Industrial loan definition

Industrial loan means a loan made by a person who is a licensee acting under the terms of the Iowa industrial loan law. An industrial loan qualifies as a consumer loan subject to the Iowa Consumer Credit Code if the borrower is a person other than an organization; the debt is incurred for personal, family, or household use; and the amount financed is below the statutory threshold.
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Industrial loan means a loan on a property used primarily for industrial purposes;
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Industrial loan means loan given for manufasturing purposes.
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Examples of Industrial loan in a sentence

  • Industrial loan business—The making and discounting of secured and unsecured loans to bona fide members of the association.

  • Industrial loan association—For purposes of section 202(d) of the act (70 P.S. § 1-202(d)), an institution organized as an industrial loan association under the applicable laws of the Commonwealth, the business of which is: (i) Substantially confined to the industrial loan business.

  • Industrial loan and thrift companies required to obtain a certificate and a license under Title 45, Chapter 5.

  • Industrial loan companies licensed under the provisions of this chapter may purchase notes, contracts, mortgages, accounts, receivables, leases and securities of a type and kind authorized by the superintendent.

  • Samples were taken at an analogous time-point to those from which the costimulation and exhaustion signatures in autoimmunity were identified.

  • Administrative enforcement of the rule for banks may involve actions under section 8 of the Federal Deposit Insurance Act (12 U.S.C. 1818), including cease-and-desist orders requiring that actions be taken to remedy violations and civil money penalties.2. Industrial loan companies.

  • Buying installment receivables Chattel mortgage financing Consumer financingCredit card services Credit unions FactorsFinancing accounts receivable Industrial loan companiesInstallment financingInventory financing.

  • Industrial loan companies that are insured by the Federal Deposit Insurance Corporation are covered by the Board’s rule.

  • Industrial loan companies (ILCs), also known as industrial banks, are not subject to this prohibition.

  • Facts leading to this appeal are that on the basis of a loan application applied by the appellant No.1 to the respondent for construction of a Hotel under the name and style “Elite Hotel” at Serchhip, Mizoram, the respondent sanctioned an Industrial loan (term loan) amounting to Rs. 13,50,000/- in November, 1986.

Related to Industrial loan

  • Industrial facility means any nongovernmental or non- residential facility that is used for activities such as agriculture, forestry, fishing, mining, manufacturing, transportation, commu- nications, or providing services including electric, gas, and sani- tary services.

  • existing industrial building means a building used for or in connection with,

  • Industrial building means a building used for or in connection with,

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • Industrial park means an area in a blighted or conservation area suitable for use by any manufacturing, industrial, research or transportation enterprise, of facilities to include but not be limited to factories, mills, processing plants, assembly plants, packing plants, fabricating plants, industrial distribution centers, warehouses, repair overhaul or service facilities, freight terminals, research facilities, test facilities or railroad facilities.

  • industrial agreement means an agreement registered by the Commission under this Act as an industrial agreement;

  • Industrial hemp means a plant of the genus Cannabis and any part of the plant, whether growing or not, containing a delta-9 tetrahydrocannabinol (THC) concentration of no more than three-tenths of one percent (0.3%) on a dry weight basis.

  • Finance Leases means any finance leases, to the extent the arrangement is or would have been treated as a finance or a capital lease in accordance with the Accounting Principles applicable on the First Issue Date (a lease which in the accounts of the Group is treated as an asset and a corresponding liability), and for the avoidance of doubt, any leases treated as operating leases under the Accounting Principles as applicable on the First Issue Date shall not, regardless of any subsequent changes or amendments of the Accounting Principles, be considered as a finance lease.

  • Industrial furnace means any of the following enclosed devices that are integral components of manufacturing processes and that use thermal treatment to accomplish recovery of materials or energy:

  • apartment building means a residential use building, or the residential use portion of a mixed-use building, other than a townhouse or stacked townhouse containing four or more dwelling units each of which shall have access to above grade common halls, stairs, elevators, and yards;

  • Industrial means lands, buildings or structures used or designed or intended for use for manufacturing, processing, fabricating or assembly of raw goods, warehousing or bulk storage of goods, and includes office uses and the sale of commodities to the general public where such uses are accessory to an industrial use, but does not include the sale of commodities to the general public through a warehouse club;

  • Industrial use means the use of natural gas, electricity, heat, coal, fuel oil, or other fuels:

  • farm building means that part of a bona fide farming operation encompassing barns, silos and other ancillary development to an agricultural use, but excluding a residential use;

  • Commercial building means a building to which the provisions of ANSI/ASHRAE/IESNA Standard 90.1 apply, which includes buildings except low-rise residential buildings. Low-rise residential buildings include single family homes, multifamily structures of three stories or fewer above grade, and manufactured homes (modular and mobile).

  • Dairy farm means any place or premises where 1 or more dairy animals are kept for milking purposes, and from which a part or all of the milk is provided, sold, or offered for sale.

  • Residential building means a building containing one or more residential dwellings.

  • Industrial User means a nondomestic discharger, as identified in 40 CFR Part 403, introducing pollutants to a POTW.

  • industrial effluent means any liquid, whether or not containing matter in solution or suspension, which is emitted in the course of or as a result of any trade or industrial operation, including a mining operation, and includes any liquid besides soil water or waste water or stormwater;