Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.
Initial Loans shall have the meaning provided in Section 2.1(a).
Initial Loans has the meaning given to such term in Section 2.19(d).
Examples of Initial Loans in a sentence
The Originator represents and warrants on the Closing Date with respect to the Initial Loans (or as of the related Transfer Date, with respect to Subsequent Loans or Substitute Loans), that except as otherwise provided in Section 2.10, the Required Loan Documents and each other item included in the Loan File for each Loan are in the possession of the Trustee (or the Custodian, on behalf of the Trustee).
In consideration of the Originator’s transfer of the Initial Loans to the Issuer, the Issuer will transfer the Initial Advance to the Originator on the Closing Date.
More Definitions of Initial Loans
Initial Loans means those Loans conveyed to the Issuer on the Closing Date and identified on the initial List of Loans required to be delivered pursuant to Section 2.02(d).
Initial Loans means the Loans made on the Closing Date.
Initial Loans means the initial Loans made under this Agreement.
Initial Loans has the meaning set forth in Section 2.22(b).
Initial Loans means the Revolving Credit Loans made to the Borrowers on the Effective Date pursuant to the Initial Notice of Borrowing.
Initial Loans means the term loans made or converted from Prior Term Loans by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01.
Initial Loans means, collectively, the Initial Revolving Loans and the Initial Term Loans.