Reserve Loan definition

Reserve Loan has the meaning set forth in Section 1.1(d)(iii)
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Reserve Loan means a Revolving Loan or a Swingline Loan, the proceeds of which are used to finance customer withdrawals from the Reserve Account.
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Reserve Loan means any loan of money to the Issuer to restore the balance of the Debt Service
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Examples of Reserve Loan in a sentence

  • Federal Reserve Loan RestructuringThe Fed reduced the $85 billion loan facility to $60 billion, extended the time period to five years, and eased the financial terms considerably.

  • Details concerning this program may be obtained directly from the Commander, Defense Industrial Plant Equipment Center, ATTN: Defense Industrial Reserve Loan Branch, Memphis, TN 38144–5000.

  • Advance under the Liquidity Reserve Loan Agreement The Liquidity Reserve Loan Provider will (on the request of the Trustee, at the direction the Manager, prior to the Issue Date) provide a single loan advance of A$150,000.

  • This amount grew to approximately $61 billion on November 5, 2008, shortly before the restructuring of the loan discussed below in “Federal Reserve Loan Restructuring.”37 Securities Borrowing Facility38On October 8, 2008, the Fed announced that it was expanding its assistance to AIG by swapping cash for up to $37.8 billion of AIG’s investment-grade, fixed-income securities.

  • On the occurrence of an Event of Default and the enforcement of the Charge, the balance of the Extraordinary Expense Reserve will not be available for distribution in accordance with Section 9.4.4, but will be applied in repayment of the Extraordinary Expense Reserve Loan.

  • The Liquidity Reserve Target BalancePrior to the Issue Date, the Liquidity Reserve Loan Provider must deposit an amount equal to $150,000 (the “ Liquidity Reserve Target Balance”) into the Liquidity Reserve Account, which will form the Liquidity Reserve.

  • Treasury and Federal Reserve Loan ProgramsApril 13, 2020Through the Main Street Lending Program, PPP Liquidity Facility, Primary and Secondary Market Corporate Credit Facilities, Term Asset-Backed Securities Loan Facility and the Municipal Liquidity Facility, the Department of Treasury and the Federal Reserve are providing up to $2.3 trillion in loans to support the US economy during the COVID-19 crisis.

  • All amounts outstanding under the Subordinated Reserve Loan will be due and payable on the Final Maturity Date or on such earlier date as the Notes are repaid in full.

  • See Summary of Principal Documents —Subordinated Reserve Loan Agreement below.

  • The Issuer will establish the Liquidity Reserve Ledger and credit an amount equal to the Required Liquidity Reserve Amount to the Liquidity Reserve Ledger on the Closing Date from amounts advanced to the Issuer pursuant to the Reserve Loan.


More Definitions of Reserve Loan

Reserve Loan has the meaning set forth in Section 1.1(f)(vi).
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Reserve Loan has the meaning set forth in Section 1.1(g)(iv). (mmmm) "Residual Receipts" means for each calendar year, the amount by which Gross Revenue exceeds Annual Operating Expenses.
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Related to Reserve Loan

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • SOFR Loan means a Loan that bears interest at a rate based on Term SOFR, other than pursuant to clause (c) of the definition of “Alternate Base Rate”.

  • Cooperative Loan Any Mortgage Loan secured by Cooperative Shares and a Proprietary Lease.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

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

  • Reserve Draw Amount shall have the meaning specified in subsection 4.12(c).

  • Refinancing Mortgage Loan Any Mortgage Loan originated in connection with the refinancing of an existing mortgage loan.

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

  • Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.

  • Cooperative Loans Any of the Mortgage Loans made in respect of a Cooperative Apartment, evidenced by a Mortgage Note and secured by (i) a Security Agreement, (ii) the related Cooperative Stock Certificate, (iii) an assignment of the Cooperative Lease, (iv) financing statements and (v) a stock power (or other similar instrument), and ancillary thereto, a recognition agreement between the Cooperative and the originator of the Cooperative Loan, each of which was transferred and assigned to the Trustee pursuant to Section 2.01 and are from time to time held as part of the Trust Fund.

  • Reserve Interest Rate With respect to any Interest Determination Date, the rate per annum that the Trustee determines to be either (i) the arithmetic mean (rounded upwards if necessary to the nearest whole multiple of 1/16%) of the one-month U.S. dollar lending rates which New York City banks selected by the Trustee are quoting on the relevant Interest Determination Date to the principal London offices of leading banks in the London interbank market or (ii) in the event that the Trustee can determine no such arithmetic mean, the lowest one-month U.S. dollar lending rate which New York City banks selected by the Trustee are quoting on such Interest Determination Date to leading European banks.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

  • PPP Loan has the meaning set forth in Section 3.28.

  • Mortgage Rate The annual rate of interest borne by a Mortgage Note from time to time.

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

  • Outstanding Mortgage Loan As of any Due Date, a Mortgage Loan with a Stated Principal Balance greater than zero which was not the subject of a Principal Prepayment in Full prior to such Due Date and which did not become a Liquidated Mortgage Loan prior to such Due Date.

  • Defective Loan is any Mortgage Loan as to which there is an unremedied Material Defect.

  • Refinanced Mortgage Loan A Mortgage Loan the proceeds of which were not used to purchase the related Mortgaged Property.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Collateral Pool means all of the Collateral.

  • CD Loan means (i) a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election or (ii) an overdue amount which was a CD Loan immediately before it became overdue.

  • Reserve Fund means the account designated as such, and established and maintained pursuant to Section 4.01.