Interim Loan means the “Interim Loan” under and as defined in the New Term and Interim Loan Credit Agreement.
Interim Loan shall have the meaning given such term in Section 10 hereof;
Interim Loan means a Loan made on the Closing Date.
Examples of Interim Loan in a sentence
The Borrower to which an Interim Loan has been made shall pay the unpaid accrued interest on that Interim Loan on the last day of each relevant Interest Period (or, in the case of a Compounded Rate Loan, if later than the last day of the relevant Interest Period or other period, the date falling 3 Business Days from the date on which the Interim Facility Agent notifies the Company in writing of the amount of the relevant interest to be paid).
The Borrower (or the Company) may, if it gives the Interim Facility Agent not less than three Business Day’s (or such other period as the Interim Facility Agent may agree) prior notice, prepay the whole or any part of any Interim Loan or Utilisation.
More Definitions of Interim Loan
Interim Loan means the principal amount allocated by the Original Purchaser and loaned to the City under the Program, equal in amount to the principal amount of the Note;
Interim Loan has the meaning set out in Section 2.4(a);
Interim Loan has the meaning assigned to such term in the third recital hereof.
Interim Loan means an interim borrowing provided to the Company by any of the Members prior to the SCP PIMCO Threshold Date. The terms and conditions of each Interim Loan shall be subject to Manager Approval and each of the Members shall be provided with the opportunity to participate as a lender with respect to each Interim Loan, on a pro rata basis.
Interim Loan means a temporary loan, whether or not interest bearing, provided by the Trust to a Borrower in accordance with a Financing Agreement for all or any part of the Cost of a Project and funded by the Trust from amounts held in or for the account of the Interim Loan Fund hereunder;