OCR Loan definition

OCR Loan means the loan referred to in Recital (B) of this Loan Agreement;
Sample 1
OCR Loan has the meaning given in Recital B to this Loan Agreement;
Sample 1
OCR Loan means the loan referred to in Recital (C) of this Loan
Sample 1

Examples of OCR Loan in a sentence

  • The Borrower confirms that all such Advance Contracting has been carried out in a manner consistent with the requirements of this Loan Agreement and OCR Loan Agreement.

  • Table 8.1: Allocation and Withdrawal of Loan Proceeds (ADB OCR Loan) No. a Subject to the condition for withdrawal described in paragraph 6 of Schedule 2 of the Loan Agreement (current project).Source: Asian Development Bank estimates.

  • The above allocation of the OCR Loan proceeds is subject to review and reallocation, in consultation with the Borrower, based on each executing agency’s performance evaluation from time to time.

  • Any spill should be fully contained to avoid any harm to the surrounding environment.

  • Disbursement is subject to the condition for withdrawal described in the OCR Loan Agreement.

  • All resettlement compensation costs for Component 1 will be refunded to the Government from the ADB OCR Loan.

  • Subsequently, on 17 September 2021, the Board approved revised OCR Loan Regulations to give effect to the terms of the FLP (effective 1 January 2022).

  • The following is specified as an additional event for suspension of the right of the Borrower to make withdrawals from the Loan Account for the purposes of Section 8.01(m) of the Loan Regulations: the OCR Loan Agreement shall have become liable for suspension or cancellation or shall have become repayable prior to its agreed maturity date.

  • The Borrower, through HRMG, shall discuss and agree with ADB on the indicators and baseline data prepared by the consultants prior to the commencement of civil works financed by this Loan Agreement and the OCR Loan Agreement, and ensure that the consultants shall monitor and compare the data during the Project implementation and at Project completion, and submit monitoring and evaluation reports to ADB one month after the completion of their field work.

  • The following is specified as an additional condition to the effectiveness of this Loan Agreement for the purposes of Section 9.01(f) of the Loan Regulations: the OCR Loan Agreement shall have been duly executed and delivered on behalf of the Borrower and all conditions to its effectiveness (other than a condition requiring effectiveness of this Loan Agreement) shall have been fulfilled.

Related to OCR Loan

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

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

  • PPP Loan has the meaning set forth in Section 3.28.

  • 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.

  • 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.

  • CD Loan means (i) a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election or (ii) an overdue amount which was a CD Loan immediately before it became overdue.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • LIBOR Loan means any portion of a Loan (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.

  • Term SOFR Rate Loan means a Loan made hereunder with respect to which the interest rate is calculated by reference to Term SOFR (other than a Loan for which clause (c) of the definition of Base Rate is used to determine Base Rate).

  • 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;

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

  • ABR Loan means any Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Dollar Loan means a Loan denominated in Dollars.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Eurodollar Loan means a Loan bearing interest based at a rate determined by reference to the Eurodollar Rate.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.

  • Bid Rate Loan means a loan made by a Lender under Section 2.2.

  • LIBOR Rate Loan means a Loan that bears interest based on LIBOR.

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

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • Term Loan as defined in Section 2.1.

  • Canadian Base Rate Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Canadian Base Rate in accordance with the provisions of Article II.