Triple-A Loans definition

Triple-A Loans means, as of any date of determination the aggregate principal amount of all loans made by Triple-A to Ag Acceptance under the Asset Securitization Credit Agreement which are outstanding on such date. "Type", when used in respect of an Advance or Line of Credit Loan, shall refer to the Rate by reference to which interest on such Advance or Line of Credit Loan is determined. For purposes hereof, the term "Rate" shall include the LIBO Rate, the Base Rate or the Fed Funds Rate. "Variable Rate" means the Base Rate or the Fed Funds Rate. "Variable Rate Loan" shall mean a Base Rate Loan or a Fed Funds Rate Loan.
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Examples of Triple-A Loans in a sentence

  • The aggregate outstanding principal amount of the Triple-A Loans at any time shall be the aggregate principal amount owing on the Triple-A Note at such time.

  • No part of the proceeds of any of the Triple-A Loans has been used, and no portion of the Letter of Credit has been obtained, for so purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of any of Regulations G, T, U or X of the Board of Governors of the Federal Reserve System, as in effect from time to time.

  • Such updated grid schedules, or other proper records maintained by Triple-A (or by the Administrative Agent on behalf of Triple-A) in lieu thereof, shall be presumptively correct evidence of the Triple-A Loans made by Triple-A to the Borrower.

  • The Administrative Agent shall, on the date of any Borrowing hereunder and, so long as such Triple-A Loan is outstanding, on the first day of each successive Interest Period for such Triple-A Loan, notify the Collateral Agent and the Borrower of the duration of the relevant Interest Period and the interest rate which will be applicable to the Triple-A Loans during such Interest Period as described in Section 2.06 below.

  • In further consideration of the Triple-A Loans to be made hereunder, the Borrower agrees to pay to CapMAC and Triple-A, all fees specified in the Fee Letter, which fees will be due and payable at the times and in the manner set forth in the Fee Letter.

  • Each of the parties hereto ratifies the Advances, Grants, Triple-A Loans; Borrowings, payments, representations, warranties, covenants and indemnities made by, to, in favor of, or otherwise on behalf of, such party under the Original Credit Agreement and agrees that such agreement is, as of the date hereof and until the Effective Restatement Date has occurred, in full force and effect.

  • Each of the Triple-A Loans shall be payable in full on the Maturity Date.

  • All outstanding Triple-A Loans (and all outstanding portions thereof) shall be assigned an Interest Period at all times, which Interest Periods will be limited as set forth in the definition thereof.

  • All of the Triple-A Loans ------------ ---- shall be evidenced by the amended and restated promissory note in the form attached hereto as Exhibit A (the "Triple-A --------- -------- Note") appropriately completed, duly executed and delivered ---- on behalf of the Borrower and payable to the order of Triple-A.

  • No part of the proceeds of any of the Triple-A Loans has been used for so purchasing or carrying margin stock or for any purpose which violates, or which would be inconsistent with, the provisions of any of Regulations G, T, U or X of the Board of Governors of the Federal Reserve System, as in effect from time to time.