Loan or definition

Loan or. Loans" means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

Examples of Loan or in a sentence

  • Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest for one day.

  • If the Mortgage Loan was “significantly modified” prior to the Closing Date so as to result in a taxable exchange under Section 1001 of the Code, it either (x) was modified as a result of the default or reasonably foreseeable default of such Mortgage Loan or (y) satisfies the provisions of either sub-clause (B)(a)(i) above (substituting the date of the last such modification for the date the Mortgage Loan was originated) or sub-clause (B)(a)(ii), including the proviso thereto.

  • No person other than the holder of such Mortgage Loan may declare any event of default under the Mortgage Loan or accelerate any indebtedness under the Mortgage Loan documents.

  • In the event Master Servicer funds are advanced with respect to any Mortgage Loan, such advance is reimbursable to the Master Servicer, to the extent provided in the Agreement, from related recoveries on such Mortgage Loan or from other cash that would have been distributable to Certificateholders.

  • Without limiting the generality of the foregoing, the making of a Loan or issuance of a Letter of Credit shall not be construed as a waiver of any Default, regardless of whether the Administrative Agent, any Lender or the Issuing Bank may have had notice or knowledge of such Default at the time.

More Definitions of Loan or

Loan or. Loans means one or more Loans to be made by a Bank pursuant to Article II, consisting of U.S. Dollar Loans (which may be Reference Loans, CD Loans, or Eurodollar Loans), G-7 Currency Loans, Overnight Loans (which may be Reference Loans or Daily Pricing Loans), Canadian Loans (which may be Prime Loans, BA Loans or Eurodollar Loans) or Bid Loans. Because each Bank's participation interest in each Letter of Credit represents an extension of credit hereunder, whether or not drawings have occurred under any such Letter of Credit, the term "Loan shall also include, for purposes of utilization of the Commitments, reduction of the Commitments under Section 2.8 and all other purposes hereunder, the participation interest of each Bank in each Letter of Credit.
Loan or. Loans" shall mean any and all Revolving Loans, the Term Loan, the First Amendment Term Loan and the Capex Loans made by LaSalle pursuant to paragraphs 2, 3 and 4 hereof and all other loans, advances and financial accommodations made by LaSalle to or on behalf of the Borrower hereunder.
Loan or. Loans" shall have the meanings set forth in Section 2.2 hereof.