Project Loans definition

Project Loans means project loans of the Issuer and its Restricted Subsidiaries, including any Credit Facilities or Designated SPE Debt, incurred for the purpose of financing the development, construction and improvement of real estate projects of the Issuer and its Restricted Subsidiaries.

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Project Loans has the meaning set forth in Section 2.1of the Loan Agreement.

Project Loans means the loans and indebtedness of the Owner to the Project Lenders.

Examples of Project Loans in a sentence

• Notwithstanding the provisions of Section 5.1, 5.2 and 5.3 or the Articles of Association, the Parties hereby consent to a hypothecation or pledge of Shares if such hypothecation or pledge is required in connection with the execution or performance of the Project Loans.

• For purposes of calculating the aggregate amount of Project Loans in the preceding sentence, the maximum principal amounts available thereunder shall be used, and not the then outstanding principal balances thereof.

• Manager shall operate the Project in accordance with the documents evidencing the Tax Credits and Project Loans (including, without limitation, the Regulatory Agreement), and shall cause the Property to comply at all times with the Minimum Set-Aside Test and the Rent Restriction Test.

• The PTSC shall declare and distribute by way of dividends all profits legally available for that purpose and permitted by the Project Loans after setting aside such reserves as may be required by law or by the General Meeting of Shareholders as provided in the Articles of Association.

• In addition, a number of the Company’s other investments may be in the form of Energy Project Loans and derivative instruments entered into in connection with the Company’s hedging activities, which may not have readily ascertainable market prices.

More Definitions of Project Loans

Project Loans means the loans and indebtedness of the Owner to the Project Lender(s). "Regulatory Agreement" means, to the extent applicable, and collectively, any regulatory

Project Loans have the respective meaning assigned to such terms in Section 2.1(1)(a).

Project Loans means the Loan Agreement (and related credit and security documentation) to be entered into between PTSC and the Project Lenders in regards to financing the construction and initial working capital of the Project.

Project Loans. Individually or collectively (as applicable), the loans evidenced by the Notes.

Project Loans means the total committed amount of the term and working capital loans to be provided pursuant to the initial financing documents to be entered into by Buyer and certain lenders for the financing of the Project (other than loans to Buyer from its shareholders).

Project Loans means the First Priority Loan, the Bond Loan, the Seller Loan, the CDBG Loan, the Capital Funds Loan, the HOME Loan and the HTF Loan.

Project Loans means bank loans (each with an initial principal amount of greater than CAD $[REDACTED]) in aggregate principal amount not to exceed CAD $[REDACTED] incurred by the Borrower and/or Parent solely to finance the development and furtherance of the transactions contemplated by the JV Agreement.