Loan Summary Sample Clauses

Loan Summary. For any Loan made pursuant to this Master Loan Agreement to be effective, Borrower must complete and execute the Loan Summary pertaining thereto and the same must be accepted by Bank in its sole discretion and executed by the Bank, and Borrower must comply with all the applicable terms and conditions hereof including, without limitation, the execution and delivery of the Loan Documents which pertain to the Loan.
Sample 1Sample 2Sample 3
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Loan Summary. Simplicity Home Loans Limited is pleased to offer you a Simplicity First Home Loan as detailed in this Loan Summary. The terms and conditions that apply to your Simplicity First Home Loan are set out in this Agreement, which is comprised of the following documents: • This Simplicity First Home Loan; and • Our Terms and Conditions of Loan. When we refer to the “Agreement”, we are referring to all the above documents. The key terms of the Agreement are outlined as follows: Loan Amount $ AMOUNT Purpose This Loan may only be used to purchase your first home Initial Unpaid Balance Nil Subsequent Advance We will advance the Loan Amount to you on the Drawdown Date Term 360 MONTHS from the Drawdown Date Drawdown Date DATE Annual Interest Rate FLOATING RATE Default Interest Rate The Annual Interest Rate plus 5.00% per annum Security As per the Security Schedule below Total Interest Charges $ TOTAL INTEREST AMOUNT as an estimate on the basis the floating Annual Interest Rate does not change throughout the Term of the Loan. Please note that if the Annual Interest Rate changes, the Total Interest Charges will also change. Fees and Charges There will be no Fees and Charges applicable to this Loan.
Sample 1
Loan Summary. The following is a summary of terms relating to the Loan and the Project (each as hereinafter defined). In the event of any inconsistencies between the terms of this section and the remainder of this Loan Agreement, the terms of the remainder of this Loan Agreement will prevail. (a) Project: East Xxxxxxxx, consisting of 244.43 acres with an approved Vesting Tentative Map for 1,400 housing units to be built-out in three phases, consisting of 420 affordable units and 980 market rate Homes and a Town Center with up to 75,000 square feet of commercial/retail/office uses located in Monterey County, California. The project will be developed to a finished lot/parcel condition. (b) Loan Amount: (i) Seventy-Five Million Dollars ($75,000,000) from January 30, 2007, through January 30, 2009, (ii) Thirty-Five Million Dollars ($35,000,000) thereafter through January 30, 2010, (iii) Fifteen Million Dollars ($15,000,000) thereafter through the Maturity Date, and (iv) Zero Dollars ($0) thereafter, which amounts may be adjusted pursuant to Section 2.9, provided that the Loan Amount may not at any time exceed Seventy-Five Million Dollars ($75,000,000). (c) Development Work Commencement Date: not more than ninety (90) days after the date of this Agreement. (d) Commitment Fee: 0.5% of the Loan Amount per annum, paid quarterly, as provided in Sections 1.2 and 2.4 below. (e) Interest Rate: Prime Rate + 0.5%. Interest and fees will be calculated on the basis of a 365-day year counting the actual number of days occurring in the period for which the interest or fees are payable. (f) Maturity Date: January 30, 2011. (g) Advance Rate: 100% of the Qualified Project Expenditures; provided, however, that in no event (1) shall Lender advance more than $1,500,000 for the cost of acquiring the Land, (2) shall Lender be obligated to advance funds, when aggregated, in excess of 60% of the sum of (i) the Value of that portion, if any, of the Project for which a Phase Commitment has been fully executed and delivered by the parties thereto, and (ii) the Value of that portion, if any, of the Land for which a Phase Commitment has not been fully executed and delivered by the parties thereto, together with any improvements on or to such Land for which Lender advanced Loan proceeds that have been made or constructed by Borrower, or (3) shall Borrower contribute to the Project less than Ten Million Two Hundred Thousand Dollars ($10,200,000) in equity.
Sample 1
Loan Summary. In addition to any other certificate required under the terms of this Agreement, upon the request of GSMC and as soon as reasonably practical after the date hereof each of Borrower and Borrower Parent/Sponsor shall execute a certificate in favor of GSMC in substantially the form set forth on Exhibit B hereto (A) certifying that (i) each of Borrower and Borrower Parent/Sponsor has reviewed the summary of the Loan prepared on behalf of GSMC for inclusion in the Disclosure Document (the "Loan Summary") and (ii) as of the date hereof, the information contained in the Loan Summary pertaining to Borrower, Borrower Parent/Sponsor, the Bifurcation Borrowers, if any, the Property, the Loan and the Bifurcation Loans is accurate and complete in all material respects and does not contain any untrue statement of a material fact and does not omit to state a material fact specifically relating to Borrower, Borrower Parent/Sponsor, the Bifurcation Borrowers, if any, the Property, the Loan or the Bifurcation Loans, if any, necessary to make the statements made in the Loan Summary specifically relating to Borrower, Borrower Parent/Sponsor, Bifurcation Borrowers, if any, the Property, the Loan or the Bifurcation Loans, if any, in light of the circumstances under which they were made, not misleading and (B) consenting to GSMC's use of such Loan Summary in a Disclosure Document.
Sample 1

Related to Loan Summary

  • JOB SUMMARY Vouches sample transaction in audit verification assignments and submits findings to supervisor; • Records proceedings of entry and exit conferences; • Collects and analyses data and statistics; • Prepares audit working papers for review by supervisor; • Undertakes any other duties that may be assigned by the Chief Internal Audit Technician.

