Sanction Letter means the letter issued by the Lender sanctioning the Loan with the relevant particulars as mentioned in the letter.
Sanction Letter means the letter issued by the Lender sanctioning the Loan along with the relevant particulars, terms & conditions mentioned in the same.
Sanction Letter means the letter bearing number dated and addressed by the Bank to the Borrower and conveying the in principle sanction of the Bank of the Financial Facility to the Borrower.
Examples of Sanction Letter in a sentence
The Borrower agree that in case of any inconsistency or conflict between the Terms contained herein, the Sanction Letter issued by the Lender for the Facility, and the Facility Agreement, the Facility Agreement shall prevail.
The Borrower shall be entitled to foreclose the Facility in full or part, as per the terms as mentioned and set out in Sanction Letter: (i) only if Lender permits the same upon at least 15 days’ written notice from Borrower communicating intention to foreclose; and (ii) subject to such conditions as the Lender may prescribe as mentioned in the Sanction Letter or as specified from time to time by the Lender.
More Definitions of Sanction Letter
Sanction Letter means the letter issued by the Bank sanctioning the Facility, together with the relevant particulars, terms and conditions mentioned in the same, and includes the subsequent sanction letter(s) issued by Bank regarding the Facility from time to time or any other communication sent by the Bank and any and all amendments, modifications, variations, supplemental, extensions and/or replacements to any or all of the above, from time to time.
Sanction Letter means the letter issued by the Lender to the Borrower, sanctioning the Loan and/or letter(s) as may be issued by the Lender from time to time to the Borrower for any other purposes in accordance with this Agreement including for any switch or conversion, as the case may be, relating to the Interest Rate or from/to Flexi Account facility.
Sanction Letter means the letter containing the agreement between the Bank and the Customer/Client for the purpose of obtaining a financing facility and incorporates the terms and conditions for the provision of the said facility.
Sanction Letter means the letter as of the date specified in Schedule 4 hereof in connection with sanction of the Facility, and as amended from time to time.
Sanction Letter means the letter issued by the Bank sanctioning the Overdraft Facility (if any) with the relevant particulars as mentioned in the letter including any such letter issued subsequently with any modification.
Sanction Letter means the letter issued/ to be issued by the Bank for a particular transaction and duly accepted and acknowledged by the Borrower and/or Obligor/s, as may be required by the Bank and any further amendments, renewals, modifications carried out from time to time by the Bank.