INTERCOMPANY LOAN ACCELERATION NOTICE definition

INTERCOMPANY LOAN ACCELERATION NOTICE will have the meaning ascribed to that term in the relevant Intercompany Loan Agreement.
Sample 1Sample 2Sample 3
INTERCOMPANY LOAN ACCELERATION NOTICE means a notice served by the Funding 1 Security Trustee on Funding 1 following the occurrence of an Intercompany Loan Event of Default, pursuant to Clause 14.10 of the Intercompany Loan Terms and Conditions;
Sample 1
INTERCOMPANY LOAN ACCELERATION NOTICE means a notice served by the Funding 1 Security Trustee on Funding 1 following the occurrence of an Intercompany Loan Event of Default, pursuant to Clause 14.10 of the Intercompany Loan Terms and Conditions; Back to Contents Intercompany Loan Agreements means the First Issuer Intercompany Loan Agreement, Second Issuer Intercompany Loan Agreement, Third Issuer Intercompany Loan Agreement, Fourth Issuer Intercompany Loan Agreement, Fifth Issuer Intercompany Loan Agreement, Sixth Issuer Intercompany Loan Agreement, Seventh Issuer Intercompany Loan Agreement, Eighth Issuer Intercompany Loan Agreement and Ninth Issuer Intercompany Loan Agreement and Intercompany Loan Agreement means any one of them;
Sample 1

Examples of INTERCOMPANY LOAN ACCELERATION NOTICE in a sentence

  • Notwithstanding Clause 2.1, following the service of an Intercompany Loan Acceleration Notice, at the written request of the Funding 1 Security Trustee the Cash Manager shall cease to act as agent for Funding 1 in relation to the Funding 1 Accounts and shall instead act as agent of the Funding 1 Security Trustee with respect to the provision of the services pursuant to the terms of this Agreement.

  • Following the service of an Intercompany Loan Acceleration Notice or a Note Acceleration Notice, the Issuer Security Trustee may serve a notice of termination at any time.

  • In administering the Mortgages Trustee GIC Account, the Funding 1 Transaction Account and the Funding 1 GIC Account on behalf of the Mortgages Trustee, Funding 1 and the Funding 1 Security Trustee respectively, the Cash Manager shall comply with the provisions of Schedule 2 prior to receipt by the Cash Manager of a copy of any Intercompany Loan Acceleration Notice served by the Funding 1 Security Trustee on Funding 1 (with a copy to the Cash Manager and the Mortgages Trustee).

  • The Funding 1 Security will become immediately enforceable upon the service of an Intercompany Loan Acceleration Notice or, if there is no outstanding Loan Tranche under the Intercompany Loan, upon notice given to the Funding 1 Security Trustee by a Funding 1 Secured Creditor of failure by Funding 1 to pay any other Funding 1 Secured Obligation on its due date (subject to any applicable grace period).

  • In addition, prior to the service of an Intercompany Loan Acceleration Notice or a Note Acceleration Notice, the Issuer Security Trustee may (if, and only if, it has received express notice of the occurrence of any of the events specified in Clause 9.1 (Termination Events)) terminate this Agreement and close the Issuer Accounts by serving a notice of termination if any of the events specified in Clause 9.1 (Termination Events) of this Agreement occurs in relation to the Issuer Account Bank.

  • Funding 2 Security will become immediately enforceable upon the service of a Master Intercompany Loan Acceleration Notice or, if there is no outstanding Loan Tranche under the Master Intercompany Loan, upon notice given to the Funding 2 Security Trustee of failure by Funding 2 to pay any other Funding 2 Secured Liability on its due date (subject to any applicable grace period).

  • In addition, prior to the service of a Master Intercompany Loan Acceleration Notice or a Master Issuer Note Enforcement Notice, the Master Issuer Security Trustee may terminate this Agreement and close any of the Master Issuer Transaction Accounts by serving a notice of termination if any of the events specified in Clause 9.1(a) to (f) (inclusive) of this Agreement occurs in relation to the relevant Master Issuer Account Bank.

  • After the service of a Master Intercompany Loan Acceleration Notice, all amounts standing to the credit of the Funding 2 Swap Collateral Accounts (if any) will be applied in accordance with the Funding 2 Swap Agreement and any Excess Swap Collateral will be applied in or towards the obligation of Funding 2 to pay such amounts to the Funding 2 Swap Provider under the Funding 2 Swap Agreement.

