PFI Subsidiary Loan definition

PFI Subsidiary Loan means any loan made pursuant to a PFI Subsidiary Loan Agreement (defined hereafter);
PFI Subsidiary Loan means a loan made by BOG to any PFI for any Sub-loan, as described in paragraph 1 of Part A of Schedule 2 to the Project Agreement;
PFI Subsidiary Loan means the loan provided by Bangladesh Bank to

Examples of PFI Subsidiary Loan in a sentence

  • The principal amount to be relent out of the proceeds of the Credit to a PFI under its respective PFI Subsidiary Loan Agreement shall be denominated in Euro and be the equivalent of the aggregate amount of the principal of all Sub-loans made out of the proceeds thereof.

  • The right of a PFI to the use of the proceeds of its respective Subsidiary Loan shall be: (a) suspended upon failure of such PFI to perform any of its obligations under its respective PFI Subsidiary Loan Agreement or not in compliance with all legal and regulatory requirements applicable to its operations; and (b) terminated if such right shall have been suspended pursuant to subparagraph (a) hereof for a continuous period of sixty (60) days.

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  • The PFI Subsidiary Loan shall be charged semi-annually, on the principal amount thereof withdrawn and outstanding from time to time, interest at a rate based on the average Euro LIBOR for the preceding six month period, but such interest rate to be not less than two percent (2%) and not more than four percent (4%) per annum; and have a maturity of not more than ten years, including a grace period up to two years.

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  • Interest on a PFI Subsidiary Loan shall be charged on the principal amount thereof outstanding from time to time at a reference interest rate which shall be based on the average cost of 180-day deposits mobilized by PFIs (the Reference Interest Rate), except that the interest to be charged on a PFI Subsidiary Loan for Micro-enterprises shall be two percentage points below the prevailing Reference Interest Rate.

  • BM shall onlend to any PFI from the proceeds of the Credit for the purpose of making any Subloan an amount in Metical (the PFI Subsidiary Loan) equal to the amount of such Sub- loan.

  • PFI Subsidiary Loan Allocations: At the inception of EFIL (September/October 1999), five PFIs (Garanti, TSKB, Yapi Kredi, Kocbank and Isbank) each signed Subsidiary Loan Agreements (SLAs) with Eximbank.

  • The PFI Subsidiary Loan shall be charged semi-annually, on the principal amount thereof withdrawn and outstanding from time to time, interest at a rate based on the average Euro LIBOR for the preceding six month period, but such interest rate to be not less than two percent (2%) and not more than four percent (4%) per annum, and have a maturity of not more than ten years including a grace period up to two years.

  • Each PFI Subsidiary Loan shall be repaid in full on the maturity date of the related Sub-loan.


More Definitions of PFI Subsidiary Loan

PFI Subsidiary Loan means the loan provided by Bangladesh Bank to a PFI;

Related to PFI Subsidiary Loan

  • Subsidiary Loan means any loan made pursuant to a Subsidiary Loan Agreement;

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Subsidiary Loan Agreements means the agreements to be entered into pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Loan Agreements;

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Borrowing Subsidiary means any Subsidiary that has been designated as such pursuant to Section 2.18 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.

  • Borrowing Subsidiary Agreement means a Borrowing Subsidiary Agreement substantially in the form of Exhibit F-1.

  • Domestic Subsidiary Borrower means any Subsidiary Borrower which is a Domestic Subsidiary.

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Co-op Loan A Mortgage Loan secured by the pledge of stock allocated to a dwelling unit in a residential cooperative housing corporation and a collateral assignment of the related Co-op Lease.

  • 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”.

  • Foreign Subsidiary Borrower means each Borrower that is a Foreign Subsidiary.

  • 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.

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Sub-loan means a loan made or proposed to be made out of the proceeds of the Loan to a Beneficiary for a Development Project;

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Subsidiary Borrowers means (a) each Domestic Subsidiary that is a party hereto as of the Closing Date and (b) each Domestic Subsidiary that becomes a party to this Agreement after the Closing Date pursuant to Section 9.11 or otherwise.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Subsidiary Financing Agreement means the agreement to be entered into between the Borrower and PPWSA pursuant to Section 3.02 of this Agreement, as the same may be amended from time to time, and such term includes all schedules to the Subsidiary Financing Agreement.