Loan (ATE) definition

Loan (ATE) means any obligation of the Asset Issuer (excluding an obligation under a revolving credit arrangement for which there are no outstanding, unpaid drawings in respect of principal) for the payment or repayment of borrowed money (which term shall include, without limitation, deposits and reimbursement obligations arising from drawings pursuant to letters of credit) that is documented by a term loan agreement, revolving loan agreement or other similar credit agreement and shall not include any other type of obligation

Related to Loan (ATE)

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

  • 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.

  • Line of Credit Note shall have the meaning given the term in Section 2.1.a.

  • Borrower Loan Amount means $ , the maximum principal amount of the Borrower Note.

  • Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.