AIM LOAN definition

AIM LOAN means a subject loan having a contract period described in clause (a) of subsection 2B.07 and bearing interest in accordance with clause (a) of subsection 2B.11;
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Related to AIM LOAN

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • 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.

  • Term Loan has the meaning specified in Section 2.01(b).

  • DIP Loan Any Loan (i) with respect to which the related Obligor is a debtor-in-possession as defined under the Bankruptcy Code, (ii) which has the priority allowed pursuant to Section 364 of the Bankruptcy Code and (iii) the terms of which have been approved by a court of competent jurisdiction (the enforceability of which is not subject to any pending contested matter or proceeding).

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