Loan obligation means a bond, note, or other evidence of an obligation issued by a qualified borrower.
Loan obligation means a bond, note, or other evidence of obligation issued by a project sponsor to evidence its indebtedness under a loan agreement with respect to a loan.
Loan obligation means that amount of Bonds issued by the Bank which shall be equal to the principal amount of Municipal Bonds outstanding of a Governmental Unit, as certified to the Trustee by the Bank.
Examples of Loan obligation in a sentence
If consistent with the Servicing Standard (and, if applicable the relevant Participation Agreement), the Portfolio Asset Servicer, if directed by the Borrower, shall accelerate or vote to accelerate, as applicable, the maturity of all or any Scheduled Payments and other amounts due under any Portfolio Asset promptly after such Portfolio Asset owned by, or Underlying Loan Obligation with respect to, the Borrower, as applicable, becomes defaulted.
More Definitions of Loan obligation
Loan obligation means a bond, note, or other evidence of obligation issued by a local government to evidence its indebtedness under a loan agreement or otherwise with respect to a loan.
Loan obligation and “Loan Obligations”: Any Whole Loan or Senior Participation acquired by the Issuer in accordance with the provisions of this Indenture.
Loan obligation means any debt incurred by an Eligible Owner and secured by
Loan obligation. Each Whole Loan or Participation identified on Exhibit A hereto.
Loan obligation means the total amount owing from time to time by the Company, excluding any amount owing by the Company in respect of its share capital, the aggregate of the amounts transferred in terms of the Act to the reserves and provisions of the Company and any debt to be discharged from monies in the Levy fund referred to in Article 9 of the MOI.
Loan obligation means a commercial loan.
Loan obligation means a debt obligation other than a security.