Secured Loans definition

Secured Loans means the term loans and extended revolving loans in the outstanding aggregate outstanding amounts, as of the Commencement Date, of $269,761,507.81 and $9,226,011.61, respectively, arising under the Credit Agreement.

Secured Loans has the meaning given to such term in Section 4.1.

Secured Loans has the meaning set forth in Section 1 of the Collateral Agency Agreement.

Examples of Secured Loans in a sentence

• The Senior Secured Loans within a CLO are limited to Senior Secured Loans which meet specified credit and diversity criteria and are subject to concentration limitations in order to create an investment portfolio that is broadly assorted across different Senior Secured Loans, borrowers, and industries, with limitations on non-U.S. borrowers.

• For purposes of calculating the Collateral Quality Test, DIP Collateral Obligations will be treated as having an S&P Recovery Rate equal to the S&P Recovery Rate for Senior Secured Loans.

• Our investments may take the form of the purchase of Senior Secured Loans (either in the primary or secondary markets) or through investments in entities that in turn own a pool of Senior Secured Loans.

• We may invest in Senior Secured Loans directly or any security issued by a type of pool of Senior Secured Loans known as a Collateralized Loan Obligation (“CLO”) to implement our investment objective but have invested primarily in the equity and junior debt tranches of CLOs. We refer to such investments, together with direct investments in Senior Secured Loans, collectively as “Target Securities.” Structurally, CLOs are entities that are formed to manage a portfolio of Senior Secured Loans.

• The typical underlying borrowers for Senior Secured Loans are U.S.-based privately-held and publicly-held companies across a wide range of industries and sectors.Our principal office is located at 10 East 40th Street, 42nd Floor, New York, New York 10016 and our telephone number is (212) 448-0702.

More Definitions of Secured Loans

Secured Loans means all Project Loans and Screened Project Loans.

Secured Loans means the indebtedness of the Company issued under or pursuant to the Existing Loan Agreements and secured by, among other things, a lien upon the SST Shares.

Secured Loans means the “Loans” as defined in the Credit Agreement and the “Loans” as defined in the Other Credit Agreement.

Secured Loans means, individually and collectively, (i) the Primary Loan, (ii) the Secured $3 Million Loan and (iii) the Secured Inventory Note.

Secured Loans. All outstanding amounts due and owing (provided that the principal amount outstanding on the date of commencement of the Chapter 11 Cases does not exceed $17,500,000), including post-petition interest, under that certain loan agreement dated as of December 17, 2001, by and between Xxxxx Fargo Foothill, Inc. (“WFF”) and ARG, Enterprises, and Property Management, among others (the “Prepetition Facility”), shall be paid or refinanced in full by either the DIP Facility (as defined below) or the Exit Facility (as defined below). All outstanding amounts due and owing (provided that the principal amount outstanding on the date of commencement of the Chapter 11 Cases does not exceed $5,000,000), including post-petition interest, under that certain loan agreement dated as of October 31, 2003, by and among TCW Shared Opportunity Fund III, L.P. and ARG, Enterprises and Property Management (the “TCW Facility”) shall be paid in full in cash on the effective date of the Plan (the “Effective Date”).

Secured Loans. Any loan made or to be made to the Borrowers pursuant ------------- to (S)4 and 4A hereof."

Secured Loans collectively, the Non-Convertible Loans and the Secured Convertible Loans, and individually, any Non-Convertible Loan or any Secured Convertible Loan.