Loan Discount definition

Loan Discount shall have the meaning set forth in Section 2.03.
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Loan Discount means, as of any date of determination with respect to each Discount Value Loan, the dollar amount determined by multiplying (a) the percentage identified on Schedule 2.4(b) as the discount for such Discount Value Loan times (b) the Book Value of such Discount Value Loan on such date.
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Loan Discount means a decision made by the DEQ and ODOC under OAC 252:221, to allow a borrower to repay less than the full amount of a loan, subject to certain restrictions.
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Examples of Loan Discount in a sentence

  • Consumer Loan Lender FeesLender fees shall not exceed 5% of the loan amount or $100whichever is greater.g. Consumer Loan Discount FeesDiscount fees shall not exceed 2% of the loan amount.h. Homebuyer/Homeownership Education FeeThe fee for homebuyer/homeownership education shall not exceed$500 per unit.

  • ASK is the most important capacity indicator of an airline as employed by the air transport industry and by the Commission itself in previous restructuring cases in the air transport sector.

  • For each loan delivered for financing by the Board , the Participant may collect a Loan Discount Fee from the Mortgagor, the seller of the Residence or the Board (as set forth in the Terms and Conditions).

  • More than 5 percent of the county’s investments are in Federal Home Loan Discount Note and Federal Home Loan Bank Bond.

  • Loan Discount: Also often called "points" or “discount points,” a loan discount is a one-time charge imposed by the lender or broker to lower the rate at which the lender or broker wouldotherwise offer the loan to you.

  • Bank acknowledges and agrees that Sunlight shall retain from the Required Retained Loan Funding Amount the Required Retained Loan Discount Amount and disburse the remaining amounts to the relevant Dealer in accordance with the Program requirements.

  • Investments: Investments balances at September 30, 2009, are as follows: Investment Type Maturities Fair Value Rating Hancock Horizon Government Money Market Mutual Fund 30 days $ 2,089,919 AAAmFederal Home Loan Discount Note 19 days 700,000 AA-Federal Home Loan Bank Bond 41 days 999,900 AaaTotal $ 3,789,819 Interest Rate Risk.

  • The Agreement is not assignable, transferable or sublicensable by the Client except with the Company’s prior written consent.

  • Under the HUD Regulations, a Loan Discount is defined as follows:802.

  • The Term Loan Discount is being amortized to interest expense over the term of the Credit Agreement.

Related to Loan Discount

  • Solicited Discounted Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Specified Discount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).

  • Solicited Discounted Prepayment Offer means the irrevocable written offer by each Term Lender, substantially in the form of Exhibit O, submitted following the Administrative Agent’s receipt of a Solicited Discounted Prepayment Notice.

  • Solicited Discounted Prepayment Notice means an irrevocable written notice of a Borrower Solicitation of Discounted Prepayment Offers made pursuant to Section 2.11(a)(ii)(D) substantially in the form of Exhibit M.

  • BA Discount Proceeds means, in respect of any Bankers' Acceptance, an amount calculated on the applicable Drawdown Date which is (rounded to the nearest full cent, with one-half of one cent being rounded up) equal to the face amount of such Bankers' Acceptance multiplied by the price, where the price is calculated by dividing one by the sum of one plus the product of (i) the BA Discount Rate applicable thereto expressed as a decimal fraction multiplied by (ii) a fraction, the numerator of which is the term of such Bankers' Acceptance and the denominator of which is 365, which calculated price will be rounded to the nearest multiple of 0.001%.

  • Specified Discount Proration has the meaning set forth in Section 2.05(a)(v)(B)(3).

  • Solicited Discounted Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Solicited Discount Proration has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Applicable Discount has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Discounted Term Loan Prepayment has the meaning assigned to such term in Section 2.11(a)(ii)(A).

  • Specified Discount Prepayment Response means the irrevocable written response by each Lender, substantially in the form of Exhibit J, to a Specified Discount Prepayment Notice.

  • Submitted Discount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Non-Discount Mortgage Loan Any Mortgage Loan with an Adjusted Net Mortgage Rate that is greater than or equal to the Required Coupon.

  • Discount Prepayment Accepting Lender has the meaning set forth in Section 2.05(a)(v)(B)(2).

  • Borrower Solicitation of Discount Range Prepayment Offers means the solicitation by any Borrower Party of offers for, and the corresponding acceptance by a Lender of, a voluntary prepayment of Loans at a specified range of discounts to par pursuant to Section 2.05(1)(e)(C).

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Discount Range Prepayment Offer means the written offer by a Lender, substantially in the form of Exhibit K, submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice.

  • Borrower Offer of Specified Discount Prepayment means the offer by the Borrower to make a voluntary prepayment of Term Loans at a specified discount to par pursuant to Section 2.11(a)(ii)(B).

  • Borrower Solicitation of Discounted Prepayment Offers means the solicitation by any Borrower Party of offers for, and the subsequent acceptance, if any, by a Lender of, a voluntary prepayment of Loans at a discount to par pursuant to Section 2.05(1)(e)(D).

  • Discounted Voluntary Prepayment has the meaning specified in Section 2.05(d)(i).

  • BA Discount Rate means: