IC Loan definition

IC Loan means any advance of moneys granted by the Issuer to the Asset Purchaser under the IC Loan Agreement pursuant to a Utilisation Request;
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Examples of IC Loan in a sentence

  • The payables and receivables between the respective companies of the P7S1 Group on the one hand and the Nordic Companies on the other hand (including interest) under the Existing IC Loan Agreements as of the Locked-box Date and as of November 30, 2012 are set out in Annex 5.1(a)-2.

  • The I/C Loan Account shall not at any time be subject to (A) a control agreement among, inter alia, the Borrower and the Collateral Agent or any other Person or (B) the Collateral Agent’s Security Interest or any other security interest or Lien of the Collateral Agent or any other Person.

  • The Borrower will not open or maintain any accounts other than the Facility Account, the Reserve Account, the Royalties Tax Account, one (1) Controlled Deposit Account and one (1) I/C Loan Account.

  • No amounts other than those under or in respect of the Intercompany Loan and the Intercompany Loan Agreement shall be paid, deposited or credited to or otherwise held in the I/C Loan Account, and the Borrower shall, and shall cause any other applicable Person to, transfer any such amounts from the I/C Loan Account to the Facility Account promptly upon receipt thereof in the I/C Loan Account.

  • Certain companies of the P7S1 Group and certain Nordic Companies are parties to the inter-company loan agreements listed in Annex 5.1(a)-1 (the “Existing IC Loan Agreements”).

Related to IC Loan

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

  • ▇▇▇▇▇▇▇▇ Loan means a Subsidized ▇▇▇▇▇▇▇▇ Loan or an Unsubsidized ▇▇▇▇▇▇▇▇ Loan.

  • 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.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.