TFC Conduit Loan definition

TFC Conduit Loan means that certain loan facility provided by Textron Financial Corporation (TFC) to SPV in accordance with the terms of the Silverleaf Finance II Documents.
TFC Conduit Loan means that certain loan facility provided by Textron Financial Corporation (TFC) to SPV in accordance with the terms of the Silverleaf Finance II Documents, as evidenced by: (i) the Subordinated Note dated as of December 19, 2003 in the original principal amount of $66,380,808.54 made by SPV to TFC and (ii) the Subordinated Note dated as of March 28, 2005 in the original principal amount of $26,333,737.55 made by SPV to TFC, regardless of whether such notes are now or hereafter held by TFC.”
TFC Conduit Loan means that certain loan facility provided by TFC in accordance with the terms of the Silverleaf Finance II Documents.

Examples of TFC Conduit Loan in a sentence

  • Nothing contained herein shall prohibit or limit Borrower’s ability to amend or modify any of the CSF Documents or any of the RFC Documents or any of the TFC Documents or any document in connection with the TFC Conduit Loan or documents evidencing any other indebtedness of Borrower, provided Borrower provides Agent with a copy of the fully executed loan documents promptly within ten (10) days after execution.

  • Nothing contained herein shall prohibit or limit Borrower’s ability to amend or modify any of the CSF Documents or any of the RFC Documents or any of the TFC Documents or any document in connection with the TFC Conduit Loan or any UBS Documents or documents evidencing any other indebtedness of Borrower, provided Borrower provides Agent with a copy of the fully executed loan or facility documents promptly within ten (10) days after execution.

  • Borrower will comply with the terms and conditions of the CapitalSource Finance Facility, the Resort Finance Facility, the Textron Facility, the TFC Conduit Loan and the UBS Finance Facility.

  • Borrower will comply with the terms and conditions of the CapitalSource Finance Facility, the Resort Finance Facility, the Textron Facility and the TFC Conduit Loan.

  • Borrower shall have paid all fees of all Lenders in connection with the TFC Conduit Loan and this First Amendment.

  • Borrower shall have paid all fees of all Lenders in connection with the TFC Conduit Loan and this SECOND Amendment.

  • Borrower shall have paid all fees of all Lenders in connection with the TFC Conduit Loan and this THIRD Amendment.

  • Borrower shall not amend or modify the Sovereign Documents, the DZ Documents, the Bondholder Exchange Documents, the Silverleaf Finance II Documents or the documents evidencing any other indebtedness of Borrower, nor shall Borrower extend, modify, increase or terminate the DZ Facility, the Bond Holder Exchange Transaction, the Sovereign Facility, the TFC Conduit Loan or any other credit facility or loan, without the prior written consent of Lender, which consent shall not be unreasonably withheld.

  • Borrower will comply with the terms and conditions of the CSF Facility, the UBS Facility, the WFF Facility, the TFC Facility and the TFC Conduit Loan.

Related to TFC Conduit Loan

  • Conduit Lender any special purpose corporation organized and administered by any Lender for the purpose of making Loans otherwise required to be made by such Lender and designated by such Lender in a written instrument; provided, that the designation by any Lender of a Conduit Lender shall not relieve the designating Lender of any of its obligations to fund a Loan under this Agreement if, for any reason, its Conduit Lender fails to fund any such Loan, and the designating Lender (and not the Conduit Lender) shall have the sole right and responsibility to deliver all consents and waivers required or requested under this Agreement with respect to its Conduit Lender, and provided, further, that no Conduit Lender shall (a) be entitled to receive any greater amount pursuant to Section 2.18, 2.19, 2.20 or 10.5 than the designating Lender would have been entitled to receive in respect of the extensions of credit made by such Conduit Lender or (b) be deemed to have any Commitment.

  • PPP Loan means (i) any covered loan under paragraph (36) of Section 7(a) of the Small Business Act (15 U.S.C. 636(a)), as added by Section 1102 of the CARES Act, or (ii) any loan that is an extension or expansion of, or is similar to, any covered loan described in clause (i).

  • Revolving Advance has the meaning given in Section 2.1.

  • 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.

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • 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.

  • Term Loan as defined in Section 2.1.

  • Eligible advance means an advance made before August 19, 1993.

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Revolving Advances means Advances made other than Letters of Credit.

  • 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.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified 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.

  • Tranche B Term Loan as defined in Section 2.1.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

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

  • Tranche C Loan means an extension of credit by a Lender to TFA under Article II. Except as provided in Section 2.16(c), Tranche C Loans shall be denominated in Australian Dollars.

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

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • Bank Rate means the one year marginal cost of lending rate (MCLR) of the State Bank of India issued from time to time plus 350 basis points;”

  • Tranche C Term Loan as defined in Section 2.1.

  • Revolving Loan Commitment Termination Date means the earliest of