Separate Loans definition

Separate Loans has the meaning given to that term in Clause 8 (Repayment).

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Separate Loans has the meaning given to such term in Clause 6.2(c) (Repayment of Revolving Facility Loans).

Separate Loans has the meaning given to that term in paragraph ‎(a) of Clause ‎8.4 (Loans provided by a Defaulting Lender).

Examples of Separate Loans in a sentence

Separate Loans will be made to finance the Borrower’s acquisition of (x) Pool A Receivables (“Pool A Loans”) and (y) Pool B Receivables (“Pool B Loans”), and no Loan shall finance both Pool A Receivables and Pool B Receivables.
The proportion borne by the amount of the prepayment of the Separate Loan to the amount of the Separate Loans shall not exceed the proportion borne by the amount of the prepayment of the Revolving Facility Loan to the Revolving Facility Loans.
The proportion borne by the amount of the prepayment of the Separate Loan to the amount of the Separate Loans shall not exceed the proportion borne by the amount of the prepayment of the Utilisation to the Utilisations.
The proportion borne by the amount of the prepayment of the Separate Loan to the amount of the Separate Loans shall not exceed the proportion borne by the amount of the prepayment of the Revolving Facility Utilisation to the Revolving Facility Utilisations.
The proportion borne by the amount of the prepayment of the Separate Loan to the total amount of the Separate Loans shall not exceed the proportion borne by the amount of the prepayment of the Facility C Loan to the total Facility C Loan.
Other than in respect of any Separate Loans, the Borrower shall ensure that no principal amount shall be outstanding under any Facility C Loan for a period of not less than ten (10) successive Business Days in each of its Financial Years.
Subject to Clause 8.2 (Cashless Rollover and Separate Loans), each Borrower which has drawn a Loan shall repay that Loan on the last day of its Interest Period.
The proportion borne by the amount of the prepayment of the relevant Separate Loan to the amount of the Separate Loans shall not exceed the proportion borne by the amount of the prepayment of the Capex Facility Loan or WC Facility Loan to the Capex Facility Loans or WC Facility Loans (as the case may be).

More Definitions of Separate Loans

Separate Loans has the meaning given to such term in Clause 6.3 (Repayment); Subsidiary of any person means:

Separate Loans has the meaning set out in Clause 8.2(c) (Repayment of Facility C Loans).

Separate Loans has the meaning given to that term in Clause 9.2.5; “Seventh Anniversary” has the meaning given to that term in Clause 9.4.1(ii); “Sixth Anniversary” has the meaning given to that term in Clause 9.4.1(i);

Separate Loans has the meaning given to it in paragraph (c) of Clause 10.1 (Repayment of Loans).