Loan guarantee definition

Loan guarantee means the Guarantee by each Guarantor of the Obligations (other than any Obligations with respect to Swap Contracts of Treasury Services Agreements), executed pursuant to the provisions of the Facility Guaranty.

Loan guarantee means any guar- antee, insurance, or other pledge with respect to the payment of all or a part of the principal or interest on any debt obligation of a non-Federal borrower to a non-Federal Lender, but does not in- clude the insurance of deposits, shares, or other withdrawable accounts in fi- nancial institutions.

Loan guarantee means a guarantee of all or part of a loan made by a commercial lender. Payment of all or a portion of the loan guarantee would occur if the business defaults on its repayment of the loan, provided the lender has exhausted standard legal remedies in an attempt to secure repayment from the borrower.

Examples of Loan guarantee in a sentence

• X SHOP Self-Help Homeownership Opportunity Program funds sites for volunteer-based home construction programs X Section 108 Loan Guarantee Program Allows local governments to leverage portions of their CDBG funds into federally guaranteed loans for economic development, housing, public facility, and infrastructure.

• X Section 184 Loan Guarantee The Section 184 Indian Home Loan Guarantee Program is a home mortgage product specifically designed for American Indian and Alaska Native families, Alaska villages, tribes, or tribally designated housing entities.

• Any provision of this Master Agreement that is applicable to the Recipient’s Underlying Agreement for TIFIA assistance and Recipient, but that conflicts with the laws, regulations, and requirements identified in this section, will not apply to the Recipient’s TIFIA Loan, Loan Guarantee, Line of Credit, or Master Credit Agreement, unless FTA determines otherwise in writing.

• DOE will consult with OMB and the Secretary of the Treasury before DOE grants any deviation that would con- stitute a substantial change in the fi- nancial terms of the Loan Guarantee Agreement and related documents.

• Guardrisk Insurance Co. Home Loan Guarantee Co. Lion of Africa Insurance Co. Lombard Insurance Mutual & Federal Insurance Co. New National Assurance Co. Regent Insurance Co. Renasa Insurance Company Ltd.

More Definitions of Loan guarantee

Loan guarantee means any State or federal government

Loan guarantee means an agreement that in the event of default by a beginning entrepreneur under a note and mortgage or other loan or financing agreement, the Bank of North Dakota shall pay the lender the amount agreed upon up to a percentage to be determined by the Bank of the amount of principal due the lender on a loan at the time the claim is approved from the loan guarantee fund.

Loan guarantee means Article X of this Agreement.

Loan guarantee means an agree- ment to indemnify the holder of a loan all or a portion of the unpaid principal balance in case of default by the bor- rower;

Loan guarantee means any guarantee, insurance, or other pledge with respect to the payment of all or a part of the principal or interest on any debt obligation of a non-Federal borrower to a non-Federal lender, except for the insurance of deposits, shares, or other withdrawable accounts in financial institutions. Loans that are financed by the FFB pursuant to agency loan guarantee authority are treated as direct loans rather than loan guarantees.

Loan guarantee means a Guarantee of a specified percentage of Loan principal and up to ninety (90) days earned and unpaid interest at the same percentage.

Loan guarantee means a guarantee of 70 percent of the loan amount provided by a QED lender. The guaranteed portion of the loan must not exceed $1,500,000.