ITC Loan definition

ITC Loan means the term loan in the original principal amount of -------- Three Million Five Hundred Thousand Dollars ($3,500,000) made by ITC to HPP pursuant to the ITC Loan Agreement.

Examples of ITC Loan in a sentence

  • An "event of default" (or event having similar effect, whether or not denominated as such) shall occur under, or in respect of, the ITC Loan Agreement and such default shall continue, without waiver or cure, beyond any cure or grace period prescribed therein.