Old Loan definition

Old Loan means the outstanding Deutsche Mark denominated loan made to Ukraine by Chase in furtherance of the DM Notes.

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Old Loan has the meaning set forth in Section 2.19(c).

Old Loan means any and all of the outstanding Deutsche Mark denominated loan made to Ukraine by Chase in furtherance of the DM Notes;

Examples of Old Loan in a sentence

• Giving effect to the consummation of the Mirage Merger Agreement, the incurrence of the Obligations and the Guaranty, and the refinancing of the Old Loan Agreement and the Mirage Loan Agreement, on the Closing Date the Borrower and its Restricted Subsidiaries are Solvent.

• As of the Closing Date, ----------------------------------- no Default or Event of Default has occurred and remains continuing under the Old Loan Agreement.

• In effecting each conversion, each Bank shall, on the Borrowers' behalf, directly apply the proceeds of the New Loan to the payment of the Old Loan, and only the excess (if any) of the proceeds of the New Loan over the amount being repaid shall be directly paid over to the Borrowers.

• On the same date, the Company also entered into the New Loan Services Master Agreement with CE Group, pursuant to which (1) the Company and CE Group have agreed to terminate the Old Loan Services Master Agreement with effect from 1 January 2017 and (2) CE Group has agreed to provide, through CE Bank, loan services to the Group in accordance with the terms thereunder for the years ending 31 December 2017, 2018 and 2019.

• Without limiting of the foregoing, this Agreement amends and restates, in its entirety, and supersedes and replaces, the Old Loan Agreement.

• There are no claims, offsets, counterclaims or defenses against this Agreement, the Term Loans, the Revolving Advances, the Old Loan Agreements, the Letter of Credit Agreements or any of the Obligations.

• It is acknowledged that effective upon the Closing Date, the lending commitments of the lenders under the Old Loan Agreement shall be amended and restated hereby and that the lending commitments of the lenders under the Mirage Loan Agreement shall be deemed concurrently terminated.

• If, with respect to any Old Loan which is a LIBOR Loan or Fixed Loan, the Borrowers do not give the notice provided for in this Section 2.6, or no conversion with respect thereto shall be permitted pursuant to the preceding sentence, the Borrowers shall be deemed to have requested that such Old Loan be converted to a Prime Loan in the same principal amount.

• This Agreement is in substitution of and replaces the Old Loan Arrangements.

• The initial Advance under the Line of Credit shall be made on the Closing Date, shall be in that amount necessary to pay in full all outstanding Obligations under the Old Loan Agreement, and shall be used by Borrower on the Closing Date to retire all such Obligations.

More Definitions of Old Loan

Old Loan shall have the meaning assigned to it in subsection 2.05.

Old Loan means a loan the maximum amount of which is the maximum amount of loan that would have been payable under these Regulations had they not been amended by the Education (Student Loans) (Amendment) Regulations 2005(4);

Old Loan and “Old Loans” mean and include each and every Committed Loan made by a Lender under Section 2.01(a) of this Agreement and each and every Competitive Bid Loan made by a Lender.

Old Loan shall have the meaning assigned to it in Section 2.6.