Loan Option definition

Loan Option shall have the meaning set forth in Section 5.1(g).
Loan Option has the meaning set out in Section 2.3;

Examples of Loan Option in a sentence

  • Notwithstanding the foregoing, no Holder, as lender, shall exercise or be permitted to exercise the New Mezzanine Loan Option (as defined in the Loan Agreement).

  • The index is the regular fixed-rate advance rate for the period corresponding to the fixed rate loan option period that Borrower selects, as published by the Federal Home Loan Bank of Des Moines on the last business day of the month prior to the month in which Borrower delivers a completed Fixed Rate Loan Option - Draw Request to Lender, rounded up to the nearest 0.10%.

  • The margin is set forth in Schedule A - Fixed Rate Loan Option Rates.Discounted Rate and/or Discounted Margin.

  • The fixed rate will be determined as follows: The periodic rate on each fixed rate loan option and its corresponding ANNUAL PERCENTAGE RATE will be shown on Schedule A - Fixed Rate Loan Option Rates attached to the Fixed Rate Loan Option - Draw Request.

  • Commented [JE2]: Xxxxx to provide alternative language for Contractor to provide notice to PCEA.

  • For example, the repayment period for a fixed rate loan option based on the Three-Year Fixed Rate (defined in Schedule A - Fixed Rate Loan Option Rates attached to the Fixed Rate Loan Option - Draw Request) will be thirty-six months.

  • In the case of the renewal of a Term Rate Loan Option at the end of an Interest Period, the first day of the new Interest Period shall be the last day of the preceding Interest Period, without duplication in payment of interest for such day.

  • Review a sample of disbursements to students and verify that they were made or returned in accordance with required time frames and for Direct Loan Option 1 and standard origination institutions, only to the students listed on the Actual Disbursement Roster.

  • Direct Loan Option 2 schools and grantees can redistribute drawn amounts between grant awards by making adjustments in G5 to reflect actual disbursements for each award as long as the net amount of the adjustments is zero.

  • There are two interest rate options for borrowings under the Facility, the Base Rate Loan Option and the Eurodollar Rate Loan Option.

Related to Loan Option

  • Extension Option means the First Extension Option, the Second Extension Option, or the Third Extension Option, as applicable.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • First Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • Option means a stock option granted pursuant to the Plan.

  • Second Extension Option shall have the meaning set forth in Section 5(a).

  • Option Commitment means the notice of grant of an Option delivered by the Company hereunder to a Service Provider and substantially in the form of Schedule A attached hereto;

  • Renewal Option has the meaning set forth in §12.1.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Top-Up Option has the meaning set forth in Section 1.4(a).

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Director Option means a Nonstatutory Stock Option granted to each Eligible Director pursuant to Section 6.7 without any action by the Board or the Committee.

  • Prepayment Option Notice as defined in Section 2.12(e).

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

  • Related Option means an Option in connection with which, or by amendment to which, a specified Right is granted.

  • Interest Option has the meaning given such term in Section 2.5(c).

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • SAR means a stock appreciation right granted under the Plan.