Examples of Reference Loan in a sentence
Such CD Loans or LIBOR Loans shall be deemed to have been paid, and a Reference Loan in the amount thereof shall be deemed to have been made, as of the date provided in the preceding sentence.
From time to time the Company may request (each such request, a “Purchase Request”, and each such requested purchase, a “Purchase”) that the Financing Provider acquire one or more Eligible Reference Loans and sell such Eligible Reference Loans to the Company on the terms set forth herein (each such Eligible Reference Loan subject to a Purchase Request, a “Portfolio Investment” until the Removal Date in respect thereof).
Each Revolving Borrowing initially shall be of the Type specified in the applicable Borrowing Request and, in the case of a Revolving Eurocurrency Borrowing (other than for any Euro Rate Reference Loan), shall have the Interest Period specified in such Borrowing Request.
If the Company shall fail to notify the Bank in the manner provided in this Section 2.2(d) of a conversion or continuation of a CD Loan or LIBOR Loan prior to the last day of the then applicable Interest Period, such CD Loan or LIBOR Loan shall automatically be converted on such day into a Reference Loan of equal principal amount.
The Indemnity Agreement, dated as of October 10, 2012 by AAT CC Bellevue, LLC, a Delaware limited liability company, and American Assets Trust, L.P., a Maryland limited partnership, in favor of PNC BANK, NATIONAL ASSOCIATION, a national banking association c/o Midland Loan Services, Inc., Reference Loan Number 940960335.
Until the Agent notifies the Administrative Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, (i) each LIBOR Loan shall be converted into a Reference Loan at the end of the then current Interest Period, and (ii) any notice or request from the Administrative Borrower that requests the conversion of any portion of the Term Loan to, or continuation of any portion of the Term Loan as, a LIBOR Loan shall be ineffective.
In accordance with Part B Clause 1.13, Shift Extensions shall apply in all other circumstances.
Losses on any individual Reference Loan will entail a loss on the GEM Note which identifies that Reference Loan.
Name: Xxxxx Xxx Bank, New York Branch Account No.: 000-0-000000 Reference: Loan Dept.
When you mark the transaction as a fee expense, it will be appropriately excluded from the redemption fee schedule.Redemptions of Modern Tontine units to pay for fees associated with other funds or services, on the other hand, will be subject to the redemption schedule.