Lending Terms definition

Lending Terms means the terms on which the aggregate amount of the Total Commitment is to be lent by the Borrower to the Purchaser, and shall include, but not be limited to, a first preferred pledge over the Navion Shares deposited with the Agent;
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Examples of Lending Terms in a sentence

  • If an Event of Default occurs under Clause 13.2 (a) of the General Lending Terms, or if at any time the Maximum Amount is exceeded, and while the relevant event continues, you must pay Interest at the Default Rate and the Fees as specified below.

  • We agree to make the Loan available to you on the terms set out in this Agreement (as such terms is defined in the General Lending Terms).

  • The Bank reserves the right to amend the Lending Terms and Conditions at any time.

  • The sale of (all or part of) your rights under peer-to-peer loans is governed by the General Lending Terms and Conditions.

  • Rate may change if loan is in default (see clause 6.4 of the General Lending Terms).

  • Some wording has been included in italics to explain some of the legal terms in these General Lending Terms.

  • The headings to the clauses in the Agreement are by way of guidance only and do not affect the interpretation of these General Lending Terms.

  • Accordingly, the amount of the Total Exposure and Collateral Assignable Value may change at any time; (c) the Bank’s rights as set out in clause 8 (Security and Margin Calls) of the Lending Terms and Condition; and (d) that the Bank may dispose of Securities to fund any payments due under this clause.

  • The amount of additionally accrued interest shall be capitalized by adding to the amount of the Principal Tranche on the corresponding Lending Terms Change Date.

  • Pursuant to the section “Term” of the Offer Letter and clause 3(b) of the Lending Terms and Conditions, we hereby give you notice that, with effect from the third Business Day following the date of this notice, all outstanding Drawdowns under the Revolving Facility, accrued interest and all other amounts accrued or outstanding are immediately due and payable.