Examples of Leverage Loan in a sentence
The distributions are in the amounts required for the Investment Fund (a) to pay interest due with respect to a Leverage Loan (or the economic return on an equity investment) made to the Investment Fund to fund a portion of the QEI and (b) to pay the Investment Fund’s projected operating expenses.
The distributions are in amounts required to pay Leverage Loan debt service (or the economic return on an equity investment) and operating expenses of the Investment Fund.
If a Principal of the Developer Partnership makes a Leverage Loan to the Fund (which may be 100% owned by the investor), the proceeds of that Leverage Loan (together with the Fund equity) flow through the CDE into the Developer Partnership, either as a loan or an equity investment.
Therefore, through the Leverage Loan, the Principal of the Developer Partnership may be considered to have indirectly loaned to the investor funds that, after being funneled through the CDE, permit the investor to indirectly benefit from the CDE’s interest in the Developer Partnership.
The distributions are used by the Fund to pay interest due with respect to a Leverage Loan (or the economic equivalent return on an equity investment) and pay operating expenses.
Section 4.01 When a single investor invests in a project that generates both NMTCs and HTCs, the investor often contributes NMTC equity and HTC equity to a single investment fund, which combines that equity with the proceeds of a leverage loan ("Leverage Loan") to the investment fund ("Fund") and contributes the combined proceeds to a certified community development entity ("CDE") that is generally, but not always, unrelated to the Fund or the investor.
Section 4.05(3) The Leverage Loan, a unique feature of NMTC transactions, is often provided by the Developer Partnership, the Master Partnership, a Principal of either, or a person related to one or more of them.
Specifically, only the coefficient of the emerging economies dollar index is statistically significant when changes in the riskiness of new loans, secondary market liquidity of loans as a reason for tightening, and changes in the U.S. Leverage Loan 100 Index are regressed on the two dollar indices (see columns (5) through (8)).
Interim Rate of the Leverage Loan Certificate (remove if not applicable): The leverage loan shall be disbursed for the purposes and according to the terms stipulated on the certificate authorizing the leverage loan issued on SAISIE, hereinafter called the "Certificate", and delivered by La Financière agricole du Québec, hereinafter called "La Financière agricole" to the Borrower.
This included the leveraged loan market as the S&P/LSTA Leverage Loan Price Index improved from a trough of76.23 at 23 March 2020 to 96.19 at the end of the year, its highest level since February 2020.