EIB Loan definition

EIB Loan means the loan facilities provided by The European Investment Bank to FMCAG pursuant to loan documentation dated as of July 13, 2005, December 19, 2006 and December 23, 2009, and any Support Obligations of FMCH and FMCD in respect thereof, as amended or modified and as in effect from time to time, and any additional or supplemental loans provided by the European Investment Bank on terms materially no less favorable to the Lenders.

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EIB Loan means all loans under the Finance Contract dated April 12, 2017 by and between the Company and European Investment Bank, as amended.

EIB Loan means the loan provided by EIB to the Borrower in the amount of one hundred seventy-five million Dollars equivalent ($175,000,000) for the purpose of financing the Project;

Examples of EIB Loan in a sentence

The Borrower undertakes to separate the EIB Loan Account from any other of its assets and ensure that payments from such account will only be made for the purposes of implementing the Project in accordance with this Contract, the NIF Documentation (if applicable) and other relevant agreements, if any.
The Borrower also undertakes to ensure that the EIB Loan Account shall at all times be insolvency remote and that no other creditor of the Borrower shall have any access to or rights to receive monies from such account.
Borrower agrees that the proceeds of the Term Loan Advance shall be used solely to (a) refinance existing indebtedness pursuant to the EIB Loan Facility and the Eastward Facility, (b) to pay related fees and expenses in connection with this Agreement, and (c) for working capital and general corporate purposes, including the repurchase of warrants issued to European Investment Bank by Borrower as existing on the Closing Date.
No Loan Party shall, nor shall it permit any of its Subsidiaries to, agree to any material amendment, restatement, supplement or other modification to, or waiver of, any of its material rights under either the EIB Loan Facility or the Eastward Facility after the Closing Date without in each case obtaining the prior written consent of the Required Lenders to such amendment, restatement, supplement or other modification or waiver.
The Borrower undertakes to designate the EIB Loan Account for the purposes or receiving disbursements of the Loan from the Bank.

More Definitions of EIB Loan

EIB Loan means the loan in the maximum principal amount of EUR 115,000,000, to be provided by EIB to the Borrower pursuant to the EIB Loan Agreement, or, as the context may require, the principal amount thereof from time to time outstanding.

EIB Loan all amounts owing from the Holding Fund to EIB pursuant to the EIB Facility Agreement; “EIB Loan Repayment Point” “EIB Product Fund Investment Account”

EIB Loan means the loan from the EIB to the Company and the Parent, as evidenced by that certain Finance Contract dated as of April 14, 2004, between the Company, the Parent, and the EIB, as amended by letter agreement dated June 30, 2004, and as it may otherwise be amended or supplemented from time to time.

EIB Loan means that certain line of credit in the amount of €30,000,000, pursuant to the Finance Contract between the Company and the European Investment Bank dated as of July 24, 2020, of which the Company represents that €10,000,000 has been drawn as of the date of this Agreement.

EIB Loan means the loan to be made by EIB to the Issuer pursuant to the EIB Loan Agreement;

EIB Loan means the loan to the Company extended by EIB pursuant to that certain Finance Contract dated March 31, 2021, as amended from time to time.

EIB Loan means the financial facility of USD21m that was on-lent by MRDC to MRL to finance the acquisition of the Lihirian Equity by MRL on behalf of the beneficiaries under the Deed of Settlement – Lihirians Equity Trust.