Loan Deposit definition

Loan Deposit means the deposit in the amount of RMB65,000,000 payable by Purchaser A to the Vendor pursuant to the LFA;
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Loan Deposit has the meaning set forth in Section 2.2(b) of this Loan Agreement.
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Loan Deposit means the deposit in the amount of RMB65,000,000 paid by Purchaser A into the Loan Escrow Account pursuant to the LFA;
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Examples of Loan Deposit in a sentence

  • The sixth Monthly Loan Deposit shall be at least equal to the amount required to make the total on deposit in the Loan Debt Service Account equal to the Semiannual Loan Payment amount, taking into consideration investment earnings credited to the account pursuant to Section 3.02.

  • The investment earnings shall be credited to the Loan Debt Service Account and applied toward the Monthly Loan Deposit requirements.

  • If for any reason construction is not completed as scheduled, there shall be no resulting diminution or delay in the Semiannual Loan Payment or the Monthly Loan Deposit.

  • Any month in which the Local Government fails to make a required Monthly Loan Deposit, the Local Government’s chief financial officer shall notify the Department of such failure.

  • Any month in which the Project Sponsor fails to make a required Monthly Loan Deposit, the Project Sponsor’s chief financial officer shall notify the Department of such failure.

  • Savings Banks and Savings and Loan Associations with offices located within the State of Kansas are also eligible for the Kansas Housing Loan Deposit Program.

  • Notwithstanding the terms hereof, in no event shall Lender have any obligation to disburse funds from the Mezzanine Loan Deposit Account, the Mezzanine Loan Holding Account or the Current Debt Service Reserve Account for so long as an Event of Default shall have occurred and be continuing.

  • However, there shall be no resulting diminution or delay in the Semiannual Loan Payment or the Monthly Loan Deposit.

  • If, notwithstanding the provisions of this Section 9.1(b), a Borrower receives any sums due under the Interest Rate Cap Agreement (or any Replacement Interest Rate Cap Agreement or Extension Interest Rate Cap Agreement) then the applicable Borrower (x) shall be deemed to hold such amounts in trust for Lender and (y) shall deposit any such sums in the Mezzanine Loan Deposit Account within one Business Day of receipt thereof.

  • The Trust, as payment of the purchase price of the Mortgage Pool Assets and in consideration of the Company making the Initial Group 1 Servicing Fee Shortfall Deposit, the Initial Group 1 Interest Shortfall Deposit, the Initial Group 2 Interest Shortfall Deposit and the Initial Group 2 August Loan Deposit pursuant to Section 2.01, shall, on the Closing Date, issue the REMIC I Regular Interests and the Class R-1 Residual Interest to the Company.