Approval of Loans Sample Clauses

Approval of Loans. Borrower shall provide to Lender a Loan Request for each proposed Loan. Lender will not consider Loan Requests for principal amounts less than $75,000. In connection with each such Loan Request, Borrower shall provide Lender with the Required Documents, all of which must be satisfactory in form and content to Lender. The Loan Request will not be considered by Lender unless and until the Loan Request and all Required Documents are submitted to Lender. Loan Requests will be considered no more often than once per month. Each Loan Request and all Required Documents must be received by Lender in order for the proposed Loan to be considered for approval. Lender shall have ten (10) days (or the next Business Day following the tenth day, if such date is not a Business Day) following the date that the fully completed Loan Request and all Required Documents are delivered to Lender to determine whether Lender will approve or disapprove the proposed Loan. Each proposed Loan may be approved or disapproved by Lender in its sole discretion, for any reason or for no reason. Lender will notify Borrower as to whether the proposed Loan is approved or disapproved.
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Approval of Loans. Allow seven (7) working days for loan approval and payment. • A printable online invoice will be in USCCentral under For Students, My Financial Status, View Financial Status. Your invoice will show your balance, reference numbers and methods of payment via POSTbillpay including by telephone, website (xxx.xxxxxxxxxxx.xxx.xx) or in person at any post office. • Should you cease to be an enrolled student at the University of the Sunshine Coast, repayment of the loan in full is required immediately. • Students need to make regular fortnightly repayments. • REPAYMENTS ARE NOT DEBTED FROM THE STUDENT BANK ACCOUNT. • Contact Student Life and Learning to discuss your changed circumstances. Ground Floor Building E Ph 54301226 Email xxxxxxxxxxxxxxxxxxxxxx@xxx.xxx.xx If you have not contacted Student Life and Learning to review your loan and your loan is not repaid according to your agreement, penalties will apply: • Academic transcripts and results for the semester may be withheld • Re-enrolment may be prevented.  Have you completed the Student Loan Application Form?  Have you completed the Fortnightly Income & Expenditure sheet?  Have you made an appointment to see the Student Equity and Diversity Officer at Student Life and Learning?  Do you have the documents to support your application?  Do you have quotes for your books or other study-related purchases?  Do you have your student card and proof of income? Applicant Details Given Name:……………………………………………………….. Surname:……………………………………………………………. Student ID:………………………………………………… Email @xxxxxxx.xxx.xxx.xx Address:…………………………………………………………………………………………………………………………………………….. Telephone (mobile):…………………………………………….. Telephone (home):……………………………………………… Citizenship:  Australian/NZ citizen  Permanent resident  Humanitarian visa Program of study (eg. Bachelor of Arts):……………………………………………………………………………………………….. When did you start? Year:…………………………………. Semester: ………………………………………………………….. Financial DetailsAre you:  Single  Married/Partnered  Other ……………………………………………….……………. How many other people are dependent on your income? …………………………………………………………………….. Do you receive any Centrelink benefits:  ABSTUDY  Carer’s Payment  Parenting Payment Aged Pension  Disability Support Pension  Youth Allowance Austudy  Newstart  Other ……………………………………………………………. If you are employed, what is your fortnightly income? $…………………………… Details for bank transfers Name of account holder:……………………………………………………………………………………………………………………… Name of financial insti...
Sample 1
Approval of Loans cept as otherwise indicated in the regu­ lations in this part, loans acted upon favorably by the board, where the ap­ plicant’s indebtedness to the fund will exceed $4,000 but not- exceed $10,000, shall be approved by the area director. Loans to cooperatives; loans for the purchase of livestock, equipment, or machinery with maturities exceeding six years; loans to members under 21 years of age; loans with maturities exceeding ten years; loans for the purchase of land; educational loans; and loans to individuals who are Government em­ ployees shall require approval of the area director regardless of amount. Burial loans in excess of $500 ; emergency loans in excess of $700 to applicants who do not ha,ve security adequate to protect the loans; and loans for the maintenance and support of aged, infirm, incapaci­ xxxxx members in excess of $700 shall also require approval of the area director. * - * * # *
Sample 1
Approval of Loans. 3.2.1.11.4. Approval of credit cards.
Sample 1
Approval of Loans. Borrower shall make a request for a Loan no less than ten (10) Business Days prior to the date Borrower wants the initial Advance to be made under such Loan. Such request for a Loan shall set forth the proposed amount of the Loan, the Equipment to be purchased with the proceeds thereof and the proposed Equipment Lease related thereto, together with such information related to such Equipment, the lessee under the proposed Equipment Lease and such other matters as Lender may request.
Sample 1
Approval of Loans. The Council may from time to time nominate a person or persons to the Credit Union as a Customer if:
Sample 1

