SECTION 467 LOAN definition

SECTION 467 LOAN with respect to the Facility Lease, shall have the meaning specified in Section 3.2(d) of the Facility Lease.
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SECTION 467 LOAN has the meaning set forth in Section 11(f).
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SECTION 467 LOAN means any loan arising under and pursuant to Section 467 of the Code in connection with the Facility Lease.
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Examples of SECTION 467 LOAN in a sentence

  • The Mind's Role in Generating an Impression Whenever an adult human undergoes a perceptual experience – that is, whenever she forms a perceptual impression (φαντασία αἰσθητική, DL vii 51) – such an experience involves more than just a passive change in her sense-organs: it also essentially involves the activity of her mind and intellect.

  • In connection with any termination of this Agreement with respect to any Site for any reason, Allocated Rent for such Site shall cease to accrue and the Section 467 Loan balance (including all accrued interest thereon) for such Site shall be deemed to be repaid for all purposes.

  • Creating connection habits at work, such as a team lunch once a week, birthday celebrations, or honouring a colleague, helps draw us together as a community and can create a sense of belonging.

  • Unless this Facility Lease continues pursuant to Section 14.5, on the Obsolescence Termination Date, the balance of the Lessor Section 467 Loan Balance or the Lessee Section 467 Loan Balance (as the case may be) shall be reduced to zero and shall be fully discharged for all purposes.

  • For every Agreement Year in which such interest income arises under the Section 467 Regulations, Licensor will issue to Licensee an appropriate Form 1099 reflecting the amount of interest income deemed to have arisen, for income tax purposes, in connection with the balance of the Section 467 Loan.

  • It was also highlighted that CSOs have also been active in promoting the rights of children (42%) and have been somewhat successful also in influencing public policy decision on the rights of the child.

  • The Periodic Lease Rent, Allocated Rent, Proportional Rent, Section 467 Loan Balance, Section 467 Interest and Termination Value schedules for the Facility Lease are set forth in Schedule 3.

  • You have asked us to assume that the Lessee's prepayment of the Prepayment Portion of rent at the end of Month 6 will be treated, for federal income tax purposes, as an IRC "Section 467 Loan".

  • For avoidance of doubt, the Section 467 Loan Balance and the Section 467 Interest shall not be deemed to be Indebtedness, an Investment or a Restricted Payment or otherwise be taken into account in calculating coverage ratios or fixed charges or determining compliance with any other financial covenant or financial test in this Agreement.

  • On the date the Facility Lessee is required to pay Termination Value pursuant to this Section 10.2, the balance of the Lessor Section 467 Loan Balance or the Lessee Section 467 Loan Balance (as the case may be) shall be reduced to zero and shall be fully discharged for all purposes.


More Definitions of SECTION 467 LOAN

SECTION 467 LOAN shall have the meaning specified in Section 3.2(c) of the Facility Lease.
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SECTION 467 LOAN has the meaning set forth in § 3.2.1(a)(ii) of the Lease.”
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SECTION 467 LOAN means all rights and obligations of EMEHC and the Owner Lessors with respect to the Lessor Section 467 Loan Balance, as defined in Section 3.2 of the Facility Lease Agreements between each of the Owner Lessors and EMEHC, each dated as of December 7, 2001.
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SECTION 467 LOAN has the meaning given such term in Section 3.1 of the Lease.
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SECTION 467 LOAN has the meaning specified in Treas. Reg. 1.467-4 (without regard to 1.467-4(a)(2)).
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SECTION 467 LOAN shall have the meaning specified in Section 3.2(c) of the -------------- Facility Lease. MORGANTOWN DEFINITIONS (L1) ---------------------------
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Related to SECTION 467 LOAN

  • 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”.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Term SOFR Loan means a Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Non Pro Rata Loan is defined in Section 9.2 hereof.

  • Extended Loan shall have the meaning assigned to such term in Section 2.26(a).

  • 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;

  • Additional Collateral Loan Each Mortgage Loan that is supported by Additional Collateral.

  • Existing Loan means the loan identified on Exhibit H.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Additional Loan means the Eligible Loans evidenced by a Note or Notes sold from time to time during the Supplemental Purchase Period pursuant to an Additional Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • LPMI Loan A Mortgage Loan with a LPMI Policy.

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Affected Loan has the meaning specified in Section 3.04.

  • Simple Interest Loan means any Loan under which the portion of a payment allocable to interest and the portion allocable to principal is determined by allocating a fixed level payment between principal and interest, such that such payment is allocated first to the accrued and unpaid interest at the Annual Percentage Rate for such Loan on the unpaid principal balance and the remainder of such payment is allocable to principal.

  • 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.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Default Loan shall have the meaning provided in Section 5.2(b)(1).

  • CD Loan means (i) a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election or (ii) an overdue amount which was a CD Loan immediately before it became overdue.

  • PPP Loan means the loan made to the Company by the PPP Lender pursuant to the PPP Loan Agreement, for the principal amount of $905,207.00, pursuant to the requirements of the Paycheck Protection Program under the CARES Act.

  • Term SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Property Advance means an advance made in respect of property protection expenses or expenses incurred to protect, preserve and enforce the security for the Mortgage Loan or to pay taxes and assessments or insurance premiums with respect to the Mortgaged Property.