Esterhazy Loan definition

Esterhazy Loan means the loan represented by the promissory demand note payable by Sifto Canada Inc. to IMC Esterhazy Canada Limited Partnership, including any accrued and unpaid interest thereon. "ESTIMATED CLOSING DATE COMPANY CONTRIBUTION ADJUSTMENT" shall have the meaning set forth in Section 2.10(a).
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Esterhazy Loan means the loan represented by the promissory -------------- demand note payable by Sifto Canada Inc. to IMC Esterhazy Canada Limited Partnership, including any accrued and unpaid interest thereon. "Estimated Closing Date Company Contribution Adjustment" shall have ------------------------------------------------------ the meaning set forth in Section 2.10(a).
Sample 1
Esterhazy Loan means the loan represented by the promissory demand note payable by Sifto Canada Inc. to IMC Esterhazy Canada Limited Partnership, including any accrued and unpaid interest thereon.
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Examples of Esterhazy Loan in a sentence

  • On the Closing Date, the Surviving Corporation shall cause the U.K. Loans and the Esterhazy Loan to be repaid to Seller immediately following the Effective Time.

  • Prior to the Closing, Seller and the Acquired Companies shall cause the elimination of all intercompany accounts between the Seller Group on the one hand and the Acquired Companies on the other hand, other than the U.K. Loans and the Esterhazy Loan; provided, however, that the Seller shall not pay, or cause to be repaid, all or any portion of the U.K. Loans and the Esterhazy Loan between the date of this Agreement and the Closing.

  • It seems that other responsible persons, according to the division of tasks at the Prosecutor General's Office, are in practice not much involved with this work.

Related to Esterhazy Loan

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • 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.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Commercial loan means a loan that is not made primarily for

  • Subloan means a loan made or proposed to be made partially out of the proceeds of the Loan by a Participating Bank to a Beneficiary (as such term is hereinafter defined) under Parts D and I of the Project for the financing of the investments and associated working capital under Subprojects (as such term is hereinafter defined);

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • 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.

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

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

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

  • PACE Loan means (x) any “Property-Assessed Clean Energy loan” or (y) any other indebtedness, without regard to the name given to such indebtedness, which is (i) incurred for improvements to the Property for the purpose of increasing energy efficiency, increasing use of renewable energy sources, resource conservation, or a combination of the foregoing, and (ii) repaid through multi-year assessments against the Property.

  • Wet Loan means a Purchased Loan originated and owned by the Seller immediately prior to being purchased by the Buyers:

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • Term SOFR Loan means a Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • PPP Loan means the loan made to the Company by the PPP Lender pursuant to the PPP Loan Agreement, for the principal amount of $905,207.00, pursuant to the requirements of the Paycheck Protection Program under the CARES Act.

  • Lender-Paid Mortgage Insurance Loan Each of the Mortgage Loans identified on the Mortgage Loan Schedule as having a Lender-Paid Mortgage Insurance Rate.

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Subsidiary Loan means any loan made pursuant to a Subsidiary Loan Agreement;

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • LPMI Loan A Mortgage Loan with a LPMI Policy.

  • Sub-loan means a loan made or proposed to be made out of the proceeds of the Loan to a Beneficiary for a Development Project;

  • Base Rate Loan means a Loan that bears interest based on the Base Rate.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Initial Loan is defined in Section 2.1.

  • Real Estate Loan means any debt obligation that is (a) directly or indirectly secured by a mortgage, deed of trust or similar Lien on commercial real estate, residential real estate, office, retail or industrial property or undeveloped land, is underwritten as a mortgage loan and is not otherwise associated with an operating business or (b) a loan to a company engaged primarily in acquiring and developing undeveloped land (whether or not such loan is secured by real estate).

  • Term Loan as defined in Section 2.1.