Illiquid Loan definition

Illiquid Loan means a Loan which is not a Liquid Loan.
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Illiquid Loan. A Loan which is not a Liquid Loan.
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Illiquid Loan means a Loan which is not a Liquid Loan. “Inclusion” means a substitution or contribution of Portfolio Assets to the Issuer pursuant to the Equity Contribution Agreement or any other acquisition of Portfolio Assets by the Issuer. “Inclusion Date” means (a) in the case of a substitution or contribution of Portfolio Assets to the Issuer pursuant to the Equity Contribution Agreement, the settlement date of substitution or contribution or (b) in the case of any other acquisition thereof by the Issuer, the Portfolio Asset Trade Date for the acquisition thereof by the Issuer. “Indebtedness” has the meaning given to such term in the Indenture. “Indenture” means the Indenture dated as of March 22, 2017, between Mxxxxx Hxxx Funding II, LLC and U.S. Bank National Association, as trustee, as amended, supplemented or otherwise modified from time to time.
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Examples of Illiquid Loan in a sentence

  • Any Conduit Loan, Illiquid Loan or Mezzanine ---------- Loan originated by an originator other than the Borrower has been conveyed to the Borrower pursuant to a legal sale and is covered by an opinion of counsel to that effect in form and substance acceptable to the Lender.

  • Therefore, it is essential to focus on improving the performance on these services.• Estate replacement projects have the potential to bring about significant change to way in which the existing estate is configured and how it might continue to support the delivery of healthcare services.


More Definitions of Illiquid Loan

Illiquid Loan. A Loan which is not a Liquid Loan. “Illiquid Portfolio Asset”: A Portfolio Asset that is an Illiquid Loan or a Participation Interest in an Illiquid Loan. “Inclusion Date”: With respect to any substitution or contribution of a Portfolio Asset to the Borrower pursuant to the Sale Agreement or any other acquisition by the Borrower, the Portfolio Asset Trade Date for such substitution, contribution or acquisition, as applicable. “Inclusion/Amendment Date”: With respect to any Portfolio Asset, the later of (a) the Inclusion Date for such Portfolio Asset and (b) the most recent Amendment Date for such Portfolio Asset. “Increased Costs”: Any amounts that an Affected Party has notified the Borrower pursuant to Section 2.12(d) are required to be paid by the Borrower to an Affected Party pursuant to Section 2.12. “Indebtedness”: With respect to any Person at any date, (a) all indebtedness of such Person for borrowed money or for the deferred purchase price of property or services (other than current liabilities incurred in the ordinary course of business and payable in accordance with customary trade practices) or that is evidenced by a note, bond, debenture or similar instrument or other evidence of indebtedness customary for indebtedness of that type, (b) all obligations of such Person under leases that have been or should be, in accordance with GAAP, recorded as capital leases, (c) all obligations of such Person in respect of acceptances issued or created for the account of such Person, (d) all liabilities secured by any Lien on any property owned by such Person even though such Person has not assumed or otherwise become liable for the payment thereof, (e) all indebtedness, obligations or liabilities of that Person in respect of derivatives, and (f) all obligations under direct or indirect guaranties in respect of obligations (contingent or otherwise) to purchase or otherwise acquire, or to otherwise assure a creditor against loss in respect of, indebtedness or obligations of others of the kind referred to in clauses (a) through (e) above. “Indemnified Amounts”: The meaning specified in Section 10.1(a).
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Illiquid Loan. The meaning specified in the Global Master Repurchase Agreement.
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Illiquid Loan means a first mortgage loan on commercial real ------------- estate, which is originated or purchased by the Borrower and which does not qualify as a Conduit Loan, and which Illiquid Loan includes, without limitation (i) a Mortgage Note and related Mortgage and (ii) all right, title and interest of the holder of such Mortgage Note in and to the Mortgaged Property covered by such Mortgage.
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Related to Illiquid Loan

  • Money Market LIBOR Loan means a loan to be made by a Bank pursuant to a LIBOR Auction (including such a loan bearing interest at the Base Rate pursuant to Section 8.01(a)).

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.

  • Bid Loan has the meaning specified in Section 2.03(a).

  • Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • Affected Loan has the meaning specified in Section 3.04.

  • LIBOR Loan means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Money Market Loan means a Money Market LIBOR Loan or a Money Market Absolute Rate Loan.

  • 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.

  • LIBO Rate Loan means a Loan bearing interest, at all times during an Interest Period applicable to such Loan, at a fixed rate of interest determined by reference to the LIBO Rate (Reserve Adjusted).

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

  • Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurodollar Rate.

  • Market Loan means any loan or other indebtedness where an entity issues commercial paper, certificates, subordinated debentures, bonds or any other debt securities (including, for the avoidance of doubt, medium term note programmes and other market funding programmes), provided in each case that such instruments and securities are or can be subject to trade on Nasdaq Stockholm or any other regulated or unregulated recognised market place.

  • Eurocurrency Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

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

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Committed Loan has the meaning specified in Section 2.01.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Money Market Absolute Rate Loan means a loan to be made by a Bank pursuant to an Absolute Rate Auction.

  • Canadian Prime Rate Loan means a Tranche B Loan denominated in Canadian Dollars that bears interest based on the Canadian Prime Rate.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • Investment Obligations means and include, except as otherwise provided in the Supplemental Indenture providing for the authorization of Bonds, any of the following securities, if and to the extent that such securities are legal investments for funds of the Issuer;

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Canadian Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime Rate.