical Distribution Loan to Value ratios at originationRange of LTV ratios at originationAggregate outstanding balance% of total balanceNumber of mortgage accounts Indexed* Loan to Value ratiosRange of LTV ratiosAggregate outstanding balance% of total balanceNumber of mortgage accounts*Indexation is applied quarterly on a regional basis to property valuations each January, April, July and October.


More Definitions of Distribution Loan

Distribution Loan means a Committed Loan which is made in whole or in part for the purpose of paying a Quarterly Distribution or for the purpose of reimbursing the General Partner for the purchase price of partnership units purchased under the MLP's long-term incentive plan. Dollar or $ means lawful money of the United States of America. Domestic Person means any corporation, general partnership, limited partnership, or limited liability company that is organized under the laws of the United States of America or any state thereof or the District of Columbia. Eligible Accounts Receivable means Accounts Receivable, excluding any Account Receivable:
Distribution Loan has the meaning given it in Subsection 2.1a.
Distribution Loan means any portion of any Borrowing used by the Borrower to fund Restricted Payments permitted pursuant to Section 6.06.
Distribution Loan means an Advance which is made in whole or in part for the purpose of paying a Quarterly Distribution.
Distribution Loan means a Loan used or intended to be used by the Borrower to fund cash distributions to its Holding Company, Teekay LNG Partners LP, a Xxxxxxxx Islands company, and its successors and assigns.
Distribution Loan means a Loan which is made in whole or in part for the purpose of (i) paying a Quarterly Distribution, or (ii) reimbursing the purchase price of partnership units purchased under the MLP’s long-term incentive plan, or (iii) reimbursing the purchase or redemption price of equity interests in the Borrower or any Guarantor purchased or redeemed from their employees in accordance with Section 7.08(b)(iii). Dollar and $ means lawful money of the United States of America. Domestic Person means any corporation, general partnership, limited partnership, or limited liability company that is organized under the laws of the United States of America or any state thereof or the District of Columbia. Eligible Assignee means (a) a Lender, (b) an Affiliate of a Lender, (c) an Approved Fund, (d) any institutional investor and (e) any other Person (other than a natural Person) approved by the Administrative Agent and, unless an Event of Default has occurred and is continuing or in connection with the settlement of a credit derivative transaction, the Borrower (each such approval not to be unreasonably withheld, conditioned or delayed); provided that notwithstanding the foregoing, “Eligible Assignee” shall not include the Borrower, the MLP, any MarkWest Party, or any of their respective Affiliates or Subsidiaries.
Distribution Loan means a Committed Loan which is made in whole or in part for the purpose of paying a Quarterly Distribution or for the purpose of reimbursing the MLP General Partner for the purchase price of partnership units purchased under the MLP’s long-term incentive plan. “Dollar” or “$” means lawful money of the United States of America. “Domestic Person” means any corporation, general partnership, limited partnership or limited liability company that is organized under the laws of the United States of America or any state thereof or the District of Columbia.