Further Loan definition

Further Loan means any further money which we lend you under the mortgage; “guarantor” is any person who has agreed to guarantee your obligations under the
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Further Loan means a Loan Disbursed by the Lender pursuant to a Further Loan Application Form and in accordance with clause 5.2.
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Further Loan means an increased Loan which does not require the registration of an additional Bond;
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Examples of Further Loan in a sentence

  • Further, Loan Parties shall fully cooperate with any consultant or other advisor retained by Lenders and shall provide any such consultant or advisor with access to Loan Parties' financial and other information and to Loan Parties' management as may be requested from time to time.

  • The indebtedness of Borrower by virtue of the making of any Further Loan shall not exceed the Borrowing Base.

  • Borrower shall not request any Further Loan if the effect of such Further Loan shall be to cause the principal balance of all outstanding Revolving Loans to exceed the Borrowing Base.

  • The period for which the Further Loan is outstanding shall be divided into successive semi-annual periods, ending on and excluding 16 June and 16 December, each of which, other than the first (which shall commence on, and shall include, 14 July 2004) shall start on, and shall include, the last day of the preceding such period (each, an “Interest Period”).

  • The amount of interest payable for any Interest Period shall be calculated by applying the rate of 10% per annum (the “Interest Rate”) to the amount of the Further Loan, dividing the product by two, and rounding the resulting figure to the nearest cent, half a cent being rounded upwards.

  • Each of the representations and warranties in Clause 11 (Representations and Warranties of the Borrower) shall be deemed to be repeated by the Borrower on the date of the making of the Further Loan.

  • The Borrower shall not repay the whole or any part of the amount of the Further Loan except at the times and in the manner expressly provided for in this Agreement.

  • The Issuer hereby agrees that the amount of interest payable on the Further Notes on the First Interest Payment Date will be the sum of the interest received (if any) on the Further Loan for the period from the Further Closing Date to the First Interest Payment Date plus an amount equal to interest at 9.750 per cent.

  • Each period beginning on (and including) the Borrowing Date (in the case of the Original Loan), the Further Borrowing Date (in the case of the Further Loan) or any Interest Payment Date and ending on (and excluding) the next Interest Payment Date or the Repayment Date is herein called an “Interest Period”.

  • If the Further Loan should become repayable (and be repaid), otherwise than as provided in sub-Clause (a) above, pursuant to the Further Loan Agreement prior to 16 February 2010, all Further Notes then remaining outstanding shall thereupon become due and redeemable or repayable in accordance with the Further Conditions.


More Definitions of Further Loan

Further Loan means any further money which we lend you under the mortgage; “guarantor” is any person who has agreed to guarantee your obligations under themortgage, and includes the guarantor’s personal representatives;
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Further Loan means any further money which we lend you under the mortgage. “insurance policy” means an insurance policy or contract required under condition 16.2. “individual” means natural person.
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Further Loan means any additional Loan made available to the Borrower by the IBLA Creditor under this Agreement after the utilisation of the Initial Loan;
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Further Loan means the $200,000,000 term loan granted to the Borrower by the Lender pursuant to this Agreement.
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Further Loan has the meaning set forth in Section 6.12.
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Related to Further Loan

  • Further Advance means, in relation to a Loan, any advance of further money to the relevant Borrower following the making of the Initial Advance, which is secured by the same Mortgage as the Initial Advance, excluding the amount of any retention in respect of the Initial Advance;

  • Other Loans means one or more Classes of Loans that result from a Refinancing Amendment or a Loan Modification Agreement.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

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

  • SOFR Loan means a Loan that bears interest at a rate based on Term SOFR, other than pursuant to clause (c) of the definition of “Alternate Base Rate”.

  • 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.

  • 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.

  • Refinancing Loan shall have the meaning provided in Section 2.14(h)(i).

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Existing Loan means the loan identified on Exhibit H.

  • U.S. Revolving Loan means Loans made by a Lender in respect of its U.S. Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(a) and/or Section 2.24.

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to the Borrower Loan Agreement in the aggregate principal amount of the Borrower Loan Amount, as evidenced by the Borrower Notes.

  • Bridging Loan means a credit facility granted for the purchase of Residential Property by the Borrower, pending the receipt of proceeds from the sale of another Residential Property owned or co-owned by the Borrower, under which any balance outstanding shall be repaid within six months;

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Term Loan as defined in Section 2.1.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Delayed Draw Term Loan Commitment means the commitment of a Lender to make or otherwise fund a Delayed Draw Term Loan and “Delayed Draw Term Loan Commitments” means such commitments of all Lenders in the aggregate. The amount of each Lender’s Delayed Draw Term Loan Commitment, if any, is set forth on Schedule 2.01 or in the applicable Assignment and Assumption, subject to any adjustment or reduction pursuant to the terms and conditions hereof. The aggregate amount of the Delayed Draw Term Loan Commitments as of the Closing Date is $165,000,000.

  • Loan repayment means the cancellation and repayment of loans

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Subsidiary Loan means any loan made pursuant to a Subsidiary Loan Agreement;