ACP Loan definition

ACP Loan shall have the meaning assigned to such term in the recitals hereto.

Examples of ACP Loan in a sentence

  • This Agreement will terminate on the date on which both the Installment Sale Agreement and the ACP Loan have been both paid in full and terminated in accordance with the terms and conditions of each of the Installment Sale Credit Documents and the Senior Liability Documents.

  • In the event, that any payment, or any part thereof, is rescinded, reduced, restored or returned, then that amount of the Obligations or ACP Loan, as applicable, shall be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned.

Related to ACP Loan

  • PPP Loan means, with respect to any Target Company, the loan made to the Target Company by a bank pursuant to that certain promissory note under the U.S. Treasury’s Paycheck Protection Program (pursuant to the CARES Act).

  • 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.

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

  • Co-op Loan A Mortgage Loan secured by the pledge of stock allocated to a dwelling unit in a residential cooperative housing corporation and a collateral assignment of the related Co-op Lease.

  • CD Loan means a Committed Loan to be made by a Bank as a CD Loan in accordance with the applicable Notice of Committed Borrowing.