OCR Loan definition

OCR Loan means the loan referred to in Recital (B) of 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.

  • 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.

  • Except as ADB may otherwise agree, the Borrower shall procure, or cause to be procured, the items of expenditure to be financed out of the proceeds of the Loan in accordance with the provisions of Schedule 3 to the Initial OCR Loan Agreement.

  • In connection with this approval, ADB previously sought your consent to the application ofthe amended OCR Loan Regulations (the “Amendment Letter”).

  • 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.

  • Table 12: Projected Contract Awards and Disbursements – ADB OCR Loan ($ Million)YearContract Awards (in $ million)Disbursements (in $ million)Q1Q2Q3Q4TotalADB = Asian Development Bank, OCR = ordinary capital resources, Q = quarter.

  • ADF Loan 22.50 21.50 OCR Loan 27.50 26.30 UEIF-UFPFb 3.70 3.50 ADB = Asian Development Bank, ADF = Asian Development Fund, MFF = Multitranche Financing Facility, OCR = ordinary capital resources, UEIF = Urban Environmental Infrastructure Fund.

  • The following are specified as additional conditions to the effectiveness of this Loan Agreement for the purposes of Section 9.01(f) of the General Conditions: the OCR Loan Agreement has been duly authorized or ratified by, and executed and delivered on behalf of the Borrower, and all conditions precedent to its effectiveness shall have been fulfilled, subject only to the effectiveness of this Loan Agreement.

  • Subsequent to the approval of the OCR Loan Regulations (2022), corresponding enhancements to the debt monitoring and reporting requirements were incorporated into the Ordinary Operations (Concessional) Loan Regulations (COL Loan Regulations), Special Operations Grant Regulations and Externally Financed Grant Regulations.

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 Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • 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.

  • 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 a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

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

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

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

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • 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 any Loan bearing interest 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 means a Loan made pursuant to Section 2.01.

  • 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 each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

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

  • Canadian Base Rate Loan means a Canadian Loan that bears interest at a rate per annum determined by reference to the Canadian Prime Rate.