Relevant Loans definition

Relevant Loans means (1) Eurocurrency Rate Loans, (2) Eurocurrency Rate Advances, (3) CDOR Loans, (4) CDOR Advances, (5) Swing Line Loans which are Fixed Rate Loans and (6) USD Swing Line Loans described in Section 2.9.1(b)(y).
Relevant Loans means (1) Eurodollar Rate Loans and (2) Eurodollar Rate Advances.
Relevant Loans has the meaning given to it is Clause 4.2(h) of the Mortgage Sale Agreement;

Examples of Relevant Loans in a sentence

  • An investigation into what actually happened to advances under the Relevant Loans, and in particular the US$1.9bn advanced to the English and BVI Defendants, was an essential part of considering whether its claim was being advanced on a sound basis, and was something that the Bank had to disclose to the court as being relevant to the strength of its claim for such extensive, urgent relief.

  • Mr Lewis exhibits at Schedule 6 charts depicting the movement of monies in connection with the Relevant Loans.

  • Mr Lafferty has sought to show what happened to all the monies drawn down at any time under the Relevant Loans.

  • The evidence filed on behalf of the Defendants presents a very different picture in relation to the Relevant Loans and the role played by the English and BVI Defendants from the evidence of Mr Lewis.

  • Thus, of the US$1.91 billion received by the English and BVI Defendants (and immediately transferred by them into the bank accounts at the Bank of six offshore companies), only US$248 million are funds that were drawn down under the Relevant Loans but never repaid to the Bank before being transferred to the English and BVI Defendants.

  • For the reasons given above, there is a good arguable case that at most about US$515m of Relevant Loans passed through their accounts in such a way as to be capable of causing loss to the Bank in connection with those loans.

  • In fact, the Bank’s case, when properly analysed, relates to losses arising from particular prepayments made with funds alleged to have been previously drawn down under the Relevant Loans, but Mr Lafferty has gone further and sought (with the benefit of work done by expert analysts) to address all drawdowns under the Relevant Loans.

  • These proceedings are said to give rise to issues about the lawfulness of the new loans, and whether or not they were validly used to repay Relevant Loans.

  • None of the other suppliers who received sums from time to time under Relevant Loans has been sued by the Bank.

  • Given the basis of the Bank’s claim, relying on specific drawdowns under identified Relevant Loans, the information that the Bank had that was not disclosed was highly material and would have damaged the attempt by the Bank to justify suing the First and Second Defendants under Article 6 of the Lugano Convention.


More Definitions of Relevant Loans

Relevant Loans means any intercompany loan agreement between the Chargor as lender and the Parent as borrower.
Relevant Loans has the meaning given to it in Clause 11.3(g);
Relevant Loans means the Relevant Loan I, Relevant Loan II and Relevant Loan III;
Relevant Loans means, in respect of a Relevant Transaction, the Relevant Fixed Rate Loans, Relevant Variable Rate Loans or the Relevant Base Rate Loans as the case may be (and as such term is defined in the Relevant Transaction).
Relevant Loans shall have the meaning set forth in the Mutual Release Agreement.
Relevant Loans means the loans advanced by Moola to the Debtors during the Relevant Period. Relevant Period means the period 6 June 2015 and 30 November 2017 inclusive. 3 Basis of settlement Admitted breaches and basis of resolution

Related to Relevant Loans

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Fixed Rate Loans means CD Loans or Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the Swingline Loans and the U.S. Protective Advances.

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • LIBOR Rate Loans means Loans bearing interest at rates determined by reference to the Adjusted LIBOR Rate as provided in subsection 2.2A.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Eurodollar Rate Loans means any Loans or portion thereof on which interest is payable based on the Adjusted Eurodollar Rate in accordance with the terms hereof.

  • Eurocurrency Loans Loans the rate of interest applicable to which is based upon the Eurocurrency Rate.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Prime Rate Loans means any Loans or portion thereof on which interest is payable based on the Prime Rate in accordance with the terms thereof.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Eurodollar when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Canadian Prime Rate Loans means Loans for which the applicable rate of interest is based upon the Canadian Prime Rate.

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

  • LIBO Rate Advances means a Competitive Bid Advance denominated in Dollars or in any Foreign Currency and bearing interest based on the LIBO Rate.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.