Loan Terms. The Loan will be evidenced by the Note and will bear interest and be paid in accordance with the payment terms set forth in the Note.
Loan Terms. 2.1 The term for such Loan will be ten (10) years, calculated from the date when the Borrower actually draws the Loan. The term under this Agreement shall be automatically extended for another ten years unless written notice to the contrary is given by the Lender three months prior to the expiration of this Agreement.
Loan Terms. The Lender agrees to lend the Borrower under the following terms: Principal Amount: $[AMOUNT BORROWED] Interest Rate: [INTEREST RATE]% compounded per: (check one) ☐ - Month ☐ - Annum ☐ - Other: [OTHER] Borrower to Receive the Borrowed Money on: [DATE] Hereinafter known as the “Borrowed Money.”
Loan Terms. The Lender agrees to lend the Borrower under the following terms:
Loan Terms. Subject to Section 1.1 above, the Principal Amount shall be transferred to the Company (or to any service provider of the Company on behalf of the Company, as instructed by the Company) by the Lender, in US Dollars or NIS, at the discretion of the Lender, at the exchange rate in effect on the date of the transfer of funds, by means of wire transfer in accordance with the wire instructions to be provided to the Lender by the Company. The Principal Amount shall be used for funding the Company’s operations.
Loan Terms. Section 2.1 The Loan.........................................................14 Section 2.2 Interest Rate....................................................15 Section 2.3
Loan Terms. You may have only one loan outstanding at any time. The minimum loan amount is $1,000 and the maximum loan amount is the lesser of: • 50% of the Contract Value; or • $50,000 less the highest outstanding Contract Debt during the 12-month period immediately preceding the effective date of the loan. You should refer to the terms of your particular Qualified Plan for any additional loan restrictions. If you have other loans outstanding pursuant to other Qualified Plans, the amount you may borrow may be further restricted. We are not responsible for making any determinations (including loan amounts permitted) or any interpretations with respect to your Qualified Plan. Loan Interest Rate – You will be charged interest on the Contract Debt at an annual rate equal to 5%. Interest charged will accrue daily beginning on the day the loan is effective.
Loan Terms. Subject to the terms and conditions of this Loan Agreement and the other Loan Documents, the Lender agrees to make the Loan to the Borrower in the principal sum of the Loan Amount, such borrowing to be evidenced by the Note and the other Loan Documents.
Loan Terms. 1. Lender shall lend Sixteen Thousand U.S. Dollars ($16,000.00) to the Borrower to be used solely to promote rural economic development as more particularly described in the Application Materials. The term of the Loan will be 7 years, with monthly payments of $204.28 commencing August 1, 2023, and continuing on the first day of each month thereafter until paid in full (the “Loan”).
Loan Terms. Section 2.1 The Commitments, Loans and Notes.