  • Each Funding 2 Secured Creditor undertakes to pay to the Funding 2 Security Trustee or the Receiver, as the case may be, all monies received or recovered by it (including by way of set-off or otherwise) subsequent to the service of a Master Intercompany Loan Acceleration Notice in order that such amounts can be applied in accordance with Clause 7.1 (Priorities of Payment – After Service of a Master Intercompany Loan Acceleration Notice) and Clause 7.2 (Amounts in Funding 2 Swap Collateral Accounts).

  • If any Intercompany Loan Acceleration Notice is served, this facility shall be cancelled and the Funding 1 Loan (and any interest capitalised pursuant to Clause 5.4) and accrued interest shall, subject to the Funding 1 Deed of Charge, become immediately due and payable.


More Definitions of INTERCOMPANY LOAN ACCELERATION NOTICE

INTERCOMPANY LOAN ACCELERATION NOTICE means a notice served by the Security Trustee on Funding 1 following the occurrence of an Intercompany Loan Event of Default, pursuant to CLAUSE 14.10 of the Intercompany Loan Terms and Conditions;
Sample 1

Related to INTERCOMPANY LOAN ACCELERATION NOTICE

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • Repayment Agreement means an agreement

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Bridge Loan Agreement means that certain Senior Unsecured Interim Loan Agreement, dated as of December 20, 2007, among Tribune, the Bridge Lenders, the Former Bridge Loan Agent, JPMorgan Chase Bank, N.A., as syndication agent, and Citicorp North America, Inc. and Bank of America, N.A., as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time.

  • 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.

  • Credit Facility Agreement means the Credit Facility and Reimbursement Agreement dated as of May 1, 2003, between the Bond Bank and the Bank providing for the timely payment, when due, of a portion of the principal of and interest on the Notes, all subject to such conditions and under such terms as described in Article X of the Indenture.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Agreement, dated as of the Closing Date, by and among Revolving Agent, the Credit Parties party thereto, the lenders from time to time party thereto, as amended, restated, supplemented and/or modified to the extent permitted by the terms of the Intercreditor Agreement. ​

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Intercompany Note any promissory note evidencing loans made by any Grantor to Holdings or any of its Subsidiaries.

  • Senior Loan Agreement means that certain Term Loan Agreement, dated as of June 26, 2015, by and among Borrower and Senior Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • Borrower Loan Agreement means this Borrower Loan Agreement.

  • Acquisition Note means a promissory note made by Borrower in favor of a Lender evidencing the Lender’s Applicable Percentage of the Acquisition Loan, substantially in the form of Exhibit G.

  • Permitted Intercompany Advances means loans made by (a) a Loan Party to another Loan Party, (b) a Subsidiary of a Borrower that is not a Loan Party to another Subsidiary of a Borrower that is not a Loan Party and (c) a Subsidiary of a Borrower that is not a Loan Party to a Loan Party, so long as the parties thereto are party to the Intercompany Subordination Agreement.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Subordinated Intercompany Note means the Intercompany Subordinated Note, dated as of the Agreement Date, by and among Holdings, the Borrower and each Restricted Subsidiary of Holdings from time to time party thereto.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Acquisition Notice has the meaning ascribed to such term in Section 2.1(a).

  • Specified Acquisition Agreement Representations means the representations and warranties made by, or with respect to, the Target and its subsidiaries in the Acquisition Agreement that are material to the interests of the Lenders, but only to the extent that the Borrower (or its applicable affiliate) has the right (taking into account applicable cure provisions) to terminate its obligations under the Acquisition Agreement or to decline to consummate the Acquisition (in each case, in accordance with the terms thereof) as a result of a breach of any such representations and warranties.

  • Prior Loan Agreement is defined in Recital A of this Agreement.

  • Exit Facility Credit Agreement means the credit agreement, Filed with the Plan Supplement, which credit agreement shall contain terms and conditions consistent in all respects with those set forth on the Exit Facility Term Sheet and, to the extent any terms and conditions are not set forth on or contemplated therein, such other terms and conditions as are acceptable to the Special Restructuring Committee and the Majority Noteholders in the manner set forth in the Restructuring Support Agreement.

  • Subordinated Loan Agreement means a binding agreement with a Subordinated Debt Provider providing unsecured debt financing for the benefit of the Energy Complex and on terms and conditions that shall satisfy the requirements of the Financing Documents.