HY Funding Loan definition

HY Funding Loan means the €140,128,440 loans (representing the principal amount at maturity of €142,000,000, issued at a discount of 98.682 per cent.) made by the Parent to the Borrower representing the proceeds of the HY Offering provided that such funding loan bears interest at the same rate as the HY Notes together with an additional margin of not more than 0.22 per cent. per annum.
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HY Funding Loan means the intragroup loan which satisfies the criteria in Part I of Schedule 4 (Funding Loans).
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HY Funding Loan means the €140,128,440 loans (representing the principal amount at maturity of €142,000,000, issued at a discount of 98.682 per cent.) made by the Parent to Invitel representing the proceeds of the HY Offering provided that such funding loan bears interest at the same rate as the HY Notes together with an additional margin of not more than 0.22 per cent. per annum.
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Examples of HY Funding Loan in a sentence

  • After the Senior Discharge Date any payments on the HY Funding Loan Debt may be made and received freely in accordance with the terms of the HY Finance Documents.

  • Discharge Date any payments on the HY Funding Loan Debt may be made and received freely in accordance with the terms of the HY Finance Documents.

  • Each of the Senior Agent, the Hedge Counterparties, the HY Note Trustee, the FRN Trustee and the Subordinated Shareholder Creditors will on written request by any of the others from time to time notify the others in writing of details of the amount of the outstanding Senior Debt, Hedging Liabilities, HY Debt, FRN Debt and Subordinated Shareholder Debt (including the HY Funding Loan Debt and the FRN Funding Loan Debt) as the case may be, so far as known to it.

Related to HY Funding Loan

  • 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.

  • Non-Funding Lender has the meaning ascribed to it in Section 9.9(a)(ii).

  • PPP Loan means (i) any covered loan under paragraph (36) of Section 7(a) of the Small Business Act (15 U.S.C. 636(a)), as added by Section 1102 of the CARES Act, or (ii) any loan that is an extension or expansion of, or is similar to, any covered loan described in clause (i).

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Cov-Lite Loan A Collateral Obligation the Underlying Documents for which do not (i) contain any financial covenants or (ii) require the Obligor thereunder to comply with any Maintenance Covenant (regardless of whether compliance with one or more Incurrence Covenants is otherwise required by such Underlying Documents); provided that, notwithstanding the foregoing, a Collateral Obligation shall be deemed for all purposes (other than the S&P Recovery Rate for such Collateral Obligation) not to be a Cov-Lite Loan if the Underlying Documents for such Collateral Obligation contain a cross-default or cross acceleration provision to, or such Collateral Obligation is pari passu with, another loan, debt obligation or credit facility of the underlying Obligor that contains one or more Maintenance Covenants.

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • Term Loan as defined in Section 2.1.

  • Existing Loan means the loan identified on Exhibit H.

  • Initial Loan is defined in Section 2.1.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • CD Loan means a Committed Loan to be made by a Bank as a CD Loan in accordance with the applicable Notice of Committed Borrowing.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Funding Lender means Citibank N.A., a national banking association, and any successor under this Funding Loan Agreement and the Borrower Loan Documents.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Sub-loan means a loan made or proposed to be made out of the proceeds of the Loan to a Beneficiary for a Development Project;

  • Co-op Loan A Mortgage Loan secured by the pledge of stock allocated to a dwelling unit in a residential cooperative housing corporation and a collateral assignment of the related Co-op Lease.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • Wet Loan means a wet-funded first or second lien Mortgage Loan which is underwritten in accordance with the Underwriting Guidelines and does not contain all the required Mortgage Loan Documents in the Mortgage File.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Dollar Loan means a Loan denominated in Dollars.

  • Term SOFR Loan means a Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.