Proceeds Loan definition

Proceeds Loan means the loan of the proceeds of the Notes pursuant to the Proceeds Loan Agreement and all loans directly or indirectly replacing or refinancing such loan or any portion thereof.

Proceeds Loan means any loan whereby (a) the proceeds of an issue of any High Yield Notes are lent by a HY Issuer or (b) the proceeds of a borrowing under any High Yield Facility are lent by a HY Borrower, in each case to any member of the Group where such HY Issuer or HY Borrower is not a member of the Group.

Proceeds Loan means the loan between Jelegat Holdings Limited, as borrower, and the Issuer, as lender, made out of the proceeds of the issuance of the Existing Notes, as such loan may be amended on the Issue Date to reflect the issuance of the Notes and the Convertible PIK Notes and the cancellation of Existing Notes.

Examples of Proceeds Loan in a sentence

• The senior secured notes and the revolving credit facility are secured by first ranking security interests over all the issued share capital of certain Group companies (together the “Guarantors”), certain receivables and intercompany receivables of the Company and the Guarantors, including assignment of the PIK Proceeds Loan and certain bank accounts of the Company.

• Notwithstanding the foregoing, (i) the Proceeds Loan may be prepaid or reduced to facilitate or otherwise accommodate or reflect a repayment, redemption or repurchase of outstanding Notes and (ii) to the extent not having a materially adverse effect to Holders the Proceeds Loan may be novated and/or assigned to any Guarantor.

• Any demolition, site clearing or Utility Connections financed by a Bond Proceeds Loan to an Administrator must be completed prior to conveyance of the Qualified Dwelling Unit to an Owner-Occupant.

• Further, upon the occurrence of certain events described in the Intercreditor Agreement, the guarantees under the 2015 Notes, the 2015 High Yield Proceeds Loan and certain intercompany debt become subordinated in right of payment to other outstanding debt of LBIAF and its subsidiaries.

• Terms used with initial capital letters but not defined herein shall have the meanings given in the Bond Proceeds Loan Contract.

More Definitions of Proceeds Loan

Proceeds Loan means the loan between Jelegat Holdings Limited, as borrower, and the Issuer, as lender, made out of the proceeds of the issuance of the Existing Notes, as such loan may be amended on the Issue Date to reflect the issuance of the Notes and the Senior Secured Notes and the cancellation of Existing Notes .

Proceeds Loan means the transfer, pursuant to a loan agreement or agency agreement, of the proceeds of the obligations, or the deposit of the proceeds of the obligations with a trustee in trust under a trust agreement, indenture, or other trust document under the bond proceedings pending their disbursement for the purposes authorized by this chapter.

Proceeds Loan means the loan agreement entered into between the Issuer, as lender, and Bramleyside Limited (to be renamed Cabot Financial (Treasury) Ireland Limited on or before the Issue Date), as borrower;

Proceeds Loan means the 2013 Proceeds Loan, as amended to substantially the same effect as if the gross proceeds of the issuance of the Notes had been remitted to the Company pursuant to a new proceeds loan in order to fund (in part or in full) the repayment on the Issue Date of the 2013 Proceeds Loan;

Proceeds Loan means the loans from the Issuer to Zhaikmunai LLP in the aggregate principal amount equal to the gross proceeds from the Notes.

Proceeds Loan means the loan between the Issuer, as lender, and Gaming Acquisitions Limited, as borrower, for the amount of the proceeds received by the Issuer from the offering of the Notes on the Issue Date, and all loans directly or indirectly replacing or refinancing such loan or any portion thereof.

Proceeds Loan means the loan by the Issuer of the proceeds from the offering of the Notes to the Guarantor.