NPC Loan definition

NPC Loan shall have the meaning set forth in the Recitals to this Agreement.
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Examples of NPC Loan in a sentence

  • Pattern Henvey Inlet LP Holdings LP will be dissolved so that (i) Pattern Henvey Inlet LP Holdings 2 LP will be the holder of 99.98% of the 49.99% limited partnership interest in the Project Company and 99.98% of the NPC Loan initially owed to Pattern Henvey Inlet LP Holdings LP and (ii) GP1 will be the holder of 0.02% of the 49.99% limited partnership interest in the Project Company and 0.02% of the NPC Loan initially owed to Pattern Henvey Inlet LP Holdings LP.

  • GP1 will be dissolved and the Purchaser assumes the assets and liabilities of GP1 including 0.02% of the 49.99% limited partnership interest in the Project Company, 0.02% of the NPC Loan initially owed to Pattern Henvey Inlet LP Holdings LP, the NPC Loan initially owed to GP1 and 50% of the shares of GP2.

  • Pattern Henvey Inlet LP Holdings 2 LP will then sell to the Purchaser 99.98% of the 49.99% limited partnership interest in the Project Company, 99.98% of the NPC Loan initially owed to Pattern Henvey Inlet LP Holdings LP as well as all of the shares of GP1.

  • The Borrower and the Guarantor agree that if the Borrower fails to repay the NPC Loan in full on the Drawdown Date, NPC may immediately assign any or all of its rights under the NPC Loan Agreement to the Lender.

  • All proceeds of the Loan shall be exclusively used to repay the NPC Loan in the principal amount of two hundred million U.S. dollars ($200,000,000).

  • In full fulfillment of NTC's obligation under the Commitment Letter to provide such two-year loan to the Borrower, the Lender, as an Affiliate of NTC, hereby agrees to extend a loan facility to the Borrower and the Borrower hereby agrees to borrow the same from the Lender to repay the NPC Loan.

Related to NPC Loan

  • PPP Loan means, with respect to any Target Company, the loan made to the Target Company by a bank pursuant to that certain promissory note under the U.S. Treasury’s Paycheck Protection Program (pursuant to the CARES Act).

  • ▇▇▇▇▇▇▇▇ Loan means a Subsidized ▇▇▇▇▇▇▇▇ Loan or an Unsubsidized ▇▇▇▇▇▇▇▇ Loan.

  • 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”.

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

  • 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.