Global Intercompany Loan definition

Global Intercompany Loan means, at any time, the aggregate of all Loan Tranches advanced under the Global Intercompany Loan Agreement;
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Global Intercompany Loan means, at any time, the aggregate of the Outstanding Principal Balance of the Loan Tranches made by the Master Issuer to Funding 2 under the Global Intercompany Loan Agreement;
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Global Intercompany Loan means at any time, the aggregate of all Loan Tranches advanced under the Global Intercompany Loan Agreement;
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Examples of Global Intercompany Loan in a sentence

  • The Master Issuer undertakes that on the Closing Date it will apply the gross underwriting proceeds for the Notes forthwith in making the relevant Loan Tranches to Funding 2 pursuant to the terms of the Global Intercompany Loan Agreement.

  • Funding 2 undertakes that it will apply the proceeds of such Loan Tranches in accordance with Clause 4.1 (Purpose and application of a Loan Tranche) of the Global Intercompany Loan Agreement.

  • No event has occurred or circumstance arisen which, had the Global Intercompany Loan Agreement been entered into, would (whether or not with the giving of notice and/or the passage of time and/or the fulfillment of any other requirement) constitute a Funding 2 Intercompany Loan Event of Default as set out in the Global Intercompany Loan Agreement.

  • Upon the Funding 2 Security Trustee declaring the Loan Tranches to be immediately due and payable pursuant to Clause 15.9 (Acceleration of Global Intercompany Loan), the amount due and payable in respect of each Loan Tranche shall be paid by Funding 2 without penalty or premium but subject to Clause 16 (Default interest and indemnity).

  • From the proceeds of the issue of such Issuer Notes, the Master Issuer shall make advances of funds to Granite Finance Funding 2 Limited, pursuant to the terms of the Global Intercompany Loan Agreement.

  • Terms used herein shall be deemed to be defined as such for the purposes of the Global Intercompany Loan Agreement entered into between the parties hereto on 19 January, 2005.

  • This Loan Tranche Supplement contains the final terms of the Loan Tranches identified and described herein, is supplemental to and must be read in conjunction with the Global Intercompany Loan Agreement.

  • If Funding 2 receives a Full Repayment Amount under the Global Intercompany Loan, then Funding 2 will not apply the Full Repayment Amount as described above under Funding 2 Principal Priority of Payments.

  • The Note Trustee serves a Funding 2 Intercompany Loan Enforcement Notice on Party B in accordance with the terms of the Global Intercompany Loan Agreement." In the case of the Additional Termination Event above, Party B shall be the sole Affected Party.

  • With respect to Funding 1, no event has occurred or circumstance arisen which, had the Global Intercompany Loan Agreement already been entered into, would (whether or not with the giving of notice and/or the passage of time and/or the fulfillment of any other requirement) constitute an Event of Default as set out in the Global Intercompany Loan Agreement.

Related to Global Intercompany Loan

  • Global Intercompany Note means the global intercompany note substantially in the form of Exhibit G hereto.

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Permitted Intercompany Investments means Investments made by (a) a Loan Party to or in another Loan Party, (b) a Subsidiary that is not a Loan Party to or in another Subsidiary that is not a Loan Party and (c) a Subsidiary that is not a Loan Party to or in a Loan Party, so long as, in the case of a loan or advance made pursuant to this clause (c), the parties thereto are party to the Intercompany Subordination Agreement.

  • Permitted Intercompany Advances means loans made by (a) a Loan Party to another Loan Party, (b) a Subsidiary of a Borrower that is not a Loan Party to another Subsidiary of a Borrower that is not a Loan Party and (c) a Subsidiary of a Borrower that is not a Loan Party to a Loan Party, so long as the parties thereto are party to the Intercompany Subordination Agreement.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Intercompany Note means a promissory note substantially in the form of Exhibit I.

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

  • Intercompany Interest means an Interest in a Debtor held by another Debtor.

  • Deferred Intercompany Transaction has the meaning set forth in Treas. Reg. Section 1.1502-13.

  • Intercompany Notes means, with respect to each Pledgor, all intercompany notes described in Schedule 11 to the Perfection Certificate and intercompany notes hereafter acquired by such Pledgor and all certificates, instruments or agreements evidencing such intercompany notes, and all assignments, amendments, restatements, supplements, extensions, renewals, replacements or modifications thereof to the extent permitted pursuant to the terms hereof.

  • Intercompany Indebtedness means Indebtedness of Company or any of its Subsidiaries which is owing to Company or any of its Subsidiaries.

  • Restricted Global Security As defined in Section 3.01(c).

  • IAI Global Note means a Global Note substantially in the form of Exhibit A1 hereto bearing the Global Note Legend and the Private Placement Legend and deposited with or on behalf of and registered in the name of the Depositary or its nominee that will be issued in a denomination equal to the outstanding principal amount of the Notes sold to Institutional Accredited Investors.

  • U.S. Global Note means a Global Note that bears the Restricted Legend representing Notes issued and sold pursuant to Rule 144A.

  • Unrestricted Global Security means a Global Security that is not a Restricted Security.

  • Intercompany Interests means an Interest in a Debtor held by another Debtor and, for the avoidance of doubt, excludes the Existing Equity Interests.

  • Intercompany Obligations as defined in the Guarantee and Collateral Agreement.

  • Restricted Global Notes means 144A Global Notes, IAI Global Notes and Regulation S Global Notes.

  • Permitted Intercompany Activities means any transactions between or among the Borrower and its Restricted Subsidiaries that are entered into in the ordinary course of business of the Borrower and its Restricted Subsidiaries and, in the good faith judgment of the Borrower are necessary or advisable in connection with the ownership or operation of the business of the Borrower and its Restricted Subsidiaries, including, but not limited to, (i) payroll, cash management, purchasing, insurance and hedging arrangements and (ii) management, technology and licensing arrangements.

  • Unrestricted Global Notes means Global Notes that are not required to bear, or are not subject to, the Restricted Notes Legend.

  • Intercompany Debt has the meaning specified in Section 7.02.

  • Intercompany Receivables means all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit that are receivable by Seller or any of its Affiliates (other than the Bank or the Transferred Subsidiaries) from the Bank or the Transferred Subsidiaries.