Existing Financing definition

Existing Financing means the financing arrangements that provided for a security interest granted by Company in the Aircraft and that were outstanding on August 3, 2020.

Existing Financing has the meaning set forth in the second recital to the Note Purchase Agreement.

Existing Financing means the financing provided under the Existing Notes and the Existing Super Senior RCF.

Examples of Existing Financing in a sentence

• Except as modified by the terms hereof, all of the terms and conditions of the Loan Agreement, as amended, and all other of the Existing Financing Agreements are hereby reaffirmed and shall continue in full force and effect as therein written.

• Yes”, if existing financing was in place as of the Cut-off Date, as stated in the Senior Loan Documents or Subordinate Loan Documents or Loan Agreement; or “No”, if Senior Loan Documents or Subordinate Loan Documents were not included in the Loan File or Existing Financing was not identified in the Loan Agreement.

• A computation from the Final Data File in which the sum of the respective loan’s Cut-off Balance and the Existing Financing Amount (existing), excluding unsecured financing, was divided by the Appraised Value of the corresponding mortgaged property.

• A computation from the Final Data File in which the respective loan’s U/W NCF was divided by the sum of the corresponding annual debt service payment for the loan and the annual debt service payment related to the Existing Financing Amount (existing), excluding any unsecured financing.

• The combined annual debt service payments were calculated by multiplying the sum of the respective loan’s Monthly Debt Service and the monthly debt service of the Existing Financing Amount (existing), excluding unsecured financing, by twelve.

More Definitions of Existing Financing

Existing Financing means the financing originally provided by Nationwide Life Insurance Company to Landlord (as successor by assignment from the original borrower thereunder), in the aggregate original principal amount of $5,650,000, and secured by one or more liens on Landlord’s interest in the Leased Property.

Existing Financing. Has the meaning specified in the recitals to this Trust Supplement.

Existing Financing means the construction loan of up to approximately $376,000,000, made available to the Project Company pursuant to the Existing Financing Credit Agreement and used to fund a majority of the cost of constructing the Project.

Existing Financing means the facility agreement dated 15 June 2017 between, among others, the Issuer as original borrower and guarantor, the Parent as original guarantor and Nykredit Bank A/S as original lender, arranger, agent and original hedge counterparty concerning a multicurrency term and revolving facilities of up to DKK 575,000,000.

Existing Financing means the Credit Agreement dated as of June 4, 1999 between the Company, State Street Bank and Trust Company and all related security agreements, guaranties and other loan documents, as amended and as in effect on the Issue Date.

Existing Financing means the existing financing which encumbers the Property, which is currently held by Wells Fargo Bank, N.A. as administrative agent for the other lenders.

Existing Financing means collectively, the Qwest 9.47% Senior Discount Notes, the Qwest 10.875% Senior Notes, the Qwest 8.29% Senior Discount Notes, the Qwest 7.50% Senior Notes, the Qwest 7.25% Senior Notes, the LCI Notes and the Trol Transaction, in each case in effect on any relevant date of reference and only to the extent that any indebtedness exists under any such documentation on such date.