Junior Loans definition

Junior Loans means the loans made pursuant to the Junior Loan Agreement and “Junior Loan” means any one of them.
Junior Loans means the collective reference to the 10.625% Tranche Loans and the 9.75% Tranche Loans.
Junior Loans means the loans made by the Junior Loan Participants to the Borrower to finance the Aircraft pursuant to the terms of Section 2.02 of the Mortgage, and outstanding from time to time under the Mortgage.

Examples of Junior Loans in a sentence

  • The examination shows that Lehman’s pricing models,1028 on average, predicted a higher spread than the average selling Lehman, Junior Loans Pricing Summary (Aug.

  • Subject to the terms and conditions set forth herein each Junior Loan Lender agrees, severally and not jointly, that the outstanding Junior Loans (as defined in the Existing DIP Term Loan Agreement) immediately prior to giving effect to this Agreement in an amount equal to the amount set forth opposite such Junior Loan Lender’s name on Schedule 2.01(b) hereto are hereby exchanged for Junior Loans and deemed borrowed hereunder (the “Junior Loans”).

  • All funding sources for the Project, including any and all Junior Loans and any and all tax credit equity capital contributions, shall be deposited with Bank into an account pledged to Bank for disbursing in accordance with the Loan Documents.

  • The Junior Loan(s) to be advanced by the Junior Loan Provider to the Issuer on or about the Initial Issue Date, will provide first loss credit enhancement in respect of the Notes issued on the Initial Issue Date equal to the Junior Loan Facility Amount.

  • Bullet 31 March 2013Total Junior Loans .................................

  • Owner's aggregate purchase money financing for the Property (“Initial Financing”) shall not exceed an amount equal to one hundred percent (100%) of the Base Resale Price calculated as provided in Section 6.1.3.3 Junior Loans.

  • Principal and interest accrued on the Junior Loan(s) will be payable on Payment Dates in accordance with the Pre-Enforcement Priority of Payments during the Revolving Period, the Pre-Enforcement Priority of Payments during the Amortisation Period or the Post-Enforcement Priority of Payments, as the case may be.

  • Junior Loans On or about the Initial Issue Date, the Issuer will enter into the Junior Loan Agreement with the Junior Loan Provider which will provide first loss credit enhancement in respect of the Notes issued on the Initial Issue Date equal to the Junior Loan Facility Amount.

  • The Company shall repay to the Agent for the ratable account of each applicable Lender on the Termination Date the aggregate principal amount of the Loans made (or deemed made) by such Lender to the Company then outstanding (other than to the extent that the First Lien Last OutNew Money Loans and Junior Loans are converted to loans under the Exit Facility in accordance with the terms of this Agreement and of the Exit Loan Agreement).

  • A minimum of 18 hours of academic credit must be earned since the beginning of the previous fall term or since the beginning of the preceding regular two semesters.


More Definitions of Junior Loans

Junior Loans means all Indebtedness, obligations and liabilities under or relating to the Junior Notes.
Junior Loans as used in this Agreement shall include any and all indebtedness, liabilities and obligations of any of the Borrower Parties to the Chateau Parties (or to any affiliate of the Chateau Parties), absolute or contingent, direct or indirect, joint, several or independent, now outstanding or owing or which may hereafter be existing or incurred arising by operation of law or otherwise, due or to become due, or which arise out of the Junior Loan Documents or are in any way secured by the Properties, but excluding any obligation of any of the Borrower Parties to pay to the Chateau Parties any advisory, consulting, accounting administration, management or similar fee relating to the Properties or to reimburse the Chateau Parties for payroll, insurance or other expenses paid by the Chateau Parties on behalf of any Borrower Party and relating to the Properties (all such fees and obligations being referred to herein as "Affiliate Expenses"). The term "Chateau Parties" shall also include the Chateau Parties, acting in their capacity as authorized agent for any affiliate of the Chateau Parties that holds any Junior Loan or that holds any rights under any Junior Loan Document. As used herein, the term "Junior Obligations" shall mean, collectively, the Junior Loans and the Affiliate Expenses.
Junior Loans shall have the meaning provided in the second recital.

Related to Junior Loans

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • Junior Loan has the meaning provided in the Recitals hereto.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Second Lien Loans means “Loans” under and as defined in the Second Lien Credit Agreement.

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.

  • Senior Loan has the meaning provided in the Recitals hereto.

  • Refinancing Loans means the Refinancing Revolving Loans and the Refinancing Term Loans.

  • ABL Loans means the “Loans” as defined in the ABL Credit Agreement.

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Term Loans as defined in Section 2.1.

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

  • Refinancing Revolving Loans has the meaning assigned to such term in Section 2.26(a).

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

  • Mezzanine Loans means, collectively, the First Mezzanine Loan, the Second Mezzanine Loan, the Third Mezzanine Loan, the Fourth Mezzanine Loan, the Fifth Mezzanine Loan, the Sixth Mezzanine Loan, the Seventh Mezzanine Loan, the Eighth Mezzanine Loan, the Ninth Mezzanine Loan and any New Mezzanine Loan.

  • 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.

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

  • Permitted Loans means:

  • New Revolving Loans as defined in Section 2.25.

  • First Lien Term Loans means the “Term Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Refinanced Loans has the meaning specified in Section 10.01.

  • 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.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.