Engine Loan definition

Engine Loan means the loan obligations arising under the Engine Loan Agreement.
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Examples of Engine Loan in a sentence

  • Capitalized terms used herein and not otherwise defined shall have the same meaning as is ascribed to such terms in that certain Consolidated, Amended and Restated Aircraft and Engine Loan and Security Agreement dated March 25, 1996, as at any time amended (the "Loan Agreement"), between the Maker, as borrower therein, and the Holder, as lender therein.

  • By:___________________________ Title:________________________ Exhibit B To Engine Loan and Security Agreement SCHEDULE This Schedule is executed and delivered by T-12 Inc.

Related to Engine Loan

  • Cov-Lite Loan A Collateral Obligation the Underlying Documents for which do not (i) contain any financial covenants or (ii) require the Obligor thereunder to comply with any Maintenance Covenant (regardless of whether compliance with one or more Incurrence Covenants is otherwise required by such Underlying Documents); provided that, notwithstanding the foregoing, a Collateral Obligation shall be deemed for all purposes (other than the S&P Recovery Rate for such Collateral Obligation) not to be a Cov-Lite Loan if the Underlying Documents for such Collateral Obligation contain a cross-default or cross acceleration provision to, or such Collateral Obligation is pari passu with, another loan, debt obligation or credit facility of the underlying Obligor that contains one or more Maintenance Covenants.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • PPP Loan means, with respect to any Target Company, the loan made to the Target Company by a bank pursuant to that certain promissory note under the U.S. Treasury’s Paycheck Protection Program (pursuant to the CARES Act).