General Loans definition

General Loans means all Loans other than Inventory Financing Sublimit Borrowings; provided, that Inventory Financing Sublimit Borrowings may be converted into General Loans in accordance with Section 2.11(e)(ii).

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General Loans means all Loans other than the Development Loans.

General Loans means all Loans other than Inventory Financing Loans; provided, that Inventory Financing Loans may be converted into General Loans in accordance with Section 2.03(f) and Section 2.02(a).

Examples of General Loans in a sentence

• Each such prepayment shall be applied ratably to the General Loans.

• Each Lender’s General Commitment shall (x) be reduced by the aggregate principal amount of such Lender’s General Loans made on each applicable date of Borrowing of General Loans and (y) terminate on and as of the earlier to occur of 5:00 p.m. on (A) the last day of the Availability Period, and (B) the applicable date of the last Borrowing of General Loans permitted under this Section 2.01(a).

• Subject to the terms and conditions set forth herein, beginning on the Effective Date and until the Maturity Date the Lender agrees to make at the request of the Borrower General Loans to the Borrower in an aggregate amount not to exceed $1,000,000 outstanding at any one time.

• The Technical Assistance Loan, for training costs and the hiring of consultants for sub-projects financed by General Loans, will be an interest-free/low interest loan.

• General Loans to LLC’s may have credit risks and credit considerations unique beyond traditional cooperative lending.

• The terms of the main body of this Appendix C, together with Schedules 1 and 2, apply to General Loans.

• Each such notice of voluntary prepayment pursuant to this Section 2.05(a) shall specify (x) the date and amount of such prepayment, (y) whether such Loans to be prepaid are General Loans, Drop-Down Loans and/or RMP Loans, and (z) the Type(s) of Loans to be prepaid.

• Unless otherwise agreed, any Loan Fee or Late Fees payable hereunder shall be paid by Borrower upon the earlier of (i) five (5) Business Days after receipt of an invoice from Customer or (ii) the termination of all General Loans hereunder (the “Payment Due Date”).

• Unless otherwise specified in the applicable prepayment notice delivered pursuant to Section 2.03(a), or in writing by the Borrower prior to such prepayment, all prepayments pursuant to Section 2.03(a), (b) or (c) shall be deemed to be prepayments of first, General Loans and then, to the extent no General Loans are outstanding, Inventory Financing Loans.

• General Loans to new or existing customers undertaking substantial construction projects represent added credit risks to Cofina.

More Definitions of General Loans

General Loans means all Loans other than Inventory Financing Sublimit Borrowings; provided, that Inventory Financing Sublimit Borrowings may be converted into General Loans in accordance with Section 2.11(e)(ii). 1 AG: please explain why the GEL Wyoming Entities would need to expand beyond the GEL Wyoming Business.

General Loans means all Loans other than Inventory Financing Loans; provided, that Inventory Financing Loans may be converted into General Loans in accordance with Section 2.03(f) and Section 2.02(a). “Governmental Authority” means any nation or government, any state or other political subdivision thereof, any agency, authority, instrumentality, regulatory body, court, administrative tribunal, central bank or other legal entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government. “Guarantor” means any Person that undertakes to be liable for all or any part of the Obligations by execution of a Guaranty or otherwise. “Guaranty” means a Guaranty now or hereafter made by any Guarantor in favor of the Administrative Agent on behalf of the Lenders, substantially in the form of Exhibit E-1, E-2 or E-3, together with all supplements thereto and amendments and restatements thereof. “Guaranty Obligation” means, as to any Person, (a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other payment obligation of another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other payment obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other payment obligation of the payment of such Indebtedness or other payment obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other payment obligation, or (iv) entered into for the purpose of assuring in any other manner the obligees in respect of such Indebtedness or other payment obligation of the payment thereof or to protect such obligees against loss in respect thereof (in whole or in part), or (b) any Lien on any assets of such Person securing any Indebtedness or other payment obligation of any other Person, whether or not such Indebtedness or other payment obligation is assumed by such Person; provided, however, that the term “Guaranty Obligation” shall not include endorsements of instruments for deposit or collection in the ordinary course of ...

General Loans the loans made by the Lender to the Borrower pursuant to Section 2.05 of this Agreement.