Associated Loan definition

Associated Loan means, with respect to a Leveraged Share, the Loan proceeds used on behalf of the Participant to purchase such Leveraged Share (together with interest, where applicable).
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Associated Loan in relation to the Associated Loan Agreement means the principal amount of the loan owing to the Lender by the Collateral Owners under the Associated Loan Agreement at any relevant time;
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Associated Loan means the aggregate principal amount borrowed by Leader as borrower in respect of the Associated Commitment or (as the context may require) the principal amount thereof owing to the Lender under the Associated Loan Agreement at any relevant time;
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Examples of Associated Loan in a sentence

  • This Agreement, the Discretionary Note, the Security Agreement, the Financing Statements, the Mortgage, the Environmental Indemnity Agreement, the Warrant, the Associated Loan Documents and each other instrument, document, guaranty, security agreement, or other agreement executed and delivered by the Borrower or any guarantor or party granting security interests in connection with this Agreement, the Associated Loan Documents, the Discretionary Loans, or any collateral for the Discretionary Loans.

  • Information Related to Associated Loan: Since the Bank pays the loan (financing) amount to the seller due to legislations/financing provision method, according to Article 30/5 of Consumer Protection Law No 6502, unless there is a separate agreement in relation to provision of a product or service between the Bank and the seller or provider, loans utilized with this method are not considered associated loans.

  • All terms, conditions and provisions of the Associated Loan Documents shall remain in full force and effect, modified only to the extent necessary to accomplish the purposes of this Amendment.

  • As collateral security for the full and timely payment of all amounts due with respect to the Associated Loan, the Participant shall pledge and grant to the Company a first priority continuing security interest and lien in and right of setoff against all of the Participant’s right, title and interest in the Leveraged Shares, any rights relating thereto and any proceeds therefrom (the “Security Interest”).

  • This Agreement sets out the terms and conditions upon and subject to which it is agreed that the Lender will make available to the Borrower by way of one (1) Advance, a secured term loan facility in the amount of up to Twenty one million Dollars ($21,000,000) which when added to the Associated Loan represents up to fifty per cent (50%) of the aggregate Market Value of the Vessels,.

Related to Associated Loan

  • Related Loan means any loan or extension of credit to an Obligor of a Shared-Loss Loan held by the Assuming Institution at any time on or prior to the end of the Final Shared-Loss Month.

  • Syndicated Loan means a Loan made by a Lender pursuant to Section 2.01(a); provided that, if any such loan or loans (or portions thereof) are combined or subdivided pursuant to a Notice of Interest Rate Election, the term “Syndicated Loan” shall refer to the combined principal amount resulting from such combination or to each of the separate principal amounts resulting from such subdivision, as the case may be.

  • 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.

  • Liquidated Loan A Mortgage Loan with respect to which the related Mortgaged Property has been acquired, liquidated or foreclosed and with respect to which the applicable Servicer determines that all Liquidation Proceeds which it expects to recover have been recovered.

  • Related Loan Group For Group 1, Loan Group 1; for Group 2, Loan Group 2; for Group 3, Loan Group 3; and for Group 4, Loan Group 4.