2011 Loan Agreement definition

2011 Loan Agreement means that certain Loan and Security Agreement dated May 16, 2011, with an Affiliate of WTI, Venture Lending & Leasing VI, Inc. (“Venture VI”), for a $15 million term loan.
2011 Loan Agreement means Loan Agreement #11-020, dated as of November 1, 2011, between Municipal Finance Corporation and the Authority, as assigned by Municipal Finance Corporation to City National Bank.
2011 Loan Agreement is defined in § 10.13.

Examples of 2011 Loan Agreement in a sentence

  • Availability under the 2011 Loan Agreement is limited to a borrowing base equal to 85% of the value of eligible accounts receivable, plus 65% of the value of eligible inventory, less certain reserves.

  • The 2011 Loan Agreement is secured by a lien on substantially all the property of the Company, other than real estate.

  • Additionally, the 2011 Loan Agreement allows for the unlimited payment of dividends and repurchases of stock, subject to the absence of events of default and maintenance of a fixed charge coverage ratio and minimum level of availability.

  • The 2011 Loan Agreement includes, among other things, covenants that require the Company to maintain a specified minimum fixed charge coverage ratio and availability levels.

  • Agent shall receive an Environmental Agreement duly executed by Borrower or its Affiliates, together with a copy of a Phase I environmental report for each Primary Project not previously delivered by Borrower in connection with the 2008 Loan Agreement, the 2011 Loan Agreement and/or the 2012 Loan Agreement.

  • The 2011 Loan Agreement contains certain provisions that may cause the debt to be classified as a current liability, in accordance with GAAP, if availability falls below certain thresholds, even though the ultimate maturity date under the loan agreement remains as September 30, 2016.

  • Adeline will be the primary contact for the project and her workload will be managed to allow for this.

  • As the result of public pressure, the Development Fund failed to pay the first and second monthly instalments which fell due on 14 February and 14 March 2012 respectively.THE COURT’S DUTY TO STAY COURT PROCEEDINGS IN FAVOUR OF ARBITRATION: A PRACTICAL APPLICATION On 16 March 2012, the Bank wrote a letter to the Development Fund calling an event of default and threatening to commence arbitration proceedings if the Bank refused to reimburse the monies owed under the 2011 Loan Agreement.

  • The 2011 Loan Agreement was for a very substantial sum of money, USD 200 million, which was advanced for a public purpose in Militantis: the construction of a very substantial railway line.

  • If an offense were committed out of state, there is no way to know about it unless another Federal Bureau of Investigation background check is conducted.


More Definitions of 2011 Loan Agreement

2011 Loan Agreement shall have the meaning assigned in the Recitals above.
2011 Loan Agreement means the Company’s Loan Agreement dated as of April 8, 2011.
2011 Loan Agreement means that certain Loan Agreement dated November 1, 2011 between the Agency and Compass Bank.

Related to 2011 Loan Agreement

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Original Loan Agreement has the meaning set forth in the Recitals to this Agreement.

  • Whole Loan Agreement Any Reconstitution Agreement in respect of a Whole Loan Transfer.

  • Prior Loan Agreement is defined in Recital A.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.

  • Mezzanine Loan Agreement means that certain Mezzanine Loan Agreement, dated as of the date hereof, between Mezzanine Borrower and Mezzanine Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Agency loan agreement means any agreement pursuant to

  • Loan Agreements means any other loan agreements entered into by and between the Trust and one or more of the Borrowers pursuant to which the Trust will make Loans to such Borrowers from moneys on deposit in the Project Fund, excluding the Project Loan Account, financed with the proceeds of the Trust Bonds.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Underlying Loan Agreement means, with respect to any Loan, the document or documents evidencing the commercial loan agreement or facility pursuant to which such Loan is made.

  • Note Agreement hereunder," "hereof," "herein," or words of like import referring to the Note Agreement, shall mean and be a reference to the Note Agreement, as amended hereby.

  • Construction Loan Agreement means the Construction Loan Agreement between Lender and Borrower for construction on the Land.

  • Financing Agreement means any lease purchase agreement, installment sale agreement, loan agreement, line of credit or other agreement of the department or, with the approval of the director, and any agency, to finance the improvement, use or acquisition of real or personal property that is or will be owned or operated by one or more agencies of the State, the department or any agency, or to refinance previously executed financing agreements including certificates of participation relating thereto. The School shall not act as a guarantor of any such financing agreement.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Forbearance Agreement means the forbearance agreement entered into by Granite Co. prior to the implementation of the 2011 Arrangement.

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • Term Loan Credit Agreement has the meaning set forth in the recitals to this Agreement.

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

  • Term Credit Agreement shall have the meaning set forth in the recitals hereto.

  • Credit Agreement has the meaning assigned to such term in the preliminary statement of this Agreement.