Titan Loan definition

Titan Loan means the Existing Titan Loan transferred or to be transferred to SIHPL by Newco 2A as amended and restated pursuant to a transfer, amending and restating agreement between Newco 2A, SIHPL and Titan Premier Investments Proprietary Limited, such agreement to become effective on the Settlement Effective Date. Titan Loan Arrangements means the transfer of the Existing Titan Loan to SIHPL, the amendment and restatement of the Existing Titan Loan and the Newco 2A Repayment Agreement.
Sample 1
Titan Loan has the meaning set out in Clause 11.3;
Sample 1
Titan Loan means the Purchased Asset serviced by Titan Capital ID, LLC.
Sample 1

Examples of Titan Loan in a sentence

  • Conditional upon and subject to the occurrence of the Settlement Effective Date, SIHPL will acquire the Titan Loan from Newco 2A for an amount to be determined subject to an agreed mechanism linked to the prevailing EUR-ZAR exchange rate upon Settlement Effective Date.

  • According to this definition from economic classification perspective, the North African countries are included in the group of developing economies.

  • In accordance with the 2019 financial restructuring arrangements, the Titan Loan was transferredfrom SFHG to Newco 2A.

  • Marcus informed the Receiver that he created Blue42 to hold securities accounts (including one at TDAmeritrade) that received consumer monies.On February 6, 2017, Marcus, the signor on Blue42’s TDAmeritrade Account, sent a fax from Receivership Defendant Paralegal Support Group, directing TDAmeritrade to liquidate the account and wire all proceeds to Titan Loan Servicing, LLC (“Titan”).

  • Titan Loan Investment Fund LP (“Titan”), a privately held company in the business of buying distressed loans, expressed interest in acquiring the debt owed by Hillcrest to Wells Fargo.

  • And, the increase in the gap is not uniform: it does not widen for CFOs and Legal Counsels, occupations with more specific credentials.

  • In accordance with the 2019 financial restructuring arrangements, the Titan Loan was transferred from SFH to Newco 2A.

  • The existing clause 12.2 of the Proposal is amended as follows (added wording bold and underlined and removed wording bold and struck through):12.2 The repayment terms of the Newco 2A Loan include a zero coupon, a repayment date being the final maturity date of 6 months after the Titan Loan Receivable final maturity date, quarterly cash sweeps at SIHPL (as described above) and limited recourse to the available assets of SIHPL and a solvent winding up of SIHPL.

  • Lakefront Properties, 444 N.W.2d at 219; Titan Loan Investment Fund, L.P., 891 N.E.2d at 76.

  • As part of the legal settlement SIHPL acquired the Titan Loan asset of ZAR3.4 billion in the 2021 Reporting Period.

Related to Titan Loan

  • 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.

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

  • Canadian Loan means an extension of credit by a Canadian Lender to the Canadian Borrower under Article II in the form of a Committed Loan or a Swing Line Loan.

  • 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.

  • PPP Loan has the meaning set forth in Section 3.28.

  • SOFR Loan means a Loan that bears interest at a rate based on Term SOFR, other than pursuant to clause (c) of the definition of “Alternate Base Rate”.

  • Revolving Advance has the meaning given in Section 2.1.

  • Revolver Loan a loan made pursuant to Section 2.1, and any Swingline Loan, Overadvance Loan or Protective Advance.

  • Swingline Loan means a Loan made pursuant to Section 2.04.

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • 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.

  • Swingline Advance means an advance made by the Swingline Lender, if any, to the Borrower pursuant to Section 2.

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • U.S. Revolving Loan means Loans made by a Lender in respect of its U.S. Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(a) and/or Section 2.24.

  • 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 Loan as defined in Section 2.1.

  • 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.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Swingline Loan Note a promissory note in the form of Exhibit H-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Acquisition Loan means a loan or other extension of credit, including an installment obligation to a “party in interest” (as defined in Section 3(14) of ERISA) incurred by the Trustee in connection with the purchase of Company Stock.

  • 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.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).