Summary of Loan Terms definition

Summary of Loan Terms means that certain Schedule 2 (Summary of Loan Terms) to the Loan Agreement.
Sample 1Sample 2Sample 3
Summary of Loan Terms means Truth in Lending Disclosures provided to you prior to executing this Agreement, pursuant to the federal Truth in Lending Act and Regulation Z.
Sample 1Sample 2Sample 3

Examples of Summary of Loan Terms in a sentence

  • If the Loan Term exceeds ten (10) years (or five (5) years in the case of any Mortgaged Property that is an “affordable housing property” as indicated on the Summary of Loan Terms), a property condition assessment shall be ordered by Lender for the Mortgaged Property at the expense of Borrower (which expense may be paid out of the Replacement Reserve Account if excess funds are available).

  • The property condition assessment shall be performed no earlier than the sixth (6th) month and no later than the ninth (9th) month of the tenth (10th) Loan Year and every tenth (10th) Loan Year thereafter if the Loan Term exceeds twenty (20) years (or the fifth (5th) Loan Year in the case of any Mortgaged Property that is an “affordable housing property” as indicated on the Summary of Loan Terms and every fifth (5th) Loan Year thereafter if the Loan Term exceeds ten (10) years).

  • Any party to this Loan Agreement may change the address to which notices intended for it are to be directed by means of notice given to the other parties identified on the Summary of Loan Terms in accordance with this Section 15.2.

  • The total amount of finance charges you pay may differ from the Finance Charge in, and your final payment may vary from, the Summary of Loan Terms for a variety of reasons, including but not limited to late payments, missed payments, or changes to your due date.

  • The following information in this Summary of Loan Terms (“Summary”) is incorporated into and deemed part of this Continuing Covenant Agreement (“Continuing Covenant Agreement”).

  • We will disburse your loan funds to the party identified in this Summary of Loan Terms.

  • Modifications to Multifamily Loan and Security Agreement – Addenda to Schedule 2 – Summary of Loan Terms (FHA Risk Sharing Loans) (6102.14).

  • Any party to this Loan Agreement may change the address to which notices intended for it are to be directed by means of notice given to the other parties identified on the Summary of Loan Terms in accordance with this Section 15.02.

  • Modifications to Multifamily Loan and Security Agreement – Addenda to Schedule 2 – Summary of Loan Terms (Supplemental Lien – Senior Loan Terms) (6102.09).

  • If You receive an estimated Summary of Loan Terms and a Digital Card, You acknowledge and agree that Your payment schedule is as set out in an updated payment schedule (“Updated Payment Schedule”) that will be based on the date You use Your Digital Card.

Related to Summary of Loan Terms

  • Loan Terms means and refers collectively to (a) all the terms and conditions set out in the Application Form, (b) these General Terms and Conditions, and (d) all terms and conditions specified in the other Loan Documents.

  • Loan Transmittal Summary Forms means the forms related to each Xxxx of Sale provided to the Seller by the Purchaser and completed by the Seller which list, by Borrower, (i) the Loans subject to the related Xxxx of Sale and (ii) the outstanding Principal Balance and accrued interest thereof as of the related Cutoff Date.

  • Summary of Rights shall have the meaning set forth in Section 3(b) hereof.

  • Annex II means Annex II to Directive 2008/98/EC of the European Parliament and of the Council on waste.

  • Summary Plan Description means this plan document and summary plan description.

  • Repayment Schedule means the schedule of Repayment Instalments in the agreed inserted into this Agreement in accordance with Clause 6.1 (Repayment) as Schedule 1 (Repayment Schedule), and as replaced from time to time pursuant to Clause 6.4;

  • Loan Term means the term of this Loan Agreement provided in Sections 3.01 and 3.03 hereof and in Exhibit A-2 attached hereto and made a part hereof.

  • Rate Type means the Offshore Rate, the Base Rate or the CP Rate.

  • Acceptance and Prepayment Notice means a notice of the Borrower’s acceptance of the Acceptable Discount in substantially the form of Exhibit M.

  • Project Description means the document that describes the Project's Reduction activities and that uses either the VCS Project Description Template or the project description template specified by the relevant Approved GHG Program;

  • Original Loan Agreement has the meaning set forth in the Recitals to this Agreement.

  • Commitment Schedule means the Schedule attached hereto identified as such.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Loan Schedule The schedule, as amended from time to time, of Loans attached hereto as Exhibit D, which shall set forth as to each Loan the following, among other things:

  • Prices & Rates Schedule means the Schedule containing details of the Contract Price.

  • Pricing Schedule means the Schedule attached hereto identified as such.

  • Pricing Grid the pricing grid attached hereto as Annex A.

  • Product Description means the description of each Hospitality Package, or series of Hospitality Packages which are the subject of any Confirmation of Purchase.

  • the Second Supplementary Agreement means the Second Supplementary Agreement, a copy of which is set out in Schedule 3;

  • ESG Pricing Provisions has the meaning specified in Section 2.18.

  • SUMMARY means the Summary of Basic Lease Terms executed by Landlord and Tenant that is part of this Lease.

  • Exhibit 2 Standard File Codes – Delinquency Reporting, Continued The FNMA Delinquent Reason Code field should show the Reason for Delinquency as follows: Delinquency Code Delinquency Description 001 FNMA-Death of principal mortgagor 002 FNMA-Illness of principal mortgagor 003 FNMA-Illness of mortgagor’s family member 004 FNMA-Death of mortgagor’s family member 005 FNMA-Marital difficulties 006 FNMA-Curtailment of income 007 FNMA-Excessive Obligation 008 FNMA-Abandonment of property 009 FNMA-Distant employee transfer 011 FNMA-Property problem 012 FNMA-Inability to sell property 013 FNMA-Inability to rent property 014 FNMA-Military Service 015 FNMA-Other 016 FNMA-Unemployment 017 FNMA-Business failure 019 FNMA-Casualty loss 022 FNMA-Energy environment costs 023 FNMA-Servicing problems 026 FNMA-Payment adjustment 027 FNMA-Payment dispute 029 FNMA-Transfer of ownership pending 030 FNMA-Fraud 031 FNMA-Unable to contact borrower INC FNMA-Incarceration

  • Basic Terms Modification means any proposal:

  • Order Schedule means an MSC Order Schedule (or other order document) agreed to by Customer and MSC, and which incorporates this Agreement, by reference or otherwise, and sets forth, among other things, the Software, Maintenance and/or Services ordered.