First Loans definition

First Loans means Loans secured (in England, Wales and Northern Ireland) by a first ranking mortgage or charge or (in Scotland) by a first ranking standard security on the relevant Property;
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First Loans means collectively, the First KEXIM Loan, the HSH US$60 million Loan and the Second KEXIM Loan and First Loan means any of them First Mortgage Documents means collectively, the Deva First Mortgage Documents, the CSCL Europe First Mortgage Documents and the CSCL Pusan First Mortgage Documents and First Mortgage Documents means any of them
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First Loans means collectively, the First KEXIM Loan, the HSH US$60 million Loan and the Second KEXIM Loan and First Loan means any of them
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Examples of First Loans in a sentence

  • The Borrower and Hovnanian make the representations and warranties in this Section 5 on the date hereof and on the Closing Date and each date thereafter on which a Loan is made or a Letter of Credit is issued as provided in and subject to Sections 6.1 [First Loans and Letters of Credit] and 6.2 [Each Additional Loan or Letter of Credit].

  • The Borrower makes the representations and warranties in this Section 6 on the date hereof, on the Closing Date, and each date thereafter on which a Loan is made or a Letter of Credit is issued as provided in and subject to Sections 7.1 [First Loans and Letters of Credit] and 7.2 [Each Additional Loan or Letter of Credit].

  • Simultaneously with the execution and delivery of such Bank Joinder, the Borrowers shall execute, if requested, a Revolving Credit Note and deliver it to such Additional Bank together with copies of such other documents described in Section 6.1 [First Loans] hereof as such Additional Bank may reasonably require.

  • Simultaneously with the execution and delivery of such Lender Joinder, the Borrower shall execute a Revolving Credit Note, and deliver it to such Additional Lender together with originals of such other documents described in Section 7.1 [First Loans and Letters of Credit] hereof as such Additional Lender may reasonably require.

  • The Borrower and Hovnanian make the representations and warranties in this Section 5 on the date hereof and on the Closing Date and each date thereafter on which a Loan is made or a Letter of Credit is issued as provided in and subject to Sections 6.1 (First Loans and Letters of Credit) and 6.2 (Each Additional Loan or Letter of Credit).

  • The Loan Parties make the representations and warranties in this Section 6 on the date hereof and on the Closing Date and each date thereafter on which a Loan is made or a Letter of Credit is issued as provided in and subject to Section 7.1 [First Loans and Letters of Credit] and Section 7.2 [Each Additional Loan or Letter of Credit].

  • Simultaneously with the execution and delivery of such Bank Joinder, the Borrower shall execute, if requested, a Revolving Credit Note and deliver it to such Additional Bank together with copies of such other documents described in Section 6.1 [First Loans] hereof as such Additional Bank may reasonably require.

  • CONDITIONS OF LENDING AND ISSUANCE OF LETTERS OF CREDIT 50 6.1 First Loans and Letters of Credit.

  • Any Subsidiary of Hovnanian which is required to join this Guarantee as a Guarantor pursuant to Section 26 hereof or which is to become a Restricted Subsidiary shall execute and deliver to the Agent (i) a Guarantor Joinder pursuant to which it shall join as a Guarantor this Guarantee; and (ii) at the request of the Agent, documents in the forms described in Section 6.1 [First Loans and Letters of Credit] of the Credit Agreement, modified as appropriate to relate to such new Guarantor.

  • The Loan Parties make the representations and warranties in this Section 6 [Representations and Warranties] on the date hereof, on the Closing Date, and each date thereafter on which a Loan is made or a Letter of Credit is issued as provided in and subject to Sections 7.1 [Conditions to First Loans and Letters of Credit] and 7.2 [Conditions to Each Additional Loan or Letter of Credit].

Related to First Loans

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.