Third Party Loans definition

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

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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

Third Party Loans has the meaning set forth in Section 2.5. -----------------

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.
Borrower shall not deposit advances from Lender or repayments from borrowers under Third Party Loans into any other accounts.
Borrower shall also carry insurance to cover its interest as mortgagee in the property securing the Third Party Loans to be effective in the event of any failure of the owner of such property to carry property insurance with respect thereto.
Third Party Loans may be secured by liens on the Company Property and shall have such other terms and conditions as may be determined by a Super Majority Interest.
Unless otherwise determined by the Board, the interest rate of such Stockholder Loan shall not exceed the interest rate available to the Company through Third Party Loans with similar terms, conditions and principal amounts as the Stockholder Loan in question, and shall be payable only at such times as the principal amount of such Stockholder Loan shall become payable in accordance with Section 5.1 hereof.

More Definitions of Third Party Loans

Third Party Loans has the meaning set forth in Section 4.4(a) hereof.

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 shall have the same meaning as defined in Section 8.2.

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