Prior Loans definition

Prior Loans means, collectively, the loans described on Schedule IX.

Prior Loans shall have the meaning assigned thereto in the recitals of this Agreement.

Prior Loans and “New Loans” shall hereunder be collectively referred to as the “Exhibit “A” Loans”).

Examples of Prior Loans in a sentence

• The Prior Loans and Liens securing payment thereof shall in all respects be continuing, and this Agreement shall not be deemed to evidence or result in a novation or repayment and reborrowing of the Prior Loans.

• From and after the Closing Date, this Agreement shall govern the terms of the Prior Loans.

• Both before and after giving effect to (a) the Revolving Loan, Eligible Trade L/C Obligations and Letter of Credit Obligations, including the Prior Loans outstanding, (b) the disbursement of the proceeds of such Loan pursuant to the instructions of Borrower, (c) the payment and accrual of all transaction costs in connection with the foregoing, each Material Credit Party is Solvent.

• The Prior Loans, the Loan, Coincidental Loans and Future Loans shall be collectively referred to as “Borrower Loans”.

• The Borrower is not in default under any agreement to which it is a party to include the Prior Loans, the effect of which would materially adversely affect performance by Borrower of its obligations pursuant to the terms and provisions of the Loan Documents.

More Definitions of Prior Loans

Prior Loans means the Decathlon Loan and the Hercules Loan.

Prior Loans means the, collectively, the loan or loans made pursuant to the Prior Loan Documents.

Prior Loans means Loans which are held under, and subject to the lien of, the Prior Bond Resolutions or the Program Resolution, which relate to, or secure, Refunded Prior Bonds;

Prior Loans means “Loans” under and as defined in the Pre-Petition Date Credit Agreement.

Prior Loans. Southeast Power Corporation: Loan Number - 9660933120 Notes Original Amount Date Opened Guarantors The Goldfield Corporation: Loan Number – 9660933082 Notes Original Amount Date Opened Guarantors

Prior Loans means the following advances made by Lender and its Affiliates to Borrower and its Affiliates with respect to the acquisition of the following Property Investments prior to the date of this Agreement: "LOAN ACCOUNT" means the account on the books of Lender in which will be recorded Loans made by Lender to Borrower pursuant to this Agreement, payments made on such Loans and other appropriate debits and credits as contemplated by this Agreement.

Prior Loans shall have the meaning assigned thereto in the recitals of the Agreement.