Loan Tenor definition

Loan Tenor means the tenor of the Loan which is specified in the Letter. “Material Adverse Effect” means a material adverse effect on:
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Loan Tenor means the tenor of a Loan which is specified in the Letter.
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Loan Tenor means the tenure of the Loan as specified in Schedule II; 'NEFT' means the National Electronic Fund Transfer in terms of the regulations and directions issued by RBI or any regulatory or statutory body; 'Outstanding Dues' means, at any time, all the amounts outstanding and payable or obligations to be performed by the Borrower to the Lender, pursuant to the terms of this Agreement and/or any other Loan Documents, including but not limited to the following:
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Examples of Loan Tenor in a sentence

  • Unless otherwise agreed by the Financing Bank or stipulated herein, each drawdown under this Specification made by the Client shall be completely and fully repaid on the last day of the Loan Tenor Period or the maturity date of the Loan Limit specified in its drawdown notice (which shall be accepted by the Financing Bank).

  • The first Interest Period of each drawdown shall be calculated from the date of drawdown (“Starting Day”) to the most recent Interest Payment Day; If the last day of the Loan Tenor Period is not the last day of the last Interest Period, the interest for the final Interest Period shall be calculated through one Business Day prior to the last day of the Loan Tenor Period and paid on the last day of the Loan Tenor Period (the "Last Interest Payment Day").

  • If the last day of the Loan Tenor Period is not the last day of the last Interest Period, the interest for the final Interest Period shall be calculated through one Business Day prior to the last day of the Loan Tenor Period and paid on the last day of the Loan Tenor Period (the “Last Interest Payment Day”).

  • Unless otherwise agreed by the Financing Bank or stipulated herein, each drawdown under this Specification made by the Client shall be completely and fully repaid on the last day of the Loan Tenor Period or the maturity date of the Loan Limit specified in its drawdown notice (which shall be accepted by the Financing Bank) However, all outstanding amounts of drawdowns under this Specification shall be paid off on or before the Final Maturity Date (if stipulated) provided in this Agreement.

  • Loan Tenor: EHFL offers a wide range of loan tenors starting from 1 year up to 20 years depending on a combination of various parameters like age of borrower/s, loan product, collateral security etc.

  • Based on the part Pre- Payment made by the Borrower, as stated herein, either the Loan Tenor shall be reduced to the extent of the part Pre-Payment made or the EMI amount shall be reduced by maintaining the Loan Tenor with the mutual written consent of the Parties.

  • The first Interest Period of each drawdown shall be calculated from the date of drawdown (“Starting Day”) to the most recent Interest Payment Day; If the last day of the Loan Tenor Period is not the last day of the last Interest Period, the interest for the final Interest Period shall be calculated through one Business Day prior to the last day of the Loan Tenor Period and paid on the last day of the Loan Tenor Period (the “Last Interest Payment Day”).

  • Based on the part Pre-Payment made by the Borrower, as stated herein, either the Loan Tenor shall be reduced to the extent of the part Pre-Payment made or the Monthly Instalment amount shall be reduced by maintaining the Loan Tenor with the mutual written consent of the Parties.


More Definitions of Loan Tenor

Loan Tenor means the tenure of the Additional Loan as specified in Annexure I of this Additional Loan Addendum. ‘Repayment Date(s)’ in relation to the Additional Loan means the date on or before which each Monthly Instalment is to be repaid by the Borrower, as more specifically mentioned in Annexure I to this Additional Loan Addendum.
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