LRL Repayments definition
LRL Repayments the loan repayments due to the Lender under the Limited Recourse Loan Agreement, comprised entirely of the Loan Receivables, which the Loan Originator shall be obliged to pay to the Client Account as an unsecured obligation of the Limited Recourse Loan Agreement, and “LRL Repayment” shall mean any of them. “Minimum Participation Amount” €10.00, being the minimum Participation amount which a Lender can participate in any single Listed Loan and “Minimum Participation Amounts” shall be construed accordingly thereto.
Examples of LRL Repayments in a sentence
All LRL Repayments will be paid without any deduction or withholding for or on account of any Tax.