Retail Loan definition

Retail Loan means a loan arising from a retail sale of consumer goods in a purchase transaction by a retail merchant.

Retail Loan means any loan (or participation interest therein) or similar contract between Bank Partner and an Obligor pursuant to which Bank Partner makes a consumer loan to such Obligor for the retail purchase of Merchandise to an Obligor pursuant to the applicable Retail Loan Agreements, including all rights under any and all security documents or supporting obligations related thereto, including the applicable Retail Loan Agreement and the rights with respect to the Merchandise related thereto.

Retail Loan or “Loan” means an eligible Retail Loan, which is in force and not in arrears at the time of enrolment, with an amortisation period no greater than 84 months.

Examples of Retail Loan in a sentence

• Executive committeesThey are composed by the following committees: The Assets and Liabilities committee (ALCO), Retail Loan Policy committee and the Operational Risk committee.

• Retail Loan Portfolio SegmentThe retail loan portfolio segment consists of one class of finance receivables.

• Retail Loan Model This model allows consumers to apply for a loan in order to purchase retail products.

• The composition of the Cover Pool will vary from time to time and may or may not contain Retail Loan Receivables, Non-Retail Loan Receivables and/or Eligible Investments.

• The successful Offeror shall be required to pay minimum 25% of the purchase consideration immediately or latest by next working day by handing over the Demand Draft/Pay Order/ NEFT/ RTGS in favour of “Arcil Retail Loan Portfolio 042-E-Trust“ payable at Chennai and the balance 75% of the purchase consideration within 15 (fifteen) days therefrom or such period as may be agreed upon with Arcil.

• All the Offers submitted must be accompanied by the Earnest Money Deposit as stated above by way of pay-order/demand draft drawn on a Scheduled Bank in favour of “Arcil Retail Loan Portfolio-042-E-Trust” payable at Ahmedabad.

• Business Agent Felix Martinez commented “What reallyLocal 70’s Harry Polland scholarship winner Jesus De La Paz with proud parents Alex and Adriana.stood out to me was Jesus’ awareness of the impor- tance of a Teamster job.

• The Borrowers will engage in substantially the same field of business as they are engaged in on the date hereof, and except as permitted in Section 10.5(k), will refrain from engaging in, establishing or becoming in any way involved as a lender in the business of automobile financing, sub-prime automobile financing or any other credit transactions related to automobiles other than Retail Loan Guarantees.

• The ICP or Project Manager/delegate completes a Safety Improvement and Management System (SIMS) Report for any construction-related breaches.

• For the purpose of this Programme Retail Loan Receivable means all Loan Receivables purchased by the Purchaser from the respective Seller under the DBAG Master Loan Receivable Purchase Agreement and the BHW Master Loan Receivables Agreement and Legacy DBPFK Loan Receivables purchased under the DBPFK Master Loan Receivables Purchase Agreement.

More Definitions of Retail Loan

Retail Loan means a loan provided by a bank to a natural person regardless of whether it is secured or designated for a specific purpose; it does not include credit card facilities, current account overdrafts, or business loans for individuals. The term 'loan' in this Recommendation is to be understood to mean 'retail loan' unless otherwise stated;

Retail Loan means a loan repaid on the basis of fixed monthly instalments of equal amounts throughout the term of the loan, up to and including maturity.