IDB Loan definition

IDB Loan means two separate Loan Agreements (as amended or otherwise modified prior to the date hereof, the “IDB Loan Agreements”), each dated as of August 1, 1997, by and between the Borrower and Village of Combined Locks, Wisconsin, pursuant to which the Village of Combined Locks, Wisconsin made a loan to the Borrower with the proceeds of certain Industrial Development Bonds.
Sample 1Sample 2Sample 3
IDB Loan means the loan made by IDB to the Borrower pursuant to Section 2.01 of the IDB Loan Agreement.
Sample 1
IDB Loan means two separate Loan Agreements (as amended or otherwise modified prior to the date hereof, the “IDB Loan
Sample 1

Examples of IDB Loan in a sentence

  • Around $1.5 million of a line of credit will be provided by ADB ADF loan under output 1 of component 2 while $7 million is provided by the IDB Loan.

  • At the Closing, Buyer shall assume all of the obligations and duties of Seller under the IDB Loan Agreement and will deliver the Assignment and Assumption Agreement in the form attached as Exhibit 2.2.3.

  • Under the applicable law of Chile, no Senior Lender nor any Participant (as defined in the IDB Loan Agreement) is or will be deemed to be resident, domiciled or carrying on business in Chile solely by reason only of the execution, delivery, performance and/or enforcement of this Agreement and the other Financing Documents.

  • The proceeds of the IDB Invest Loan, the IDB Loan and the China Fund Loan shall be applied exclusively to pay or reimburse Project Costs consisting of goods produced in, or services supplied from or originating in, territories of IDB Invest Members or IDB Members.

  • All terms and conditions of the Common Terms Agreement, as amended from time to time, are deemed to be incorporated by reference into this Agreement and shall be applicable to the IDB Invest Loan, IDB Loan and China Fund Loan hereunder.

  • IDB Loan Agreement The Borrower irrevocably waives, to the fullest extent permitted by applicable law, any claim that any action or proceeding commenced by IDB relating in any way to this Agreement should be dismissed or stayed by reason, or pending the resolution, of any action or proceeding commenced by the Borrower relating in any way to this Agreement whether or not commenced earlier.

  • As a general rule, SREP Guarantees or co-financing shall be processed in tandem with the respective IDB Loan and will be subject to the project cycle and approvals applicable to IDB Loans approved.

  • A first batch of sub-projects was proposed and appraised in 1993 and was clearly defined in the IDB Loan document.

  • The Project will also be subject to independent monitoring for evaluating compliance with Project goals (Section 5.03 Special Conditions of the IDB Loan Agreement).

  • The Memphis IDB Loan Agreement, BSC executed a promissory note dated October 8, 1996 in favor of the Memphis IDB in the principal amount of $26.0 million (the "Memphis IDB Note").


More Definitions of IDB Loan

IDB Loan means the loan specified as such in clause (ii) in Section 2.01(a) (The Loans) or, as the context may require, the outstanding principal amount thereof.
Sample 1
IDB Loan. The "Loan" made to the Borrower by the City of Rochester, Minnesota (the "Issuer") pursuant to the "Loan Agreement" (the "1997 IDB Loan Agreement") described in the 1997 IDB Reimbursement Agreement; and (b) the "Loan" made by the Borrower by the Issuer pursuant to the "Loan Agreement" (the "1998 IDB Loan Agreement") described in the 1998 Reimbursement Agreement
Sample 1

Related to IDB Loan

  • 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;

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • PPP Loan means the loan in principal amount of $673,184 issued to the Company by the PPP Lender pursuant to the promissory note dated April 20, 2020.

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

  • 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.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

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

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • 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).

  • Term C Loan is defined in Section 2.2(a)(iii) hereof.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Co-op Loan A Mortgage Loan secured by the pledge of stock allocated to a dwelling unit in a residential cooperative housing corporation and a collateral assignment of the related Co-op Lease.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • CD Loan means a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • LPMI Loan A Mortgage Loan with a LPMI Policy.

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.