Applicable Loans definition

Applicable Loans means the Loans outstanding on the Effective Date under the Applicable Commitment.
Applicable Loans means (a) with respect to the Revolving Facility, the Revolving Loans and (b) with respect to the Term Facility, the Term Loans.
Applicable Loans is defined in Section 10.08(g) hereof.

Examples of Applicable Loans in a sentence

  • For the purposes of the Agreement, Qualified Borrowers are students or former students of the University or the parents of any such individual who took out Applicable Loans.

  • Within 120 days of the effective date of the Agreement, the University or an agent thereof shall, either directly or through modification of current loan agreements with Citibank, N.A., distribute the balance of the Borrower Reimbursement Fund to Qualified Borrowers pro rata based upon the aggregate amount of Applicable Loans each borrower borrowed.

  • Assignor hereby sells and assigns to Assignee, and Assignee hereby purchases and assumes from Assignor, the Assigned Percentage of Assignor's rights and obligations as a Bank under the Credit Agreement with respect to the Applicable Commitment (including, without limitation, the Assigned Percentage of (i) the Applicable Commitment as in effect as of the Effective Date, and (ii) each of the Applicable Loans).

  • The Pre-Qualification Letter shall state that: (i) the Buyer's credit report and income to debt ratios are satisfactory to the Lender; and (ii) subject only to verification of the information contained in the Loan Application, the Lender will grant the Applicable Loans.

  • No later than the Application Deadline referenced in Section 24(a), Buyer shall apply for the Applicable Loans at: .

  • No later than the Pre-Qualification Deadline referenced in Section 24(b), Buyer agrees to provide to Seller a "Pre-Qualification Letter" from the Lender for the Applicable Loans.

  • The issues considered during Monitoring and Evaluation activities or data collection included input and output flows in order to assess progress and identify constraints.

  • No later than the Pre-Qualification Deadline referenced in Section 24, Buyer agrees to provide to Seller a “Pre-Qualification Letter” from the Preferred Lender for the Applicable Loans.

  • Applicable Loans: Means, collectively (a) the Goldman Loan and (b) other indebtedness now or hereafter entered into by any Applicable Entity which may be (x) unsecured, or (y) secured by (I) a mortgage lien on the Property (collectively, with the Goldman Loan, the "Mortgage Loans") and/or (II) the membership interests of one or more Applicable Entities.

  • This agenda was prepared as of 10/02/2015 with all available information as of this date.


More Definitions of Applicable Loans

Applicable Loans has the meaning given to such term in Section 7.2(i) of this Agreement.
Applicable Loans is defined in Section 2.08(a).
Applicable Loans shall have the meaning set forth in Section 9.14(b).
Applicable Loans. Means, collectively (a) the GACC Loan and (b) other indebtedness now or hereafter entered into by any Applicable Entity which may be (x) unsecured; or (y) secured by (I) a mortgage lien on the Property (collectively, with the GACC Loan, the "Mortgage Loans") and/or (II) the membership interests of one or more Applicable Entities.
Applicable Loans. Means, collectively (a) the Goldman Loan and (b) other indebtedness now or hereafter entered ixxx xx any Applicable Entity which may be (x) unsecured, or (y) secured by (I) a mortgage lien on the Property (collectively, with the Goldman Loan, the "Mortgage Loans") and/or (II) the membership intxxxxxx of one or more Applicable Entities.
Applicable Loans means any credit facility (including incremental loan amount as a result of any amendments to existing credit facilities which have the effect of increasing the committed amount under such facility by the LLC or its Subsidiaries) entered into by the LLC or its Subsidiaries after the Effective Date (other than extensions of credit in the ordinary course of business, including trade payables and equipment leases) with respect to which WCP provided negotiation, arranging or structuring services to the LLC or its Subsidiaries. In no event shall “Applicable Loans” include any credit facility entered into by the LLC or its Subsidiaries after the Effective Date with any Affiliate of WCP if such Affiliate of WCP is receiving a closing or similar fee in connection with such facility. For the purposes of this Agreement, “EBITDA” means, for any period, the result of (i) the consolidated net income (or loss) of Holdings and its Subsidiaries for such period, plus (ii) to the extent deducted in any such period in determining such net income or loss (A) all federal, state and local taxes, (B) interest expense, (C) amortization and depreciation expenses, and (D) extraordinary losses, minus (iii) to the extent included in any such period in determining such net income or loss, extraordinary gains, in each case determined in accordance with United States generally accepted accounting principles applied on a basis consistent with the methodologies, practices, estimation techniques, assumptions and principles used in the preparation of the internal financial statements of Holdings and its Subsidiaries. Notwithstanding anything to the contrary contained herein, the LLC’s obligation to pay Deferred Fees shall accrue interest on a daily basis at the rate of 8.5% per annum, compounded daily, until such Deferred Fees are paid in full in accordance with the terms hereof, and all such interest accrued shall constitute fees payable pursuant to this Section 4.

Related to Applicable Loans

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Eligible Loans has the meaning specified in any of the Purchase Agreements or the Sale Agreement, as applicable.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

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

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Delinquent Loans means loans where the borrowers have failed to make scheduled mortgage payments under the terms of the mortgage and where the cumulative amount of mortgage payments missed exceeds the scheduled payments due in a three-month period.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Non-Ratable Loans have the meanings specified in Section 1.2(h).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Permitted Loans means:

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Purchased Loans means, with respect to each Purchase Agreement, the Loans offered for sale and purchased or substituted pursuant to such Purchase Agreement.

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Sections 2.22, 2.23 and/or 9.02(c)(ii).

  • Revolving Advance has the meaning given in Section 2.1.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.