Three Year Loan definition

Three Year Loan has the meaning specified in Section 2.01(a).
Sample 1Sample 2Sample 3
Three Year Loan means a Loan, the original term to maturity for which is equal to 36 months.
Sample 1
Three Year Loan means a Loan or Advance made to the Borrower pursuant to the Three Year Facility.
Sample 1

Examples of Three Year Loan in a sentence

  • Each such notice will specify the date and amount of such prepayment, whether the Loan to be prepaid is a Three Year Loan or a Five Year Loan, and the Type(s) of Loans to be prepaid and, if Eurodollar Rate Loans are to be prepaid, the Interest Period(s) of such Loans.

  • The aggregate outstanding principal balance under the Three Year Loan on the Three Year Commitment Termination Date, together with all outstanding interest, fees and costs due hereunder, shall be due and payable in full on November __, 2000.

  • Banks shall be lenders in the Short Term Loan and the Three Year Loan in the Maximum Principal Amounts and Pro Rata Shares set forth in Schedule 1 attached hereto.

  • The Indebtedness of the Borrower to each Bank under the Three Year Loan will be evidenced by a Three Year Note executed by Borrower in favor of such Bank.

  • All outstanding Principal Indebtedness on Three Year Loans, together with all accrued and unpaid interest thereon, shall be due and payable on the Three Year Loan Maturity Date.

  • Notwithstanding the immediately preceding sentence, the aggregate outstanding balance of the Three Year Loan shall be due and payable immediately upon acceleration of the Three Year Loan in accordance with Paragraph 8.2 hereof.

  • The Borrower, each other Obligor and, to the extent set forth in Section 2.6.1, each Three Year Loan Lender shall assume all risks of the acts, omissions or misuse of the Letter of Credit by the beneficiary thereof.

  • Any grant of an assignment pursuant to this Paragraph 10.2 shall be pro rata as to the Short Term Loan and the Three Year Loan.

  • The principal amount of each 364 Day Loan and each Three Year Loan shall be due and payable to the Administrative Agent for the benefit of each Lender in full on the 364 Day Termination Date, in the case of 364 Day Loans, and on the Three Year Termination Date, in the case of Three Year Loans, or earlier as specifically provided herein.

  • The original principal amount of each Bank's Three Year Note will be in the amount identified in Schedule 1 attached hereto as its Maximum Principal Amount with respect to the Three Year Note; provided, however, that notwithstanding the face amount of each such Three Year Note, Borrower's liability thereunder shall be limited at all times to the actual indebtedness, principal, interest, fees and expenses then outstanding to such Bank under the Three Year Loan.


More Definitions of Three Year Loan

Three Year Loan means individually and collectively the Country Club Loans in the amounts set forth in Schedule II made by Lender to ClubCorp Texas with respect to the Lakeway Property and San Francisco Tennis Club.
Sample 1
Three Year Loan. Any Mortgage Loan that remains subject to this Agreement for more than three years.
Sample 1
Three Year Loan means the outstanding principal balance of indebtedness advanced, and the face amount of Letters of Credit issued, under the Three Year Commitment, and without duplication the amount of all unreimbursed draws under Letters of Credit, together with interest accrued on and fees and expenses incurred in connection with any of the foregoing.
Sample 1
Three Year Loan means an advance made by any Three-Year Lender under the Three-Year Facility.
Sample 1
Three Year Loan. Any Mortgage Loan that remains subject to this Agreement for more than three years. “Two-Year Loan”: Any Mortgage Loan that remains subject to this Agreement for more than two years. “Uncovered Losses”: Mortgagor default losses on a Mortgage Loan that are attributable to any and all losses associated with the liquidation of the Mortgage Loan, including, but not limited to, standard FHA claim disallowances and any reduction or curtailment of any payment of principal, interest or fees, costs or expenses otherwise payable by the under the applicable FHA Insurance (including without limitation, FHA Claim Proceeds). ARTICLE III
Sample 1

Related to Three Year Loan

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Funding Year means in the case of the first Funding Year, the period commencing on the Effective Date and ending on the following March 31, and in the case of Funding Years subsequent to the first Funding Year, the period commencing on the date that is April 1 following the end of the previous Funding Year and ending on the following March 31;

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • LIBOR Loan means any portion of a Loan (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.

  • Term Year means a 12-month period beginning on the first day of the Term and each successive 12-month period thereafter.

  • Term Advance has the meaning specified in Section 2.01(a).

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

  • Loan Year With respect to any Mortgage Loan, the one year period commencing on the day succeeding the origination of such Mortgage Loan and ending on the anniversary date of such Mortgage Loan, and each annual period thereafter.

  • Subsequent Rate Period means, with respect to any Series of RVMTP Shares, the period consisting of seven calendar days, but adjusted in each case to reflect any changes when the regular calendar day that is a Rate Determination Date is not a Business Day, from, and including, the first calendar day following the Initial Rate Period of such Series to, and including, the next Rate Determination Date for such Series and any period thereafter from, and including, the first calendar day following a Rate Determination Date for shares of such Series to, and including, the next succeeding Rate Determination Date for shares of such Series.

  • Eurodollar Competitive Loan means any Competitive Loan bearing interest at a rate determined by reference to the LIBO Rate in accordance with the provisions of Article II.

  • Eurodollar Loan means a Loan bearing interest based at a rate determined by reference to the Eurodollar Rate.

  • Term SOFR Rate Loan means a Loan made hereunder with respect to which the interest rate is calculated by reference to Term SOFR (other than a Loan for which clause (c) of the definition of Base Rate is used to determine Base Rate).

  • LIBOR Rate Loan means a Loan that bears interest based on LIBOR.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Rate Year means July 1st of a given Calendar Year through June 30th of the succeeding Calendar Year.

  • Interest Period Date means each Interest Payment Date unless otherwise specified hereon.

  • Dollar Loan means a Loan denominated in Dollars.

  • Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.

  • Term SOFR Loan means a Loan that bears interest at a rate based on Term SOFR.

  • Subsequent Interest Period has the meaning specified in Section 307.

  • Interest Period End Date means the date or dates specified as such in, or determined in accordance with the provisions of, the Final Terms and, if an Applicable Business Day Convention is specified in the Final Terms, as the same may be adjusted in accordance with the Applicable Business Day Convention or, if the Applicable Business Day Convention is the FRN Convention and an interval of a number of calendar months is specified in the Final Terms as the Interest Accrual Period, such dates as may occur in accordance with the FRN Convention at such specified period of calendar months following the Interest Commencement Date (in the case of the first Interest Period End Date) or the previous Interest Period End Date (in any other case) or, if none of the foregoing is specified in the Final Terms, means the date or each of the dates which correspond with the Interest Payment Date(s) in respect of the Instruments.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.