TALF Loan definition

TALF Loan means (i) any loan made to a TALF Borrower by the Federal Reserve Bank of New York under the Term Asset-Backed Securities Loan Facility authorized under Section 13(3) of the Federal Reserve Act as in effect on March 23, 2020; and (ii) any similar loan made to a TALF Borrower by the Federal Reserve Bank of New York, or other US governmental agency (each, a “TALF Lender”), pursuant to a non-recourse loan facility that has been approved in writing by the Administrative Agent and the Required Banks.
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TALF Loan has the meaning specified in the SPV Credit Agreement. “TALF Termination Date” has the meaning specified in the SPV Credit Agreement.
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Related to TALF Loan

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

  • ▇▇▇▇▇▇▇▇ Loan means a Subsidized ▇▇▇▇▇▇▇▇ Loan or an Unsubsidized ▇▇▇▇▇▇▇▇ Loan.

  • 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”.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.