Term of Loan definition

Term of Loan means the period of time from the date of the loan through the scheduled date of the final payment.
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Term of Loan means the period elapsing between the date on which the loan is completely made, taken or raised and the date on which it is completely repaid with interest.
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Term of Loan means the period from the date of the loan issuance to the date when the agreed Borrower pays off the principal and interest of the loan.
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Examples of Term of Loan in a sentence

  • Term of Loan The Proximity Housing Promissory Note shall have a term of fifty-five (55) years from the date of the signed promissory note, unless earlier terminated under the terms of the Proximity Housing Note.

  • Term of Loan Agreement The term of the Loan Agreement will continue until such time as all of the outstanding Bonds are fully paid (or provision has been made for such payment) pursuant to the Indenture and all other money payable by the Company under the Loan Agreement shall have been paid.

  • Repayment of the Facility is to be made by the Borrower on or before the Due Date at the end of Term of Loan.

  • Creditor—Business: Term of Loan at Least 5 Years PURPOSE/FORMULADATA REQUIRED75% of current loan balance.

  • Ford Federal Direct Loan, Federal Perkins Loan, Federal Consolidated Loan, Federal Direct Consolidation Loan, or Other), Principal Balance, Remaining Term of Loan, Monthly Payment, and/or Payment Due Date.

  • Georgia State’s right to return the Artwork shall accrue absolutely at the expiration of the Term of Loan.

  • Laid off employees will be placed on a call backlist for one year from the date of lay-off.

  • Except during the continuance of an Event of Default, the Borrower shall have the right during the Term of Loan Agreement to direct the Trustee to invest or reinvest all money held for the credit of funds established by Article 5 of the Indenture in such securities as are authorized by law for such funds, subject, however, to the further conditions of Article 6 of the Indenture and Section 7.7 hereof.

  • The Principal Amount will be advanced on: Fourth (4th) business day from the Date of Agreement (the "Date of Advance") Term of Loan: Amortization Period of Loan*: *Subject to rounding up to the next month.

  • Unless Student Lender expressly elects to maintain his/her own insurance, Georgia State will insure the Art Work for the Term of Loan for 100% of the Fair Market Value (FMV) listed by the Student Lender.


More Definitions of Term of Loan

Term of Loan. Due in full on April 8, 1996. At Edge Joint Venture II's option, it may extend the due date to coincide with the end of the "Windup Period" of the Edge Joint Venture II, not to exceed two years from April 8, 1996. The loan can be prepaid, but Xxxxx X. Xxxxxxx will be entitled to receive the RWI and ORRI set forth herein on any prospects which are leased or commenced to be leased during the term of the Edge Joint Venture II and including the "Windup Period", but with regard to any prospect which Edge Joint Venture II transfers to Edge Petroleum Corporation, Edge Group II L.P. or any other party during the "Windup Period", Xxxxx X. Xxxxxxx'x RWI and ORRI will only apply to the leases and interests in leases in such prospects which Edge Joint Venture II owned as of the date of such transfer, and if such leases cover less than 100% of the leasehold estate in the tracts included in the prospect, Xxxxx X. Xxxxxxx'x interest shall be reduced proportionately.
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Term of Loan. This loan is payable on demand, but if no demand, then on or before January 9, 2000, in one installment of principal and accrued interest.
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Related to Term of Loan

  • Type of Loan means (i) with respect to Revolving Loans, a Base Rate Loan or a Eurodollar Rate Loan, and (ii) with respect to Swing Line Loans, a Base Rate Loan.

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

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

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

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

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

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

  • 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).

  • 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.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Loan Period means, with respect to each LIBOR Rate Loan, the period commencing on the Funding Date for such LIBOR Rate Loan and ending on the numerically corresponding day one (1) month, two (2) months, three (3) months or six (6) months thereafter, as specified by the Borrower in the Notice of Borrowing submitted under Section 2.04; provided, however, that:

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

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

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

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (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.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

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

  • LIBOR Loan means any portion of a Loan (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.

  • Term A Loan Commitment means, for each Lender, the commitment of such Lender to make its portion of the Term A Loan, in the principal amount with respect to each such Lender equal to the amount set forth opposite the name of such Lender under "Term A Loan Commitment" on Schedule 1.01(A).

  • Notice of Loan means a Notice of Loan in the form of the attached Exhibit D.

  • Term Loan as defined in Section 2.1.

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

  • Term Loan A has the meaning set forth in Section 2.2(a).

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

  • Term Loan Extension Series has the meaning set forth in Section 2.16(a).