Replacement Loan definition

Replacement Loan shall have the meaning provided in Section 12.12(c).
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Replacement Loan shall have the meaning set forth in Section 3.2.
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Replacement Loan means any loan of money to the local authority some or all of which the local authority treats, for accounting purposes, as a replacement for some or all of the loan referred to in sub-paragraph (a) of paragraph (1).”
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Examples of Replacement Loan in a sentence

  • Upon the receipt of an IP Proposal, Wichita GP shall cooperate with AHF and use its best efforts, using the Partnership's assets, to cause the Partnership to obtain and close a Replacement Loan or an Additional Loan as described in the IP Proposal.

  • At any time after January 1, 2032 and subject to the terms of the Project Loan Documents, AHF shall have the right to propose that the Partnership refinance the First Priority Loan with a new permanent loan (a "Replacement Loan") or that the Partnership obtain an additional loan secured by a lien on the Apartment Complex subordinate to the lien of the First Priority Loan (an "Additional Loan").

  • Wichita GP acknowledges that the lender may be an Affiliate of AHF or that AHF or its Affiliate(s) may provide credit enhancement for such Replacement Loan or Additional Loan.

  • The Partners acknowledge that a Replacement Loan or an Additional Loan may result in a material increase in the amount of the indebtedness which encumbers the Apartment Complex.

  • In connection with a proposal to obtain a Replacement Loan or an Additional Loan, AHF shall submit a loan commitment, term sheet or written proposal from a lender to Wichita GP (an "IP Proposal").


More Definitions of Replacement Loan

Replacement Loan means a replacement loan contemplated in clause 16 below.
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Replacement Loan means one or more new borrowings of Loans that result from a Refinancing Amendment in accordance with Section 2.5, which may be in the form of one or more series of senior secured notes or loans (each of which may be secured by the Collateral on a pari passu or junior basis with the Loans) or unsecured loans or notes.
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Replacement Loan means the Loan that refinances the Initial Loan.
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Replacement Loan means that certain loan or loans that Monaco intends to secure to pay off the BankAtlantic Loan and/or to finance the Property.
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Replacement Loan means any Replacement Revolving Loan or Replacement Term Loan.
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Replacement Loan means any loan in an amount equal to the capital contributed by any Departing Investing Member, which loan may be secured by a lien and deed of trust on the Mortgaged Property senior to the SLS Las Vegas Mortgage.
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Replacement Loan means a loan from a Third Party Lender the proceeds of which are used to satisfy an Existing Senior Loan or an Additional Senior Loan. Reposition Amount - as defined in Section 7.2.1.
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