Loan 3 definition

Loan 3 to IVC RSA 2-I. With respect to the loan described as "Loan 2" to IVC RSA 2-II, Gemcell, Inc. pledged its partnership interest in IVC RSA 2-III to the RTFC, pursuant to the provisions of that certain Partnership Interest Pledge and Security Agreement as dated December 9, 1992, and as subsequently amended October 1, 1994, to include the loan described above as "Loan 3" to IVC RSA 2-II. With respect to the loan described as "Loan 2" to IVC RSA 2-III, Gemcell, Inc. pledged its partnership interest in IVC RSA 2-II to the RTFC, pursuant to the provisions of that certain Partnership Interest Pledge and Security Agreement as dated December 7, 1992, and as subsequently amended October 1, 1994, to include the loan described above as "Loan 3" to IVC RSA 2-III. See Schedule 2.14(a) for recording information relating to such pledged partnership interests. IVC RSA 2-I is owned 40% by Contel Cellular of Illinois, Inc. (now GTE), as a general partner, and 60% by the subsidiaries or affiliates of nine (9) independent telephone companies (the Company's subsidiary, Gemcell, Inc. owns a 6.66% general partnership interest.) The same information is also true as to RSA 2-II and RSA 2-III, except that in RSA 2-II Centel Cellular Company (now Sprint) is the 40% general partner and in RSA 2-III Illinois SMSA Limited Partnership and Chicago SMSA Limited Partnership, both of which are controlled by Ameritech Mobile Communications, Inc., are each a 20% general partner.
Loan 3 the secured loan with a principal amount of HK$31.99 million to be granted by OFA to the Customer pursuant to Loan Agreement 3 “Loan Agreement 1” the loan agreement dated 24 August 2020 entered into between OFA and the Customer in respect of Loan 1
Loan 3 means the tenn loan established for Borrowers pursuant to Section 2.1. C. "Loans" shall mean Loan 1, Loan 2, Loan 3 and each other loan governed by this Agreement. The term "Loan" may refer to any of the Loans, individually.

Examples of Loan 3 in a sentence

  • Guarantor Annual Guarantor Compliance Certificate Within 120 days of the end of each fiscal year during the term of the Loan 3.

  • The Term Facility is comprised of three tranches: Term Loan 1 which is in an amount of £75,000,000, Term Loan 2 which is in an amount of £75,000,000 and Term Loan 3 which is in an amount of £150,000,000.

  • As at the date of this announcement, Loan 3 together with interest had been fully repaid.

  • Borrower Annual in-house prepared operating statement and rent roll for Project, together with annual balance sheets and profit and loss statements which show total rents received and total expenses for the Project Within 90 days of calendar year end commencing with the fiscal year ending December 31, 2020, and thereafter for the term of the Loan 3.

  • Xxxxxx Education shall repay the principal together with the interest before or upon maturity of Loan 3.

  • The Borrower shall give the Agent notice of any Loans under this Agreement, on the Business Day of each ABR Loan, and at least three (3) Business Days before each LIBOR Loan, specifying: (1) the date of such Loan; (2) the amount of such Loan; (3) the type of Loan (whether an ABR Loan or a LIBOR Loan); and (4) in the case of a LIBOR Loan, the duration of the Interest Period applicable thereto.

  • To stop payments for checks or preauthorized transfers the request must be received by Central Federal Savings and Loan 3 banking days or more before the payment is scheduled to be made.

  • In the absence of a specific determination by Lender with respect thereto, such payments shall be applied to amounts then due and payable in the following order: (1) to Fees and Lender’s expenses reimbursable hereunder; (2) to interest on the Term Loan; (3) to principal payments on the Term Loan; and (4) to all other Obligations including expenses of Lender to the extent reimbursable under Section 11.3.

  • The rights of the Company under this Loan Agreement (to the extent of the principal amount of the Note and interest accrued or to accrue thereon) will be deemed assigned to and shall inure to the benefit of any person to whom the Company endorses a Note representing all or part of the Loan under this Loan -3- <PAGE> Agreement.

  • Federal student aid funds are returned in the following order: 1) Unsubsidized Xxxxxxxx Loan; 2) Subsidized Xxxxxxxx Loan; 3) PLUS Loan; 4) Federal Pell Grant; 5) Federal Supplemental Educational Opportunity Grant (FSEOG); 6) Other federal student aid programs.


More Definitions of Loan 3

Loan 3. U.S. $1,000,000.00, pursuant to Loan Agreement dated as of December 18, 1996; U.S. $500,000.00 of Loan 3 has been advanced to date and that amount, together with accrued interest, was outstanding as of December 31, 1996; and

Related to Loan 3

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term Loan as defined in Section 2.1.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Loan Note means any loan note issued in accordance with the arrangements for any loan note alternative in the Scheme or, as the case may be, the Offer.

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

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of either (i) 9.25% plus the prime rate as reported in The Wall Street Journal minus 3.50% and (ii) 9.25%.

  • Term Loan Note means a promissory note in the form of Exhibit B, as it may be amended, supplemented or otherwise modified from time to time.

  • Loan Date means the date of the Loan Agreement as set forth in Exhibit A.

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • 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.

  • Term Loan B has the meaning set forth in Section 2.2(b).

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Term Loan Increase has the meaning set forth in Section 2.14(a).

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

  • Term A Loans has the meaning specified in Section 2.01(b).

  • Loan Notes means the promissory notes of the Borrower in favor of each Lender evidencing the Loans made to the Borrower and substantially in the form of Exhibit 2.6(a), as such promissory notes may be amended, modified, supplemented or replaced from time to time.

  • Term Loan Facility means the Term Loan Commitments and the provisions herein related to the Term Loans.

  • Term Loan A Note means a promissory note in the form of Exhibit 2.5-3, as it may be amended, supplemented or otherwise modified from time to time.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Loan means an extension of credit by a Lender to the Borrower under Article II in the form of a Revolving Credit Loan or a Swing Line Loan.

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.