Parallel Loan definition

Parallel Loan means the loan provided under the Parallel Loan Agreement;
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Parallel Loan means that item of Existing Indebtedness of the Borrower identified as such on Schedule 5.22. 75 [CONFORMED COPY WITH EXHIBITS G, H, AND I CONFORMED AS EXECUTED]
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Parallel Loan has the meaning as defined in subparagraph (m) of ------------------ paragraph 11.01.
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Examples of Parallel Loan in a sentence

  • The maximum amount of the secured claim is EUR 27,600 thousand. Parallel Loan programme: the amount of the loan agreement EUR 20,000 thousand, the final repayment date 31 January 2036, commercial pledge on the Company’s claims for the loans under the programme.

  • If the Securitization Lender declines to make a requested Advance, the Securitization Lender will, upon the request of the Borrower, unless the "Termination Date" has occurred under the Parallel Loan Commitment, assign all of the Capital outstanding hereunder to the Committed Lenders pursuant to the terms of the Parallel Loan Commitment.

  • Under the Parallel Loan Arrangements, the Group first advanced HK$415,163,000 and US$9,000,000 to the respective independent third parties.

  • Both areas are actively exploring ways to help move private sector financing “From Billions to Trillions.” Expanding Syndications Platforms and Broadening the Investor Base 2.108 Syndications, through IFC’s “B” and Parallel Loan programs, have a long track record of critical contribution to IFC’s mobilization achievements.

  • The maximum amount of the secured claim is EUR 27,600 thousand.▪ Parallel Loan programme: the amount of the loan agreement EUR 20,000 thousand, the final repayment date 31 January 2036, commercial pledge on the Company’s claims for the loans under the programme.

  • Nothing contained in this Agreement or the Parallel Loan Commitment shall obligate the Borrower to establish a separate account for each such agreement.

  • If at any time the Parallel Loan Documents have the benefit of any provision that is more favorable to similar provisions in this Loan Agreement or other Transaction Documents, then if IFC so requests, this Loan Agreement and the Transaction Documents shall be amended or supplemented to incorporate such more favorable provision.

  • Fisher’s Effect Cross Rates Back to Back Loan/ Parallel Loan Direct Financing and Indirect Financing Equity swap Short Position and Long Position of Banks OTC market Name any 3 measures for avoiding double taxation Differentiate between Capital export neutraliry and Capital import neutrality Differentiate between transaction exposure and translation exposure Q2.

  • Parallel Loan A parallel loan (or “back-to-back loan”) involves an exchange of currencies between two parties, with a promise to reexchange currencies at a specified exchange rate on a future date.

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Related to Parallel Loan

  • Parallel Obligations means the independent obligations of any of the Grantors arising pursuant to the First Lien Intercreditor Agreement to pay to the Collateral Agent sums equal to the sums owed by such Grantor to the other Secured Parties (or any of them) under the Credit Documents.

  • PIK Loan means a Loan that permits the Obligor thereon to defer or capitalize any portion of the accrued interest thereon.

  • Parallel Debt has the meaning assigned to such term in Section 9.21.

  • 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;

  • Term SOFR Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of Term 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”.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • 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.

  • DIP Loan Any Loan (i) with respect to which the related Obligor is a debtor-in-possession as defined under the Bankruptcy Code, (ii) which has the priority allowed pursuant to Section 364 of the Bankruptcy Code and (iii) the terms of which have been approved by a court of competent jurisdiction (the enforceability of which is not subject to any pending contested matter or proceeding).

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

  • Existing Loan means the loan identified on Exhibit H.

  • U.S. Revolving Loan means a Revolving Loan made to the U.S. Borrower by the U.S. Revolving Lenders.

  • Refinancing Loan has the meaning specified in Section 2.15(b).

  • Canadian Loan means a Loan made to a Canadian Borrower denominated in Canadian Dollars.

  • 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.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • 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.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Bridging Loan means a credit facility granted for the purchase of Residential Property by the Borrower, pending the receipt of proceeds from the sale of another Residential Property owned or co-owned by the Borrower, under which any balance outstanding shall be repaid within six months;

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • 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.

  • U.S. Loan means an extension of credit by a Lender to a Borrower under Article II in the form of a U.S. Committed Loan or U.S. Swing Line Loan.

  • Term B-2 Loan means the Loan in the amount set forth in Section 2.01(a)(i).

  • 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.