Participating Loan definition

Participating Loan means a Mortgage Loan that entitles the lender to the receipt of interest based on a percentage of the mortgaged property's revenues or cash flow, and/or any gain on sale of the property which Participating Loan may be a Mezzanine Loan, Construction Loan, Bridge Loan or other Mortgage Loan.
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Participating Loan means a Loan introduced to the program by the Sub-Originator and where the context so permits shall also include a Mortgage relating to a Participating Loan;
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Participating Loan means the loan made or proposed to be made by BANADE to a Participating Bank, partly financed out of the proceeds of the Loan, provided under a Participating Agreement;
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Examples of Participating Loan in a sentence

  • The Parties hereby agree that the Participating Loan Agreement shall include provisions requiring the Company's approval (directly or indirectly) of the issues set forth in this Section 2.9 and that Apollo shall be authorized to grant the approvals to be granted by the Company under Section 5.1 of the Participating Loan Agreement.

  • The Sub-Originator will be entitled to a Front End Fee approved by the Originator from time to time in respect of each new approved Participating Loan, as detailed in Annexure A.

  • For these purposes, Appendix A is again utilized.A Profit Participating Loan (PPL) is an instrument in which one entity (typically a parent entity) finances an affiliated entity (usually a subsidiary), in return for interest payments consisting of two components: a small fixed component (usually not more than 1.00% per annum), and a variable component which is directly linked to the profits of the affiliated entity, usually on a one-to-one basis.

  • The Participating Loan Notes, comprising 423,570 stapled notes at 31 December 2005, issued at £1,000 in EFL and FRF9,893 (€1,508.18) in FM, carry a fixed rate of interest of 1%.

  • Such a statement is reminiscent of the finding in Mintzberg’s study (1973, p.17).

  • The Sub-Originator must provide the Originator with all the information, which the Originator reasonably requires to enable it to assess the suitability of a Participating Loan.

  • The effective interest rate has been calculated using a fixed coupon rate of 1% for the Participating Loan Notes, and using an estimated market rate up to the end of the Stabilisation Period for the Stabilisation Advances and Notes.

  • The Sub-Originator must promptly provide the Originator with any information regarding a Participating Loan required by the Originator from time to time.

  • Subject to clauses 10 and 11, the Sub-Originator will also be entitled to the “trailer commission” (if any) approved by the Originator from time to time and paid on each Participating Loan made in accordance with an Approved Application.

  • Chart 7 - Most Common Instrument Classification RequestsPPLIFL CPECDebtPECEquityLTL05101520253035PPL - Profit Participating Loan; IFL - Interest Free Loan; CPEC - Convertible Preferred Equity Certificate; PEC -Preferred Equity Certificate; LTL - Long Term Loan In order to understand the data presented in Chart 7, a brief explanation of some of the instruments in warranted.


More Definitions of Participating Loan

Participating Loan means a loan made or proposed to be made out of the proceeds of the Loan by the Borrower to a Financial Intermediary under a Participation Agreement to refinance Subloans (as such term is hereinafter defined) made by such Financial Intermediary under Part A of the Project;
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Participating Loan means a Loan made by the Trustee and introduced to the Programme by the Manager and includes any part of them;
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Participating Loan means a loan where the interest rate received consists of a fixed interest component and a fluctuating interest component. The fluctuating interest component represents the royalty portion whereby the Company receives a percentage of renewable energy production revenues. The participating loan will reflect an estimated average interest rate over the life of the loan where the interest received will fluctuate based on the underlying power production;
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Participating Loan shall have the meaning ascribed thereto in the second "WHEREAS" clause hereof.
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Participating Loan means a loan made by BdL to a Participating Bank in accordance with the provisions of Part A of the Schedule to the BdL Project Agreement;
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Related to Participating Loan

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Participating Bank means any participating banks of the JETCO ATM network, (if applicable) PLUS ATM network and/or (if applicable) China UnionPay ATM network;

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • Existing Loan means the loan identified on Exhibit H.

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • 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.

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

  • Participating Banks means such investment banks that engage in any Debt Exchange with one or more members of the Parent Group.

  • Bid Rate Loan means a loan made by a Lender under Section 2.2.

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • Participating Dentist means any Dentist who, at the time of rendering a Covered Dental Service to the Member, has a written agreement with CareFirst BlueChoice or the Dental Plan for the rendering of such service.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Participating student means a student who has been determined to be

  • Swing Loan has the meaning specified therefor in Section 2.3(b) of the Agreement.

  • 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.

  • Bid Loan has the meaning specified in Section 2.03(a).

  • Participating Facility means, for purposes of this section only, with respect to covered service, a Hospital, Hospital outpatient department, critical access Hospital, ambulatory surgical center or any other facility as otherwise required by law, that has a direct or indirect contractual relationship with BCBSMT setting a rate (above which the provider cannot bill the Member) for furnishing such item or service under The Plan, regardless of whether the provider is considered a preferred or In-Network provider for purposes of In-Network or Out-of-Network Benefits under The Plan.

  • Committed Loan has the meaning specified in Section 2.01.

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

  • Participating member means a member who is required to make mandatory contributions by the applicable retirement act to his or her health reimbursement account.

  • Committed Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Initial Revolving Loan means a Revolving Facility Loan made (i) pursuant to the Revolving Facility Commitments in effect on the Closing Date (as the same may be amended from time to time in accordance with this Agreement) or (ii) pursuant to any Incremental Revolving Facility Commitment on the same terms as the Revolving Facility Loans referred to in clause (i) of this definition.