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
The terms of such Additional Loans must be identical to the terms of the Initial Loans except that the interest due on Additional Loans will accrue from the date such Additional Loan is made and Additional Loans may have a different interest rate than the Initial Loans; provided that the spread over the Benchmark of any such Additional Loan will not be greater than the spread over the Benchmark applicable to the Initial Loans.
The Initial Loans made by the Initial Lenders on the Closing Date shall be registered on the Loan Register by the Loan Agent.
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 means the Revolving Credit Loans and the Term Loans made to the Borrowers on the Effective Date pursuant to the Initial Notice of Borrowing.
Initial Loans means, collectively, the Initial Revolving Loans and the Initial Term Loans.
Initial Loans has the meaning set forth in Section 2.20(b).
Initial Loans. Those Loans that are transferred to the Trust Fund on the Closing Date.