Term of the Loan definition

Term of the Loan means the period from the Issue Date until the time when all amounts due under the Notes, including Coupon and costs, are fully repaid or no longer due.
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Term of the Loan means the period commencing on the settlement date and ending on the due date for the last repayment that is set out in the schedule;
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Term of the Loan means the time period between the date that the Loan is provided to the Borrower the Maturity Date.
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Examples of Term of the Loan in a sentence

  • By mutual consent of the Parties, the Term of the Loan may be extended for one (1) year.

  • If you have complied with all of your obligations under the Mortgage, and provided that we do not exercise our sole and unfettered discretion to refuse to permit you to renew or extend as hereinafter specified, then you may renew or extend the Term of the Loan and the Mortgage before the Balance Due Date.

  • The Loan Schedule shall set forth the amount of the Loan, the Term of the Loan, the number of payments to be made and the amount and dates upon which such payments are due.

  • The Bank is entitled to amend the Interest Rate in every Interest Period, but only five times during the Term of the Loan.

  • Options and Obligations to PrepayThe Corporation has the option to terminate the Term of the Loan Agreement at any time prior to full payment of the Bonds (or provision for payment thereof having been made in accordance with the provisions of the Indenture).

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  • III.8.5. In case of Mortgage Loan Agreements , if the Debtor is at least 90 days late with the performance of its obligations on basis of its agreement, the Debtor may once in the course of the Term of the Loan Agreement initiate in writing the extension of the Term of the Loan Agreement by maximally five years, which request may not be refused by the Bank, except in case of a profound reason.

  • When we determine the Interest Rate Differential Amount, we use a formula that credits you for the fact that we will receive the Interest Rate Differential Amount immediately instead of receiving payments over the remaining Term of the Loan.

  • The Term of the Loan shall continue until the Maturity Date, unless sooner terminated as provided in the Note or this Loan Agreement or any other Loan Document.

  • If any money is owed, restitution must be made before said boy or girl or siblings would be allowed to participate in any future PVYA programs.


More Definitions of Term of the Loan

Term of the Loan means the period commencing on the date hereof and terminating on the earlier to occur of: (i) the Maturity Date; and (ii) the repayment of the outstanding principal amount of the Vendor Loan, together with all accrued but unpaid interest thereon in accordance with Clause 4(b), Clause 4(c) or Clause 8.5(a); and
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Term of the Loan. A term, as set forth in the Repayment Schedule, that begins on the Loan Grant Date and that ends on the agreed final repayment date on account of the Loan Amounts.
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Term of the Loan means the period commencing immediately on the Drawdown Date and expiring at the earlier of (i) the closing date of GigaMedia Subscription Agreement; or (ii) the end of the License Term.
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Term of the Loan is the period between the Subscription Close Date and the Maturity Date.
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Term of the Loan shall have the following meaning: twelve (12) months on Loans for the construction of Build to Suit Houses; twelve (12) months an Loans for the construction of speculative Houses; and eighteen (18) months on Loans for the construction of Model houses.
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Term of the Loan means a period including the total loan period and the single loan instalment period. The total loan period means a period from the date of the first provision of the loan to the date of repayment of all the principal and interest of the loan by the Borrower in accordance with the terms of this Contract. The single loan installment period means a period from the date of provision of the single loan installment among a number of utilizations to the date of repayment of all the principal and interest of this particular loan installment by the Borrower as agreed.
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Related to Term of the Loan

  • Extension Term means the time period defined in §2.C.

  • Loan Term means the term of this Loan Agreement provided in Sections 3.01 and 3.03 hereof and in Exhibit A-2 attached hereto and made a part hereof.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Extended Loan shall have the meaning assigned to such term in Section 2.26(a).

  • Second Draw Period is the period commencing on the date of the occurrence of the Term B Draw Event and ending on the earlier of (i) December 31, 2015 and (ii) the occurrence of an Event of Default; provided, however, that the Second Draw Period shall not commence if on the date of the occurrence of the Term B Draw Event an Event of Default has occurred and is continuing.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Loan Period means with respect to any LIBOR Rate Loan, the period commencing on such LIBOR Rate Loan’s Funding Date, the date of the Conversion of any Base Rate Loan into such LIBOR Rate Loan or the date of the Continuation of such LIBOR Rate Loan for a new Loan Period and ending one week or one, two, three or six months thereafter as selected by the Borrower pursuant to Section 2.2(a); provided, however, that:

  • Term Advance has the meaning specified in Section 2.01(a).

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Equipment Advance is defined in Section 2.1.1.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Non-Extension Advance means an Advance made pursuant to Section 2.02(b).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.

  • Second Extension Period means the period commencing on the day following the First Extended Scheduled Maturity Date and ending on the Second Extended Scheduled Maturity Date.

  • Revolving Loan Termination Date means the earlier of (a) the fifth anniversary of the Funding Date and (b) the date of termination in whole of the Aggregate Revolving Loan Commitment pursuant to Section 2.05(a) or Section 9.01 hereof.

  • Base Term Commencing (i) with respect to the Original Premises on the Commencement Date, and (ii) with respect to the Expansion Premises on the Expansion Premises Commencement Date, and ending with respect to the entire Premises on September 15, 2016 (“Expiration Date”).”

  • Term Loan as defined in Section 2.1.

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Extension Period has the meaning specified in Section 3.12.

  • Draw Period is the period of time from the Effective Date through the earlier to occur of (a) March 31, 2012 or (b) an Event of Default.”

  • First Extension Period means a period of twelve (12) consecutive months following the Initial Maturity Date.

  • Period of Extended Hire means any additional period that the Hirer wishes the Agency Worker to be supplied for beyond the duration of the original Assignment or series of assignments as an alternative to paying a Transfer Fee;

  • Initial Revolving Loan means a Revolving Facility Loan made (i) pursuant to the Revolving Facility Commitments in effect on the Closing Date (as the same may be amended from time to time in accordance with this Agreement) or (ii) pursuant to any Incremental Revolving Facility Commitment on the same terms as the Revolving Facility Loans referred to in clause (i) of this definition.