Loan 3 definition

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.
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Loan 3 the secured loan with a principal amount of HK$31.99 million to be granted by OFA to the Customer pursuant to Loan Agreement 3 “Loan Agreement 1” the loan agreement dated 24 August 2020 entered into between OFA and the Customer in respect of Loan 1
Sample 1
Loan 3 means the tenn loan established for Borrowers pursuant to Section 2.1. C. "Loans" shall mean Loan 1, Loan 2, Loan 3 and each other loan governed by this Agreement. The term "Loan" may refer to any of the Loans, individually.
Sample 1

Examples of Loan 3 in a sentence

  • Each request for a Revolving Loan shall, among other things, specify (1) the date of the proposed Revolving Loan, which shall be a Business Day, (2) the amount of the Revolving Loan, (3) whether it is to be a Base Rate Loan or a LIBOR Loan, and (4) the LIBOR Loan Period, if applicable.

  • Loan 3 – In March 2017, the Company’s wholly-owned subsidiary, CEMATRIX (Canada) Inc., entered into an agreement with the BDC for a loan of $100 to fund the first-year costs related to a program offered by the BDC that will assist the Company in establishing its growth strategy.

  • Loan #3 WGC Driving Range & Proshop In addition to the loan from Western Australian Treasury Corporation, an internal loan of $3.6 million has been funded from the Endowment Lands Account.

  • For Loan 3, the BDC will, within 24 months of the loan, and provided there are no adverse material changes, re-advance, one time only, any repaid portion of the loan in an amount not less than $10,000 under the same terms and conditions, other than a revised amortization period and maturity date, if applicable.

  • Loan 3 (Kirkglade) and Loan 5 (Fern) remain on the Servicer Watchlist due to LTV breaches.

  • The Borrower shall give the Bank written or oral notice (effective upon receipt) of any Revolving Credit Loans under this Agreement on the Business Day for each such Loan, specifying: (1) the date of such Loan; (2) the amount of such Loan; (3) the type of Loan; and (4) in the case of a LIBOR or Fixed Rate Loan, the duration of the Interest Period applicable thereto.

  • On or prior to the Closing Date, the Bank shall have received a duly executed Revolving Note, Real Estate Term Loan 1 Note, Real Estate Term Loan 2 Note, Real Estate Term Loan 3 Note, and Real Estate Term Loan 4 Note, each dated as of the Closing Date and complying with the provisions of Section 2 hereof.

  • Each Notice of Borrowing or telephonic request for a Committed Loan shall specify (1) the date of such Committed Loan, (2) the amount of such Committed Loan, (3) whether such Committed Loan is to be a Base Rate Loan or a Eurodollar Committed Loan, and (4) if such Committed Loan is to be a Eurodollar Committed Loan, the Interest Period with respect thereto.

  • The Borrower shall give the Agent notice of any Loans under this Agreement, on the Business Day of each ABR Loan, and at least three (3) Business Days before each LIBOR Loan, specifying: (1) the date of such Loan; (2) the amount of such Loan; (3) the type of Loan (whether an ABR Loan or a LIBOR Loan); and (4) in the case of a LIBOR Loan, the duration of the Interest Period applicable thereto.

  • Each Loan Request shall, among other things, specify (1) the proposed Drawdown Date of the Loan, which shall be a Business Day, (2) the principal amount of the Loan, (3) whether it is to be a Reference Rate Loan or a LIBOR Loan, and (4) the LIBOR Loan Period, if applicable.


More Definitions of Loan 3

Loan 3. U.S. $1,000,000.00, pursuant to Loan Agreement dated as of December 18, 1996; U.S. $500,000.00 of Loan 3 has been advanced to date and that amount, together with accrued interest, was outstanding as of December 31, 1996; and
Sample 1

Related to Loan 3

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term Loan has the meaning specified in Section 2.01(b).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Loan Note means each Loan Note of the Borrower in the form of Exhibit C attached hereto, payable to the order of a Funding Agent for the benefit of the Lenders in such Funding Agent’s Lender Group, in the aggregate face amount of up to such Lender Group’s portion of the Maximum Facility Amount, evidencing the aggregate indebtedness of the Borrower to the Lenders in such Funding Agent’s Lender Group.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.

  • Term Loan Note means a promissory note made by the Borrower in favor of a Term Loan Lender evidencing the portion of the Term Loans made by such Term Loan Lender, substantially in the form attached as Exhibit A-3, and any substitutes therefor, and any replacements, restatements, renewals or extension thereof, in whole or in part.

  • Loan Date means the date of the Loan Agreement as set forth in Exhibit A.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Loan Notes means the promissory notes evidencing the Loans in the aggregate original principal amount of Two Hundred Million Dollars ($200,000,000) executed by Borrower in favor of Lenders, as they may be amended, supplemented, replaced or modified from time to time. The Loan Notes and any replacements thereof shall be substantially in the form of Exhibit C.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.