IQ Loan Facility definition

IQ Loan Facility means any extension of credit to an Obligor by IQ from time to time for the purpose of financing tax credits for any specific taxation year provided that the aggregate amount of such IQ Loan Facility does not exceed $7,500,000 at any time, each as amended, restated or renewed from time to time.

IQ Loan Facility means any extension of credit to an Obligor by IQ from time to time for the purpose of financing tax credits for any specific taxation year provided that the aggregate amounts owing and outstanding under such IQ Loan Facility does not exceed C$25,000,000 at any time, each as amended, restated or renewed from time to time. 1.1.98 “IQ Security” – means (i) a deed of movable hypothec on a universality of claims made by Alithya Canada in favour of IQ for an amount of $16,666,667 and registered at the Québec register of personal and movable real rights on November 29, 2021 under number 00-0000000-0000, (ii) a deed of movable hypothec on a universality of claims made by Xxxxxxx Canada in favour of IQ for an amount of $19,446,200, plus 20% of such amount, and registered at the Québec register of personal and movable real rights on November 09, 2022 under number 00-0000000-0000, and (iii) each subsequent deed of movable hypothec or other security document granted by any Obligor in favour of IQ strictly to finance an IQ Loan Facility and not the IQ Subordinated Debt. 1.1.99 “IQ Subordinated Debt” – means, collectively, the two subordinated loans in the amount of $10,000,000 each (maximum $20,000,000 in total) granted by IQ to the Borrower under or pursuant to a “convention de prêt amendée et réitérée” dated January 28, 2022, as amended, replaced, restated, supplemented or otherwise modified from time to time, in form and substance reasonably satisfactory to the Lenders and the Agent. 1.1.100 “IQ Subordination Agreement” – means the “convention de subordination et d’atermoiement” dated September 28, 2021 entered into between IQ and the Agent, as amended by an “amendement à la convention de subordination et d’atermoiement” dated January 28, 2022, as further amended, replaced, restated, supplemented or otherwise modified from time to time. 1.1.101 “ISDA Master Agreement” – means the applicable standard Master Agreement of the International Swaps and Derivatives Association, Inc. in effect from time to time and includes all its schedules, credit support annexes and all confirmations documented pursuant thereto. 1.1.102 “Issuing Bank” – has the meaning ascribed to such term in the Provisions. On the date hereof, BNS is an Issuing Bank. 1.1.103 “ITA” – means the Income Tax Act (Canada) and the regulations promulgated thereunder, as amended, supplemented or re-enacted from time to time. 1.1.104 “Landlord Agreement” – means a landlord agreement entered into from time to ti...

IQ Loan Facility means any extension of credit to an Obligor by IQ from time to time for the purpose of financing tax credits for any specific taxation year provided that the aggregate amount of such IQ Loan Facility does not exceed $17,000,000 C$25,000,000 at any time, each as amended, restated or renewed from time to time.” 2.3 Section 1.1.88 of the Amended and Restated Credit Agreement is hereby deleted and replaced with the following: “1.1.88 “IQ Security” – means (i) a deed of movable hypothec on a universality of claims made by Xxxxxxx Canada in favour of IQ for an amount of $16,666,667 and registered at the Québec register of personal and movable real rights on November 29, 2021 under number 00-0000000-0000, (ii) a deed of movable hypothec on a universality of claims made by Alithya Canada in favour of IQ for an amount of $19,446,200, plus 20% of such amount, and registered at the Québec register of personal and movable real rights on November 09, 2022 under number 00-0000000-0000, and (iii) each subsequent deed of movable hypothec or other security document granted by any Obligor in favour of IQ strictly to finance an IQ Loan Facility and not the IQ Subordinated Debt.” 2.4 Section 12.1.11 of the Amended and Restated Credit Agreement is hereby deleted and replaced with the following: “12.1.11

Examples of IQ Loan Facility in a sentence

• The IQ Loan Facility was collateralized by a first ranking hypothec (or security interest) of approximately $9,400 (CAN$11,000) and additional hypothec of approximately $1,900 (CAN$2,200) on all current and future assets of the Company, including property and equipment and intellectual property, but excluding all the oritavancin assets acquired from InterMune in December 2005 under the Asset Purchase Agreement.

• As per the direction of the Chairman, NCRPB during the Board meeting, a Conference was organised on 17.01.2020 at Vigyan Bhawan, to discuss the recommendations/Options suggested in the draft Report.

• As long as any balance was outstanding under the IQ Loan Facility, dividends declared on Series B Redeemable Convertible Preferred Stock would be settled only by the issuance of additional Series B Redeemable Convertible Preferred Stock.

• Interest expense on the IQ Loan Facility was $573, $681 and $1,655 for the years ended December 31, 2007 and 2006 and for the period from May 20, 1997 (date of inception) to December 31, 2008, respectively.

• These spaces will be designated for visitors to the Oncology Centre and the Eye Unit.

• The generated test cases are both effective in finding faults and efficient when executed.We have already shown over several case studies the value of the generated tests.

• Secondly, they also fear that cutting tari s for EU products would result in a sizable loss of tari revenue that would hurt their public budgets (Fontagn et al., 2011).