CDC Loans definition

CDC Loans means the CDC Ordinary Loans and the CDC Junior Loans.
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CDC Loans means all loans from CDC which are either,
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CDC Loans means, collectively, the CDC First 5 Loan and the $1,705,000 CDC Loan.
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Examples of CDC Loans in a sentence

  • Except with respect to the CDC Loans, the Company is not in default in the payment of the principal of or interest on any Indebtedness or under any instrument or agreement under or subject to which any Indebtedness has been issued and no event has occurred under the provisions of any such instrument or agreement which with or without the lapse of time or the giving of notice, or both, constitutes or would constitute an event of default thereunder.

  • Any prepayment will automatically result in the simultaneous and proportional repayment of the other Second Park CDC Loans.

  • Except for the CDC Loans, the Company does not have any indebtedness for borrowed money other than to the Lender.

  • In such a case, the Second Park CDC Loans will remain governed by the Second Park CDC Loans Agreements (integrating the Amendments) and the Common Agreement.

  • Effective upon the First Closing and the repayment of CDC Loans, and assuming that the Company receives a full $2 million in proceeds from Lender pursuant to the Second Closing, the Company reasonably believes that it will be able to pay its debts (excluding any amounts owed to the Lender under any of the Transaction Documents) incurred in the ordinary course of its business as they originally become due during the three- month period beginning on the date hereof.

  • This agreement shall not operate novation of the debt resulting from the Second Park CDC Loans and more specifically Tranche D, which Second Park CDC Loans terms shall remain unchanged (subject to the modifications made according to the terms of this agreement) notwithstanding the changes made to the Second Park CDC Loans or the creation of Tranche E.

  • Any prepayment will automatically result in the simultaneous and proportionate repayment of the other Second Park CDC Loans.

  • Effective upon the First Closing and the repayment of CDC Loans, and assuming that the Company receives a full $2 million in proceeds from Lender pursuant to the Second Closing, the Company reasonably believes that it will be able to pay its debts (excluding any amounts owed to the Lender under any of the Transaction Documents) incurred in the ordinary course of its business as they originally become due during the three-month period beginning on the date hereof.

  • This agreement shall not operate novation of the debt resulting from the Second Park CDC Loans and more specifically Tranche C, which Second Park CDC Loans terms shall remain unchanged (subject to the modifications made according to the terms of this agreement) notwithstanding the changes made to the Second Park CDC Loans or the creation of Tranche E.

Related to CDC Loans

  • Revolving Loans as defined in Section 2.4(a).

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.