Examples of Intercompany Loan in a sentence

The Cash Manager shall ensure that each Advance, each repayment, all payments of interest and repayments of principal on each Advance under the Intercompany Loan Agreement are recorded in the Intercompany Loan Ledger at the appropriate time.
If any Intercompany Loan Enforcement Notice is served, this facility shall be cancelled and the Advance (and any interest capitalised pursuant to Clause 3.4) and accrued interest shall, subject to the Funding Deed of Charge, become immediately due and payable.

More Definitions of Intercompany Loan

Intercompany Loan means any loan (or advance in the nature of a loan) by the Company to any Guarantor, or by any Subsidiary to the Company or to any Guarantor, provided that each such loan or advance is subordinated in right of payment and priority to the Indebtedness on terms and conditions satisfactory to Agent and the Majority Banks.

Intercompany Loan has the meaning set forth in the Purchase and Sale Agreement.

Intercompany Loan means a senior, unsecured loan by EFIH or any of its Restricted Subsidiaries to EFH Corp., with an interest rate commensurate with an arm’s length relationship.

Intercompany Loan has the meaning given to such term in Section 5.02(f)(vi) hereof.

Intercompany Loan means any loan made by the Issuer to any of its Subsidiaries out of the funds arising from Indebtedness incurred by the Issuer through the issue of a series of Secured Notes or otherwise, provided that the Issuer agrees that the receivables and monetary claims arising from such loan will be pledged in favour of the relevant Secured Creditors;

Intercompany Loan means each intercompany loan or advance between or among the Borrower and its Subsidiaries or between or among Subsidiaries of the Borrower.

Intercompany Loan means any loan or credit made by a Group Company to any other Material Group Company where (a) the loan or credit is scheduled to be outstanding for at least 12 months and (b) the principal amount thereof is at least of NOK 5,000,000 (or the equivalent amount in another currency) and which pursuant to the Intercreditor Agreement shall be fully subordinated to the claims under the Finance Documents, provided that no Financial Indebtedness under any cash pooling arrangement shall constitute an Intercompany Loan.