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

  • Each Additional Loan Obligation and Replacement Loan Obligation that is a Senior Participation is a senior portion (or a pari passu interest in a senior portion) of a whole mortgage loan.

  • Each Replacement Loan shall be subject to the same terms as the corresponding Terminated Loan, other than with respect to the commencement date and the identity of the Loaned Securities.

  • The Replacement Loan shall commence on the date on which the parties agree which Securities shall be the subject of the Replacement Loan and shall be scheduled to terminate on the scheduled Termination Date of the Terminated Loan.

  • Such agreement shall, in accordance with Section 2 of this Annex, be confirmed in a new Confirmation at the commencement of the Replacement Loan and be executed by each party.

  • Borrower and Lender agree that, except as provided in Section 5 of this Annex, if the parties enter into a Replacement Loan, the Collateral for the related Terminated Loan need not be returned to Borrower and shall instead serve as Collateral for such Replacement Loan.


More Definitions of Replacement Loan

Replacement Loan means the Loan that refinances the Initial Loan.
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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 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 has the meaning specified in Section 4.3.
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