Old Loans definition

Old Loans means EDUCATION ONE Loans for which applications are received prior to the Conversion Date (as that term is defined in the Guaranty Agreement). "Origination Agreement" refers to (a) the Amended and Restated Loan Origination Agreement with respect to the origination of EDUCATION ONE Loans entered into between XXXX and Bank One and dated as of the Conversion Date, as amended from time to time, and (b) any subsequent agreement relating to origination services provided to Bank One with respect to EDUCATION ONE Loan Notes purchased under this Agreement that is reasonably acceptable in form and substance to each of FMC and XXXX.
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Old Loans means the loans made to the Borrower by certain of the Banks and certain other financial institutions party to the Initial Agreement pursuant to the Initial Agreement.
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Old Loans means EDUCATION ONE Loans for which applications are received prior to the Conversion Date (as that term is defined in the Guaranty Agreement). "Origination Agreement" refers to (a) the Amended and Restated Loan Origination Agreement with respect to the origination of EDUCATION ONE Loans entered into between TXXX and Bank One and dated as of the Conversion Date, as amended from time to time, and (b) any subsequent agreement relating to origination services provided to Bank One with respect to EDUCATION ONE Loan Notes purchased under this Agreement that is reasonably acceptable in form and substance to each of FMC and TXXX.
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Examples of Old Loans in a sentence

  • Any amounts payable by Transferor to Transferee hereunder on account of the Old Loans, prorated through the date of the substitution, shall be paid by Transferor to Transferee at the time of such substitution.

  • These Old Loans were purchased by 7159618 Manitoba Ltd (“715 Manitoba”) and restructured as the New Loan.

  • An old cheese press stone was used as a mounting block and is still located outside the old post office.The Old Loans Inn once was a coaching inn and now brings visitors from far and wide for good food.

  • The pre-existing General Security Agreements (‘GSA’) dated 7, 2013, July 30, 2013 and May 13, 2015 from the old loans was purchased by 715 Manitoba, then an arm’s length party, as part of the transaction wherein 715 Manitoba purchased the Old Loans on October 2, 2015 and October 15, 2015, and entered into a loan agreement with the Company on November 15, 2015.

  • These Old Loans were acquired by 7159618 Manitoba Ltd (“715 Manitoba”) and restructured as the New Loan.

  • The Old Loans were discharged and the difference between the fair value of the equity component of the New Loan plus the financial liability was been taken to the income statement as gain on debt restructuring.

  • Further, the Loan is interest free while the Old Loans bear interest at the rates from 3% to 5% per annum.

  • Any Fixed Rate Loans constituting a part of the Old Loans purchased by the Remaining Banks under Section 4.04 shall be allocated among the Remaining Banks to the extent possible so that Fixed Rate Loans having the same Interest Period shall be shared pro rata among the Remaining Banks based upon their Commitments as of the Effective Date.

  • The pre-existing General Security Agreements (‘GSA’) dated 7, 2013, July 30, 2013 and May 13, 2015 from the old loans had been purchased by 715 Manitoba, then an arm’s length party, as part of the transaction wherein 715 Manitoba purchased the Old Loans on October 2, 2015 and October 15, 2015, and entered into a loan agreement with the Company on November 15, 2015.The Company shall issue approximately CAD $2.23 million in common shares of the Company for each year the debt is unpaid.

  • The payments to any of the Departing Banks for purchases of Old Loans under Section 4.04 shall be without recourse to the Agent, any of the Departing Banks, any of their respective affiliates or any of their respective officers, directors, agents or employees.


More Definitions of Old Loans

Old Loans means any and all of the outstanding (1) euro denominated loan made to Ukraine by BT in furtherance of the Euro Notes, (2) Deutsche Mark denominated loan made to Ukraine by Chase in furtherance of the DM Notes and (3) amounts due under the credit agreement between E.M. Sovereign Finance B.V. and E.M. Sovereign Investments B.V. and a credit agreement between E.M. Sovereign Investments B.V. and Ukraine in furtherance of the Zero Coupon Notes.
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Old Loans means loans made by the Lenders to the Borrower prior to the date of this Agreement as set forth on Schedule 2.03(b) hereto and, pursuant to Section 2.03(b) hereof, deemed made pursuant to this Agreement and evidenced by a Promissory Note.
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Old Loans means any and all of the outstanding Deutsche Mark denominated loan made to Ukraine by Chase in furtherance of the DM Notes.
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Old Loans means the Loans outstanding immediately prior to the Effective Date.
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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.
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Related to Old Loans

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Revolving Loans as defined in Section 2.4(a).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Swing Loans means collectively and “Swing Loan” shall mean separately all Swing Loans or any Swing Loan made by the Swingline Lender to the Borrower pursuant to Section 2.6.3 [Making Swing Loans].

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Revolving Advances means Advances made other than Letters of Credit.

  • Bank Loans means debt obligations (including, without limitation, term loans, revolving loans, debtor-in-possession financings, the funded and unfunded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans and senior subordinated loans) which are generally under a syndicated loan or credit facility.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the U.S. Swingline Loans, the U.S. Overadvances, and the U.S. Protective Advances.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Prime Rate Loans means any Loans or portion thereof on which interest is payable based on the Prime Rate in accordance with the terms thereof.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • LC Obligations means, at any time, the sum, without duplication, of (i) the aggregate undrawn stated amount under all Facility LCs outstanding at such time plus (ii) the aggregate unpaid amount at such time of all Reimbursement Obligations.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Cash Advances These are from cash advances and cash equivalent transactions you make with your account. “Special Offers” These are from your use of the account to take advantage of special, introductory, or promotional offers we make available to you at times. Each such transaction may be kept track of separately on your statement and may be treated as its own Balance Category. “Eligible Purchases” These are from purchases of goods and services you make with your account (a) at certain merchants or of specified types listed in the Schedule; and (b) in which a single or multiple items are purchased in the same transaction totaling certain amounts as listed in the Schedule. Each Eligible Purchase may be kept track of separately on your statement and may be treated as its own Balance Category. Eligible Purchase(s) may also be referenced and abbreviated as “Elig Purch” in some locations in the Schedule.