Purpose of Loan definition

Purpose of Loan shall be: Bridge financing of working capital and ordinary operating expenses pending consummation of alternative financing. 74 3 EXHIBIT B Other capitalized terms used in this Agreement, shall have the respective meanings assigned to them herein.
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Purpose of Loan working capital
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Purpose of Loan long-term working capital in foreign currency
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Examples of Purpose of Loan in a sentence

  • Name of Lender Related** Purpose of Loan Monthly Payment Required Date of Note Amount of Note Maturity Date Interest Rate(4 Digits) 16) Please indicate the total amount of mortgage insurance expense and the location of this expense on Sch.

  • Name of Lender Related** Purpose of Loan Monthly Payment Required Date of Note Amount of Note Maturity Date Interest Rate(4 Digits) * Any interest expense reported in this section should be adjusted out on page 5, line 14 and, consequently, page 4, col.

  • Name of Lender Related** Purpose of Loan Monthly Payment Required Date of Note Amount of Note Maturity Date Interest Rate(4 Digits)* Any interest expense reported in this section should be adjusted out on page 5, line 14 and, consequently, page 4, col.

  • Name of Lender Related** Purpose of Loan Date of Note Amount of Note Maturity DateInterestRate (4 Digits)ReportingPeriod Int.

  • Name of Lender Related** Purpose of Loan Date of Note Amount of Note Maturity DateInterest Rate(4 Digits)Reporting PeriodInt.

  • No. of Months Interest Rate % Amount $ Lender Case Number Agency Case Number VA USDA/Rural Housing Service FHA Conventional Other (explain): Amortization Type: Fixed Rate GPM Other (explain): ARM (type): Purpose of Loan Purchase Refinance Construction Construction-Permanent Other (explain): Complete this line if construction or construction-permanent loan.

  • Monthly App App Providers name and Months BalanceTo be repaid as a condition of theCommitment TypePayment Purpose of Loan 1 2account numberLeftOwingmortgage Loans & Hire Purchase£ ££ ££ £Secured Loan£ £Overdraft(s)£ £Student Loan(s)£ ££ £Childcare/School Fees£ £Maintenance/CSA£ £ Yes NoYes NoYes NoYes NoYes NoYes NoYes NoYes NoYes No Please confirm details of ALL credit cards held.Please use Section 27 - Additional Details if required for additional expenditure.

  • Purpose of Loan (blocks 9 - 12 are for VA loans only) 1) Purchase Existing Home Previously Occupied 7) Construct Home (proceeds to be paid out during construction)2) Finance Improvements to Existing Property 8) Finance Co-op Purchase3) Refinance (Refi.) 9) Purchase Permanently Sited Manufactured Home4) Purchase New Condo.

  • Purpose of Loan - IIFL HFL offers a variety of loan options depending on the requirement of the borrower/s like Home Loan for Purchase/ Construction/ Renovation/ Purchase of Land or Loan Against Property or Loan for Purchase of commercial property etc.

  • Complete the following:Applicant Name Lender Name Describe Type of Business Purpose of Loan TRUEFALSEThe products and/or services of the applicant business are available to the general public.

Related to Purpose of Loan

  • Type of Loan means (i) with respect to either Term Loans or Revolving Loans, a Base Rate Loan or a Eurodollar Rate Loan, and (ii) with respect to Swing Line Loans, a Base Rate Loan.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • ABR Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Alternate Base Rate in accordance with the provisions of Article II.

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term B Lenders pursuant to Section 2.01(b).

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Notice of Loan means a Notice of Loan in the form of the attached Exhibit C.

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans plus (ii) the aggregate principal amount of all outstanding Swing Line Loans plus (iii) the Letter of Credit Usage.

  • Money Market Absolute Rate Loan means a loan to be made by a Bank pursuant to an Absolute Rate Auction.

  • Domestic Rate Loan means any Advance that bears interest based upon the Alternate Base Rate.

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • ABR Advance means an Advance which bears interest at the Alternate Base Rate.

  • Specified Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Prepayment Assumption As defined in the Prospectus Supplement.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term A Lenders pursuant to Section 2.01(a).

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Revolving Credit Borrowing Request means a request made pursuant to Section 2.5 in the form of Exhibit F.

  • Dollar Revolving Loan has the meaning provided in Section 2.01(a)(i).

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

  • Existing Revolving Credit Class shall have the meaning provided in Section 2.14(g)(ii).