GM Loan definition

GM Loan means a non interest bearing loan or loan facility made in connection with the GM Transaction pursuant to which GM will lend the Company up to $235 million and such additional amounts as GM and the Company may mutually agree in order to finance the construction and preparation of the New Facility.
GM Loan means loans and advances by GM to Borrower as evidenced ------- by the GM Note.

Examples of GM Loan in a sentence

  • Borrower shall have good and marketable title to all assets purchased with the proceeds of the GM Loan and otherwise relating to the HUMMER Annex.