Interim debt definition

Interim debt means a financial liability that is subject to repayment and incurred by an applicant to temporarily finance a scored project until permanent financing is obtained from the CWFP, including liabilities in the form of lines of credit, short-term bank or BCPL loans, bond anticipation notes, general obligation bonds, revenue bonds, general obligation promissory notes, and certificates of indebtedness.
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Interim debt means any interim loans pursuant to subdivision (b) of Section 125290.70, and Sections 125291.60 and 125291.65, bond anticipation notes or commercial paper notes issued to make deposits into the fund and which will be paid from the proceeds of bonds issued pursuant to this article.
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Interim debt means a financial liability that is subject to repayment and incurred by an applicant to temporarily finance a scored project until permanent financing is obtained from the SDWLP, including liabilities in the form of lines of credit, short-term loans from the board of commissioners of public lands, bank loans, bond anticipation notes, general obligation bonds, revenue bonds, general obligation promissory notes, and certificates of indebtedness.
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Examples of Interim debt in a sentence

  • Directors should participate to give PL recommendations) Every 2 months ● measure and evaluate the effectiveness of the associated actions to continually improve the effectiveness of experience feedback system.

  • Interim debt relief is being provided by IDA to all remaining countries in the interim period with the exception of Cameroon and Honduras where the cumulative limit for interim relief of one-third of the total NPV of relief has been reached.Prior to reaching completion point, the cumulative limit was reached in Senegal in September 2003 and it is expected that The Gambia will do so in December 2004.

  • As a result, the country benefitted from Interim debt relief which was used to augment budgetary allocations to key poverty reducing activities.• Sierra Leone also reached the Completion Point under the HIPC Initiative in May 2006 and benefitted from full debt relief.

  • Interim debt may also be issued to finance projects or portions of projects for which the City ultimately commits to issue long‐term debt.

  • If interim debt is rolled over or renewed, the face amount may not be counted multiple times in calculating the eligible face amount of interim debt for purposes of this limit.(c) Interim debt interest costs.

  • Interim debt may be used if the debt is fully retired within the annual project plan year.

  • Interim debt interest expenses shall be offset with any interest earnings from the investment of the proceeds from the interim debt to determine the amount eligible for SDWLP financial assistance.(b) Interim debt issuance costs.

  • Interim debt relief from IMF, IDA and AfDB amounts US$86.5 million or 49 percent of their total HIPC assistance estimated atdecision point.


More Definitions of Interim debt

Interim debt means any interim loans pursuant to Sections 125291.140 and 125291.145, bond anticipation notes, or commercial paper notes issued to make deposits into the fund and that will be paid from the proceeds of bonds issued pursuant to this article.
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Interim debt means any interim loans pursuant to subdivision
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Interim debt means any interim loans pursuant to Sections 125281.13 (b), 125282.11 and 25282.12, bond anticipation notes or commercial paper notes issued to make deposits into the Fund and which will be paid from the proceeds of bonds issued pursuant to this article.
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Interim debt means any interim loans pursuant to subdivisions (b) and (c) of
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Interim debt means customary “bridge” loans which by their terms will be converted into loans or other Indebtedness that have, or which will be extended such that they have, a maturity date no earlier than the Scheduled Maturity Date of the Term Facility.
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Interim debt means the Debt of KPOP under the Bridge Financing Agreement dated December 18, 1995,
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Related to Interim debt

  • Closing Indebtedness Amount means, as of immediately prior to the Effective Time, the aggregate amount of Indebtedness of the Company, including all accrued and unpaid interest, prepayment penalties or fees, and other unpaid fees and expenses payable in respect of such Indebtedness through the Effective Time.

  • Priority Indebtedness means (a) Indebtedness of the Company or any Subsidiary (other than that described in Section 6.01(e)) secured by any Lien on any asset(s) of the Company or any Subsidiary and (b) Indebtedness of any Subsidiary, in each case owing to a Person other than the Company or any Subsidiary.