First Loan Agreement definition

First Loan Agreement means the written agreement entitled "First Loan Agreement" concluded or to be concluded between Nedbank and the Trust on or about the Signature Date;

First Loan Agreement means the loan agreement dated 14 March 2006 made between (1) the Borrowers, (2) Fortis Bank (Nederland) N.V. in its capacities as arranger, agent, swap provider and account bank, (3) the First Mortgagee and (4) the First Banks as lenders;

First Loan Agreement means the facility agreement dated 30 March 2011 as amended and supplemented from time to time, made between the Borrower and the Mortgagee as lender, whereby the Mortgagee agreed to make available to the Borrower, upon the terms and conditions therein contained, an overdraft facility of up to Ten million Dollars ($10,000,000);

Examples of First Loan Agreement in a sentence

• Upon completion of the Acquisition, the obligation of the Company to repay the Investor all outstanding liabilities under the First Loan Agreement shall be deemed fully discharged.

• The Borrower shall, on being so requested by the Lender, indemnify the Lender against any loss or expense which the Lender may sustain or incur as a consequence of the occurrence of any of the events referred to in paragraph 13 of this First Loan Agreement.

• On 24 September 2020, the Acquisition SPA has been entered into with the Investor in respect of the transfer of all shareholding interests in the Retained Subsidiaries which shall take effect upon (i) the Investor having provided the First Loan to the Company in accordance with the terms of the First Loan Agreement; and (ii) the Resumption Proposal not having been approved by the Stock Exchange by the Long Stop Date.

• The terms of clause 22 of the Agreement shall be incorporated into this First Loan Agreement.

• The Borrower shall, on being so requested by the Lender, pay all reasonable costs and fees incurred by the Lender in connection with the preservation of its rights under, or the enforcement of, this First Loan Agreement or any security document in favour of the Lender.

More Definitions of First Loan Agreement

First Loan Agreement the loan agreement dated 28 July 2021 entered into between the Lender and the Borrowers relating to the granting of the loan facility

First Loan Agreement means the loan agreement dated 7 June 2011 as amended and restated by a supplemental agreement dated 2 September 2011 and as further amended and restated by a second supplemental agreement dated 14 June 2012 and made between (1) the Owner and the other First Borrowers as joint and several borrowers, (2) the banks and financial institutions referred to in schedule 1 thereto as lenders and (3) ABN AMRO Bank N.V. as arranger, agent, security agent, account bank and swap provider (the “First Swap Provider”);

First Loan Agreement means the loan agreement, in the agreed form, entered into between NTL SPV Inc. as lender and the Principal Borrower as borrower, setting out the terms on which the indebtedness owed by the Principal Borrower in respect of the First Sale and Purchase Agreement remains outstanding.

First Loan Agreement has the meaning ascribed thereto in the Recitals to this Agreement;

First Loan Agreement has the meaning specified in Section 7.14.

First Loan Agreement the loan agreement dated 17 May 2007 made between Rongzhong BVI as borrower and Perfect Honour as lender in respect of a term loan facility of HK$60 million granted by Perfect Honour to Rongzhong BVI

First Loan Agreement means the loan agreement dated 28 January 2004 made between (a) the Corporate Guarantor and (b) the Bank, as amended and supplemented from time to time; “First Manager’s Undertaking” means the first priority undertaking and assignment in relation to the Collateral Ship dated 30 January 2004 and executed by the Manager (as defined in the First Loan Agreement) in favour of the Bank; “First Mortgage” means the first priority Maltese statutory mortgage of the Collateral Ship dated 30 January 2004 executed by the Corporate Guarantor in favour of the Bank as security for the Corporate Guarantor’s obligations under the First Loan Agreement; “First Mortgage Documents” means, together, the First Loan Agreement, the First Mortgage, the First Deed of Covenant and the First Manager’s Undertaking; “First Repayment Date” means, in relation to each Tranche (and subject to clause 6.3), the date falling three (3) months after the earlier of (a) the Drawdown Date of the Delivery Advance relevant to such Tranche and (b) the last day of the Drawdown Period for the Delivery Advance relevant to such Tranche; “Flag State” means: