Refinanced Loan definition

Refinanced Loan. A Loan the proceeds of which were not used to purchase the related Mortgaged Property.

Refinanced Loan. A Loan the proceeds of which were not used to purchase the related Mortgaged Property. Regulation AB: Subpart 229.1100 – Asset Backed Securities (Regulation AB), 17 C.F.R. §§229.1100-229.1123, as such may be amended from time to time, and subject to such clarification and interpretation as have been provided by the Commission in the adopting release (Asset-Backed Securities, Securities Act Release No. 33-8518, 70 Fed. Reg. 1,506, 1,531 (Jan. 7, 2005)) or by the staff of the Commission, or as may be provided by the Commission or its staff from time to time.

Refinanced Loan means an Individual Loan that has already been made and the Due Date of which shall be the Desired Drawdown Date of a Refinancing Loan.

Examples of Refinanced Loan in a sentence

• With respect to each Existing Loan that is designated on Schedule 1.2 as a “Refinanced Loan”, the Operating Partnership shall cause such Refinanced Loan to be refinanced or repaid in connection with the Closing.

• If the Individual Loan that the Lender decided not to make pursuant to Section 7.1 was to be a Refinancing Loan, the Borrower shall pay in accordance with the provision of Section 14 the amount equivalent to the principal of the applicable Refinanced Loan owed to the Lender.

• Provided, however, that with respect to the drawdown of the Individual Loan B in relation to a Refinancing Loan B, the Lender B shall offset (a) the principal amount of the Outstanding Individual Loan B Money in relation to the Refinanced Loan B as of the Desired Drawdown Date B, and (b) the Individual Loan B Amount in relation to the Refinancing Loan B, and according to the result thereof, shall treat the drawdown of such Individual Loan B as follows.

• SL Advisors will describe its Code of Ethics in Part 2 of Form ADV and, upon request, furnish Clients with a copy of the Code of Ethics.

• All of the equity interests and other assets in such special purpose subsidiary shall be pledged to secure the Refinanced Loan, subject to the liens securing each of the applicable project financing, the ABL Credit Facility and the Senior Secured Term Loan.

More Definitions of Refinanced Loan

Refinanced Loan. A Loan which was made to a Mortgagor who owned the Mortgaged Property prior to the origination of such Loan and the proceeds of which were used in whole or part to satisfy an existing mortgage.

Refinanced Loan means each Existing Loan denoted as a “Refinanced Loan” in Section 1.1(a) of the Disclosure Schedule, as may be amended pursuant to Section 6.16.

Refinanced Loan means the term loan that the Notes, along with any Accrued Interest thereon (other than the November 2016 Accrued Interest), shall be exchanged for in accordance with this Agreement, which term loan shall have, among others, the terms and conditions set forth on Schedule “C”.

Refinanced Loan means collectively, the Refinanced Loan A and Refinanced Loan B. “Total Outstanding Balance” means collectively, the Total Outstanding Balance A and Total Outstanding Balance B.

Refinanced Loan means that certain loan made by Wells Fargo Bank, N.A. to West (among others). With respect to the Refinanced Loan, Borrower hereby represents and warrants that (i) the Refinanced Loan was repaid in full with the proceeds of the Loan, and (ii) none of Borrower, American Assets, Inc. (“Guarantor”) or any constituent party of Borrower has any remaining liabilities or obligations in connection with the Refinanced Loan (other than environmental and other limited and customary indemnity obligations).

Refinanced Loan means each Existing Loan denoted as a “Refinanced Loan” in S ection 1.1(a) of the Disclosure Schedule, as may be amended pursuant to S ection 6.16.

Refinanced Loan. (karikae-kyu-kashitsuke) means an Individual Loan that has already been made and the Due Maturity Date of which shall be the Desired Drawdown Date of a Refinancing Loan.