Third Party Loans definition

Third Party Loans means all Loans owing by any Company to Persons other than Seller or its Affiliates.

Third Party Loans means the loans described on Schedule B attached hereto.

Third Party Loans has the meaning set forth in Section 4.2(a) hereof.

Examples of Third Party Loans in a sentence

• The Third Party Loan has a reasonable interest rate which does not and will not exceed the maximum interest rate for Third Party Loans from commercial financial institutions as published periodically by SBA in the Federal Register and in effect as of the date of this Agreement.

• A Project financing must include one or more Third Party Loans totaling at least as much as the 504 loan.

• Earlier repayment will be required: (1) from proceeds of the sale of the Company Shares (as hereinafter defined) pledged as collateral in excess of the Third Party Loans (as hereinafter defined) or (2) in the event that the undersigned voluntarily terminates his employment with the Company.

• The Third Party Loan(s) has a term of at least 7 years for a 10 year debenture and at least 10 years for a 20 year debenture.

• Borrower shall not deposit advances from Lender or repayments from borrowers under Third Party Loans into any other accounts.

More Definitions of Third Party Loans

Third Party Loans means loans made by a community development organization or a state development organization to a business, where such loans are funded partially by the Challenge Loan Program.

Third Party Loans means the Promissory Note dated September 25, 2023 between the Company and Anzu Industrial Capital Partners Annex, L.P. and the Promissory Note dated August 31, 2023 between the Company and Anzu RBI Mezzanine Preferred LLC.

Third Party Loans means secured or unsecured financings arranged by the Company and obtained from unaffiliated third parties; each such financing to bear interest at the rate offered by the third party lender and to be repayable over such period and upon such terms and conditions as shall have been agreed upon between the third party lender and the Company.

Third Party Loans means commercial loans extended by the Company to third parties and commercial loans extended by InvestorsBank for which the promissory note evidencing the borrower's underlying obligations and all collateral securing such obligations have been fully assigned to the Company.

Third Party Loans shall have the same meaning as defined in Section 8.2.

Third Party Loans has the meaning set forth in Section 25. -----------------

Third Party Loans in the Loan Documents (including, without limitation, the Intercreditor Agreement) shall mean Third Party Loans as defined in the Loan Agreement.