CL Loan definition

CL Loan means a Loan made by a CL Lender pursuant to Section 2.01(e). Each CL Loan shall be denominated in Dollars and shall be a Eurocurrency Loan or an ABR Loan.
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CL Loan means an Eligible Mortgage Loan for which CL is the Approved Takeout Investor.
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CL Loan means the current account that may be granted by "INTERCAM BANCO" to the "CUSTOMER" in accordance with the provisions of this chapter, the use of which shall be exclusively for liquidation of purchase and sale of currencies operations carried out by the "CUSTOMER" with "INTERCAM BANCO" or else with any of the entities comprising Intercam Grupo Financiero, S.A. de C.V. (hereinafter "INTERCAM").
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Examples of CL Loan in a sentence

  • Each CL Lender hereby irrevocably authorizes the Administrative Agent to fund each CL Loan to be made by it hereunder solely by requesting the Deposit Bank to withdraw such CL Lender’s CL Percentage of the Credit-Linked Deposits on deposit with the Deposit Bank in the Credit-Linked Deposit Account and to pay same over to it.

  • Each CL Borrower hereby unconditionally, and jointly and severally, promises to pay on the Term Loan Maturity Date in Dollars to the Administrative Agent for the account of each CL Lender the then unpaid principal amount of each CL Loan of such CL Lender owing by any CL Borrower.

  • Each CL Borrower hereby unconditionally promises to pay on the Revolving Facility Maturity Date in Dollars to the Administrative Agent for the account of each CL Lender the then unpaid principal amount of each CL Loan of such CL Lender owing by such CL Borrower.

  • Furthermore, until the CS Loan has been repaid, the Members shall not amend this Agreement or the Certificate of Formation without the prior written consent of Agent (as defined in the Loan Agreement for the CL Loan) in its Permitted Discretion (as defined in the Loan Agreement for the CL Loan).

  • Each CL Borrower hereby unconditionally, and jointly and severally, promises to pay on the Term B Loan Maturity Date in Dollars to the Administrative Agent for the account of each CL Lender the then unpaid principal amount of each CL Loan of such CL Lender owing by any CL Borrower.

  • Each CL Lender hereby irrevocably authorizes the Administrative Agent to fund each CL Loan to be made by it hereunder solely by -68- requesting the Deposit Bank to withdraw such CL Lender's CL Percentage of the Credit-Linked Deposits on deposit with the Deposit Bank in the Credit-Linked Deposit Account and to pay same over to it.

  • Each CL Borrower hereby unconditionally, and jointly and severally, promises to pay on April 2, 2014 in Dollars to the Administrative Agent for the account of each CL Lender the then unpaid principal amount of each CL Loan of such CL Lender owing by any CL Borrower.

  • Each CL Borrower hereby unconditionally, and jointly and severally, promises to pay on the Term B Loan Maturity DateApril 2, 2014 in Dollars to the Administrative Agent for the account of each CL Lender the then unpaid principal amount of each CL Loan of such CL Lender owing by any CL Borrower.

  • Each CL Lender hereby irrevocably authorizes the Administrative Agent to fund each CL Loan to be made by such CL Lender hereunder solely by requesting the Deposit Bank (and the Deposit Bank hereby agrees) to withdraw such CL Lender's CL Percentage of the Credit-Linked Deposits on deposit with the Deposit Bank in the Credit-Linked Deposit Account and to pay same over to the Administrative Agent.

  • Each CL Lender hereby irrevocably authorizes the Administrative Agent to fund each CL Loan to be made by it hereunder solely by requesting the Deposit Bank to withdraw such CL Lender's CL Percentage of the Credit-Linked Deposits on deposit with the Deposit Bank in the Credit-Linked Deposit Account and to pay same over to it.


More Definitions of CL Loan

CL Loan means a Loan made by a CL Lender pursuant to Section 2.01(c). Each CL Loan shall be denominated in Dollars and shall be a Eurocurrency Loan or an ABR Loan. “CL Percentage,” with respect to any CL Lender at any time, shall mean a fraction (expressed as a percentage) the numerator of which is the Credit-Linked Commitment of such CL Lender at such time and the denominator of which is the Total Credit-Linked Commitment at such time, provided that if the CL Percentage of any CL Lender is to be determined after the Total Credit-Linked Commitment has been terminated, then the CL Percentage of such CL Lender shall be determined immediately prior (and without giving effect) to such termination.
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CL Loan means a Loan made by a CL Lender pursuant to Section 2.01(c). Each CL Loan shall be denominated in Dollars and shall be a Eurocurrency Loan or an ABR Loan. "CL PERCENTAGE", with respect to any CL Lender at any time, shall mean a fraction (expressed as a percentage) the numerator of which is the Credit-Linked Commitment of such CL Lender at such time and the denominator of which is the Total Credit-Linked Commitment at such time, PROVIDED that if the CL Percentage of any CL Lender is to be determined after the Total Credit-Linked Commitment has been terminated, then the CL Percentage of such CL Lender shall be determined immediately prior (and without giving effect) to such termination. "CL RESERVE ACCOUNT" shall have the meaning assigned to such term in Section 10.02(a). "CLEAN-UP PERIOD" shall mean the 60 day period following the Closing Date.
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CL Loan shall have the meaning provided in Section 1.01(b).
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CL Loan means the period of time indicated in the "CL TILE CHAPTER". "PESOS OR MEXICAN CURRENCY": means the lawful currency of Mexico.
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