OCR Loan definition

OCR Loan means the loan referred to in Recital (C) of this Loan Agreement;
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OCR Loan means the loan referred to in Recital (C) of this Loan
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OCR Loan has the meaning given in Recital B to this Loan Agreement;
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Examples of OCR Loan in a sentence

  • Subsequently, on 17 September 2021, the Board approved revised OCR Loan Regulations to give effect to the terms of the FLP (effective 1 January 2022).

  • In connection with this approval, ADB previously sought your consent to the application ofthe amended OCR Loan Regulations (the “Amendment Letter”).

  • The following is specified as an additional matter, for the purposes of Section 9.02(d) of the Loan Regulations, to be included in the opinion or opinions to be furnished to ADB: the OCR Loan Agreement has been duly authorized or ratified by, and executed and delivered on behalf of, the Borrower and is legally binding upon the Borrower in accordance with its terms, subject only to the effectiveness of this Loan Agreement.

  • The revised OCR Loan Regulations set forth the terms and conditions applicable to all new regular OCR Loans approved on or after 1 January 2022 and will be incorporated by reference in loan and guarantee agreements for such loans.

  • The following is specified as an additional condition to the effectiveness of this Loan Agreement for the purposes of Section 9.01(f) of the Loan Regulations: the OCR Loan Agreement shall have been duly executed and delivered on behalf of the Borrower and all conditions to its effectiveness (other than a condition requiring effectiveness of this Loan Agreement) shall have been fulfilled.

  • The following is specified as an additional event for acceleration of maturity for the purposes of Section 8.07(d) of the Loan Regulations: the repayment of the principal of the loan under the OCR Loan Agreement shall have been accelerated.

  • In the carrying out the Project and operation of the Project facilities, the Borrower shall perform, or cause to be performed, all obligations set forth in the Initial Loan Agreements, Schedule 3 to the OCR Loan Agreement and the Project Agreement.

  • The revised OCR Loan Regulations set forth the terms and conditions applicable to all new regular OCR Loans approved on or after 1 January 2022 and will be incorporated by reference in loan and guarantee agreements for suchloans.

  • The Secretary, or any Additional Secretary, Joint Secretary or Joint Chief or Deputy Secretary or Deputy Chief, Senior Assistant Secretary or Senior Assistant Chief, Assistant Secretary, Assistant Chief of the Economic Relations Division of MOF is designated as representative of the Borrower for the purposes of Section 12.02 of the OCR Loan Regulations.

  • Cofinancinga 60.30 18.80 ADF Loan 22.50 21.50 OCR Loan 27.50 26.30 UEIF-UFPFb 3.70 3.50 Municipality of Ulaanbaatarc 22.44 21.50 ADB = Asian Development Bank, ADF = Asian Development Fund, MFF = Multitranche Financing Facility, OCR = ordinary capital resources, UEIF = Urban Environmental Infrastructure Fund.

Related to OCR Loan

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

  • 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”.

  • 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.

  • 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.