Loan 2 definition

Loan 2 means the second tranche of the Investment Program, namely the Power Transmission Investment Project 2;
Loan 2 the secured loan with a principal amount of HK$4.55 million to be granted by OFA to the Customer pursuant to Loan Agreement 2
Loan 2 means the revolving credit loan established for Borrowers pursuant to Section 2.1. B.

Examples of Loan 2 in a sentence

  • Indemnitors acknowledge that: (1) they will receive direct and indirect benefits from the Loan; (2) that SBA and Lender have relied and will rely on the representations, warranties, covenants and agreements herein in closing and funding the Loan; and (3) that the execution and delivery of this Agreement is an essential condition but for which SBA and Lender would not make the Loan.

  • The compensation system employed by an Ameriquest Party may not provide incentives that encourage its employees: (1) to include a Prepayment Penalty provision in a Loan, (2) to quote a Potential Borrower an interest rate inconsistent with the Same Rate Available provision of this Settlement Agreement, or (3) to otherwise increase compensation based on Loan fees or Closing costs.

  • All Exhibits hereto are deemed a part of this Agreement, incorporated and made a part of this Agreement, including: (1) Exhibit "A" – Legal Description of Real Property Securing Loan; (2) Exhibit "B" – Environmental Investigation Report; and (3) Exhibit "C" – Memorandum of SBA Environmental Indemnification Agreement.

  • Guarantor Beginning with Fiscal Year ended December 31, 2016, annual audited financial statement prepared by a CPA in accordance with GAAP, and certified by each reporting party, which shall include balance sheets and income statements, with any noted contingent liabilities as well as a schedule of real estate holdings Within 120 days after the end of each fiscal year during the term of the Loan 2.

  • The Term Facility is comprised of three tranches: Term Loan 1 which is in an amount of £75,000,000, Term Loan 2 which is in an amount of £75,000,000 and Term Loan 3 which is in an amount of £150,000,000.


More Definitions of Loan 2

Loan 2 has the meaning set forth in Clause 22.2.1.
Loan 2 have the meaning given to them in the Shareholders Agreement.
Loan 2. U.S. $125,000.00, pursuant to Loan Agreement dated as of August 28, 1995; the outstanding balance of Loan 2 as of December 31, 1996 was U.S. $36,826.00 consisting of U.S. $26,000.00 of principal and U.S. $10,826.00 of accrued interest;
Loan 2 to IVC RSA 2-I, Gemcell, Inc. pledged its partnership interests in IVC RSA 2-II and IVC RSA 2-III to the RTFC, pursuant to the provisions of that certain Partnership Interest Pledge and Security Agreement as dated February 4, 1993, and as
Loan 2. Working capital revolving line of credit loan (together with Loan 1, the “Loans”).
Loan 2 to IVC RSA 2-I, Gemcell, Inc. pledged its partnership interests in IVC RSA 2-II and IVC RSA 2-III to the RTFC, pursuant to the provisions of that certain Partnership Interest Pledge and Security Agreement as dated February 4, 1993, and as subsequently amended October 1, 1994, to include the loan described above as "Loan 3" to IVC RSA 2-I. With respect to the loan described as "Loan 2" to IVC RSA 2-II, Gemcell, Inc. pledged its partnership interest in IVC RSA 2-III to the RTFC, pursuant to the provisions of that certain Partnership Interest Pledge and Security Agreement as dated December 9, 1992, and as subsequently amended October 1, 1994, to include the loan described above as "Loan 3" to IVC RSA 2-II. With respect to the loan described as "Loan 2" to IVC RSA 2-III, Gemcell, Inc. pledged its partnership interest in IVC RSA 2-II to the RTFC, pursuant to the provisions of that certain Partnership Interest Pledge and Security Agreement as dated December 7, 1992, and as subsequently amended October 1, 1994, to include the loan described above as "Loan 3" to IVC RSA 2-III. See Schedule 2.14(a) for recording information relating to such pledged partnership interests. IVC RSA 2-I is owned 40% by Contel Cellular of Illinois, Inc. (now GTE), as a general partner, and 60% by the subsidiaries or affiliates of nine (9) independent telephone companies (the Company's subsidiary, Gemcell, Inc. owns a 6.66% general partnership interest.) The same information is also true as to RSA 2-II and RSA 2-III, except that in RSA 2-II Centel Cellular Company (now Sprint) is the 40% general partner and in RSA 2-III Illinois SMSA Limited Partnership and Chicago SMSA Limited Partnership, both of which are controlled by Ameritech Mobile Communications, Inc., are each a 20% general partner.