NIB Loan definition

NIB Loan means the aggregate of the Tranche I NIB Loan and the Tranche II NIB Loan.
Sample 1Sample 2
NIB Loan means the loan to be provided by NIB to the Borrower pursuant to the NIB Loan Agreement.
Sample 1
NIB Loan means the loan in the maximum principal amount of EUR 80,000,000, to be provided by NIB to the Borrower pursuant to the NIB Loan Agreement, or, as the context may require, the principal amount thereof from time to time outstanding.
Sample 1

Examples of NIB Loan in a sentence

  • The Borrower shall pay to NIB, at the same time as any mandatory prepayment is made under this Section 3.09, all accrued interest and other amounts payable on the principal amount of the NIB Loan to be so prepaid and all other amounts due hereunder in respect of such mandatory prepayment, including without limitation any unwinding costs, which may arise as provided under Section 3.14.

  • Each determination by NIB of the interest rate applicable to any portion of the NIB Loan shall be final, conclusive and binding upon the Borrower unless shown by the Borrower to the satisfaction of NIB that any such determination has involved clerical error.

  • The Borrower shall take all steps and actions to ensure that the Existing Loans Indebtedness is repaid on the date of first Disbursement of the Tranche I NIB Loan hereunder, and that simultaneously with such repayment, the Existing Loans Repayment Confirmations are delivered to the Conditional Discharge Escrow Agent and the Conditional Discharge is released from escrow.

  • STA aims for all tests following that to have a similar level of difficulty.

  • He is requested to make necessary arrangements for uploading the NIQ with relevant documents in the Assam Agricultural University website.

  • In respect of any Disbursement of the Tranche II NIB Loan, the proceeds of such Disbursement shall be needed and used by the Borrower solely for the purposes of Capital Expenditures incurred or paid for after the date of this Agreement or for payment of the UMTS License Costs in connection with the Project and NIB shall have received such evidence as to the proposed utilisation of the proceeds of such Disbursement and the utilisation of the proceeds of any prior Disbursement as NIB reasonably requests.

  • In your opinion, does your company align Corporate Social Responsibility with Financial priorities?o Yeso No12.

  • On termination of the Tranche II Commitment Period, the Borrower shall be deemed to have cancelled any then undisbursed portion of the Tranche II NIB Loan and shall pay to NIB on the date of such termination the cancellation fee specified above.

  • Amounts of the Tranche II NIB Loan which are cancelled by the Borrower may not be reinstated.

  • The Borrower fails to pay when due any principal of or interest on, the NIB Loan as required by this Agreement.

Related to NIB Loan

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • PPP Loan means the loan in principal amount of $673,184 issued to the Company by the PPP Lender pursuant to the promissory note dated April 20, 2020.

  • 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.

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

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

  • 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.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

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

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower 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 C Loan is defined in Section 2.2(a)(iii) hereof.

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

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

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

  • Term SOFR Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

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

  • Term B-2 Loan means the Loan in the amount set forth in Section 2.01(a)(i).

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Co-op Loan A Mortgage Loan secured by the pledge of stock allocated to a dwelling unit in a residential cooperative housing corporation and a collateral assignment of the related Co-op Lease.

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

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • DIP Loan Any Loan (i) with respect to which the related Obligor is a debtor-in-possession as defined under the Bankruptcy Code, (ii) which has the priority allowed pursuant to Section 364 of the Bankruptcy Code and (iii) the terms of which have been approved by a court of competent jurisdiction (the enforceability of which is not subject to any pending contested matter or proceeding).