Loan Proposal definition

Loan Proposal means the loan proposal letter dated October 13, 2016 by and between Borrower and Lender together with any amendments or supplements.

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Loan Proposal. The proposed transaction and all communications and information provided by the Introducer which describe the transaction and the Customer’s circumstances. The Modern Slavery ▇▇▇ ▇▇▇▇.

Loan Proposal has the meaning specified in Section C(2) of Addendum I hereto.

Examples of Loan Proposal in a sentence

• Growth Capital Loan Proposal Letter by and among the Corporation, GE Healthcare Financial Services, Inc., and Oxford Finance Corporation, dated December 21, 2010.

• If the applicable Line of Credit Lender does not confirm its acceptance of the Line of Credit Loan Proposal, then it shall have no obligations with respect thereto and no such Line of Credit Loan will be made.

• In the event that any Line of Credit Loan Proposal in respect of a Line of Credit Loan so specifies, the Borrowers and applicable Line of Credit Lender shall fulfill their respective obligations to pay the applicable outstanding Line of Credit Loan on the applicable Line of Credit Loan Maturity Date and fund the applicable Line of Credit Loan on the corresponding Line of Credit Loan Date by setting off such amounts.

• Upon delivery of such confirmation, the Line of Credit Lender shall become obligated to advance the amount of the Line of Credit Loan (after giving effect to any Line of Credit Loan Issuance Discount) to the Borrowers on the applicable Line of Credit Loan Date on the terms set forth in the Line of Credit Loan Proposal.

• The terms and provisions of the Loan Proposal are hereby terminated and superseded by this Agreement.

• During such periods as any Fixed Rate Line of Credit Loan is outstanding, such Fixed Rate Line of Credit Loan shall earn interest at a rate per annum equal to the Line of Credit Loan Fixed Rate set forth in the applicable Line of Credit Loan Proposal, payable in arrears on the dates set forth in the applicable Line of Credit Loan Proposal for such Fixed Rate Line of Credit Loan.

• The Introducer will give UTB reasonable notice of any claim, demand or action of which it becomes aware in respect of any Customer or Loan Proposal introduced to UTB.

• Lender shall be entitled to rely upon, and shall be fully protected in relying upon, any Notice of Revolving Credit Advance, Notice of Letter of Credit Request, Liquidation Loan Proposal or similar notice believed by Lender to be signed by any Authorized Person of a Borrower.

• Lender shall have sole discretion to decide whether or not to agree to any Liquidation Loan Proposal or to propose an alternative Inventory or Other Assets Advance Rate for the proposed Liquidation Sale.

• During such periods as any Eurodollar Rate Line of Credit Loan is outstanding, such Eurodollar Rate Line of Credit Loan shall earn interest at a rate per annum equal to the sum of (x) the Eurodollar Rate for such Line of Credit Loan, plus (y) the Line of Credit Loan Margin, in each case as set forth in the applicable Line of Credit Loan Proposal, payable in arrears on the dates set forth in the applicable Line of Credit Loan Proposal for such Eurodollar Rate Line of Credit Loan.

More Definitions of Loan Proposal

Loan Proposal. As defined in Section 2.03(a).

Loan Proposal means the proposal prepared by NCB for each loan being reviewed for financing, such proposal setting forth the terms and conditions on which such loan is proposed to be made.

Loan Proposal has the meaning set forth in Section 3(b)(viii) below.