Interim Financing definition

Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;
Interim Financing means any funds, whether provided by an existing or new creditor, that is reasonably and immediately necessary for the debtor's business to continue operating or to survive, or to preserve or enhance the value of that business pending the confirmation of a restructuring plan;
Interim Financing means a debt necessary to tempo- rarily finance a project until permanent financing can be obtained from the clean water fund program.

Examples of Interim Financing in a sentence

  • The chairperson explained to the meeting that the Company (as company) had previously entered into an up to £201,000,000 interim facilities agreement dated 17 July 2023 with, amongst others, Seed Midco Limited (as parent) and Ares Management Limited (as interim facility agent and interim security agent) (the Interim Facilities Agreement) and other related documents to, amongst other things, finance the acquisition of Xxxxxxx House plc (the Interim Financing).

  • It was further noted that in connection with the Interim Financing, Seed Midco Limited (as debtor) had entered into an interim security interest agreement dated 17 July 2023 with Ares Management Limited (as secured party) over the shares held by Seed Midco Limited in the Company (the Interim SIA).


More Definitions of Interim Financing

Interim Financing means a debt necessary to finance a project temporarily until permanent financing is obtained.
Interim Financing means a debt incurred by a munici- pality to temporarily finance a scored project until permanent financing is obtained from the CWFP.
Interim Financing means the issuance of Bond Anticipation Notes as approved by the City Council's adoption of water utility revenue bond ordinances.
Interim Financing means the installment purchase transaction to be entered into in anticipation of the Permanent Financing, all for the purposes of refinancing or financing the Project, and consisting of the issuance of the Interim Bond.
Interim Financing as used in the Agreement shall include segment 1 above.
Interim Financing means a debt incurred by a municipality to temporarily finance a scored project until permanent financing is obtained from the CWFP.
Interim Financing means a debt of a municipality incurred to temporarily finance a project until permanent financ- ing is obtained from the department under this chapter.