Related to Approval of Loans

  • Procedure for Borrowing Swingline Loans The Borrower shall give the Agent and the Swingline Lender notice pursuant to a Notice of Swingline Borrowing or telephonic notice of each borrowing of a Swingline Loan. Each Notice of Swingline Borrowing shall be delivered to the Swingline Lender no later than 3:00 p.m. on the proposed date of such borrowing. Any such notice given telephonically shall include all information to be specified in a written Notice of Swingline Borrowing and shall be promptly confirmed in writing by the Borrower pursuant to a Notice of Swingline Borrowing sent to the Swingline Lender by telecopy on the same day of the giving of such telephonic notice. On the date of the requested Swingline Loan and subject to satisfaction of the applicable conditions set forth in Article V. for such borrowing, the Swingline Lender will make the proceeds of such Swingline Loan available to the Borrower in Dollars, in immediately available funds, at the account specified by the Borrower in the Notice of Swingline Borrowing not later than 4:00 p.m. on such date.

  • Classification of Loans and Borrowings For purposes of this Agreement, Loans may be classified and referred to by Class (e.g., a “Revolving Loan”) or by Type (e.g., a “Eurodollar Loan”) or by Class and Type (e.g., a “Eurodollar Revolving Loan”). Borrowings also may be classified and referred to by Class (e.g., a “Revolving Borrowing”) or by Type (e.g., a “Eurodollar Borrowing”) or by Class and Type (e.g., a “Eurodollar Revolving Borrowing”).

  • Types of Loans and Borrowings For purposes of this Agreement, Loans and Borrowings, respectively, may be classified and referred to by Type (e.g., a “Eurodollar Loan” or a “Eurodollar Borrowing”).

  • Borrowing Mechanics for Revolving Loans (i) Except pursuant to Section 2.4(d), Revolving Loans that are Base Rate Loans shall be made in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount, Revolving Loans that are Eurodollar Rate Loans shall be in an aggregate minimum amount of $5,000,000 and integral multiples of $1,000,000 in excess of that amount. (ii) Subject to Section 3.3(b), whenever Borrower desires that Lenders make Revolving Loans, Borrower shall deliver to Administrative Agent a fully executed and delivered Funding Notice no later than 1:00 p.m. (New York City time) at least three Business Days in advance of the proposed Credit Date in the case of a Eurodollar Rate Loan and at least one Business Day in advance of the proposed Credit Date in the case of a Revolving Loan that is a Base Rate Loan. (iii) Notice of receipt of each Funding Notice in respect of Revolving Loans, together with the amount of each Lender’s Pro Rata Share thereof, if any, together with the applicable interest rate, shall be provided by Administrative Agent to each applicable Lender by telefacsimile with reasonable promptness, but (provided Administrative Agent shall have received such notice by 1:00 p.m. (New York City time)) not later than 2:00 p.m. (New York City time) on the same day as Administrative Agent’s receipt of such Notice from Borrower. (iv) Each Lender shall make the amount of its Revolving Loan available to Administrative Agent not later than 12:00 p.m. (New York City time) on the applicable Credit Date by wire transfer of same day funds in Dollars, at the Principal Office designated by Administrative Agent. Except as provided herein, upon satisfaction or waiver of the conditions precedent specified herein, Administrative Agent shall make the proceeds of such Revolving Loans available to Borrower on the applicable Credit Date by causing an amount of same day funds in Dollars, equal to the proceeds of all such Revolving Loans received by Administrative Agent from Lenders to be credited to the account of Borrower at the Principal Office designated by Administrative Agent or such other account as may be designated in writing to Administrative Agent by Borrower.

