Execution of the loan definition

Execution of the loan means the time at which the borrower and the qualified lender have entered into a legal, binding, and enforceable loan contract and any subsequent amend- ment or modification of such contract.
Execution of the loan means the time at which the borrower and the System bank or association have entered into a legal, binding, and enforceable loan contract and any subsequent amendment or modification of such contract.

Examples of Execution of the loan in a sentence

  • Formalizing or Execution of the loan documents:-once the loan approved, the terms and conditions to which the borrower and lender agree should be incorporated in a written agreement.

  • Execution of the loan agreement or financing agreement described below by an Authorized Signatory (as defined below) shall be conclusive evidence of such approval.

  • Execution of the loan or financing agreement described below by an Authorized Signatory (as defined below) shall be conclusive evidence of such approval.

  • Execution of the loan agreements described below by an Authorized Signatory (as defined below) shall be conclusive evidence of such approval.

  • Execution of the loan agreements On August 10, 2016, JHR concluded the loan agreements as described below to partly fund the acquisition of the real estate beneficial interest in trust and movable assets attached to the hotel as stated in “1.

  • Execution of the loan documents with regards to commercial funding.

  • Senator Ben Cardin letter submitted for the record in the Congressional Record-Senate (December 21, 2009), S13646.

  • Execution of the loan agreement or loan guarantee agreement represents obligation by the Secretary.

  • Execution of the loan agreement and other related formalities regarding sanctioning of the loan should be done only in the premises of the Office and in the presence of the officer in charge.

  • Execution of the loan with the CVU was better, since at project-end 93% of the road network administered by the CVU was maintained under service-level contracts (with a target of 90%), and 90% saw improvements in level of service.

Related to Execution of the loan

  • Loan means an extension of credit by a Lender to the Borrower under Article II in the form of a Revolving Credit Loan or a Swing Line Loan.

  • Request for Credit Extension means (a) with respect to a Borrowing, conversion or continuation of Committed Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Original Loan Documents means the "Loan Documents" as defined in the Original Credit Agreement.

  • Financing of Terrorism means the provision or collection of funds, by any means, directly or indirectly, with the intention that they should be used or in the knowledge that they are to be used, in full or in part, in order to carry out any of the offences within the meaning of Articles 1 to 4 of the EU Council Framework Decision 2002/475/JHA of 13 June 2002 on combating terrorism.

  • Request for Extension of Credit means, unless otherwise specified herein, with respect to a Borrowing, Conversion or Continuation of Loans, a written request substantially in the form of Exhibit B or such other form as may be approved by the Administrative Agent and the Borrower (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer of the Borrower.

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

  • 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);

  • Extension of Credit means, as to any Lender, the making of a Loan by such Lender (or a participation therein by a Lender) or the issuance of, or participation in, a Letter of Credit by such Lender.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Agreement, dated as of the Closing Date, by and among Revolving Agent, the Credit Parties party thereto, the lenders from time to time party thereto, as amended, restated, supplemented and/or modified to the extent permitted by the terms of the Intercreditor Agreement. ​

  • Original Loan Agreement has the meaning set forth in the Recitals to this Agreement.

  • Aquaculture facility means the same as that term is defined in Section 4-37-103.

  • Funding Loan Agreement means the Funding Loan Agreement, of even date herewith, among the Governmental Lender, the Fiscal Agent and the Funding Lender, as it may from time to time be supplemented, modified or amended by one or more amendments or other instruments supplemental thereto entered into pursuant to the applicable provisions thereof.

  • Term Loan Agreement has the meaning assigned to such term in the recitals of this Agreement.

  • Term Loan as defined in Section 2.1.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • Master Letter of Credit Agreement means, at any time, with respect to the issuance of Letters of Credit, a master letter of credit agreement or reimbursement agreement in the form, if any, being used by the Issuing Lender at such time.

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Loan Agreement shall have the meaning assigned to such term in the recitals.

  • Financing Agreement means any lease purchase agreement, installment sale agreement, loan agreement, line of credit or other agreement of the department or, with the approval of the director, and any agency, to finance the improvement, use or acquisition of real or personal property that is or will be owned or operated by one or more agencies of the State, the department or any agency, or to refinance previously executed financing agreements including certificates of participation relating thereto. The School shall not act as a guarantor of any such financing agreement.

  • Agency loan agreement means any agreement pursuant to

  • Permitted Remedies means, with respect to any securities, one or more of the following remedies:

  • Sub-acute facility means a facility that provides intermediate care on short-term or long-term basis.

  • Amendment No. 7 means the Seventh Amendment to Amended and Restated Credit Agreement, dated as of March 28, 2019, among Borrower, each of the Lenders party thereto and the Administrative Agent.

  • Total Extensions of Credit at any time, the aggregate amount of the Extensions of Credit of the Lenders outstanding at such time.