Proposed Loan definition

Proposed Loan has the meaning given to it in paragraph 7(a)(i) of Part I of Schedule 6 (Borrowing Base).
Proposed Loan. Exh. "C" "Purchase Agreement" 1 "Qualified Credit Facility" 2 "Rehab Budget" 1 "Requirements" 3 "Required Financing Terms" 2; Exh. "C" "Required Improvements" Exh. "F" "Requirements" 3 "Title Policy" 8 EXHIBIT LIST A Purchase Agreement B Form of Partnership Agreement C Required Financing Terms D Due Diligence Checklist E Management Agreement Parameters F Construction Management Agreement Parameters EXHIBIT "A" PURCHASE AGREEMENT [SEE ATTACHED] EXHIBIT "B" FORM OF PARTNERSHIP AGREEMENT [SEE ATTACHED] EXHIBIT "C" REQUIRED FINANCING TERMS The following requirements constitute the "Required Financing Terms" referred to in the agreement (this "Agreement") to which this Exhibit is attached and of which this Exhibit is a part. Except as otherwise indicated, each capitalized term used herein shall have the meaning set forth for the same elsewhere in this Agreement. Without limitation on the other requirements set forth in this Agreement, any financing (the "Proposed Loan"), as well as the note (the "Proposed Note") evidencing the same and the deed of trust and other security instruments (collectively, the "Proposed Encumbrance") securing the same, must satisfy each of the requirements set forth in this Exhibit, except for any deviation therefrom specifically approved in writing by Investor.
Proposed Loan has the meaning given to such term in Section 2.01(a).

Examples of Proposed Loan in a sentence

  • If a new Utilisation Request is received by the relevant Agent prior to the applicable Specified Time with a Proposed Loan equal to or less than, when aggregated with the Outstanding Facility Amount, to the Collateral Value shown in the Collateral Report, that relevant Agent shall advance the relevant funds received from the Lenders in an amount equal to the amount specified in the new Utilisation Request.

  • The Agent shall by close of business on that day return to each Lender any part of that L▇▇▇▇▇'s participation in a Proposed Loan not advanced.


More Definitions of Proposed Loan

Proposed Loan shall have the meaning given in Section 3.1.

Related to Proposed Loan

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

  • Proposed Portfolio The portfolio of Collateral Obligations and Eligible Investments resulting from the proposed purchase, sale, maturity or other disposition of a Collateral Obligation or a proposed reinvestment in an additional Collateral Obligation, as the case may be.

  • Proposed decision means the presiding officer’s recommended findings of fact, conclusions of law, decision, and order in a contested case in which the administrator did not preside.