  • Procedure for Revolving Loan Borrowing The Borrower may borrow under the Revolving Commitments during the Revolving Commitment Period on any Business Day; provided that the Borrower shall give the Administrative Agent irrevocable written notice (which notice must be received by the Administrative Agent (i) in the case of Eurocurrency Loans, prior to 12:00 Noon, New York City time, three Business Days prior to the requested Borrowing Date or (ii) in the case of ABR Loans, prior to 12:00 Noon, New York City time, one Business Day prior to the proposed Borrowing Date), specifying (x) the amount and Type of Revolving Loans to be borrowed, (y) the requested Borrowing Date and (z) in the case of Eurocurrency Loans, the respective amounts of each such Type of Loan and the respective lengths of the initial Interest Period therefor. The aggregate principal amount of all Revolving Loans made on the Closing Date shall not exceed $25,000,000 (which amount, for the avoidance of doubt, shall not include the face amount of any outstanding Letters of Credit). Each borrowing by the Borrower under the Revolving Commitments shall be in an amount equal to (x) in the case of ABR Loans, $1,000,000 or a whole multiple of $100,000 in excess thereof (or, if the then aggregate Available Revolving Commitments are less than $1,000,000, such lesser amount) and (y) in the case of Eurocurrency Loans, $1,000,000 or a whole multiple of $500,000 in excess thereof; provided that the Swingline Lender may request, on behalf of the Borrower, borrowings under the Revolving Commitments that are ABR Loans in other amounts pursuant to Section 2.7(a). Upon receipt of any such notice from the Borrower, the Administrative Agent shall promptly notify each Revolving Lender thereof. Each Revolving Lender will make the amount of its pro rata share of each borrowing available to the Administrative Agent for the account of the Borrower at the Funding Office prior to 11:00 A.M., New York City time, on the Borrowing Date requested by the Borrower in funds immediately available to the Administrative Agent. Such borrowing will then be made available to the Borrower by the Administrative Agent crediting the account designated in writing by the Borrower to the Administrative Agent with the aggregate of the amounts made available to the Administrative Agent by such Revolving Lenders and in like funds as received by the Administrative Agent. If no election as to the Type of a Revolving Loan is specified, then the requested Loan shall be an ABR Loan. If no Interest Period is specified with respect to any requested Eurocurrency Loan, the Borrower shall be deemed to have selected an Interest Period of one month’s duration.

  • Procedure for Borrowing Revolving Loans Each Borrowing shall be made by a written request by an Authorized Person delivered to Agent and received by Agent no later than 10:00 a.m. (i) on the Business Day that is the requested Funding Date in the case of a request for a Swing Loan, and (ii) on the Business Day that is 1 Business Day prior to the requested Funding Date in the case of all other requests, specifying (A) the amount of such Borrowing, and (B) the requested Funding Date (which shall be a Business Day); provided, that Agent may, in its sole discretion, elect to accept as timely requests that are received later than 10:00 a.m. on the applicable Business Day. At Agent’s election, in lieu of delivering the above-described written request, any Authorized Person may give Agent telephonic notice of such request by the required time. In such circumstances, Borrower agrees that any such telephonic notice will be confirmed in writing within 24 hours of the giving of such telephonic notice, but the failure to provide such written confirmation shall not affect the validity of the request.

  • Revolving Loan Borrowings During the Revolving Commitment Period, subject to the terms and conditions hereof, each Revolving Credit Lender severally agrees to make Revolving Loans denominated in Dollars to the Borrowers (on a joint and several basis) in an aggregate amount not to exceed at any time outstanding the amount of such Xxxxxx’s Revolving Commitment; provided, that after giving effect to the making of any Revolving Loans, (i) in no event shall the aggregate amount of Revolving Exposure exceed the aggregate amount of Revolving Commitments then in effect and (ii) no Lender’s Revolving Exposure shall exceed such Xxxxxx’s Revolving Commitment. Subject to the terms and conditions hereof, amounts borrowed pursuant to this Section 2.01(c) may be repaid and reborrowed during the Revolving Commitment Period. Revolving Loans may be Base Rate Loans or SOFR Loans as further provided herein.

  • Borrowings to Repay Swing Loans PNC may, at its option, exercisable at any time for any reason whatsoever, demand repayment of the Swing Loans, and each Lender shall make a Revolving Credit Loan in an amount equal to such Lender’s Ratable Share of the aggregate principal amount of the outstanding Swing Loans, plus, if PNC so requests, accrued interest thereon, provided that no Lender shall be obligated in any event to make Revolving Credit Loans in excess of its Revolving Credit Commitment minus its Ratable Share of Letter of Credit Obligations. Revolving Credit Loans made pursuant to the preceding sentence shall bear interest at the Base Rate Option and shall be deemed to have been properly requested in accordance with Section 2.5.1 [Revolving Credit Loan Requests] without regard to any of the requirements of that provision. PNC shall provide notice to the Lenders (which may be telephonic or written notice by letter, facsimile or telex) that such Revolving Credit Loans are to be made under this Section 2.6.5 and of the apportionment among the Lenders, and the Lenders shall be unconditionally obligated to fund such Revolving Credit Loans (whether or not the conditions specified in Section 2.5.1 [Revolving Credit Loan Requests] are then satisfied) by the time PNC so requests, which shall not be earlier than 3:00 p.m. on the Business Day next after the date the Lenders receive such notice from PNC.

  • Types of Loans Subject to Section 3.03, each Borrowing shall be comprised entirely of ABR Loans or Eurodollar Loans as the Borrower may request in accordance herewith. Each Lender at its option may make any Eurodollar Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; provided that any exercise of such option shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement.

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