SCF Loan definition
Examples of SCF Loan in a sentence
Nothing in this Agreement impairs or otherwise adversely affects any rights or remedies the SCF Agent or the SCF Claimholders may have against the Grantors under the SCF Loan Documents.
As part of the evidence to be furnished pursuant to Section 6.01 of this Loan Agreement, the Borrower shall furnish, or cause to be furnished, to ADB an opinion or opinions satisfactory to ADB of counsel acceptable to ADB showing, on behalf of the Borrower, that this Loan Agreement, the SCF Loan Agreement and the SCF Grant Agreement have been duly authorized by, and executed and delivered on behalf of, the Borrower and are legally binding upon the Borrower in accordance with their respective terms.
Nothing in this Agreement is intended to or shall impair as between the Grantors and the SCF Agent and the other SCF Claimholders, or as between the Grantors and the Notes Agent and the other Note Claimholders, the obligations of any Grantor, which are absolute and unconditional, to pay principal, interest, fees and other amounts as provided in the other SCF Loan Documents and the other Note Documents, respectively, including as and when the same shall become due and payable in accordance with their terms.
In the event of any conflict between the provisions of this Agreement and the provisions of any SCF Loan Document or any Note Document, the provisions of this Agreement shall govern and control.
In exercising rights, powers, and remedies with respect to the SCF Primary Collateral, the SCF Agent and the SCF Claimholders may enforce the provisions of the SCF Loan Documents and exercise rights, powers, and/or remedies thereunder and/or under applicable law or otherwise, all in such order and in such manner as they may determine in the exercise of their sole discretion.
Subject to the other terms of this Agreement, all payments received by (a) the SCF Agent or the SCF Claimholders may be applied, reversed and reapplied, in whole or in part, to the SCF Obligations to the extent provided for in the SCF Loan Documents and (b) the Notes Agent or the Note Claimholders may be applied, reversed and reapplied, in whole or in part, to the Note Obligations to the extent provided for in the Note Documents.
The Notes Agent, on behalf the Note Claimholders, acknowledges and agrees that the SCF Agent and the other SCF Claimholders have made no express or implied representation or warranty, including with respect to the execution, validity, legality, completeness, collectibility or enforceability of any of the other SCF Loan Documents, the ownership of any Collateral or the perfection or priority of any Liens thereon.
This Loan Agreement shall not become effective until evidence satisfactory to ADB shall have been furnished to ADB that the execution and delivery of this Loan Agreement, the SCF Loan Agreement and the SCF Grant Agreement on behalf of the Borrower have been duly authorized by all necessary corporate and governmental action.
Bayer Corporation Defined Benefit Master Trust BayernInvest Alternative Loan-Fonds BAYVK R2 Fonds Segment BAYVK R2-Fonds Babson BBC Pension Trust Limited BBCN Bank BBH Credit Value Master Fund, Ltd BBH Limited Duration Fund BCA Loan Funding LLC Beach Point Loan Master Fund LP Beach Point SCF IX Loan LP Beach Point SCF Loan ▇▇ ▇▇▇▇ Creek CLO, Ltd ▇▇▇▇▇▇▇ Furlonge Limited Bel-Air Loan Fund LLC ▇▇▇▇▇▇▇ Wholesale Syndicated Loan Fund Berkshire Bank Betony CLO, Ltd.
The Additional Condition of Effectiveness consists of the following, namely that, the PPCR Grant Agreement and the SCF Loan Agreement have been executed and delivered and all conditions precedent to the effectiveness or to the right of the Recipient to make withdrawals under said PPCR Grant Agreement or SCF Loan Agreement (other than the effectiveness of this Agreement) have been fulfilled.