Secured Loans definition

Secured Loans means the term loans and extended revolving loans in the outstanding aggregate outstanding amounts, as of the Commencement Date, of $269,761,507.81 and $9,226,011.61, respectively, arising under the Credit Agreement.
Secured Loans has the meaning given to such term in Section 4.1.
Secured Loans means the indebtedness of the Company issued under or pursuant to the Existing Loan Agreements and secured by, among other things, a lien upon the SST Shares.

Examples of Secured Loans in a sentence

  • The Senior Secured Loans within a CLO are limited to Senior Secured Loans which meet specified credit and diversity criteria and are subject to concentration limitations in order to create an investment portfolio that is broadly assorted across different Senior Secured Loans, borrowers, and industries, with limitations on non-U.S. borrowers.

  • For purposes of calculating the Collateral Quality Test, DIP Collateral Obligations will be treated as having an S&P Recovery Rate equal to the S&P Recovery Rate for Senior Secured Loans.

  • Our investments may take the form of the purchase of Senior Secured Loans (either in the primary or secondary markets) or through investments in entities that in turn own a pool of Senior Secured Loans.

  • We may invest in Senior Secured Loans directly or any security issued by a type of pool of Senior Secured Loans known as a Collateralized Loan Obligation (“CLO”) to implement our investment objective but have invested primarily in the equity and junior debt tranches of CLOs. We refer to such investments, together with direct investments in Senior Secured Loans, collectively as “Target Securities.” Structurally, CLOs are entities that are formed to manage a portfolio of Senior Secured Loans.

  • The typical underlying borrowers for Senior Secured Loans are U.S.-based privately-held and publicly-held companies across a wide range of industries and sectors.Our principal office is located at 10 East 40th Street, 42nd Floor, New York, New York 10016 and our telephone number is (212) 448-0702.


More Definitions of Secured Loans

Secured Loans means all Project Loans and Screened Project Loans.
Secured Loans means the “Loans” as defined in the Credit Agreement and the “Loans” as defined in the Other Credit Agreement.
Secured Loans means, individually and collectively, (i) the Primary Loan, (ii) the Secured $3 Million Loan and (iii) the Secured Inventory Note.
Secured Loans has the meaning set forth in Section 1 of the Collateral Agency Agreement.
Secured Loans means (i) the revolving credit agreement entitled “Multicurrency Revolving Facility Agreement”, entered into by CGG SA on July 31, 2013 for an initial amount in principal of USD 325,000,000 , reduced to approximately USD 300,000,000, which amount is currently outstanding, (ii) the revolving credit facility agreement entitled "Credit Agreement" dated 15 July 2013 entered into by CGG Holding (U.S.) Inc. for an initial amount of USD 165,000,000, currently drawn in full, and (iii) the bullet loan agreement entitled "Term Loan Credit Agreement" dated 19 November 2015 entered into by CGG Holding (U.S.) Inc. for an initial amount of USD 342,122,500, the outstanding amount of which is approximately USD 337,846,000.
Secured Loans has the meaning set forth in Section 5.11.
Secured Loans means retail instalment sale contracts and any other agreements or combinations of agreements or portions thereof