Senior Funding Loan definition

Senior Funding Loan means the Funding Loan as defined in the Senior Funding Loan Agreement.
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Senior Funding Loan means the Funding Loan made to the Issuer pursuant to the Senior Funding Loan Agreement.
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Senior Funding Loan has the meaning given to the term “Funding Loan” in the Senior Funding Loan Agreement.
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Examples of Senior Funding Loan in a sentence

  • After the Project is placed in service, amounts held in the Capitalized Interest Account shall be applied to pay Qualified Project Costs (as defined in the Senior Funding Loan Agreement) or transferred to the Bond Fund for application to the payment of interest due in respect to the Bonds, in each case upon the written direction of the Bondholder Representative to the Trustee (a copy of which shall be provided to the Borrower).

  • No supplement or amendment to the Junior Loan Agreement or this Indenture, as described in this Article VIII, shall be effective except upon receipt by the Trustee of the written consent, which consent shall not be unreasonably withheld, conditioned, or delayed, thereto of (a) the “Noteowner Representative” under and as defined in the Senior Funding Loan Agreement or (b) the registered holders of 100% of the aggregate principal amount of the Senior Issuer Notes then outstanding.

  • Unless the context otherwise requires, the capitalized terms used herein shall have the respective meanings assigned to them in the recitals hereto, in this Section 1 or in Section 1.1 of the Senior Funding Loan Agreement or the Junior Indenture.

  • All notices sent to the Fiscal Agent/Trustee hereunder shall use the information set forth in Section 12.1 of the Senior Funding Loan Agreement and Section 11.05 the Junior Indenture.

  • A copy of each notice sent by or to the Owner shall also be sent to the manager of the Project at such address as provided by the Owner to the Administrator at such address as set forth in the Senior Funding Loan Agreement and the Junior Indenture; but such copies shall not constitute a notice to the Owner, nor shall any failure to send such copies constitute a breach of this Regulatory Agreement or a failure of or defect in notice to the Owner.

  • After the date on which no Senior Issuer Notes and the Junior Bonds remain Outstanding, as provided in the Senior Funding Loan Agreement and the Junior Indenture, the Fiscal Agent/Trustee shall no longer have any rights, duties or responsibilities under this Regulatory Agreement and all references to the Fiscal Agent/Trustee in this Regulatory Agreement shall be deemed references to the Issuer.

  • Terms used herein and not otherwise defined shall have the meaning pravided in the Senior Funding Loan Agreement.

Related to Senior Funding Loan

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Senior Loan has the meaning provided in the Recitals hereto.

  • Junior Loan has the meaning provided in the Recitals hereto.

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Initial Loan is defined in Section 2.1.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Co-op Loan A Mortgage Loan secured by the pledge of stock allocated to a dwelling unit in a residential cooperative housing corporation and a collateral assignment of the related Co-op Lease.

  • Acquisition Loan means a loan or other extension of credit, including an installment obligation to a “party in interest” (as defined in Section 3(14) of ERISA) incurred by the Trustee in connection with the purchase of Company Stock.

  • First Lien Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Funding Debt means any Debt incurred by or on behalf of the General Partner for the purpose of providing funds to the Partnership.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • PPP Loan means the loan in principal amount of $673,184 issued to the Company by the PPP Lender pursuant to the promissory note dated April 20, 2020.

  • Refinancing Loan has the meaning specified in Section 2.15(b).

  • Bridge Loan Any loan or other obligation that (x) is incurred in connection with a merger, acquisition, consolidation, or sale of all or substantially all of the assets of a Person or similar transaction and (y) by its terms, is required to be repaid within one year of the incurrence thereof with proceeds from additional borrowings or other refinancings (it being understood that any such loan or debt security that has a nominal maturity date of one year or less from the incurrence thereof but has a term-out or other provision whereby (automatically or at the sole option of the Obligor thereof) the maturity of the indebtedness thereunder may be extended to a later date is not a Bridge Loan).

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Term Loan has the meaning specified in Section 2.01(b).

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Term SOFR Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • Subordinate Companion Loan A Companion Loan that, to the extent provided in the related Loan Documents and/or the related Co-Lender Agreement, is generally subordinate in right of payment to the related Split Mortgage Loan. The only Subordinate Companion Loans related to the Trust as of the Closing Date are evidenced by the Notes identified in the Loan Combination Table under the column heading “Subordinate Companion Loan(s),” each of which Notes evidences a separate Subordinate Companion Loan.

  • Tranche C Loan has the meaning specified in Section 2.01(c).

  • PIK Loan means a Loan that permits the Obligor thereon to defer or capitalize any portion of the accrued interest thereon.