OFID Loan Agreement definition

OFID Loan Agreement means the agreement between the Borrower and OFID for the OFID Loan as defined in Recital (C) of this Loan Agreement;
OFID Loan Agreement has the meaning given to that term in Recital (A);
OFID Loan Agreement means the agreement between OFID and the Beneficiary that sets out the terms and conditions of OFID Loan;

Examples of OFID Loan Agreement in a sentence

  • For the avoidance of doubt, (a) OFID shall not be deemed to have waived compliance with any provision of, or covenants under, the OFID Loan Agreement or any other Transaction Document, including with respect to the Current Events of Default and (b) the foregoing reservation of rights does not negate the Forbearance during the term of the Forbearance Period as specifically provided in this Agreement.

  • The Borrower shall sign the OFID Loan Agreement within 6 months of the Effective Date.

  • The Borrowers and OFID agree and acknowledge that this Agreement shall constitute a Transaction Document for purposes of the OFID Loan Agreement and each other Transaction Document.

  • The provisions of this Agreement are not intended to be, nor shall they be construed or deemed to be, a cure, satisfaction, reinstatement, novation, or release of any of the obligations of any Borrower or any other Obligor under the OFID Loan Agreement or any other Transaction Document, or of any prior, existing, or future default or acceleration right thereunder, including with respect to the Current Events of Default.

  • In the unforeseen event that OFID does not provide the OFID Loan, the Borrower shall take all necessary and appropriate steps to make available an alternative source of cofinancing required for timely and effective completion of the Project, and the references herein to OFID, the OFID Loan, and the OFID Loan Agreement shall be read to refer, respectively, to such alternative source(s), the cofinancing provided by such source(s), and the agreement(s) under which such source(s) provide(s) such cofinancing.

  • Notwithstanding any other provision of this Loan Agreement, no withdrawals shall be made from the Loan Account for Category 1 expenditures until the OFID Loan Agreement shall have been duly executed and delivered and all conditions precedent to its effectiveness, other than a condition requiring the effectiveness of this Loan Agreement, shall have been fulfilled.

  • The provisions of this Agreement are not intended to be, nor shall they be construed or deemed to be, a cure, satisfaction, reinstatement, novation, or release of any of the obligations of any Obligor under the OFID Loan Agreement or any other Transaction Document, or of any prior, existing, or future default or acceleration right thereunder, including with respect to the Current Events of Default.

  • Capitalized terms used in this Agreement and not otherwise defined herein shall have the respective meanings (assigned to such terms in the OFID Loan Agreement).

  • The Borrower and OFID agree and acknowledge that this Agreement shall constitute a Transaction Document for purposes of the OFID Loan Agreement and each other Transaction Document.

  • The following is specified as an additional condition to the effectiveness of this Loan Agreement for the purpose of Section 10.01(f) of the Loan Regulations: the OFID Loan Agreement shall have been duly executed and delivered on behalf of the Borrower, and all conditions precedent to the effectiveness of such Loan Agreement (other than a condition requiring the effectiveness of this Loan Agreement) shall have been fulfilled.


More Definitions of OFID Loan Agreement

OFID Loan Agreement means the agreement to be entered into between OFID and the Borrower, which will govern the terms and conditions of the OFID Loan;

Related to OFID Loan Agreement

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Original Loan Agreement has the meaning set forth in the recitals hereto.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Borrower Loan Agreement means the Borrower Loan Agreement, of even date herewith, between the Governmental Lender and the Borrower, as supplemented, amended or replaced from time to time in accordance with its terms.

  • Subordinated Loan Agreement means the subordinated loan agreement dated on or about the Closing Date, as amended from time to time, and entered into by, amongst others, the Issuer, the Subordinated Lender and the Security Trustee, under which the Subordinated Lender will advance (or has advanced) the Subordinated Loan to the Issuer.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Loan Agreements means any other loan agreements entered into by and between the Trust and one or more of the Borrowers pursuant to which the Trust will make Loans to such Borrowers from moneys on deposit in the Project Fund, excluding the Project Loan Account, financed with the proceeds of the Trust Bonds.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Agency loan agreement means any agreement pursuant to

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Credit Agreement shall have the meaning set forth in the recitals.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Original Loan Documents means the "Loan Documents" as defined in the Original Credit Agreement.

  • Financing Agreement means any lease purchase agreement, installment sale agreement, loan agreement, line of credit or other agreement of the department or, with the approval of the director, and any agency, to finance the improvement, use or acquisition of real or personal property that is or will be owned or operated by one or more agencies of the State, the department or any agency, or to refinance previously executed financing agreements including certificates of participation relating thereto. The School shall not act as a guarantor of any such financing agreement.