LDI Loan definition

LDI Loan means the loan from the Director to the Borrower pursuant to Section 166.25 of the Act in the total sum of the LDI Loan Amount.

Examples of LDI Loan in a sentence

  • The Licensee shall not carry on any activity related to the Scheduled Event in any part of the HKCEC other than the Licensed Area without the prior consent of HML.

  • The Borrower shall be required to prepay the State Loan, the State Assistance and the LDI Loan if (i) the Lessee terminates operation of any facilities at the Project Site, and (ii) the Lessee does not relocate such facility to another location in the State of Ohio within thirty (30) days after the termination referred to in clause (i) or such later date as may be permitted by the Director within its reasonable discretion.

  • Table 14 Summary of Site Employment Potential Estimates SunsetParkMountVernonLITRIM/PilgrimGATXCalvertonAVRJob estimates basedon the CSX study [20](jobs)2522468013005720949017160Job estimates basedon Regionomica [21](jobs)239038974933584631312094Total area(acres)9718050220365660 Data in Table 14 shows the potential of each site to generate new jobs related to the operation of the facilities within the freight village.

  • Without regard to completion of the Project, the Adjacent Hangar Demolition, and the Related Area Improvements, Tenant shall make payments of Base Rent on each Rental Payment Date to the Trustee, in the amount of the State Assistance Rental Payment, and to the Director, in the amount of the State Loan Rental Payment and the LDI Loan Rental Payment, if any.

  • The LDI Loan shall be disbursed from time to time upon the satisfaction of the conditions set forth in Section 3.2 hereof.

  • Tenant may at any time prepay (a) the State Loan Rental Payments and Additional Lease Agreement Payments related to the State Loan and (b) the LDI Loan Rental Payments and Landlord agrees that it and the Director shall accept such prepayments when tendered by Tenant.

  • If all of the State Loan or the LDI Loan is to be prepaid, the amount to be paid under (2)(B) above shall be the Discharge Amount with respect to the State Loan Note or the LDI Loan Note, respectively.

  • If the State Loan and the LDI Loan are required to be prepaid in accordance with this Section 10.5, the Borrower shall pay the outstanding principal amount thereof plus accrued interest to the date of prepayment to the Director not later than ten (10) days after the date on which the prepayment obligation is established.

  • As a condition precedent to the financing contemplated herein, PEM will retire the LDI Loan and acquire the Grain Facility.

  • Amounts advanced by the Director under the LDI Loan shall be applied to pay Allowable Costs.

Related to LDI Loan

  • PPP Loan means the loan made to the Company by the PPP Lender pursuant to the PPP Loan Agreement, for the principal amount of $905,207.00, pursuant to the requirements of the Paycheck Protection Program under the CARES Act.

  • 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.

  • LPMI Loan A Mortgage Loan with a LPMI Policy.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • 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”.

  • Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • 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;

  • CD Loan means (i) a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election or (ii) an overdue amount which was a CD Loan immediately before it became overdue.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Term Loan as defined in Section 2.1.

  • New Loan means a Loan made by the Failed Bank after the Bid Valuation Date that is not a continuation, amendment, modification, renewal, extension, refinancing, restructuring or refunding of or for any then-existing Loan.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Collateral Loan means a loan, debt obligation, debt security or participation therein acquired by the Borrower.

  • ARD Loan Any Mortgage Loan that is identified on the Mortgage Loan Schedule as having an Anticipated Repayment Date and Revised Rate.

  • Existing Loan means the loan identified on Exhibit H.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.