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 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 MONEDIUS referred to collectively for the purposes of this Agreement.
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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.

  • Defined Terms Used in this Agreement In addition to the terms defined above, the following terms used in this Agreement shall be construed to have the meanings set forth or referenced below.

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

  • Terms Defined in the Original Agreement Unless the context otherwise requires or unless otherwise expressly defined herein, the terms defined in the Original Agreement shall have the same meanings whenever used in this Amendment.

  • Terms Defined in the Credit Agreement All capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Credit Agreement.

  • Terms Defined in this Agreement The following terms when used in this Agreement shall have the following definitions:

  • Terms Defined in Loan Agreement All capitalized terms used in this Amendment (including in the recitals hereof) and not otherwise defined herein shall have the meanings assigned to them in the Loan Agreement.

  • Credit Agreement Definitions Unless otherwise defined herein or the context otherwise requires, terms used in this Security Agreement, including its preamble and recitals, have the meanings provided in the Credit 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.

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