Loan Claim definition

Loan Claim means any Claim against a Debtor derived from, based upon, or secured by the Prepetition Credit Agreement (other than any such Claim that has been rolled up into the DIP Facility and other than in respect of the Existing Hedges).
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Loan Claim means, in respect of each Obligor, all claims in excess of R50 000 000 (Fifty Million Rand) that such Obligor has against any Group Company (other than another Obligor) in respect of any shareholder or intercompany loan made by that Obligor to that Group Company and “Loan Claims” means, as the context requires, all of them;
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Loan Claim means any Claim on account of the Loans, including, without limitation, all interest, fees and expenses related thereto.
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Examples of Loan Claim in a sentence

  • The DIP Loan Claim shall be Allowed in an amount equal to the amount of such DIP Loan Claim accrued or incurred as of the Effective Date, without setoff, deduction or counterclaim, subject to the provisions of the Interim DIP Loan Order, Final DIP Loan Order, DIP Facility Documents, and this Plan.

  • On the Effective Date, except to the extent that the Holder of the Allowed DIP Loan Claim agrees to a less favorable treatment, the Allowed DIP Loan Claim shall be refinanced and converted into Exit Financing which, in addition to the New Liquidity Facility, shall consist of a $3.25 million post-petition term loan facility pursuant to the terms and conditions of the applicable Exit Financing Documents to be executed between Debtor KPE LP, the DIP Lender, and TCB.

  • The DIP Loan Claim shall mature and be payable to the DIP Lender in accordance with the terms and conditions of the applicable Exit Financing Documents between Debtor KPE LP and BTS Enterprises.

  • Specifically, TCB, as assignee of the DIP Loan Claim from BTS Enterprises pursuant to the Final DIP Loan Order and that certain Collateral Assignment of Note, shall retain its second priority DIP Liens (subordinated only to the TCB Secured Claim) and security interest in, to and against the applicable collateral for all amounts relating to its DIP Loan Claim.

  • BTS Enterprises shall retain its second priority DIP Liens (subordinated only to the TCB Secured Claim) and security interest in, to, and against the applicable collateral for all amounts relating to its DIP Loan Claim, including all rights granted to BTS Enterprises in the DIP Note, DIP Facility Documents, Interim DIP Loan Order, and Final DIP Loan Order, which shall be collaterally assigned to TCB.


More Definitions of Loan Claim

Loan Claim shall have the meaning ascribed thereto in clause 2.1;
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Loan Claim means a claim for the Loan (in full or part) under the terms of this Agreement; "Local Growth Fund" has the meaning given to it in recital B of this Agreement;
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Loan Claim has the meaning given to such term in clause 6.2;
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Loan Claim means the claim related to the Individual Loan.
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Loan Claim means any Claim against a Debtor derived from, based upon, or secured by the Prepetition Credit Agreement (other than any such Claim that has been rolled up into the DIP Facility).
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Loan Claim means a claim of a Shareholder against Katla on loan account;
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Loan Claim means any Claim on account of the Loans plus accrued interest through the Effective Date at the default rate, as well as any other fees, expenses, or other obligations owed to the Senior Secured Parties under the Loan Agreement, the Hedging Agreements, and any related documents.
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