Examples of Refinanced Loan in a sentence
With respect to each Existing Loan that is designated on Schedule 1.2 as a “Refinanced Loan”, the Operating Partnership shall cause such Refinanced Loan to be refinanced or repaid in connection with the Closing.
SL Advisors will describe its Code of Ethics in Part 2 of Form ADV and, upon request, furnish Clients with a copy of the Code of Ethics.
Unless you enrol for replacement insurance coverage with the Group Policyholder, you will not have any insurance on your Refinanced Loan or Lease.
Refinanced Loan: Refinanced loans that cause the outstanding loan balance at the time the new loan is granted (old balance) when added to the replacement loan (old balance plus the new loan amount) to exceed $50,000, less the difference between the highest total outstanding balance during the past year and the ‘old balance,’ must be reported to the IRS as a distribution from a qualified plan to the extent that the loan exceeds this amount.
If the Individual Loan that the Lender decided not to make pursuant to Section 7.1 was to be a Refinancing Loan, the Borrower shall pay in accordance with the provision of Section 14 the amount equivalent to the principal of the applicable Refinanced Loan owed to the Lender.