State Loan Agreement definition

State Loan Agreement means a loan agreement that is entered into by and between the State and a Borrower, pursuant to which a companion zero-interest loan is made by the State to finance, in part, such Borrower’s Project.
State Loan Agreement means the loan agreement to be entered into by and between the Authority and the State.
State Loan Agreement means a loan agreement that is entered into by and between the State, acting by and through the New Jersey Department of Environmental Protection, and a WIFIA Program Participant, pursuant to which a State Loan is made by the State to finance, in part, an Eligible Project being undertaken by such WIFIA Program Participant.

Examples of State Loan Agreement in a sentence

  • Upon the execution and delivery of this Agreement on the Closing Date, except for the Financing Documents and the 2018A Bonds, the 2018B Bonds, the 2019 Loan Agreement, the 2020 Loan Agreement, and the 2020 State Loan Agreement, the Enterprise will have no other Debt outstanding payable from or secured by the Net Pledged Revenues or any portion thereof.

  • Upon the prepayment or acceleration of the obligations of a WIFIA Program Participant pursuant to its I-Bank Loan Agreement and its State Loan Agreement (which events are separate and distinct from a refinancing scenario), the sum of such prepayment or acceleration shall be applied pro rata to the accrued interest and principal payment obligations of such WIFIA Program Participant as provided by the terms of such I-Bank Loan Agreement and State Loan Agreement.

  • The I-Bank has no taxing power and has no claim on any revenues or receipts of the State of New Jersey or any agency or political subdivision thereof or any Borrower except as expressly provided in this Indenture, a Borrower’s State Loan Agreement or a Borrower’s Loan Agreement.

  • The proceeds of the 2019 Bonds were issued to refund the 2007 State Loan Agreement (the “2007 SRF Loan”), as defined within the Indenture of Trust dated as of December 1, 2019 (the “Indenture”).

  • The 2016 Bonds were issued on parity with the 2007 State Loan Agreement, as defined within the Official Statement (the “2007 SRF Loan”).

  • The State acknowledges and agrees that each payment made in accordance with the direction in clause 2.1 satisfies, to the equivalent extent, Finance Co's obligation to pay the Receivables Purchase Payment to the State under the Receivables Purchase Deed or, in the case of a payment of the SLA Drawdown Amount, satisfies, to the equivalent extent, Finance Co's obligation to pay the SLA Funding Portion to the State under the State Loan Agreement.


More Definitions of State Loan Agreement

State Loan Agreement means the Loan Agreement between the Director and the Lessor, as the same may be amended and supplemented from time to time.
State Loan Agreement means the document of that name between the State and Finance Co and dated on or about the date of Contractual Close.

Related to State Loan Agreement

  • 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.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Revolving Loan Agreement means that certain Amended and Restated Loan and Security Agreement dated as of the date hereof by and among the Borrower, the lenders from time to time party thereto and the Revolving Loan Administrative Agent.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Borrower Loan Agreement means the Borrower Loan Agreement, of even date herewith, between the Governmental Lender and the Borrower, as supplemented, amended or replaced from time to time in accordance with its terms.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Loan Agreements means any other loan agreements entered into by and between the Trust and one or more of the Borrowers pursuant to which the Trust will make Loans to such Borrowers from moneys on deposit in the Project Fund, excluding the Project Loan Account, financed with the proceeds of the Trust Bonds.

  • Original Loan Agreement has the meaning set forth in the recitals hereto.

  • Agency loan agreement means any agreement pursuant to

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Subordinate Loan Documents means the Subordinate Note, the Subordinate Mortgage, and all other documents at any time evidencing, securing, guaranteeing, or otherwise delivered in connection with the Subordinate Indebtedness.

  • Master Letter of Credit Agreement means, at any time, with respect to the issuance of Letters of Credit, a master letter of credit agreement or reimbursement agreement in the form, if any, being used by the Issuing Lender at such time.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Original Loan Documents means the "Loan Documents" as defined in the Original Credit Agreement.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Subordinated Loan Agreement means the subordinated loan agreement dated on or about the Closing Date, as amended from time to time, and entered into by, amongst others, the Issuer, the Subordinated Lender and the Security Trustee, under which the Subordinated Lender will advance (or has advanced) the Subordinated Loan to the Issuer.

  • Existing Loan Documents means the “Loan Documents” as defined in the Existing Credit Agreement.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.