Collateral Loan Agreement definition

Collateral Loan Agreement means the loan agreement dated 11 December 2007 (as amended) made between the Collateral Guarantors as borrowers and the Bank as lender;
Collateral Loan Agreement means the loan agreement dated 17 December 2014 (as amended and restated by an amending and restating agreement dated 24 April 2015 and as the same may be further amended, supplemented, restated and/or novated from time to time) and made between (i) the Tasman Collateral Owners as joint and several borrowers, (ii) the banks and financial institutions listed in schedule 1 thereto as lenders, (iii) ABN AMRO Bank N.V. as agent, arranger and swap bank and (iv) the Tasman Security Agent in respect of a loan facility of (originally) up to $62,500,000 secured on (inter alia) the Tasman Collateral Vessels upon the terms and conditions therein contained.”;
Collateral Loan Agreement means the loan agreement dated 17 December 2014 and made between (i) Tasman Marine LLC, Xxxxxx Marine LLC, Drake Marine LLC, Mercator Marine LLC and Barentsz Marine LLC, as joint and several borrowers, (ii) the banks and financial institutions listed therein as lenders and (iii) ABN Amro Bank N.V. as lender, arranger, swap bank and security trustee, in respect of a loan facility of up to $62,500,000 secured on (inter alia) m.vs. “NEDLLOYD TASMAN” (tbr “TASMAN”), “NEDLLOYD XXXXXX” (tbr “XXXXXX”), “NEDLLOYD MERCATOR” (tbr “MERCATOR I”), “NEDLLOYD BARENTSZ” (tbr “BARENTSZ”) and “NEDLLOYD DRAKE” (tbr “DRAKE”) (as amended, supplemented and/or novated from time to time);”;

Examples of Collateral Loan Agreement in a sentence

  • In entering into any loan under this Agreement, Dealer shall obtain information from the borrower including proof of income, confirmation of valid driver’s license, and shall execute this Additional Collateral Loan Agreement between JCFCU and Dealer for Dealer compliance with the terms and conditions of the guarantee for the auto loan for the individual above-referenced.

  • Because the Loan Note Guarantee is associated with a specific Promis- sory Note and cannot be transferred to a new Promissory Note, the Lender must transfer the original Promissory Note and loan security documents to 7 CFR Ch. XLII (1–1–20 Edition) the new Lender, who must agree to its current loan terms, including the In- terest rate, secondary market Holder (if any), Collateral, Loan Agreement terms, and guarantors.

  • Evidence that each Collateral Vessel is insured in the manner required by the Additional Security Documents and that letters of undertaking will be issued in the manner required by the Additional Security Documents, together with (if required by the Lender) the written approval of each Collateral Vessel's Insurances (as such term is defined in the relevant Collateral Loan Agreement) by an insurance adviser appointed by the Lender.


More Definitions of Collateral Loan Agreement

Collateral Loan Agreement means a loan agreement dated 13 March 2008 (as amended and supplemented by supplemental agreements dated 12 December 2008 and July 2009 respectively) made (originally) between (i) Annapolis Shipping Company Limited, Atlas Owning Company Limited, Farat and Lansat Shipping Company Limited (the “Collateral Borrowers”) as joint and several borrowers and (ii) the Lender as lender, in respect of a loan facility of (originally) US$130,000,000;
Collateral Loan Agreement means either of them; "Collateral Manager's Undertakings" means the manager's undertakings in respect of the Collateral Vessels to be executed by the Manager in favour of the Lender, in such form and containing such terms and conditions as the Lender shall require and "Collateral Manager's Undertaking" means any one of them; "Collateral Mortgages" means the second preferred Liberian mortgages in respect of the Collateral Vessels to be granted by the relevant Collateral Owners in favour of the Lender, in such form and containing such terms and conditions as the Lender shall require and "Collateral Mortgage" means any one of them; "Collateral Owners" means the Xingang Collateral Owner, the Xxxxxx Collateral Owner and the Pantelis Collateral Owner and "Collateral Owner" means any one of them; "Collateral Vessels" means the Marinos Collateral Vessel, the Xxxxxx Collateral Vessel and the Pantelis Collateral Vessel and "Collateral Vessel" means any one of them; "Effective Date" means the date on which the Lender confirms to the Borrowers in writing substantially in the form set out in Schedule 1 that all of the conditions referred to in clause 2.1 have been satisfied, which confirmation the Lender shall be under no obligation to give if Event of Default shall have occurred and be continuing; "Xxxxxx Collateral Owner" means Xxxxxx Maritime Ltd, a company incorporated under the laws of the Republic of Liberia, having its registered address at 00 Xxxxx Xxxxxx, Xxxxxxxx, Xxxxxxx; 4 "Xxxxxx Collateral Vessel" means the motor vessel named "XXXXXX" with IMO no. 9204477 built in Poland in 1999, currently registered under the flag of the Republic of Liberia in the ownership of the Xxxxxx Collateral Owner and everything now or in the future belonging to her on board and ashore; "Marinos Collateral Vessel" means the motor vessel named "MARINOS" with IMO no. 9053232 built in Germany in 1993, currently registered under the flag of the Republic of Liberia in the ownership of the Xingang Collateral Owner and everything now or in the future belonging to her on board and ashore; "Pantelis Collateral Owner" means Pantelis Shipping Corp., a company incorporated under the laws of the Republic of Liberia, having its registered address at 00 Xxxxx Xxxxxx, Xxxxxxxx, Xxxxxxx; "Pantelis Collateral Vessel" means the bulk carrier vessel named "PANTELIS" with IMO no. 0000000 built in Japan in 2000, currently registered in the ownership of the Pantelis Collateral Owner under the flag of the...
Collateral Loan Agreement there shall occur an event of default (however therein described) under the Collateral Loan Agreement; or
Collateral Loan Agreement means loan agreement dated 30 May 2008 as amended and restated and made between (among others) (i) Clan Navigation Limited, Ebba Navigation Limited, Olympia II Navigation Limited, Xxxxxx Navigation Limited and Sui An Navigation Limited all of the Xxxxxxxx Islands as joint and several borrowers, (ii) ABN as lenders, (iii) ABN as mandated lead arranger and (iv) ABN as agent and security trustee in respect of a term loan facility of up to US$40,000,000;
Collateral Loan Agreement means the loan agreement dated 19 September 2013 (as amended and supplemented from time to time) made between (i) Kleimar as borrower, (ii) DVB Bank SE as lender, (iii) the Collateral Agent and (iv) DVB Bank SE as arranger, agent and security trustee in relation to a term loan facility of (originally) up to $40,000,000 of which $32,000,000 is outstanding on the date of this Agreement.
Collateral Loan Agreement means the loan agreement between a Collateral Borrower and the Originator relating to a Collateral Loan.
Collateral Loan Agreement means each of the Zeus Loan Agreement, and the Xxxxxx-Xxx-Kronos-Socrates Loan Agreement and the Ikaros Loan Agreement, and, in the plural, means any or all of them;