Club Loans definition

Club Loans means, collectively, the Deeded Club Loans and the Aruba Club Loans.
Club Loans means the principal and interest outstanding under the Club Loan Agreement.

Examples of Club Loans in a sentence

  • The Seller shall use its best efforts to exercise its substitution option with respect to Original Club Loans prior to exercise of its repurchase option.

  • In addition, the Issuer acknowledges that the Club Originator shall use its best efforts to exercise its substitution option with respect to Original Club Loans prior to exercise of its repurchase option.

  • The Issuer hereby acknowledges that pursuant to the Transfer Agreement and the Bluegreen Purchase Agreement, the Depositor has irrevocably granted to the Club Originator an option to repurchase or substitute Original Club Loans it has thereunder and as described in the following sentence.

  • The Depositor hereby irrevocably grants to the Seller an option to repurchase or substitute Original Club Loans it has under the Sale Agreement, the Transfer Agreement and as described in the following sentence.

  • Bluegreen shall use its best efforts to exercise its substitution option with respect to Original Club Loans prior to exercise of its repurchase option.

  • Within 30 days of the Closing Date (with respect to the Initial Timeshare Loans that are Aruba Club Loans) and the related Transfer Date (with respect to a Subsequent Timeshare Loan or Qualified Substitute Timeshare Loan that is an Aruba Club Loan), the Servicer shall confirm that notices have been mailed out to each related Obligor that such Timeshare Loan has ultimately been transferred and assigned to the Issuer and pledged to the Indenture Trustee, in trust, for the benefit of the Noteholders.

  • The Depositor hereby irrevocably grants Bluegreen an option to repurchase or substitute Original Club Loans it has under the Sale Agreement, the Bluegreen Purchase Agreement and as described in the following sentence.

  • A The Parties wish to implement the Restructuring principally through a 363 Transaction or Chapter 11 Plan and one or more Court Supervised Arrangements in respect of the Club Loans and the Notes.

  • Without limiting the generality of the foregoing, any other Claims such Consenting Creditor may have against such parties arising out of or relating to the Club Loans or the Notes or enforcement thereof (including, without limitation, any claims arising out of or relating to the Undertakings), shall not be released.

  • Lucid Issuer Services Limited at xxx@xxxxx-xx.xxx SCHEDULE 8: THE TERM SHEET This Term Sheet sets out the terms for a restructuring of the Club Loans and the Notes.

Related to Club Loans

  • Refinanced Loans has the meaning specified in Section 10.01.

  • 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.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

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

  • Term Loans means the term loans made by the Term Lenders to the Borrower pursuant to Section 2.01(b).

  • Bank Loans means debt obligations (including, without limitation, term loans, revolving loans, debtor-in-possession financings, the funded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans, bridge loans and senior subordinated loans) that are generally provided under a syndicated loan or credit facility or pursuant to any loan agreement or other similar credit facility, whether or not syndicated.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

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

  • Refinancing Revolving Loans means one or more Classes of Revolving Loans that result from a Refinancing Amendment.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Loan or Loans means, as the context may require, Revolving Loans and/or Swing Line Loans.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

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

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

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

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • New Revolving Loans as defined in Section 2.25.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).