AL Loan Agreement definition

AL Loan Agreement means the Loan Agreement dated as of October 1, 2010 between the AL Issuer and the Borrower.
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Examples of AL Loan Agreement in a sentence

  • Amounts properly withheld under the Code or other applicable law by any Person from a payment under any Debt shall be considered as having been paid by the Issuer to the relevant Holder for all purposes of this Indenture and the Class A-L Loan Agreement, as applicable.

  • Terms used but not defined herein have the respective meanings given to such terms in (or incorporated by reference in) the Class A-L Loan Agreement.

  • The Issuer will duly and punctually pay the principal of and interest on the Secured Debt, in accordance with the terms of such Secured Debt, the Class A-L Loan Agreement and this Indenture pursuant to the Priority of Payments.

  • From and after the Assignment Date (A) the Assignee shall be a party to and be bound by the provisions of the Class A-L Loan Agreement and, to the extent of the Assigned Interest, have the rights and obligations of a Lender thereunder and (B) the Assignor shall, to the extent of the Assigned Interest, relinquish its rights and be released from its obligations under the Class A-L Loan Agreement.

  • The Assignee hereby acknowledges receipt of a copy of the Class A-L Loan Agreement and the Indenture.

  • Each Class A-L Loan will be evidenced by a physical certificate to the extent requested by the applicable Class A-L Lender pursuant to the Class A-L Loan Agreement.

  • All Cash and obligations deposited with the Trustee pursuant to Section 4.1 shall be held for the benefit of the Secured Parties and applied by it in accordance with the provisions of the Debt, the Class A-L Loan Agreement and this Indenture, including, without limitation, the Priority of Payments, either directly or through any Paying Agent, as the Trustee may determine; and such Cash and obligations shall be held in a segregated account identified as being held for the benefit of the Secured Parties.

  • The Trustee (and the Loan Agent, ifas applicable) shall be entitled to receive, and shall be fully protected in relying upon an Opinion of Counsel stating that the Re-Pricing is authorized or permitted by this Indenture or the Class A-L Loan Agreement, as applicable, and that all conditions precedent thereto have been complied with.

  • Each Class A-L Loan will be evidenced by a physical certificate to the extent requested by the Class A-L Lender pursuant to the Class A-L Loan Agreement.

  • The Issuer is duly authorized to execute and deliver this Indenture to provide for the Notes issuable as provided in this Indenture and the Class A-L Loans incurred pursuant to the Class A-L Loan Agreement.