Soft Loans definition

Soft Loans means loans or research and development grants made to a Group Company by a governmental agency for the purpose of developing or acquiring Intellectual Property at a cost which is materially lower than the cost of a loan to such Group Company which would reasonably be expected to be made available for the proposed transaction at the relevant time by a commercial lender in the local market on arm’s length commercial terms;
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Soft Loans means the soft loans for an aggregate principal amount of EUR 1,078,627, granted to the Company by resolution of the [***] on 20 December 2011.
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Examples of Soft Loans in a sentence

  • Soft Loans The Authority makes Private Sector Housing loans at less than market rates (soft loans).

  • The Council uses the account to manage premiums and discounts received on the early redemption of loans and accounting adjustments in relation to Effective Interest Rates and Soft Loans.

  • The Authority uses the account to manage premiums and discounts received on the early redemption of loans and accounting adjustments in relation to Effective Interest Rates and Soft Loans.

  • Soft Loans and Loan Guarantees may only be approved in specific circumstances.

  • Complete Part 3A – Application for Loan Interest Rate Subsidy - Soft Loan - Soft Loans typically cover 33% (but in any case will never exceed 75%) of the investment in plant and equipment.

  • This includes, but is not limited to, actions to acquire, rehabilitate, demolish, convert, lease, repair, or construct properties.Performing a choice-limiting action may disqualify a Project from receiving Authority Soft Loans.

  • Soft Loans are low interest or interest free loans advanced by the Council.The Council has made a number of loans made under the Chronically Sick and Disabled Persons Act 1970 for adaptations to properties.

  • Authority Soft Loans may require additional information, documentation, and restrictions, including, but not limited to, further environmental review, contractor wage rates and standards, and income and occupancy restrictions.

  • Soft Loans Where loans are advanced at below market rates they are classed as ‘Soft Loans’.

  • Soft Loans The Code requires that a discounted interest rate be recognised as a reduction in the fair value of the asset.

Related to Soft Loans

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Revolving Loans as defined in Section 2.4(a).

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • 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.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Bridge Loans means the “Loans” as defined in the Bridge Credit Agreement.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • New Revolving Loans as defined in Section 2.25.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

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

  • Swing Loans means collectively and “Swing Loan” shall mean separately all Swing Loans or any Swing Loan made by the Swingline Lender to the Borrower pursuant to Section 2.6.3 [Making Swing Loans].

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.