Initial Loans definition

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

  • On the Closing Date, the Issuer transfers the Notes and the trust certificate to the Depositor in consideration for the Initial Loans.

  • The Depositor and the Depositor Loan Trustee for the benefit of the Depositor convey the Initial Loans to the Issuer and legal title to such Initial Loans to the Issuer Loan Trustee for the benefit of the Issuer on the Closing Date and may convey additional personal loans from time to time thereafter during the Revolving Period.

  • The Sellers sell the Initial Loans (as defined herein) to the Depositor and legal title to such Initial Loans to the Depositor Loan Trustee for the benefit of the Depositor on the Closing Date and may sell additional personal loans from time to time thereafter during the Revolving Period (as defined herein).

  • The Issuer and the Issuer Loan Trustee for the benefit of the Issuer pledge the Initial Loans, any additional Loans acquired after the Closing Date and certain other assets to the Indenture Trustee to secure the Notes.

  • Initial Loans Initial loans are made to projects with no existing Agency loan.


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, collectively, the Initial Revolving Loans and the Initial Term Loans.