Examples of Loan Availability in a sentence
Facility Detail A Facility Type Overdraft Amount Purpose of Loan Tenure of Loan Availability Period 12 months from the Date of Sanction of the Credit facility in case of Overdraft and/or Approved Tenor for Term Loan, Drop Line OD (DLOD) Rate of Interest* (Interest rate are linked to GSBLR.
If Buyer is to pay all or part of the Purchase Price with a New Loan, this Contract is 219 conditional upon Xxxxx’s satisfaction with the availability of the New Loan based on the lender’s review and underwriting of Xxxxx’s 220 New Loan Application (New Loan Availability).
On the terms and subject to the conditions contained herein, Borrower Agent may request that L/C Issuer Issue, in accordance with L/C Issuer’s usual and customary business practices and for the account of the Borrowers, Letters of Credit (denominated in Dollars) from time to time on any Business Day during the period from the Closing Date through the expiration of the Revolving Loan Availability Period.
Buyer does not have a Right to Terminate based on the 222 New Loan Availability if the termination is based on the New Loan Terms, Appraised Value (defined below), the Lender Property 223 Requirements (defined below), Insurability (§ 10.5. below) or the Conditional Upon Sale of Property (§ 10.7. below).
Buyer has the Right to Terminate under § 24.1., on or before the New Loan 221 Availability Deadline if the New Loan Availability is not satisfactory to Buyer.