New Loan definition

New Loan means a Loan made by the Failed Bank after the Bid Valuation Date that is not a continuation, amendment, modification, renewal, extension, refinancing, restructuring or refunding of or for any then-existing Loan.

New Loan means Loans, other than the Loans comprised in the Initial Covered Bond Portfolio, which the Seller may assign or transfer to the Guarantor after the First Transfer Date pursuant to the Mortgage Sale Agreement and “New Loans” means more than one New Loan;

New Loan has the meaning set forth in Section 2.18(b).

Examples of New Loan in a sentence

• Application has been made to the Stock Exchange for a waiver of the requirement of holding a general meeting to approve the New Loan Agreement and to accept the written independent shareholders’ approval pursuant to Rule 14A.43 of the Listing Rules.

• Uchisaiwaicho, Chiyoda-ku, Tokyo Representative: Yoshihiro Takatsuka, Executive Director www.ichigo-office.co.jp/english Asset Management CompanyIchigo Investment Advisors Co., Ltd.Representative: Wataru Orii, PresidentInquiries: Hiroto Tajitsu, Head of Administration Tel: +81-3-3502-4891 New Loan and Interest Rate SwapIchigo Office decided today to borrow funds via a new loan (“Term Loan XII”) and to enter into an interest rate swap to lock-in the interest rate on this new loan.

• The New Loan will allow ECI Metro to continue to finance its purchase of Caterpillar machinery and spare parts and provide working capital for the ECI Metro Group.

• Reference is further made to the Nonprofit Organization New Loan Facility Lender Certifications and Covenants Instructions and Guidance (the “Instructions”) immediately preceding these Nonprofit Organization New Loan Facility Lender Certifications and Covenants.

• Reason for New Loan and Interest Rate SwapThe new loan, together with cash-on-hand (JPY 3 million), will be used to repay existing floating interest rate loans (JPY 2.949 billion).

More Definitions of New Loan

New Loan means the terms of the revised loan are at least as favorable to the credit union (i.e., terms are market-based, and profit driven) as the terms for comparable loans to other customers with similar collection risks who are not refinancing or restructuring a loan with the credit union, and the revisions to the original debt are more than minor.

New Loan has the meaning specified in Section 2.21(b).

New Loan. This contract is contingent on Buyer obtaining financing. Within thirty (30) days after the effective date of this contract Buyer shall apply for all financing and make every reasonable effort to obtain financing approval. If financing or assumption approval is not obtained within thirty (30) days after the effective date hereof, this contract will terminate, and the xxxxxxx money will be refunded to Buyer, and the property may be re-listed for sale or a Purchase Agreement with another party may be executed by Seller.

New Loan means Loans, other than the Loans comprised in the Initial Portfolio, which the Seller may assign or transfer to the LLP after the First Assignment Date pursuant to the Mortgage Sale Agreement;

New Loan means a Financed Student Loan which (i) is made by an eligible lender under the Higher Education Act to a Borrower who is not a Borrower under any Initial Financed Student Loan, (ii) is made under a loan program which existed as of the Closing Date, and (iii) is guaranteed by a Guarantor.

New Loan has the meaning assigned to such term in Section 2.12(b).

New Loan means a newly initiated loan instrument designed to finance new investments or working capital, to the exclusion of refinancing of existing loans;