Subloan definition

Subloan means a loan made or proposed to be made partially out of the proceeds of the Loan by a Participating Bank to a Beneficiary (as such term is hereinafter defined) under Parts D and I of the Project for the financing of the investments and associated working capital under Subprojects (as such term is hereinafter defined);

Subloan means a loan made or proposed to be made by a Financial Institution out of the proceeds of the Credit to an Investment Enterprise for an Investment Project;

Subloan means a loan made, or proposed to be made, by a PFI out of proceeds of the Loans to a Qualified Enterprise for a Qualified Subproject;

Examples of Subloan in a sentence

• The PFI is obliged to monitor closely, the progress of the Sub-loan through site visits and management interviews.

• The application shall contain, among others, the information required for the credit appraisal and for examining the compliance of the Sub-loan with the eligibility criteria of the Project.

• Upon approving the Application for the Sub-loan, the PFI proceeds to the next step of negotiating the loan contract to be mutually signed between the PFI and the End-borrower.

• Upon obtaining the consent of the End-borrower, the PFI proceeds to amend the terms and conditions of the Sub-loan accordingly.

• Each Subloan agreement shall appropriately reflect the obligations of the Borrower and the Qualified Enterprise assumed under this Loan Agreement in respect of the Qualified Project.

More Definitions of Subloan

Subloan means a loan made or proposed to be made under Part C. 2 of this Project by a PFI to a Final Beneficiary out of the equivalent of the proceeds of the Credit relent to PFI under the Participation Agreement;

Subloan in this checklist means the investment of the sub-borrower for which the loan is provided.

Subloan means any loan, credit or deposit made or proposed to be made by a Participating Financial Institution to or for an Exporting Enterprise for an Export Project, including Working Capital required therefor, which includes the proceeds of the Credit relent to the Participating Financial Institution under any Participation Agreement; and “Subloans” means all said loans or credits, collectively;

Subloan means a loan made or proposed to be made by the PFI out of the proceeds of the Loan to a Qualified Enterprise for a Qualified Subproject;

Subloan means a loan made, or proposed to be made, by GPG through GFTC out of the proceeds of the Loan to a subborrower for a subproject;

Subloan means a Subloan made or proposed to be made by TNUDF out of the proceeds of the Loan to a Subborrower for financing a Subproject under Part B.1 (a) of the Project;

Subloan means a loan made, or proposed to be made, by a PCB out of the proceeds of the Loan together with its own funds, in Sum equivalent, to a Qualified Subborrower for a Qualified Subproject;