Intercompany Loan definition

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

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Intercompany Loan has the meaning given to it in Section 2 of the Intercompany Loan Agreement;

Intercompany Loan shall have the meaning provided in Section 9.05(vi).

Examples of Intercompany Loan in a sentence

The Intercompany ▇▇▇▇▇▇ is authorized and directed by the Borrower to enter in its books and records (or in the books and records of the Servicer), the date and amount of each Intercompany Loan made by the Intercompany ▇▇▇▇▇▇ and the amount of each payment of principal made by the Borrower on such Intercompany Loan.
The Borrower shall maintain a register, in which register shall be recorded the amount of each Intercompany Loan made hereunder and the amount of any principal or interest due and payable or to become due and payable from the Borrower to the Intercompany Lender and its registered assigns hereunder.
No amounts payable to a Loan Party under the Intercompany Agreements and Intercompany Loan Agreements are subject to any right of set-off or similar right (except for any such right that arises under the express terms of that contract or at law) and no Loan Party is in default of any of its material obligations under such agreements where such default would have a Material Adverse Effect.
Each Originator further agrees that notwithstanding any provisions contained in this Agreement to the contrary, the Buyer shall not, and shall not be obligated to, pay any amount in respect of any Intercompany Loan, any Intercompany Loan Agreement or otherwise to such Originator pursuant to this Agreement unless the Buyer has received funds which may, subject to Section 4.01 of the Receivables Purchase Agreement, be used to make such payment.
Subject to the Subordination Provisions set forth below, the Borrower shall pay accrued interest on the outstanding principal amount of each Intercompany Loan on each Monthly Settlement Date, and shall pay accrued interest on the amount of each principal payment made in cash on a date other than a Monthly Settlement Date at the time of such principal payment.

More Definitions of Intercompany Loan

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

Intercompany Loan has the meaning given to such term in Section 5.02(f)(vi) hereof.

Intercompany Loan means any loan (or advance in the nature of a loan) by the Company to any Guarantor, or by any Subsidiary to the Company or to any Guarantor, provided that each such loan or advance is subordinated in right of payment and priority to the Indebtedness on terms and conditions satisfactory to Agent and the Majority Banks.

Intercompany Loan means a senior, unsecured loan by EFIH or any of its Restricted Subsidiaries to EFH Corp., with an interest rate commensurate with an arm’s length relationship.

Intercompany Loan means any loan made by the Issuer to any of its Subsidiaries out of the funds arising from Indebtedness incurred by the Issuer through the issue of a series of Secured Notes or otherwise, provided that the Issuer agrees that the receivables and monetary claims arising from such loan will be pledged in favour of the relevant Secured Creditors;

Intercompany Loan means any loan or credit made by a Group Company to any other Material Group Company where (a) the loan or credit is scheduled to be outstanding for at least 12 months and (b) the principal amount thereof is at least of NOK 5,000,000 (or the equivalent amount in another currency) and which pursuant to the Intercreditor Agreement shall be fully subordinated to the claims under the Finance Documents, provided that no Financial Indebtedness under any cash pooling arrangement shall constitute an Intercompany Loan.

Intercompany Loan means the Current Issuer Intercompany Loan;