On-Lending definition

On-Lending means, without double counting, all financial indebtedness owed by the Belgian Guarantor or any of its Subsidiaries to an Affiliate.

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On-Lending means any form of lending of borrowed funds or own resources by Government to public or private enterprises or state governments;

On-Lending means, without double counting, the aggregate amount of all Loans, advances and/or other proceeds made to any Loan Party and made available by any Loan Party, directly or indirectly, to the Belgian Guarantor or any of its Subsidiaries (in each case, irrespective of whether retained or on-lent by the relevant Belgian Guarantor or its Subsidiary).

Examples of On-Lending in a sentence

In the event that the Borrower, having received a disbursement under this Contract, (i) does not advance the amount received to the relevant Intermediary through the relevant Sub-Financing Agreement; or (ii) the Intermediary does not advance the amount received to the relevant Final Beneficiary through the relevant On-Lending Agreement within 6 (six) months of receipt of the relevant Allocation Letter in respect of each Sub-Financing, it shall immediately inform the Bank thereof.
Any Investment in any Person that is made by the Issuer or any Restricted Subsidiary directly or indirectly using the proceeds of the Notes shall otherwise comply with this Indenture and shall comply with the Agreed On-Lending Principles.
Any repayment of Permitted DIP On-Lending to Molycorp shall, until the repayment in full of the DIP Obligations, be deposited in the DIP Loan Disbursement Account (each as defined in the Final DIP Order).

More Definitions of On-Lending

On-Lending means an arrangement whereby the Government borrows from external or domestic sources and thereafter passes on the loan to another entity such as the Revolutionary Government of Zanzibar, parastatal organizations, local Government or any other public body corporate;”

On-Lending means the aggregate amount of all amounts (whether or not due or payable) made available by a member of the relevant Belgian Guarantor’s company group to the relevant Belgian Guarantor and/or any of its Subsidiaries, irrespective of whether retained or on lent by such Belgian Guarantor or its Subsidiaries; and

On-Lending means borrowing by the Government with the aim of lending the funds to private and public institutions

On-Lending means upon debiting of the securities lent to the Clearing House from the Lender’s CDS account.

On-Lending means the aggregate amount of all intercompany loans owing by a Belgian Guarantor to another ICA Group Company and originally borrowed or owed by that ICA Group Company under a Secured Finance Document and on-lent or made available, directly or indirectly, by that ICA Group Company to that Belgian Guarantor or any of its Subsidiaries (in each case, irrespective of whether retained or on-lent by that Belgian Guarantor or the Subsidiary in question), it being understood that the amount of each such intercompany loan will only be counted once when calculating the aggregate amount. To the extent a Belgian Guarantor guarantees the obligations of a Subsidiary, the limitations set out in this paragraph (f) shall not apply.

On-Lending means loans sanctioned by banks to eligible intermediaries for onward lending for creation of priority sector assets. The average maturity of priority sector assets thus created by the eligible intermediaries should be co-terminus with maturity of the bank loan.

On-Lending means when an organisation lends money that they have borrowed from another organisation or person;