Loan Outstanding means the aggregate of the amounts disbursed from time to time by the Bank under this Contract that remains outstanding.
Loan Outstanding means all principal, interests, costs, expenses, charges and other moneys which are or may become payable by GF CSS and other Obligors to the Transferor under or pursuant to the Loan Documents and includes (i) the interest subsidy payable by GFHK on the Loan Outstanding on terms of the Master Loan Agreement and (ii) all other amounts falling within the definition of “Loan Outstanding” contained in clause 1.1 of the Master Loan Agreement;
Loan Outstanding means the Capital Outstanding together with all accrued but unpaid and uncapitalised interest thereon;
Examples of Loan Outstanding in a sentence
EXHIBIT A AGGREGATE PRINCIPAL AMOUNT OF THE LOAN OUTSTANDING Date Draw Request No. Amount ($) of Draw (Request) Aggregate Amount of Loan Outstanding TOTAL $ EXHIBIT B FORM OF INITIAL DRAW REQUEST DRAW REQUEST NO.
Any such sale, assignment, transfer of the Loan, Outstanding Amount and rights/obligation of USFB shall conclusively bind the Borrower.
If, after the lapse of 30 (thirty) days from the date of such request for consultation the Bank is of the opinion that the effects of the Change-of-Law Event cannot be mitigated to its satisfaction, the Bank may by notice to the Borrower, cancel the undisbursed portion of the Credit and demand prepayment of the Loan Outstanding, together with accrued interest and all other amounts accrued or outstanding under this Contract.
The Borrower shall repay all or part of the Loan Outstanding (as requested by the Bank) forthwith, together with accrued interest and all other accrued or outstanding amounts under this Contract, upon written demand being made by the Bank in accordance with the following provisions.
During the fiscal year ended October 31, 2014, the Fund had borrowings under the Credit Agreement as follows: Average Daily Loan Balance Weighted Average Interest Rate% Maximum Daily Loan Outstanding $141,578,082 1.300% $148,000,000 The Fund’s borrowings under its credit facility at October 31, 2014 equaled approximately 32% of the Fund’s total assets (including the proceeds of such leverage).
More Definitions of Loan Outstanding
Loan Outstanding means the aggregate of all outstanding amounts payable under the Loan Facility;
Loan Outstanding means the aggregate of the amounts disbursed from time to time by the Bank under this Contract that remains outstanding. “Manufacturing Plant” means the biotechnology manufacturing plant of the Borrower, located at the “Xxxxx” Campus in Toulouse, France. "Material Adverse Change" means, any event or change of condition, which, in the reasonable opinion of the Bank, has a material adverse effect on: (a) the ability of the Borrower to perform its obligations under the Finance Documents; (b) the business, operations, property, or financial condition or prospects of the Borrower or the Group as a whole; or (c) the legality, validity or enforceability of, or the effectiveness or ranking of, or the value of any Security granted to the Bank, or the rights or remedies of the Bank under the Finance Documents. "Material Subsidiary" means any Subsidiary of the Borrower from time to time, whose gross revenues, Total Assets or Adjusted EBITDA represents not less than 10% of (i) the consolidated gross revenues of the Group or, (ii) the consolidated Total Assets of the Group or, (iii) as the case may be, the consolidated Adjusted EBITDA of the Group, as calculated based on the then latest consolidated annual audited accounts of the Group, which shall be prepared in accordance with GAAP as applied by the Borrower on the date of this Contract and as GAAP is amended from time to time and tested annually. "Maturity Date" means, for each Tranche, the sole repayment date of that Tranche as specified in the relevant Disbursement Offer, being 7 (seven) years from the Disbursement Date of the relevant Tranche. “Net Debt” means (according to the relevant Annual Financial Statement and calculated as for the balance sheet date), any Indebtedness (a) plus other interest carrying debt, (e.g. actuarial loans, financial lease obligations (excl. operating lease obligations), bonds, promissory notes, shareholder loans, subordinated loans, silent partnerships); (b) minus Cash and Cash Equivalent Investments. "Net Debt Leverage Ratio Test" means the test which will be met in respect of a financial year if the ratio of the aggregate Indebtedness of the Group (excluding intra-Group Indebtedness) net of Cash and Cash Equivalent Investments as at the end of such financial year to Adjusted EBITDA (for the immediately preceding 12-month period) in respect of such financial year is no higher than 3.5:1. "Non-EIB Financing" includes any loan (save for the Loan and any other direct loans from the Ba...
