There are no B Loans related to the Trust.Ĭommitted Advance means an advance made by a Lender to a Borrower as part of a Committed Borrowing and refers to a Base Rate Advance or a Eurodollar Rate Committed Advance, each of which is a “Type” of Committed Advance.Įuro-Dollar Loan means a Committed Loan which bears interest at a Euro-Dollar Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election. “Loan” does not include:(1) A card issuer’s payment or agreement to pay money to a third person for the account of a debtor if the debt of the debtor arises from a sale or lease and results from use of a seller credit card.(2) The forbearance of debt arising from a sale or lease.ī Loan With respect to any Loan Combination, any related subordinated note not included in the Trust, which is subordinated in right of payment to the related A Loan to the extent set forth in the related Intercreditor Agreement.
Term SOFR Loan means a Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.Ī Loan means any of the following, except as provided in paragraph “b”:(1) The creation of debt by the lender’s payment of or agreement to pay money to the debtor or to a third person for the account of the debtor.(2) The creation of debt by a credit to an account with the lender upon which the debtor is entitled to draw immediately.(3) The creation of debt pursuant to a lender credit card in any manner, including a cash advance or the card issuer’s honoring a draft or similar order for the payment of money drawn or accepted by the debtor, paying or agreeing to pay the debtor’s obligation, or purchasing or otherwise acquiring the debtor’s obligation from the obligee or the obligee’s assignees.(4) The creation of debt by a cash advance to a debtor pursuant to a seller credit card.(5) The forbearance of debt arising from a loan.b. Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).ĭollar Loan means a Loan denominated in Dollars. RFR Loan means a Loan that bears interest at a rate based on Daily Simple RFR.ĬBR Loan means a Loan that bears interest at a rate determined by reference to the Central Bank Rate. SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”. This Supplement provides that the Foreclosure Proceeds may be applied to the Class A Loans after application to other Loans and Side-Car Loans with terms providing for such application, if each such other Loan and Side-Car Loan satisfied Sections 9.1 and 9.2 of the Base Term Loan Agreement on the date of its incurrence. This Supplement provides that Foreclosure Proceeds may be applied to other Classes of Loans and Side-Car Loans after Foreclosure Proceeds have been applied to the Class A Loans, if each such other Loan and Side-Car Loan satisfied Sections 9.1 and 9.2 of the Base Term Loan Agreement on the date of incurrence thereof. We can assume n is large enough to satisfy an inequality stated below since the lemma makes a statement about asymptotic behaviour.
This Supplement provides that Foreclosure Proceeds may be applied to other Classes of Loans and Side-Car Loans after Foreclosure Proceeds have been applied to the Class A Loans, if each such other Loan and Side-Car Loan satisfied Section 9.1(c) and Sections 9.1 and 9.2 of the Base Term Loan Agreement on the date of incurrence thereof. This Supplement provides that the Foreclosure Proceeds may be applied to the Class A Loans after application to other Loans and Side-Car Loans with terms providing for such application, if each such other Loan and Side-Car Loan satisfied Section 9.1(a) and Sections 9.1 and 9.2 of the Base Term Loan Agreement on the date of its incurrence.
#Car note c pro
This Supplement provides that Foreclosure Proceeds may be applied to the Class A Loans and other Loans and Side-Car Loans, pro rata, if such other Loans and Side-Car Loans had terms providing for such application and each such other Loan and Side-Car Loan satisfied Sections 9.1 and 9.2 of the Base Term Loan Agreement on the date of its incurrence.
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