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 finance a project temporarily until permanent financing is obtained.

Examples of Interim Financing in a sentence

• Reimbursement of county costs from State Financing shall be limited to those costs permitted under Article 1(A) of Exhibit A and/or specifically identified in Exhibit B as “Eligible State Costs” provided, however, the State’s obligations to reimburse Participating County for any State Financing is contingent on (1) the availability of Interim Financing and (2) even if Interim Financing is provided, the successful sale of bonds sufficient to cover all remaining Eligible State Costs.

• The amount contributed by OV2 to Reorganized EFIH will be used to repay any amounts outstanding under the Reorganized EFIH Interim Financing Facility.

• The cash flow statements filed with the Court show that the Wabush CCAA Parties need the funds from the Interim Financing to meet their current obligations other than the special payments.

• All the terms under the GZE Excess Liabilities Undertaking, the Working Capital Loan Agreement, the Debt Rescheduling Agreements, the Interim Financing Agreements, the Loan Rescheduling Agreements and the GZE Purchase Order MOU in relation to the debt restructuring have become effective on 24 June 2016.

• The business being assisted by the IFP grantee must secure an unconditional, irrevocable letter of credit for the full amount of the Interim Financing Loan (principal plus any accrued interest to term) from a lending institution acceptable to DECD which will be assigned to the State.

More Definitions of Interim Financing

Interim Financing means a debt necessary to tempo- rarily finance a project until permanent financing can be obtained from the clean water fund program.

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 a debt of a municipality incurred to temporarily finance a project until permanent financ- ing is obtained from the department under this chapter.

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 an interim financing entered into by EFSF to fund a Financial Assistance in accordance with Clause 3(6)(e) by way of issuing or entering into Funding Instruments on an interim basis such as short term debt instruments, treasury lines, including any roll over, renewal or re-financing of such financings on an interim basis, which financings may be re-financed by one or more Definitive Financings. For the avoidance of doubt, the term "Interim Financing" shall also include a re-financing of a Definitive Financing of the whole or part of a Financial Assistance by way of such financings on an interim basis pending a re-financing of the whole or part of such Financial Assistance by way of Definitive Financings.