Further Loan definition

Further Loan means any further money which we lend you under the mortgage; “guarantor” is any person who has agreed to guarantee your obligations under the
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Further Loan means a Loan Disbursed by the Lender pursuant to a Further Loan Application Form and in accordance with clause 5.2.
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Further Loan means an increased Loan which does not require the registration of an additional Bond;
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Examples of Further Loan in a sentence

  • The October 2016 Facility was first drawn on 4 January 2017 (the “October 2016 Facility Drawdown Date”) and is unsecured, subject to an interest rate of 2.25% per annum and repayable on demand.In addition, an unsecured loan of approximately S$10,314,000 (the “June 2013 Loan”) was advanced by PLH to FCL on 20 June 2013.On 20 October 2016, PLH assigned all of its rights, interests, benefits and title in the June 2013 Loan, the Loan, the Further Loan and the July 2016 Loan to PSL.

  • Pursuant to an amended and restated loan agreement dated 20 October 2016 between, inter alia, PSL and FCL, with effect from the October 2016 Facility Drawdown Date, the interest rate of each of the June 2013 Loan, the Loan, the Further Loan and the July 2016 Loan was amended from 6.5% per annum to 2.25% per annum and the repayment date was amended to repayable on demand.

  • Further, Loan Parties shall fully cooperate with any consultant or other advisor retained by Lenders and shall provide any such consultant or advisor with access to Loan Parties' financial and other information and to Loan Parties' management as may be requested from time to time.

  • The advances included (i) the Loan, the Interim Loan and the Further Loan, details of which were disclosed in the Joint Announcements; and (ii) a loan of approximately S$10.3 million, which was advanced to LAAPL Subsidiary on substantially the same terms as the aforesaid loans.

  • For the avoidance of doubt, in the event that following the Final Discharge Date in respect of one Loan, the Lender accepts a/any Further Loan Application Form/s, these Terms and Conditions shall continue to apply to such Loan/s until the Final Discharge Date thereof.

  • We may charge different rates of interest on different parts of the Loan as agreed in the Mortgage Offer, for example, a different rate may apply to a Further Loan.

  • The indebtedness of Borrower by virtue of the making of any Further Loan shall not exceed the Borrowing Base.

  • Borrower shall not request any Further Loan if the effect of such Further Loan shall be to cause the principal balance of all outstanding Revolving Loans to exceed the Borrowing Base.

  • Any references to the Loan shall, where applicable, subsequently include any Further Loan or Costs together with interest and shall be calculated and be payable in accordance with the provisions of the Mortgage Offer.

  • If you require more information about these Acts, we recommend you consult a legal adviserLoanThe amount of money stated in the Mortgage Offer as the advance (or loan) which we agree to lend to you and shall also include any Further Loan which we may at any time make to you which is secured against the MortgageMonth/monthlyCalendar monthMonthly PaymentsThe amount you will have to pay to us each month as set out in the Mortgage Offer.


More Definitions of Further Loan

Further Loan means any further money which we lend you under the mortgage; “guarantor” is any person who has agreed to guarantee your obligations under themortgage, and includes the guarantor’s personal representatives;
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Further Loan means any additional Loan made available to the Borrower by the IBLA Creditor under this Agreement after the utilisation of the Initial Loan;
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Further Loan means any further money which we lend you under the mortgage. “insurance policy” means an insurance policy or contract required under condition 16.2. “individual” means natural person.
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Further Loan has the meaning set forth in Section 6.12.
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Further Loan means the $200,000,000 term loan granted to the Borrower by the Lender pursuant to this Agreement.
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Related to Further Loan

  • Further Advance means, in relation to a Loan, any advance of further money to the relevant Borrower following the making of the Initial Advance, which is secured by the same Mortgage as the Initial Advance, excluding the amount of any retention in respect of the Initial Advance;

  • Other Loans means one or more Classes of Loans that result from a Refinancing Amendment.

  • 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.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • 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.

  • 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.

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

  • 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”.

  • 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.

  • 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.

  • 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.

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

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

  • Existing Loan means the loan identified on Exhibit H.

  • U.S. Revolving Loan means a Revolving Loan made to the U.S. Borrower by the U.S. Revolving Lenders.

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

  • Bridging Loan means a credit facility granted for the purchase of Residential Property by the Borrower, pending the receipt of proceeds from the sale of another Residential Property owned or co-owned by the Borrower, under which any balance outstanding shall be repaid within six months;

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Delayed Draw Term Loan Commitment means the Lender’s obligation to make the Delayed Draw Term Loan to the Borrower pursuant to Section 2.01(a), as such amount may be adjusted from time to time in accordance with this Agreement.

  • Loan repayment means the cancellation and repayment of loans

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Subsidiary Loan means any loan made pursuant to a Subsidiary Loan Agreement;