Ordinary Loan definition

Ordinary Loan means the issue of materiel, without charge, for a particular purpose and for a specified period, at the end of which the item is intended to be returned unchanged, except for fair wear and tear.
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Ordinary Loan means a loan granted by a bank or any financing institution to a land holder against mortgage of land or any other security;
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Ordinary Loan means any GFE, excluding items issued on Embodiment Loan, issued for a specified period and purpose to facilitate performance of the Supplementary Contract;
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Examples of Ordinary Loan in a sentence

  • Euro Disney will partially prepay the principal amount due in respect of the CDC Ordinary Loans in a total amount of € 10 million subject to a penalty calculated in accordance with article 7.0.4 (A) of the CDC Ordinary Loan Agreement.

  • On the Effective Date, CDC agrees to waive any recourse against any IA Partner of the société en nom collectif Euro Disneyland in respect of any failure by Euro Disneyland to comply with its payment obligations under the CDC Ordinary Loans and the CDC Ordinary Loan Agreement (prior to transformation pursuant to article 5.4.1 above) in an amount equal to 50% of the amounts due thereunder by Euro Disneyland to CDC.

  • Upon such a written request from the Company's authorized officer, each Member shall make a cash loan to the Company in an amount equal to (i) the amount of the Company's loan determined to be needed by the Members Committee multiplied by (ii) such Member's Company Interest; provided, however, that if an Ordinary Loan is required subsequent to December 31, 1998, then, for purposes of this Section 3.5(d), each Member's Company Interest shall be its respective Company Interest as of January 1, 2000.

  • Loans by a Member to the Company (including, without limitation, any Ordinary Loan or Member Loan) shall not be considered capital contributions.

  • An Ordinary Loan shall bear interest at the rate equal to the lower of (i) the maximum rate allowed by law or (ii) two (2) percentage points over the Prime Rate.

  • The Grant Agreement and all obligations of the parties thereunder shall terminate on the latter of the dates on which the Original Concessional Loan Agreement, the Original Ordinary Loan Agreement, the Second Additional Financing ADB Loan Agreement and the Second Additional Financing ADB Grant Agreement terminates.

  • Lender provide loan as Ordinary Loan toward current capital to Borrower.

  • Notwithstanding the foregoing, if the Non-Contributing Member fails, in whole or in part, to make any cash contribution, to guarantee the Credit Facility or to make Ordinary Loans because of legal requirements as permitted by Section 3.5(g), then the Contributing Member shall only have the rights set forth in subsection (i) above; provided, however, that any Member Loan caused by legal requirements as permitted by Section 3.5(g) shall bear interest equal to the interest rate paid on an Ordinary Loan.

  • The Ordinary Loan Regulations (2001) shall apply to this Agreement only to the extent expressly indicated herein and as the Ordinary Loan Regulations (2001) are modified by the express terms of this Agreement.

  • The Ordinary Loan Note Purchase Price shall be notified in writing by the Ordinary Loan Note Holders through the Sellers’ Representative to the Purchaser no later than five (5) Business Days prior to the Closing Date.