Loan obligation definition

Loan obligation means a bond, note, or other evidence of an obligation issued by a qualified borrower.
Loan obligation means a bond, note, or other evidence of obligation issued by a project sponsor to evidence its indebtedness under a loan agreement with respect to a loan.
Loan obligation means that amount of Bonds issued by the Bank which shall be equal to the principal amount of Municipal Bonds outstanding of a Governmental Unit, as certified to the Trustee by the Bank.

Examples of Loan obligation in a sentence

  • This account shall be maintained as long as the Loan obligation remains unsatisfied.

  • This account shall be maintained, and is subject to review and audit by Lender, as long as the Loan obligation remains unsatisfied.

  • The forgiveness amount is de- ducted from the aggregate amount of the borrower’s subsidized or unsub- sidized Federal Stafford or Federal Consolidation Loan obligation that is outstanding after the borrower com- pletes his or her fifth consecutive com- plete academic year of teaching as de- scribed in paragraph (c) of this section.

  • The forgiveness amount is deducted from the aggregate amount of the borrower’s Direct Subsidized Loan or Direct Unsubsidized Loan or Direct Consolidation Loan obligation that is outstanding after the borrower completes his or her fifth consecutive complete academic year of teaching as described in paragraph (c) of this section.

  • The Borrower expects that a portion of the costs of the Project will be reimbursed to the Joint Meeting by the United States Federal Emergency Management Agency, which reimbursement shall thereupon be disbursed by the Joint Meeting to the I-Bank on behalf of the Borrower, as provided by the terms of the Agreement, for purposes of prepaying or repaying all or a portion of the Loan obligation of the Borrower hereunder in accordance with the terms and provisions of this Note.


More Definitions of Loan obligation

Loan obligation. Each Whole Loan or Participation identified on Exhibit A hereto.
Loan obligation means the total amount owing from time to time by the Company, excluding any amount owing by the Company in respect of its share capital, the aggregate of the amounts transferred in terms of the Act to the reserves and provisions of the Company and any debt to be discharged from monies in the Levy fund referred to in Article 9 of the MOI.
Loan obligation means any debt incurred by an Eligible Owner and secured by
Loan obligation means a bond, note, or other evidence of obligation issued by a local government to evidence its indebtedness under a loan agreement or otherwise with respect to a loan.
Loan obligation means a commercial loan.
Loan obligation means the total amount of any balance outstanding with respect to all Advances, including any accrued but unpaid interest, as well as any costs of collection and reasonable attorney’s fees and costs payable pursuant to this Agreement. The Client may prepay the Loan Obligation in whole or in part without penalty at any time.