Reimbursement Loan definition

Reimbursement Loan means a Loan, the proceeds of which are to be credited to the Borrower Account in order to reimburse the Borrower for amounts paid by it to the Builder under the Shipbuilding Contract in respect of Eligible Goods and Services.

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Reimbursement Loan has the meaning given to such term in Section 2.03(d)(ii).

Reimbursement Loan as defined in Section 2.2.4(b).

Examples of Reimbursement Loan in a sentence

• The Corporation hereby waives presentment, demand, protest, notice of protest or other notice of dishonor of any kind or of non-payment of this Reimbursement Loan Note, and promises to pay all reasonable costs of collection when incurred, including, without limitation, reasonable attorneys' fees, costs and other expenses.

• This Reimbursement Loan Note is to be construed according to the laws of the State of California, without regard to principles of conflict of laws.

• No extension of the time for the payment of this Reimbursement Loan Note or any installment hereof made by agreement with any Person now or hereafter liable for the payment of this Reimbursement Loan Note shall operate to release or discharge the original liability under this Reimbursement Loan Note, either in whole or in part, of the Corporation.

• In all respects, including all matters of construction, validity and performance, this Agreement, the Reimbursement Loan Note and the other Transaction Documents, and any obligations arising hereunder or thereunder, shall be governed by, and construed and enforced in accordance with, the laws of the State of California applicable to contracts made and performed in such state, without regard to the principles thereof regarding conflict of laws.

• The Corporation shall have the right to prepay this Reimbursement Loan Note in whole or in part, without penalty or premium, at any time.

• This Reimbursement Loan Note is issued under and is subject to the terms and conditions of the Agreement.

• This Reimbursement Loan Note is subject to acceleration upon the occurrence of certain events as provided in the Agreement.

• In addition, any outstanding Advance Reimbursement Loan shall mature as provided in Section 4 and any outstanding Stock Purchase Loan shall become due and payable six months following the date of termination.

• The full amount of this Reimbursement Loan Note is secured by the Collateral identified and described as security therefor in that certain Security Agreement executed and delivered by Corporation as of January 18, 1999.

• All covenants, agreements, representations and warranties made in this Agreement shall survive the issuance of the Letters of Credit by Issuing Bank and shall continue in full force and effect so long as the Letters of Credit shall be unexpired or any sums drawn or due hereunder or under the Reimbursement Loan Note shall be outstanding and unpaid, regardless of any investigation made by any Person and so long as any amount payable hereunder remains unpaid.

More Definitions of Reimbursement Loan

Reimbursement Loan. The Board shall reimburse, in the form of a loan, up to the current rate specified by the State System of Higher Education Graduate Tuition Rate, for each Central Administrator at an approved institution in a Masters or Doctorate program, credits / courses directly related to the employees’ work. The tuition rate per credit in effect at the time the credits / courses are approved will be the rate used for reimbursement, forgiveness, and possible repayment. Pre-approval of the Board is necessary before either enrollment or participation in a program is initiated; the number of credits / courses that may be scheduled per semester / year is unlimited. To be eligible for a reimbursement loan, all credits / courses for which the employee seeks a reimbursement loan must be started and completed while the individual is employed by Chartiers Valley School District. To obtain reimbursement for any credits / courses, the employee must obtain a grade of “B” or higher; credits / courses in which a grade lower than a “B” is achieved will be ineligible for reimbursement. Reimbursement Loan Forgiveness: Reimbursement loans provided for the cost of credits shall be forgiven on the following schedule: o 20% forgiven after one (1) complete school year following receipt of the degree;

Reimbursement Loan means a funding of the financed portion of an insured transaction by the insured, to the buyer, in reimbursement of the buyer's payments to the entity which signs the Exporter's Certificate. The reimbursement loan must be evidenced by a reimbursement loan agreement, which must be dated prior to the date of the buyer's payment to the U.S. Exporter.

Reimbursement Loan means a Facility C Loan being made to reimburse the Company for an amount already paid to either (a) Danieli for the account of Danieli Germany and/or directly to Danieli Germany under the Danieli EPC Contract or (b) Hermes in respect of the Hermes Premium.