Project Loans definition

Project Loans means project loans of the Issuer and its Restricted Subsidiaries, including any Credit Facilities or Designated SPE Debt, incurred for the purpose of financing the development, construction and improvement of real estate projects of the Issuer and its Restricted Subsidiaries.

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Project Loans has the meaning set forth in Section 2.1.

Project Loans means the loans and indebtedness of the Owner to the Project Lenders.

Examples of Project Loans in a sentence

• For purposes of calculating the aggregate amount of Project Loans in the preceding sentence, the maximum principal amounts available thereunder shall be used, and not the then outstanding principal balances thereof.

• Notwithstanding the provisions of Section 5.1, 5.2 and 5.3 or the Articles of Association, the Parties hereby consent to a hypothecation or pledge of Shares if such hypothecation or pledge is required in connection with the execution or performance of the Project Loans.

• No real or personal property of the Company, including the Project Loans, shall be deemed to be owned by any Member individually, but shall be owned by, and title shall be vested solely in, the Company or its established subsidiaries and special purpose vehicles.

• As support for PTSC, MMC, MC and NMM agree that payment of Financial Disadvantage (as defined in the Copper Cathode Export Sale and Purchase Agreement) owed by PTSC to MMC, MC or NMM in accordance with the Copper Cathode Export Sale and Purchase Agreement (and interest accrued thereon) shall be subordinated to debt service under the Project Loans to the extent provided in the Credit Documents.

• In addition, for all Initial Project Loans, a certification from the Borrower's Architect (or, if there is not a Borrower's Architect, a representative of the Borrower responsible for the Project) that to the best of the party's knowledge, the Improvements to be constructed comply with all requirements and governmental approvals.

More Definitions of Project Loans

Project Loans means the loans and indebtedness of the Owner to the Project Lender(s). "Regulatory Agreement" means, to the extent applicable, and collectively, any regulatory

Project Loans. Individually or collectively (as applicable), the loans evidenced by the Notes.

Project Loans means the total committed amount of the term and working capital loans to be provided pursuant to the initial financing documents to be entered into by Buyer and certain lenders for the financing of the Project (other than loans to Buyer from its shareholders).

Project Loans has the meaning set forth in Section 2.1of the Loan Agreement.

Project Loans means the First Priority Loan, the Bond Loan, the Seller Loan, the CDBG Loan, the Capital Funds Loan, the HOME Loan and the HTF Loan.

Project Loans means the Loan Agreement (and related credit and security documentation) to be entered into between PTSC and the Project Lenders in regards to financing the construction and initial working capital of the Project.

Project Loans. : shall mean, collectively, (i) that certain loan in --------------- the amount of $12,966,000 made by Project Lender to the Twenty SAC Self Storage Corporation; (ii) that certain loan in the amount of $14,607,000 made by Project Lender to the Twenty-One SAC Self Storage Corporation;