Second Loan definition

Second Loan shall have the meaning given these capitalized terms in the Loan Agreement.
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Second Loan means the amount of R40 000 000 (forty million Rand) which the Borrower agreed to borrow from the Lender and which the Lender agreed to lend to the Borrower and which entire amount has been drawn down by the Borrower and is still outstanding;
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Second Loan shall have the meaning set forth in Section 2.1 hereof.
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Examples of Second Loan in a sentence

  • Juveniles emigrate from fresh to brackish water in waves during late summer to fall (Able and Fahay, 1998).

  • Commencing on the first full calendar month during the Forgiveness Period and continuing on each full calendar month thereafter until the Second Loan Maturity Date, the Second Note will be reduced each month based on the Forgiveness Calculation set forth on the first page.

  • On July 3, 2014, the Company entered into a Second Loan Amendment with Citibank which provided for the existing loan granted to the Company by Citibank to be increased by CAD$30 million to CAD$68.8 million.

  • All payments, if any, shall be made by Borrower payable to the Lender and mailed or delivered to the Second Loan Servicer on behalf of the Lender or at such other place or places as the Lender may designate in writing from time to time.

  • This Second Note is originated on this date by the Lender under the Home In Five Advantage Down Payment Assistance Program (the “Program”) to provide a second mortgage loan (the “Second Loan”) to finance all or a portion of the down payment and closing costs associated with the first mortgage loan (the “First Loan”) towards the purchase of the residence located at the PropertyAddress and more fully described in the Second Deed of Trust securing the Second Loan (the “Property”).


More Definitions of Second Loan

Second Loan means the loan of $2,250,000.00 from the Bank to the Borrower.
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Second Loan means the unsecured shareholder loan in the principal sum of $1,200,000 the subject of the Second Loan Agreement;
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Second Loan has the meaning ascribed to it in Recital (I);
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Second Loan means $450,000.
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Second Loan shall have the meaning set forth in Section 1.4 of Article 1.
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Second Loan means the loan made to PAG by the Second Secured Lenders under the Second Secured Facility Agreement (subject to amendment of the terms applicable to that loan pursuant to Clause 10 (AMENDMENT DATE)).
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Second Loan the mortgage loan in the principal amount of HK$5,600,000 granted by Legend Credit to Borrowers B pursuant to the Mortgage Loan Agreement B “Second Mortgage” the mortgage to be created by Xxxxxxxxx X in favour of Legend Credit over the property to secure the obligations of Borrowers B under the Mortgage Loan Agreement B
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