Financing Loan definition

Financing Loan means the loans and other financial accommodations made by the Lender under this Agreement in the aggregate amount of USD 330,000,000.
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Financing Loan means the loans and other financial accommodations made by the Lender under this Agreement in the aggregate amount of USD 4,888,260.
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Financing Loan means the loans and other financial accommodations made by the Lender under this Agreement in the aggregate amount of USD 5,754,933.
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Examples of Financing Loan in a sentence

  • Subject to the conditions (including the process for Adjustment and preconditions to funding) set forth below, Pacific Gas & Electric Company (“PG&E”) shall extend a loan (the “Loan”) to Customer in the amount of the loan balance (the “Loan Balance”) pursuant to the terms of this On-Bill Financing Loan Agreement (“Loan Agreement”) and PG&E’s rate schedules E-OBF and/or G-OBF, as applicable (the “Schedule”).

  • Borrower shall not use any proceeds from the Gap Financing Loan for prohibited activities as set forth in 24 CFR Section 570.207.

  • The BDC Financing Loan 4 and Loan 5 have a consolidated fixed charge coverage ratio financial covenant which is tested annually.

  • If Surplus Cash is negative in any year during the Term of the Gap Financing Loan, no annual payment shall be due for that year, but interest shall continue to accrue on the principal balance of the Note.

  • The Gap Financing Loan shall be evidenced by the Note, in substantially the form of the promissory note attached hereto as Exhibit B-1-Gap Financing Note.

  • Borrower is prohibited from using funds provided by the Gap Financing Loan or personnel employed in the administration of the Program for sectarian or religious activities, lobbying, political patronage and/or nepotism activities.

  • Other than as disclosed on Schedule 7.14 attached hereto, the Borrower has not received any other financing for the construction and operation of the Project other than the Gap Financing Loan.

  • Notwithstanding the foregoing to the contrary, if Surplus Cash is negative in any year during the Term of the Gap Financing Loan, no annual payment of principal hereunder shall be due for that year, but interest shall continue to accrue; the Default Rate shall not apply to failure to pay principal in any one year if the failure is due to negative Surplus Cash in that year.

  • The term of the CDBG-DR Gap Financing Loan will be 35 years in all cases except in those cases where the term of the 1st mortgage is 40 years.

  • This provision shall survive the repayment of the Gap Financing Loan and shall continue in full force and effect so long as the possibility of such liability, claims, or losses exists.


More Definitions of Financing Loan

Financing Loan means a loan in the principal amount of not less $10,000,000 made to Buyers by an institutional lender (the "Financing Banks")on terms satisfactory to Buyer in its sole discretion, for the purpose of providing purchase money financing of the Purchase of the Assets pursuant to this Agreement and working capital.
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Related to Financing Loan

  • Refinancing Loan shall have the meaning provided in Section 2.14(h)(i).

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

  • Existing Loan means the loan identified on Exhibit H.

  • 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.

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • Term Loan as defined in Section 2.1.

  • DIP Loan Any Loan (i) with respect to which the related Obligor is a debtor-in-possession as defined under the Bankruptcy Code, (ii) which has the priority allowed pursuant to Section 364 of the Bankruptcy Code and (iii) the terms of which have been approved by a court of competent jurisdiction (the enforceability of which is not subject to any pending contested matter or proceeding).

  • Financing Commitment shall have the meaning set forth in Section 6.4.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Refinancing Lender has the meaning set forth in Section 2.15(c).

  • Financing Commitments has the meaning set forth in Section 5.7.

  • Refinancing Commitments shall have the meaning provided in Section 2.14(h).

  • Senior Loan has the meaning provided in the Recitals hereto.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Existing Loan Documents means the “Loan Documents” as defined in the Existing Credit Agreement.

  • Refinancing Term Loan Commitments shall have the meaning provided in Section 2.14(h).

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Refinancing Lenders has the meaning specified in Section 2.15(c).

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Revolving Loan Documents means the “Loan Documents” as defined in the Revolving Credit Agreement.

  • Sub-loan means a loan made or proposed to be made out of the proceeds of the Loan to a Beneficiary for a Development Project;

  • Bridge Loan Any loan or other obligation that (x) is incurred in connection with a merger, acquisition, consolidation, or sale of all or substantially all of the assets of a Person or similar transaction and (y) by its terms, is required to be repaid within one year of the incurrence thereof with proceeds from additional borrowings or other refinancings (it being understood that any such loan or debt security that has a nominal maturity date of one year or less from the incurrence thereof but has a term-out or other provision whereby (automatically or at the sole option of the Obligor thereof) the maturity of the indebtedness thereunder may be extended to a later date is not a Bridge Loan).

  • Refinancing Term Loan has the meaning specified in Section 2.15(b).

  • Additional Refinancing Lender has the meaning set forth in Section 2.15(a).