Subloan definition

Subloan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Qualified Enterprise for a Qualified Project; and

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 a PFI out of the proceeds of a Subsidiary Loan to an Investment Enterprise for an Investment Subproject;

Examples of Subloan in a sentence

• In addition to the charges referred to in paragraph 3 above, the Borrower shall require PCBs to charge on each Sub-loan a fee representing 3/4% of the principal amount of the Sub-loan, to be collected at the time of signing the contract therefor.

• For the purposes of this Agreement, a free-limit Subloan shall be a Subloan in an amount to be financed out of the proceeds of the Loan which shall not exceed the sum of $5,000,000 equivalent, except for the first two Subloans for Investment projects under Part B of the Project (other than those carried out by ESCOs) and the first Subloan for an Investment Project to be carried out by an ESCO irrespective of value.

• Except as the Bank may otherwise agree, the terms and conditions of each Subloan shall be as set out in the Policy Statement.

• Unless the Association otherwise agrees, Subloan shall not exceed the equivalent of $250,000.

• The amount of the Loan may be withdrawn from the Loan Account in accordance with the provisions of Schedule 1 to this Agreement for amounts paid (or, if the Bank shall so agree, to be paid) by the Borrower on account of withdrawals made by an Investment Enterprise under a Subloan to meet the reasonable cost of goods, works and services required for the Investment Project in respect of which the withdrawal from the Loan Account is requested.

More Definitions of Subloan

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

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 MDF out of the proceeds of the Loan to an MG for a subproject;

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;

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 loan made or proposed to be made, with the proceeds of an Intermediary Loan, by a Financial Intermediary to a Subborrower for purposes of Part A of the Project;

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