Interim Financing definition

Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;

Interim Financing means any funds, whether provided by an existing or new creditor, that is reasonably and immediately necessary for the debtor's business to continue operating or to survive, or to preserve or enhance the value of that business pending the confirmation of a restructuring plan;

Interim Financing means a debt incurred by a munici- pality to temporarily finance a scored project until permanent financing is obtained from the CWFP.

Examples of Interim Financing in a sentence

• Reimbursement of county costs from State Financing shall be limited to those costs permitted under Article 1(A) of Exhibit A and/or specifically identified in Exhibit B as “Eligible State Costs” provided, however, the State’s obligations to reimburse Participating County for any State Financing is contingent on (1) the availability of Interim Financing and (2) even if Interim Financing is provided, the successful sale of bonds sufficient to cover all remaining Eligible State Costs.

• The Interim Financing Order (and, following the expiration of the Interim Financing Period defined therein, the Permanent Financing Order) has been duly entered, is valid, subsisting and continuing and has not been vacated, modified, reversed on appeal, or vacated or modified by any order of the Bankruptcy Court (other than as consented to by Agent) and is not subject to any pending appeal or stay.

• Borrower shall pay to Supplemental Loan Lender, for the account of Supplemental Loan Participants, an up front fee in an amount equal to (a) 3.0% of $45,000,000, which fee shall be payable on the date upon which the Interim Financing Order is entered, and (b) 1.0% of the $45,000,000, which fee shall be payable on the date upon which the Permanent Financing Order is entered.

• Unpaid invoices shall be considered in default after thirty (30) days of the due date shown on the invoice.

• Borrower shall pay to Agent, for the account of Lenders on a pro rata basis according to their respective Commitments, a debtor-in-possession financing facility fee in the amount of $3,900,000, on account of the financing provided by Agent and Lenders to Borrower in the Chapter 11 Cases, which fee shall be fully earned and due and payable on the date of entry by the Bankruptcy Court of the Interim Financing Order and which may be charged directly to the loan account of Borrower maintained by Agent.

More Definitions of Interim Financing

Interim Financing means a debt necessary to tempo- rarily finance a project until permanent financing can be obtained from the clean water fund program.

Interim Financing means a debt necessary to finance a project temporarily until permanent financing is obtained.

Interim Financing means the issuance of Bond Anticipation Notes as approved by the City Council's adoption of water utility revenue bond ordinances.

Interim Financing means the installment purchase transaction to be entered into in anticipation of the Permanent Financing, all for the purposes of refinancing or financing the Project, and consisting of the issuance of the Interim Bond.

Interim Financing as used in the Agreement shall include segment 1 above.

Interim Financing means a debt of a municipality incurred to temporarily finance a project until permanent financ- ing is obtained from the department under this chapter.

Interim Financing means debt financing in an amount and on terms reasonably acceptable to Parent and appropriate to permit the Company to continue its business and operations in the ordinary course following the filing of the Company Chapter 11 Cases.