Loan recipient definition

Loan recipient means an eligible entity that has received a loan under the program.
Loan recipient means an eligible entity that has received a loan from any of the revolving loan funds.
Loan recipient means either the person or Business who has obtained a loan from the Board, or a representative of that person or Business.

Examples of Loan recipient in a sentence

  • The Company will require repayment of each Loan in full on the earlier of (a) the third anniversary of the date the Loan was made, or (b) the date the applicable Loan recipient effects his first sale of Parent Common Stock following the Merger.

  • However, when ex- tenuating circumstances exist and the Community Disaster Loan recipient demonstrates an inability to repay the loan within the initial 10 years, but agrees to repay such loan over an ex- tended period of time, additional time may be provided for loan repayment.


More Definitions of Loan recipient

Loan recipient means an entity or individual which has received a loan from the public bank.
Loan recipient means a state, local, or other governmental entity that owns diesel vehicles or equipment.
Loan recipient means an eligible entity that has
Loan recipient means the Charter School or Chartering Authority that has applied on behalf of a Charter School for which the Authority has approved and issued a loan through the Program.
Loan recipient means the eligible organization that has applied for and received financial assistance under the LAP.
Loan recipient means a state, local, or other governmental
Loan recipient means a Nondesignated Public Hospital that has been approved to receive a loan.