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.
Sample 1
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.
Sample 1Sample 2
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.
Sample 1

Examples of Financing Loan in a sentence

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

  • C) mean these General provisions of the Agreement and which are an integral part of the Agreement; Special Provisions mean the special provisions of the Agreement, which indicate basic information about the Parties of the Agreement, the Asset Financing Loan Agreement, the Security and other information related to the Secured Liabilities.

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

  • The business being assisted by the IFP grantee must secure an unconditional, irrevocable letter of credit for the full amount of the Interim Financing Loan (principal plus any accrued interest to term) from a lending institution acceptable to DECD which will be assigned to the State.

  • On-Bill Financing Loan Agreement for Self Installers ………………… On-Bill Financing Loan Agreement for California State Government Customers……………………………………………………………..

  • Payment of the Gap Financing Loan shall be secured by the Mortgaged Property described in the Mortgage and shall be evidenced by the Loan Documents.

  • 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.

  • 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.

  • 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.

  • 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.
Sample 1

Related to Financing Loan

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

  • 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 this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Term Loan has the meaning specified in Section 2.01(b).

  • 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 assigned to such term in Section 2.23(c).

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

  • Refinancing Commitments shall have the meaning provided in Section 2.15(b)(i).

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

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • 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 has the meaning specified for the term “Loan Documents” in the Revolving Credit Agreement.

  • 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;

  • 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).

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Refinancing Facility Agreement means a Refinancing Facility Agreement, in form and substance reasonably satisfactory to the Agent, among Holdings, the Borrower, each Subsidiary of the Borrower party to this Agreement, the Agent and one or more Refinancing Lenders, establishing Refinancing Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.26.