Bank Housing Loan definition

Bank Housing Loan means two loans extended by Kookmin Bank to the Seller in connection with the construction of Apartment Block Number 1, with the outstanding balance of 3.419 billion Won as of December 31, 2003 and the kun-mortgage established on Apartment Block Number 1 to secure such loans.

Examples of Bank Housing Loan in a sentence

  • Endorsements of advance applications are liable to satisfaction of lawful, specialized and money related necessities according to rules of NCC Bank Housing Loan Scheme and at the sole carefulness of NCC Bank Ltd.• Home improvement loan: A term loan facility to finance Home Renovation/ Extension/Purchase of household durables for better dwelling standard.

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  • On the same day the receipt also signed by the principal Palani stating that the part sale consideration amount of Rs.40,00,000/­ Bank Housing Loan amount received by the accused that was duly received by the principal after deducting sale advance given by the petitioner / accused.

  • SECURED LOANS (For nature of security Refer Note 3 in Schedule 19) a) Term Loans From Bank- Housing Loan - 10,376,361- Vehicle Loans4,601,3412,214,197From Others - Rupee Loan50,000,000-b) Working Capital Loans From Bank - Rupee Loans51,732,020 108,926,872- Temporary Over Draft- 50,009,884 106,333,361 171,527,3144.

  • Residues in animal and poultry commodities The Meeting estimated the dietary burden of chlormequat residues in farm animals on the basis of the diets listed in Appendix IX of the FAO Manual.

  • Other than the Bank Housing Loan or as provided in Schedule 7.2, all of the Liens on, in or with respect to such real and personal properties will be paid and discharged in full on or prior to the Closing Date.

  • More pertinently, the focus of the parties’ arguments before the Tribunal has been whether the Applicant’s monthly repayments of the 1992 World Bank Housing Loan may be credited toward his court-ordered support obligations because they fall within the language of the Divorce Decree, which reads in relevant part: At this time, [the Applicant] pays the mortgage on the [Virginia] property by automatic withdrawal from his account.

  • In other words, according to the Applicant, in addition to the monthly mortgage payment of $1,759.70 to the Credit Union as mortgagee, the monthly $387.44 World Bank Housing Loan payment was also a “mortgage payment” that he was entitled by the Divorce Decree to credit against, or deduct from, the monthly support payments.

  • Further, the main which has been leaking for seven years, six of them under the period of the last administration, will be replaced by the end of the week ending July 19, 2003.Inter-American Development Bank (Housing Loan Agreement) 114.

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Related to Bank Housing Loan

  • Existing Loan means the loan identified on Exhibit H.

  • Lender-Paid Mortgage Insurance Loan Each of the Mortgage Loans identified on the Mortgage Loan Schedule as having a Lender-Paid Mortgage Insurance Rate.

  • Existing Loans shall have the meaning assigned to such term in Section 2.21(a).

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Real Estate Loan means any debt obligation that is (a) directly or indirectly secured by a mortgage, deed of trust or similar Lien on commercial real estate, residential real estate, office, retail or industrial property or undeveloped land, is underwritten as a mortgage loan and is not otherwise associated with an operating business or (b) a loan to a company engaged primarily in acquiring and developing undeveloped land (whether or not such loan is secured by real estate).

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Initial Revolving Loan means a Revolving Facility Loan made (i) pursuant to the Revolving Facility Commitments in effect on the Closing Date (as the same may be amended from time to time in accordance with this Agreement) or (ii) pursuant to any Incremental Revolving Facility Commitment on the same terms as the Revolving Facility Loans referred to in clause (i) of this definition.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • PPP Loan means the loan made to the Company by the PPP Lender pursuant to the PPP Loan Agreement, for the principal amount of $905,207.00, pursuant to the requirements of the Paycheck Protection Program under the CARES Act.

  • New Loan means a Loan made by the Failed Bank after the Bid Valuation Date that is not a continuation, amendment, modification, renewal, extension, refinancing, restructuring or refunding of or for any then-existing Loan.

  • Term Loan as defined in Section 2.1.

  • Refinancing Loan shall have the meaning provided in Section 2.14(h)(i).

  • 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”.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • Revolving Loan Facility means the credit facility or portion thereof established by Lender in favor of Borrower for the purpose of providing working capital in the form of loans and/or Letters of Credit to finance the manufacture, production or purchase and subsequent export sale of Items pursuant to Loan Documents under which Credit Accommodations may be made and repaid on a continuous basis based solely on credit availability on the Export-Related Borrowing Base during the term of such credit facility

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • CD Loan means (i) a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election or (ii) an overdue amount which was a CD Loan immediately before it became overdue.

  • Extended Loan shall have the meaning assigned to such term in Section 2.26(a).

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Revolving Loan Note means a promissory note in the form of Exhibit 2.5-1, as it may be amended, supplemented or otherwise modified from time to time.

  • Term Loan Advances are each defined in Section 2.1.1(a).