LDC Loan definition
Examples of LDC Loan in a sentence
Consent of ING Bank NV required to assign the participation interest of Company Bank in LDC Loan to Standby Purchaser.
Consent of ING Bank NV required to assign the participation interest of Company Bank in LDC Loan to Standby Purchaser.
RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.
PPP Loan means, with respect to any Target Company, the loan made to the Target Company by a bank pursuant to that certain promissory note under the U.S. Treasury’s Paycheck Protection Program (pursuant to the CARES Act).
SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.
Sub-loan means a loan made or proposed to be made out of the proceeds of the Loan to a Beneficiary for a Development Project;
VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.