Funding Loan definition

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.
Funding Loan means the loan in the original principal amount of $[AMOUNT] made to the Governmental Lender pursuant to this Funding Loan Agreement by the Initial Funding Lender.
Funding Loan means the loan originated hereunder by the Bank to the Governmental Lender in an aggregate principal amount of up to $[ ], evidenced by the Funding LoanNote, for the purpose of enabling the Governmental Lender to make the Borrower Loan to the Borrower pursuant to the terms of the Borrower Loan Agreement.

Examples of Funding Loan in a sentence

  • The Fiscal Agent shall not be accountable for the use or application of the Governmental Note authenticated or delivered hereunder or of the proceeds of the Funding Loan except as provided herein.

  • The Governmental Note shall be in substantially the form attached as Exhibit A, with such appropriate insertions, omissions, substitutions and other variations as are required or permitted by this Funding Loan Agreement.

  • Any forbearance by the Funding Lender in exercising any right or remedy under this Note or any other document evidencing or securing the Funding Loan or otherwise afforded by applicable law, shall not be a waiver of or preclude the exercise of that or any other right or remedy.

  • Capitalized terms are defined in Section 1.01 of this Funding Loan Agreement.

  • All the covenants and representations contained in this Funding Loan Agreement by or on behalf of the parties hereto shall bind and inure to the benefit of their successors and assigns, whether so expressed or not.


More Definitions of Funding Loan

Funding Loan has the meaning provided in Section 4.03 hereof.
Funding Loan means the funds advanced by the Funding Lender to the Governmental Lender and applied by the Governmental Lender to make the Borrower Loan.
Funding Loan means a non-interest bearing loan from the Purchaser to the Company denominated in Canadian dollars in an aggregate principal amount equal to the aggregate amount of cash required by the Company to make the payments in Section 2.3(c) (including any applicable withholdings), which shall be evidenced by way of a non-interest bearing demand promissory note granted by the Company in favour of the Purchaser;
Funding Loan has the meaning provided in Section 4.3 hereof.
Funding Loan. The loan from the Funding Lender to the Governmental Lender under the Funding Loan Agreement to provide the Governmental Lender funds to lend the Borrower Loan under the Borrower Loan Agreement.