Contract Loan definition

Contract Loan has the meaning assigned to such term in Section 2.02(e).
Contract Loan is defined in Section 2.1.1.
Contract Loan set forth in Section 1.1 of the Loan Agreement is hereby deleted in its entirety and restated as follows:

Examples of Contract Loan in a sentence

  • Each Contract Loan shall be made in accordance with the procedures set forth in paragraph (e) below.

  • Each Borrower hereby unconditionally promises to pay to the applicable Lender the then unpaid principal amount of each Contract Loan on the date or dates agreed by such Borrower and such Lender.

  • Each Lender shall make each Contract Loan to be made by it hereunder on the proposed date thereof by wire transfer of immediately available funds by the time and to the account agreed upon by the relevant Borrower and the applicable Lender.

  • Articles to be subjected to investigation under the Contract will be issued to the Contractor on Contract Loan as and when they become available and will be forwarded, carriage paid, to the Contractor’s works.

  • Articles for repair, modification and conversion will be issued to the Contractor on Contract Loan Terms.

  • The Owner/Annuitant/Participant’s signature on this Qualified Annuity Contract Loan Application and Agreement must be notarized or signature guaranteed below if: 1) Requested by the home office, or2) You purchased your contract electronically with an e-signature and you have not previously submitted a notarized or guaranteed signature.

  • Articles for Repair shall be issued to the Contractor on Contract Loan DEFCON 611.

  • For the purposes of DEFCON 611 (Edn 07/10) all articles issued under the Contract shall be issued on a Contract Work Item (formerly Contract Loan) basis.

  • For the purposes of DEFCON 611 (Edn 07/10) all articles issued under the Contract for either Calibration only or for Repair and Subsequent Calibration shall be issued on a Contract Work Item (formerly Contract Loan) basis.

  • The Commission is not liable for any cost, including costs of preparation of applications, incurred by applicants prior to issuance of a Contract, Loan Agreement or other Financial Assistance.


More Definitions of Contract Loan

Contract Loan means the revolving loan facility made available by Lender to Borrower pursuant to this Agreement in the maximum principal amount of Ten Million and 00/100 Dollars ($10,000,000.00), evidenced by the Contract Note.”

Related to Contract Loan

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Wet Loan means a Purchased Loan originated and owned by the Seller immediately prior to being purchased by the Buyers:

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

  • 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.

  • Direct Loan means any loan made by Canada under section 6.1 of the CSFAA on or after August 1, 2000.

  • 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”.

  • 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.

  • Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.

  • Discount Loan The Loans having Pass-Through Rates of less than 6.75%.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Project Loan Account means any of the Accounts within the Project Fund so designated and established by Article V.

  • Loan Contract means any written agreement under which a qualified lender lends or agrees to lend funds to a borrower in consideration for, among other things, the borrower’s promise to repay the loaned funds at an agreed- upon rate of interest.

  • PACE Loan means (x) any “Property-Assessed Clean Energy loan” or (y) any other indebtedness, without regard to the name given to such indebtedness, which is (i) incurred for improvements to the Property for the purpose of increasing energy efficiency, increasing use of renewable energy sources, resource conservation, or a combination of the foregoing, and (ii) repaid through multi-year assessments against the Property.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Loan means an extension of credit by a Lender to the Borrower under Article II in the form of a Term Loan, a Revolving Credit Loan or a Swing Line Loan.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Replacement Loans has the meaning specified in Section 10.01.

  • Construction Loan means the loan to finance construction of the Apartment Housing, made to Owner by the Construction Lender.

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

  • 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.

  • Subservicer Advance Any delinquent installment of principal and interest on a Mortgage Loan which is advanced by the related Subservicer (net of its Subservicing Fee) pursuant to the Subservicing Agreement.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown 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.

  • Interest Reserve Loan Each Actual/360 Mortgage Loan.