Previous Loan definition

Previous Loan means the outstanding Home Loan to be refinanced through the proceeds of the new Home Loan made to the same borrower. A loan is a Previous Loan even though there is not complete identity between the obligors on the Previous Loan and the new Home Loan, so long as at least one borrower is obligated on both the Previous Loan and the new Home Loan. See Section 4(S)(vii) of this Regulation.
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Previous Loan has the meaning set forth in the Recitals hereto.
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Previous Loan the mortgage loan with the principal sum of HK$30,000,000 granted by ETC Finance to the Customer pursuant to the Previous Loan Agreement
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Examples of Previous Loan in a sentence

  • Previous Loan Agreements have been authorized by the Board via resolution prior to signing.

  • Subject to the Previous Xxxxxx’s overriding right of repayment on events of default, the Borrower shall repay the Previous Loan in full in one lump sum together with all interest accrued thereon and all other monies payable under the Previous Agreement on the repayment date.

  • Pursuant to the Rules 14A.81 and 14A.82 of the Listing Rules, the Loan Agreement and the Previous Loan Agreement shall be aggregated as if they were one transaction because they were entered into within a 12-month period by the Company with parties who are connected with one another.

  • PREVIOUS LOAN On 30 October 2020, the Previous Lender and the Borrower entered into a loan agreement pursuant to which the Previous Lender granted to the Borrower the Previous Loan in the principal amount of RMB29,000,000 in accordance with the terms thereunder.

  • Pursuant to the First Shareholders’ Loan Agreement, the Lenders granted the Previous Loan in a principal amount of HK$30 million to the Borrower for a term of 60 months commencing from the date of each drawdown of the Previous Loan.

  • Within the period of 12 months immediately preceding and up to the date of the Loan Agreements, the Lender had entered into Previous Loan Agreements with the Borrowers in relation to the provision of the loan facilities of up to an aggregate amount of HK$45,200,000 with details as set out in the announcement of the Company dated 15 November 2021.

  • The Company has on 12 December 2018 received a sum of S$2,700,000 (“Deposit”) deposited by the Lender under the Previous Loan Agreement and the Company and the Lender have agreed to treat the Deposit as the Loan.

  • Reference is made to the announcements of the Company dated 15 November 2021, 26 November 2021 and 17 December 2021 in relation to provision of the loan facilities of up to an aggregate amount of HK$65,400,000 granted by the Lender (an indirect wholly-owned subsidiary of the Company) to the Borrowers under the Previous Loan Agreements.

  • The Lender as lender entered into the Previous Loan Agreements with the Borrower and the Borrower’s Subsidiary, pursuant to which, the Lender agreed to, among other things, make available to the Borrower a loan facility, which is secured by debentures over the undertaking, property and assets of the Borrower and the Borrower’s Subsidiary, with interest rate of HIBOR plus 4% per annum.

  • LISTING RULES IMPLICATIONS As an applicable percentage ratio under Rule 14.07 of the Listing Rules in respect of the New Loan and the Previous Loan granted to the Borrower in aggregate exceeds 5% but is less than 25%, the grant of the New Loan and the Previous Loan in aggregate constitutes a discloseable transaction for the Company and is subject to notification and announcement requirements under Chapter 14 of the Listing Rules.


More Definitions of Previous Loan

Previous Loan means the Individual Loan already drawn down for which payment is due on the Preferred Drawdown Date of a New Refinancing Loan with which it is refinanced.
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Previous Loan means a loan that you have already received under the Small Business Cashflow (Loan) Scheme, whether that loan has been repaid in full or remains outstanding (whether in full or in part).
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Previous Loan means the amount available to TCZB for the provision of agricultural credit in the Project area from the proceeds of the loan provided by the Bank under the Loan Agreement between Republic of Turkey and the Bank for the Erzurum Rural Development Project, dated March 5, 1982.
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Previous Loan the second legal charge mortgage loan in the amount of HK$21,000,000 granted to the Borrowers under the Previous Loan Agreement “Previous Loan Agreement” the loan agreement made between QLCG and the Borrowers for the Previous Loan on 15 April 2019 “Share(s)” share(s) in the share capital of the Company “Shareholder(s)” holder(s) of the Share(s)
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Previous Loan the loan provided by the Group to Mr. Pan Kaitai amounting to approximately US$72,000 pursuant to the loan agreement entered into in 2023 for the purpose of subscription of interests in the Share Incentive Platforms pursuant to the Subsidiary Share Incentive Scheme “RMB” Renminbi, the lawful currency of the PRC “Share(s)” ordinary shares of US$0.01 each in the share capital of the Company “Shareholder(s)” holder(s) of the Share(s) of the Company “Share Incentive Platform(s)” three limited partnerships established and registered in the PRC, the general partner of all three partnerships is Xxxxxxx Xxxxxxxx: (i) Tianjin Chengrui Optical Investment Partnership (Limited Partnership)* (天津誠瑞光投資合夥企業(有限合夥)), formerly named as Tianjin Chengrui Optical Technology Partnership (Limited Partnership)* (天津誠瑞光科技合夥企業(有限合夥)), (ii) Tianjin Ruitai Optoelectronics Investment Partnership (Limited Partnership)* (天津瑞泰光電投資合夥企業(有限合夥)) and, formerly named as Tianjin Ruitai Optoelectronics Technology Partnership (Limited Partnership)* (天津瑞泰光電科技合夥企業(有限合夥)), and (iii) Tianjin Ruicheng Optical Investment Partnership (Limited Partnership)* (天津瑞成光投資合夥企業(有限合夥)), formerly named as Tianjin Ruicheng Optical Technology Partnership (Limited Partnership)* (天津瑞成光科技合夥企業(有限合夥))
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Previous Loan a term loan in the principal amount of HK$10,000,000 for a term of three months from 17 June 2019, which matured on 16 September 2019 pursuant to the Previous Loan Agreement
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Related to Previous Loan

  • PLUS Loan means a Loan that was made pursuant to the PLUS Program established under Section 428B of the Higher Education Act (or predecessor provisions).

  • U.S. Loan means an extension of credit by a Lender to the U.S. Borrower under Article 2 in the form of a U.S. Committed Loan, a U.S. Bid Loan or a U.S. Swing Line Loan.

  • Existing Loan means the loan identified on Exhibit H.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • SLS Loan means a Loan which was made pursuant to the Supplemental Loans for Students Program established under Section 428A of the Higher Education Act (or predecessor provisions), including Loans referred to as ALAS Loans or Student PLUS Loans.

  • 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.

  • Term SOFR Rate Loan means a Loan made hereunder with respect to which the interest rate is calculated by reference to Term SOFR (other than a Loan for which clause (c) of the definition of Base Rate is used to determine Base Rate).

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

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

  • MERS Loan Any Mortgage Loan registered on the MERS® System for which MERS appears as the mortgagee of record on the related Mortgage or on an assignment thereof.

  • 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. ​

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • LIBOR Rate Loan means a Loan that bears interest based on LIBOR.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

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

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.

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

  • 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.

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

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

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).