TERMS AND DEFINITIONS USED IN THE LOAN AGREEMENT Sample Clauses

TERMS AND DEFINITIONS USED IN THE LOAN AGREEMENT. Agreement This Loan Agreement consisting of Special Conditions and General Conditions. Applicable Laws Laws, regulations, international agreements in force in the Republic of Poland. Audit An independent examination of books, accounts, statutory records, documents, and other information about the Borrower in order to ascertain the possibility of cooperation and provision of MONEDIUS’s services. Borrower A person specified in the Agreement to whom the Lender has granted the Loan. Business Day A day (other than a Saturday, Sunday, or a red-letter day in the Republic of Poland) on which banks are open for general business. Claim The right of claim against the Borrower resulting from this Agreement. Collateral A property owned by the Borrower and serving as partial or full security to guarantee the repayment of the Loan. Due Claims All claims arising from this Agreement relating to the relevant Project that have fallen due. Interest The remuneration payable to the Lender by the Borrower for use of the Loan under the Agreement. It is considered that the annual interest rate is calculated taking into account that one calendar year consists of 365 (three hundred and sixty-five) days but one calendar month consists of the actual amount of days in that month. Investor Any natural or legal person registered as the user of the Platform, who intends to grant or has granted the Loan to the Borrower. Involved Persons The Lender, the Borrower, and XXXXXXXX referred to collectively for the purposes of this Agreement.
AutoNDA by SimpleDocs

Related to TERMS AND DEFINITIONS USED IN THE LOAN AGREEMENT

  • Terms and Definitions The terms listed below shall have the respective meaning given them as set forth adjacent to each term.

  • COMMON TERMS AND DEFINITIONS 11 A. The parties agree to the following terms and definitions, and to those terms and definitions 12 which, for convenience, are set forth elsewhere in the Agreement.

  • Preamble and Definitions 1.1 The preamble to this agreement constitutes an integral part hereof.

  • AND DEFINITIONS For the purpose of this Agreement:

  • Purpose and Definitions 1. The purpose of this Chapter is to promote the objectives of this Agreement by simplifying customs procedures in relation to bilateral trade between the Parties.

  • Scope and Definitions 1. The provisions of this Chapter shall apply to technical regulations, standards and conformity assessment procedures as defined in the WTO TBT Agreement in so far as they affect trade between the Parties.

  • Scope and Definition (a) This Annex applies to measures affecting the supply of financial services. Reference to the supply of a financial service in this Annex shall mean the supply of a service as defined in paragraph 2 of Article I of the Agreement.

  • Introduction and definitions 1.1 This agreement (the “Grant Agreement”) consists of 23 Clauses, 2 Schedules and 2

  • Recitals and Definitions Each of the parties hereto acknowledges and agrees that the recitals set forth above in this Agreement are true and accurate, are contractual in nature, and are hereby incorporated into and made a part of this Agreement.

  • INTERPRETATION AND DEFINITIONS 2.01 For the purpose of this Agreement:

Time is Money Join Law Insider Premium to draft better contracts faster.