Rate lock agreement definition

Rate lock agreement means an agreement with a bor- rower made by a mortgage broker, loan originator, or lender in which the mortgage broker, loan originator, or lender agrees that, for a period of time, a specific interest rate or other financing terms will be the rate or terms at which it will make a loan available to that borrower.
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Rate lock agreement means that certain Extended Rate Lock Agreement-Application Stage dated May 9, 2007 between Borrower and Lender, as amended by that certain First Amendment to Extended Rate Lock Agreement-Application Stage dated as of the date hereof.
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Rate lock agreement means a Forward Rate Lock Agreement anticipated to be executed in the form annexed as Exhibit B to that certain term sheet dated December 19, 2006 between Capmark and FC Member.”
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More Definitions of Rate lock agreement

Rate lock agreement the agreement entered into between Borrower and/or Guarantor, and Lender (or another party) dated on or before the date hereof and guarantied by Guarantor under the Payment Guaranty, pursuant to which Lender has "locked" the Applicable Pre-Conversion Treasury Rate that will apply as of the Conversion Date with respect to all or part of the Principal.
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Rate lock agreement means that certain Rate Lock Agreement dated as of December 15, 2004 by and between SCL and LMIC, as amended.
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Rate lock agreement means an agreement entered into between you and us before you drawdown your Loan which sets your guaranteed maximum Fixed Rate for the specified fixed rate period of this Loan.
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Rate lock agreement means that certain letter agreement dated May 3, 2010 by and among Lender, Borrower, and IDRETI, as Hedge Guarantor and Rebalancing Guarantor (as such terms are defined therein).
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Rate lock agreement means that certain interest rate lock agreement dated December 23, 2010 between Borrower and Lender, as amended by that certain amendment to interest rate lock agreement dated of even date herewith.
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Rate lock agreement shall have the meaning set forth in Section 2.02(a) of this Agreement.
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Related to Rate lock agreement

  • Credit Line Agreement means the related credit line account agreement for a Mortgage Loan executed by the related mortgagor and any amendment or modification of it.

  • Disbursement Agreement means the Master Disbursement Agreement, dated as of the Closing Date, by and among the Administrative Agent, the Bank Facilities Administrative Agent, the Disbursement Agent, the Borrowers and LCR, in substantially the form of Exhibit D-3 hereto, as the same may be amended, supplemented, amended and restated, or otherwise modified in accordance with the terms hereof and thereof.

  • Master Letter of Credit Agreement means, at any time, with respect to the issuance of Letters of Credit, a master letter of credit agreement or reimbursement agreement in the form, if any, being used by the Issuing Lender at such time.

  • Repayment Agreement means an agreement

  • Original Facility Agreement means the facility agreement dated 19 December 2018 and made between, amongst others, (i) the Borrower, (ii) the Lenders, (iii) the Mandated Lead Arrangers, (iv) the Facility Agent and the SACE Agent and (v) the Security Trustee.

  • Replacement Letter of Credit means any letter of credit issued pursuant to a Replacement Revolving Facility.

  • Letter of Agreement means a written document that informally resolves a

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • Facility Letter means the facility letter and the other letters of offer or other letters which may from time to time be issued by the Bank to the Borrower in relation to the Facilities.

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Incremental Agreement shall have the meaning provided in Section 2.14(e).

  • Funding Loan Agreement means this Funding Loan Agreement, of even date herewith, by and among the Funding Lender, the Governmental Lender and the Fiscal Agent, as it may from time to time be supplemented, modified or amended by one or more funding loan agreements, indentures or other instruments supplemental hereto entered into pursuant to the applicable provisions hereof.

  • Letter of Acceptance (LOA means the written notice issued by JMRC to the selected bidder(s) intimating the acceptance of selected bidder's Proposal for the award of Lease;

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Letter of Acceptance means the letter of formal acceptance, signed by the contractor. Procuring Entity, including any annexed memoranda comprising agreements between and signed by both Parties.

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Construction Loan Agreement means the Construction Loan Agreement between Lender and Borrower for construction on the Land.

  • Auto-Extension Letter of Credit has the meaning specified in Section 2.03(b)(iii).

  • Letter Agreement has the meaning set forth in the Recitals.

  • Amended Facility Agreement means the Facility Agreement as amended and supplemented by this Agreement.

  • Performance Bank Guarantee/ Security Deposit means interest free amount to be deposited by the Contractor with NMRC as per terms and conditions of Contract Agreement as a security against the performance of the Contract agreement

  • Facility Letter of Credit means a Letter of Credit issued by an Issuer pursuant to Section 2.15.

  • Intercompany Advance Agreement The Intercompany Advance Agreement, dated as September 11, 2009, between Ally Bank and Ally Auto, as amended, supplemented or modified from time to time.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Existing Letter of Credit means each letter of credit previously issued (or deemed issued) for the account of the Borrower, the Company or any of their respective Subsidiaries under the Existing Credit Facilities that (a) is outstanding on the Closing Date and (b) is listed on Schedule 1.01C.

  • Credit Note means a document issued by a registered person under sub-section (1) of section 34;