Loan Outstanding means the total of all Drawings made at that time, to the extent not reduced by repayments, prepayments, cancellations and voluntary reductions. "Majority Lenders" means a Lender or Lenders whose Commitments aggregate equal to or greater than 662/3% of the Total Commitments (or, if the Total Commitments have been reduced to zero, aggregated more than 662/3% of the Total Commitments immediately prior to the reduction). "Management Agreements" means the agreement(s) for the commercial and/or technical management of the Collateral Vessels entered into between (i) the Collateral Owners and (ii) the Approved Managers (unless the Approved Manager is the Borrower, Teekay, Teekay Marine (Singapore) Pte. Ltd. or any other member of the Borrower Group or the Teekay Group). "Managers' Confirmations" means the written confirmations of the Approved Managers (unless the Approved Managers are the Borrower, Teekay, Teekay Marine (Singapore) Pte. Ltd. or any other member of the Borrower Group or the Teekay Group) that throughout the Facility Period unless otherwise agreed by the Agent: (a) they will not, without the prior written consent of the Agent, subcontract or delegate the commercial or technical management of the Collateral Vessels (as the case may be) to any third party; and (b) following the occurrence of an Event of Default which is continuing unremedied and unwaived, all claims of the Approved Managers against the Collateral Owners (less any agreed reasonable deductible) shall be subordinated to the claims of the Finance Parties under the Finance Documents. "Margin" means 2% per annum.
Loan Outstanding means the aggregate of the amounts disbursed from time to time by the Bank under this Contract that remains outstanding. "Long Stop Date" means the date falling on 30 June 2029, irrespective of the Commercialization date. "Material Adverse Change" means, any event or change of condition, which, in the opinion of the Bank has a material adverse effect on: (a) the ability of the Borrower or the Group taken as a whole to perform its obligations under the Finance Documents; (b) the business, operations, property, condition (financial or otherwise) or prospects of the Borrower or the Group as a whole; or (c) the legality, validity or enforceability of, the rights or remedies of the Bank under the Finance Documents. "Material Subsidiary" means any Subsidiary of the Borrower from time to time, whose gross revenues, total assets or EBITDA represents not less than 5% of (i) the consolidated gross revenues of the Group or, (ii) the consolidated total assets of the Group or, (iii) as the case may be, the consolidated EBITDA of the Group, as calculated based on the then latest consolidated audited accounts of the Group. "Maturity Date" means: (a) for the First Tranche, the sole Repayment Date of that Tranche being the earliest among: (i) the Third Royalty Payment Date; or (ii) the Long Stop Date; and (b) for the Second Tranche, the last Repayment Date of that Tranche, being the earliest among: (i) the Second Royalty Payment Date; or (ii) the Long Stop Date. “Minimum Shareholding” means 50,000 shares, or in the case of a share split following the date of signature of the Finance Contract, a number of shares representing the same proportion of shares to the fully diluted shareholding of the Borrower following such share split as at the date of signature of the Finance Contract. "Nanobiotix Upfront or Milestone Amount" means any upfront amount to be received in aggregate by the Group Company in connection with one or more Deal(s) with a Partner. For the sake of clarity, upfront amount is understood as the initial consideration for entering into a Deal and a milestone amount is understood as the consideration for achieving development or regulatory milestone event by the Borrower. "New Shareholder Injections" means the aggregate amount subscribed for by any person (other than a Group Company) for ordinary shares in the Borrower or for subordinated loan notes or other subordinated debt instruments in the Borrower on terms acceptable to the Bank. "Net Sales" means the total...
Loan Outstanding is equal to that amount shown in Appendix C – ‘the Loan Repayment Schedule’ basis 8 years profile (but 5 years BBC period i.e. 3 years equivalent balloon left).
Loan Outstanding means thebalance at any time of a Loan.