Fronted Loans definition

Fronted Loans. That portion of the Revolving Credit Loans which is funded by the Fronting Bank and is not funded by another Bank.
Sample 1
Fronted Loans means that portion of the Revolving Loans which is funded by the Fronting Lender and has not been funded by another Lender.
Sample 1

Examples of Fronted Loans in a sentence

  • All principal payments of A/C Fronted Loans shall be accompanied by accrued interest on the principal amount being repaid to the date of payment.

  • All prepayments of A/C Fronted Loans shall be subject to Section 2.16 but otherwise without premium or penalty.

  • Within the foregoing limits, the applicable Borrower may borrow, pay or prepay and reborrow A/C Fronted Loans hereunder, subject to the terms, conditions and limitations set forth herein.

  • Each Lender may require each Borrower to pay, contemporaneously with each payment of interest on its Eurocurrency Committed Loans and Fronted Loans, additional interest on the related Eurocurrency Committed Loan or Fronted Loan of such Lender at a rate per annum determined by such Lender up to but not exceeding the excess of (i) (A) the Eurocurrency Base Rate then in effect for such Loan divided by (B) one minus the Reserve Requirement applicable to such Lender over (ii) such Eurocurrency Base Rate.

  • Application filed: A national or regional application filed or PCT national phase processing started with a national or regional IP Office.Application discontinued: The application has been discontinued due to refusal by the IP Office, a withdrawal by the applicant(s) or a failure to prosecute, for example, non-payment of fees or not responding to an office action within the relevant period.

  • Each Lender acknowledges and agrees that its obligation to acquire participations in A/C Fronted Loans pursuant to this paragraph is absolute and unconditional and shall not be affected by any circumstance whatsoever, including the occurrence and continuance of a Default or an Event of Default, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever.

  • Except as provided in Section 2.24 (Conversion of A/C Fronted Loans) with respect to defaulted A/C Fronted Loans, all Alternative Currency Loans hereunder shall be denominated and made, and all payments hereunder or under any other Loan Document in respect thereof (whether of principal, interest, fees or otherwise) shall be made, in such Alternative Currency.

  • If any A/C Fronting Lender shall be required to deduct any Taxes from or in respect of any A/C Participation Fee (or any other payments in connection with the A/C Fronted Loans), Terex or the applicable Borrower shall pay to the applicable Revolving Credit Lender the “additional amount” referred to in the preceding sentence.

  • Each A/C Fronting Lender shall notify the applicable Borrower and the Administrative Agent of the A/C Fronting Base Rate or the A/C Fronted Fixed Rate applicable to such A/C Fronting Lender's A/C Fronted Loans promptly following each determination thereof.

  • The CAD Fronting Bank, at any time and from time to time in its sole and absolute discretion, may request a CAD Non-Funding Bank to fund directly to the CAD Fronting Bank its share of the outstanding CAD Fronted Loans plus accrued but unpaid interest thereon.

Related to Fronted Loans

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

  • Permitted Loans means:

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

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

  • Impacted Loans has the meaning specified in Section 3.03.

  • Revolving Advances means Advances made other than Letters of Credit.

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

  • 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.

  • Affected Loans as defined in Section 2.18(b).

  • 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.

  • LIBOR Rate Loans means Loans bearing interest at rates determined by reference to the Adjusted LIBOR Rate as provided in subsection 2.2A.

  • Prime Rate Loans means any Loans or portion thereof on which interest is payable based on the Prime Rate in accordance with the terms thereof.

  • Syndicated Loans means Base Rate Loans or Euro-Dollar Loans made pursuant to the terms and conditions set forth in Section 2.01.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Fixed Rate Loans means CD Loans or Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Eurodollar Rate Loans means any Loans or portion thereof on which interest is payable based on the Adjusted Eurodollar Rate in accordance with the terms hereof.

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

  • Canadian Prime Rate Loans means Loans for which the applicable rate of interest is based upon the Canadian Prime Rate.

  • Committed Loan has the meaning specified in Section 2.01.

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

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Swing Loans each is defined in Section 1.7 hereof.

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

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).