Borrower Of Loan Sample Clauses

Borrower Of Loan. The Party that will receive a loaned amount of money under the conditions set by this agreement requires identification. Therefore, furnish the Borrower’s full name to the first line located in the “Borrower” statement. If a Business Entity is the Borrower, then its exact legal identity, including status suffix, must be submitted to the space provided. (3) Mailing Address Of Borrower. The address where the Borrower can be reached by mail regarding the loan being made must be documented in Section I. Record this mailing address on the second line of the “Borrower” statement. (4)
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Borrower Of Loan. The Party that will receive a loaned amount of money under the conditions set by this agreement requires identification. Therefore, furnish the Borrower’s full name to the first line located in the “Borrower” statement. If a Business Entity is the Borrower, then its exact legal identity, including status suffix, must be submitted to the space provided. (3) Mailing Address Of Borrower. The address where the Borrower can be reached by mail regarding the loan being made must be documented in Section I. Record this mailing address on the second line of the “Borrower” statement. (4) Lender Of Loan. The legal name of the Loan Provider must be supplied to the first line of the “Lender” statement. In many cases, the Lender will be a Business (i.e. a Bank). If so, then the entire legal name of the Business Entity lending money through this paperwork should be presented including any abbreviations, special characters such as numerals or punctuation, and the appropriate status suffix on the first space available in the area labeled “Lender.” (5) Lender Mailing Address. The mailing address of the Lender is required on the second line of the “Lender” statement. If the Lender is a Business, then this address must include all the necessary information to reach the Party responsible for this paperwork and the loan agreement. For example, an “Attention” line may be included to define the Department or Party to who mail correspondence regarding this agreement should be directed. II. Loan Amount (6)
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Borrower Of Loan. The Party that will receive a loaned amount of money under the conditions set by this agreement requires identification. Therefore, furnish the Borrower’s full name to the first line located in the “Borrower” statement. If a Business Entity is the Borrower, then its exact legal identity, including status suffix, must be submitted to the space provided. (3) Mailing Address Of Borrower. The address where the Borrower can be reached by mail regarding the loan being made must be documented in Section I. Record this mailing address on the second line of the “Borrower” statement. (4) Lender Of Loan. The legal name of the Loan Provider must be supplied to the first line of the “Lender” statement. In many cases, the Lender will be a Business (i.e. a Bank). If so, then the entire legal name of the Business Entity lending money through this paperwork should be presented including any abbreviations, special characters such as numerals or punctuation, and the appropriate status suffix on the first space available in the area labeled “Lender.” (5) Lender Mailing Address.
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Borrower Of Loan. The Party that will receive a loaned amount of money under the conditions set by this agreement requires identification.
Sample 1Sample 2Sample 3
Borrower Of Loan. The Party that will receive a loaned amount of money under the conditions set by this agreement requires identification. Therefore, furnish the Borrower’s full name to the first line located in the “Borrower” statement. If a Business Entity is the Borrower, then its exact legal identity, including status suffix, must be submitted to the space provided. (3) Mailing Address Of Borrower. The address where the Borrower can be reached by mail regarding the loan being made must be documented in Section I. Record this mailing address on the second line of the “Borrower” statement. (4) Lender Of Loan. The legal name of the Loan Provider must be supplied to the first line of the “Lender” statement. In many cases, the Lender will be a Business (i.e. a Bank).
Sample 1

Related to Borrower Of Loan

  • Amount of Loan The Loan shall comprise the aggregate amount of Tranches disbursed by the Bank under the Credit, as confirmed by the Bank pursuant to Article 2.03.

  • Repayment of Loan 6.1.1 Upon the occurrence of either an Event of Default or a decision by Party A, in its sole discretion, to demand repayment of the Loan or any portion of the Loan, Party A may at its discretion issue a notice (Repayment Notice) to Party B requiring repayment of the Loan or any portion of the Loan and any other payment in arrears under this Agreement.

  • Borrowing Upon receipt of Proper Instructions, the Custodian shall deliver securities of a Portfolio to lenders or their agents, or otherwise establish a segregated account as agreed to by the applicable Fund on behalf of such Portfolio and the Custodian, as collateral for borrowings effected by such Portfolio, provided that such borrowed money is payable by the lender (a) to or upon the Custodian's order, as Custodian for such Portfolio, and (b) concurrently with delivery of such securities.

  • Term Loan The Borrower may, upon notice from the Borrower to the Administrative Agent, at any time or from time to time voluntarily prepay the Term Loan in whole or in part together with the applicable Prepayment Premium; provided that (A) such notice must be received by the Administrative Agent not later than 11:00 a.m. (1) three Business Days prior to any date of prepayment of LIBOR Rate Loans and (2) on the date of prepayment of Base Rate Loans; (B) any such prepayment of LIBOR Rate Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding); (C) any prepayment of Base Rate Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding); and (D) any prepayment of the Term Loan shall be applied in the inverse order of maturity with respect to the remaining amortization payments. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Loans to be prepaid. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s Applicable Percentage of such prepayment. If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. Any prepayment of a LIBOR Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05. On the date of any voluntary prepayment of any Term Loan pursuant to this Section 2.05(a)(ii), the Borrower shall pay to the Administrative Agent, for the benefit of the Lenders, whether before or after an Event of Default, the applicable Prepayment Premium. Subject to Section 2.15, each such prepayment shall be applied to the Loans of the Lenders in accordance with their respective Applicable Percentages.

  • Repayment of Loans (a) The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of Committed Loans outstanding on such date.

  • Revolving Loans The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of all Revolving Loans outstanding on such date.

  • Borrower The term “Borrower” as used herein shall include any new or successor corporation, association, partnership (general or limited), limited liability company, joint venture, trust or other individual or organization formed as a result of any merger, reorganization, sale, transfer, devise, gift or bequest of Borrower or any interest in Borrower.

  • Current Borrowing A statement of current borrowing against lending limits and terms including review and renewal dates (including overdrafts, loans and mortgages). Disclosure of any material changes to the borrowing potential of the organisation, bank overdraft facility etc.

  • Repayment of the Loan The Borrower agrees to repay the EMIs/Monthly Instalments and the other Outstanding Dues to BHFL on or before the respective Due Dates by any of the repayment modes as set out in the Loan Agreement or the Top-Up Loan Addendum, or in such manner and at such place, as may be agreed between the Borrower and BHFL. • BHFL may, at the request of the Borrower in writing, agree to change the repayment mode. BHFL may, at any time, in its discretion revise the repayment schedule in its sole and absolute discretion and notify the Borrower in advance accordingly. • The EMI/Monthly Instalment amount shall be arrived at so as to comprise the repayment of the Loan Amount and payment of Interest calculated on the basis of the Interest Rate within the Loan Tenure. The Borrower agrees to continue paying EMIs/Monthly Instalments until all Outstanding Dues under the Loan have been repaid in full to BHFL.

  • Loans The Sponsor has agreed to make loans to the Company in the aggregate amount of up to $300,000 (the “Insider Loans”) pursuant to a promissory note substantially in the form annexed as an exhibit to the Registration Statement. The Insider Loans do not bear any interest and are repayable by the Company on the earlier of December 31, 2021 or the consummation of the Offering.

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