Holdings Loan definition

Holdings Loan means that certain loan obligation in the approximate amount

Holdings Loan means the unsecured intercompany loan to be made by the Borrower to Holdings on the Amendment No. 1 Effective Date (in lieu of the Restricted Payment contemplated by Section 6.08(a)(vii)(A)) with the proceeds of the Tack-on Loans, the proceeds of which will be used by Holdings to make the Restricted Payment contemplated by Section 6.08(a)(vii)(B).

Holdings Loan shall have the meaning set forth in Section 2.2(b).

Examples of Holdings Loan in a sentence

• Does not include Star Holdings Loan, GL Plus Fund and Leasehold Loan Fund.

• In respect of claims to possession/ownership/title to ship; questions arising between co-owners; and claims in respect of mortgage / hypotec / charge on a ship, an actionin rem may only be brought against that ship in connection with which the claim arose.

• All of the above elements of the acquisition financing plan, including the nature of the SNC-Lavalin Highway Holdings Loan, have been designed and structured with a view to preserving SNC-Lavalin’s investment grade rating.

• Holdings and FinanceCo entered into the Subordinated Loan Agreement, dated as of March 18, 1999 (the "Holdings Loan Facility"), pursuant to which Holdings loaned the proceeds of the issuance of the Bonds to FinanceCo.

• To the extent that the LT Holdings Loan was to be recharacterized as an equity investment by LT professionals have analyzed certain of these balances in the same manner set forth herein with respect to the Arcapita Bank Loan and the LT Holdings Loan, and these analyses are incorporated into the Plan Settlements.Holdings in Arcapita Bank, subordination of the LT Holdings Loan would benefit the creditors of Arcapita Bank.

More Definitions of Holdings Loan

Holdings Loan means the loan agreement dated 6 November 2012 made between Holdings and Law Debenture Trustees Limited.

Holdings Loan means (a) a loan made on the Closing Date by the Borrower to Holdings in cash of not more than $17,608,687.68, and (b) any loan made on an Incremental Loan Closing Date by the Borrower to Holdings in cash in an amount not to exceed the Net Cash Proceeds of the Incremental Loans made on that date to the extent such use complies with Section 5.08; provided that, in each case, (i) such loan is at all times evidenced by a promissory note constituting an “instrument” (as defined under Article 9 of the Uniform Commercial Code) that is pledged to the Collateral Agent for the ratable benefit of the Secured Parties pursuant to the Guarantee and Collateral Agreement, (ii) such loan shall be unsecured and subordinated to the Obligations on terms and conditions no less favorable to the Lenders than those contained in the Intercompany Note, and (iii) such promissory note may not be amended, modified, supplemented, amended and restated, refinanced or replaced if such amendment, modification, supplement, amendment and restatement, refinancing or replacement would modify the subordination terms contained therein or could reasonably be expected to be adverse in any material respect to the interests of the Collateral Agent or the Lenders.

Holdings Loan means a Loan under, and as defined in, the Holdings Credit Agreement made by the Holdings Lenders to Holdings pursuant to Section 2.1 of the Holdings Credit Agreement.

Holdings Loan means the loan agreement dated 21 May 2012 made between Holdings and Law Debenture Trustees Limited.

Holdings Loan means the transfer on the Pre-Effective Date by Holdings to DecisionOne of the Cash held by Holdings (approximately $1.2 million) in exchange for a senior unsecured note issued by DecisionOne with a term of 10 years. 9 1.51 "Holdings Loan Claims" means the Claims arising under the Holdings Loan.

Holdings Loan means the Indebtedness evidenced by the Holdings Loan Documents.

Holdings Loan shall have the meaning provided in Section 7.13(a).