EBRD Loan definition

EBRD Loan means the loan to be provided by EBRD to the Borrower pursuant to the EBRD Loan Agreement.
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EBRD Loan means, collectively, the EBRD Tranche I Loan and the EBRD Tranche 2 Loan or, as the context may require, the aggregate of the principal mounts thereof from time to time outstanding.
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EBRD Loan means the five year revolving loan agreement dated July 21, 2006, arranged by the European Bank for Reconstruction and Development.
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Examples of EBRD Loan in a sentence

  • FUNDING BODY: EBRD Loan for sub-section Ivan Tunnel amounts 50 million EUR and it is a part of the loan in the amount of 180 million EUR.

  • This Agreement has been duly executed by the Company and this Agreement constitutes, and the other Financing Agreements and Project Agreements to which the Company is a party when executed and delivered (in the case of the Notes and the promissory notes issued under the EBRD Loan Agreement, for value) will constitute, valid and legally binding obligations of the Company, enforceable in accordance with their respective terms.

  • The Company shall concurrently prepay the EBRD Tranche 1 Loan in accordance with the EBRD Loan Agreement in an amount equal to EBRD's Proportionate Share, provided that the Company shall not be required to prepay the Tranche 1 Loan ((pursuant to this Subsection 3.06(a)) and the EBRD Tranche 1 Loan ((pursuant to Section 3.07C0) of the EBRD Loan Agreement)) in an aggregate amount exceeding $9,000,000 during any 12-month period.

  • EBRD shall have confirmed to OPIC its intention to make a disbursement pursuant to the EBRD Loan Agreement on or before the Disbursement Date, and have advised OPIC that all of the conditions precedent to EBRD making such disbursement as required by the EBRD Loan Agreement have been (or are reasonably expected to be) satisfied or waived by the proposed Disbursement Date.

  • The Company shall concurrently prepay the EBRD Loan in an amount equal to EBRD's Proportionate Share.

  • All Disbursements under this Agreement and all disbursements under the EBRD Loan Agreement shall be deposited into the Disbursement Subaccount.

  • The Company shall, in consultation with OPIC and EBRD and using the Financial Model, prepare a banking case once every six months in accordance with the procedures set forth in Schedule I to the EBRD Loan Agreement.

  • Amounts may be withdrawn by the Company from the Cash Collateral Subaccount only for the purpose of paying principal and interest under this Agreement and the EBRD Loan Agreement or to transfer any amount in excess of the minimum balance set forth above to the Revenue Subaccount to the extent (and only to the extent) required by the authorization issued by the Central Bank of Russia for the establishment and operation of the Offshore Bank Account.

  • The Company shall have failed to pay when due any principal of, or interest on, the Loan as required by this Agreement or the EBRD Loan as required by the EBRD Loan Agreement.

  • If NIB delivers such notice to the Borrower, the prepayment charge payable pursuant to Section 3.10(b) in respect of such prepayment shall be payable at the rate identified in Section 3.10(b)(ii) of the EBRD Loan Agreement.


More Definitions of EBRD Loan

EBRD Loan means the Loan extended to the Borrower by EBRD under the EBRD Credit Agreement;
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EBRD Loan has the meaning given to it in Recital (n)
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Related to EBRD Loan

  • ARD Loan Any Mortgage Loan that provides that if the unamortized principal balance thereof is not repaid on its Anticipated Repayment Date, such Mortgage Loan will accrue Additional Interest at the rate specified in the related Mortgage Note and the Mortgagor is required to apply excess monthly cash flow generated by the related Mortgaged Property to the repayment of the outstanding principal balance on such Mortgage Loan.

  • CD Loan means a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

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

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.

  • PPP Loan means the loan in principal amount of $673,184 issued to the Company by the PPP Lender pursuant to the promissory note dated April 20, 2020.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Fraud Loan A Liquidated Mortgage Loan as to which a Fraud Loss has occurred.

  • LPMI Loan A Mortgage Loan with a LPMI Policy.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • LIBOR Loan means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

  • LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Outstanding Mortgage Loan As of any Due Date, a Mortgage Loan with a Stated Principal Balance greater than zero which was not the subject of a Principal Prepayment in Full prior to such Due Date and which did not become a Liquidated Mortgage Loan prior to such Due Date.

  • ARM Loan A Mortgage Loan, if any, the Mortgage Interest Rate of which is subject to periodic adjustment in accordance with the terms of the related Mortgage Note.

  • Interest Reserve Loan Each Actual/360 Mortgage Loan.

  • Revolving Advance has the meaning given in Section 2.1.