  • Loan Terms The Loan will be evidenced by the Note and will bear interest and be paid in accordance with the payment terms set forth in the Note.

  • Expense Summary The information set forth in the Prospectus in the Fee Table has been prepared in accordance with the requirements of Form N-2 and to the extent estimated or projected, such estimates or projections are reasonably believed to be attainable and reasonably based.

  • Notice and Terms of Optional Prepayment The Borrower shall notify the Administrative Agent by telephone (confirmed by facsimile) of any optional prepayment hereunder (i) in the case of prepayment of a Eurodollar Borrowing, not later than 12:00 noon, New York City time, three Business Days before the date of prepayment, or (ii) in the case of prepayment of an ABR Borrowing, not later than 12:00 noon, New York City time, one Business Day before the date of prepayment. Each such notice shall specify the prepayment date and the principal amount of each Borrowing or portion thereof to be prepaid. Promptly following receipt of any such notice relating to a Borrowing, the Administrative Agent shall advise the Lenders of the contents thereof. Each such partial prepayment of any Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02. Each such prepayment of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing and shall be accompanied by accrued interest to the extent required by Section 3.02.

  • SUMMARY As provided in the Fifth Amended and Restated Declaration of Trust and Trust Agreement of the Trust, as amended from time to time (the “Trust Agreement”) as currently in effect and described in the applicable Prospectus (defined below), units of fractional undivided beneficial interest in and ownership of each Fund (individually and collectively, the “Shares”) may be created or redeemed by the Managing Owner for an Authorized Participant in aggregations of two hundred thousand (200,000) Shares (each aggregation, a “Basket”). Baskets are offered only pursuant to the applicable registration statement of the Trust, with respect to all the Funds, excluding the DBA Fund and the DBS Fund, on Form S-3, with respect to the DBA Fund on Form S-3ASR, and with respect to the DBS Fund on Form S-1, as amended (Registration Nos.: 333-203008 et seq. with respect to all the Funds, excluding the DBA Fund and the DBS Fund; Registration Nos.: 333-185865 et seq. with respect to the DBA Fund only; Registration Nos.: 333-193222 et seq. with respect to the DBS Fund only), as currently effective and on file with the Securities and Exchange Commission (“SEC”) and as the same may be amended from time to time thereafter or any successor registration statement in respect of Shares of each Fund (each, a “Registration Statement,” collectively, the “Registration Statements”) together with the prospectuses of the Trust in the form filed with the SEC under Rule 424(b) under the Securities Act of 1933, as amended (the “1933 Act”), after the effectiveness of the Registration Statements (each, a “Prospectus,” collectively, the “Prospectuses”). Under the Trust Agreement, the Managing Owner is authorized to issue Baskets to, and redeem Baskets from, Authorized Participants, (i) through the Continuous Net Settlement (“CNS”) clearing processes of the National Securities Clearing Corporation (the “NSCC”) as such processes have been enhanced to effect purchases and redemptions of Creation Baskets and Redemption Baskets (the “CNS Clearing Process”), or (ii) if outside the CNS Clearing Process, only through the facilities of The Depository Trust Company (“DTC” or the “Depository”) (the “DTC Process”), or a successor depository, and only in exchange for cash. This Agreement sets forth the specific procedures by which an Authorized Participant may create or redeem Baskets. For the avoidance of doubt, the term “Prospectus” shall mean the Prospectus for the DBA Fund, the Prospectus for the DBS Fund or the Prospectus for all of the Funds, excluding the DBA Fund and the DBS Fund, as the context requires. Because new Shares for each Fund can be created and issued by the Trust on an ongoing basis, at any point during the life of each respective Fund, a “distribution,” as such term is used in the 1933 Act, may be occurring. The Authorized Participant is cautioned that some of its activities may result in its being deemed a participant in a distribution in a manner that would render it a statutory underwriter and subject it to the prospectus delivery and liability provisions of the 1933 Act. The Authorized Participant should review the “Plan of Distribution” section of the applicable Prospectus and consult with its own counsel in connection with entering into this Agreement and submitting a Purchase Order Subscription Agreement (defined below). Capitalized terms used but not defined in this Agreement shall have the meanings assigned to such terms in the Trust Agreement. To the extent there is a conflict between any provision of this Agreement and the provisions of the Trust Agreement, the provisions of the Trust Agreement shall control. To the extent there is a conflict between any provision of this Agreement and the provisions of the applicable Prospectus, the applicable Prospectus shall control. For the avoidance of doubt, any action which is an action being taken by the Managing Owner may be taken by a party whom the Managing Owner has duly authorized to take such action. To give effect to the foregoing premises and in consideration of the mutual covenants and agreements set forth below, the parties hereto agree as follows:

  • Terms of the Loan The Loan will bear interest for the period and at the rate or rates set forth in the Note, and be payable in accordance with the terms of the Note. The outstanding principal balance, all accrued and unpaid interest and all other sums due and payable under the Note or other Loan Documents, if not sooner paid, shall be paid in full at Loan Maturity.

  • Budget Summary Other Sources (Page BudgetSum 2-3 - Acct 7000), must equal Other Uses (BudgetSum 2-3 - Acct. 8000). Estimated Beginning Fund Balance July,1 2020 for all Funds (Cells C3 - K3) (Line must have a number or zero. Do not leave blank.) OK Estimated Activity Fund Beginning Fund Balance July,1 2020 (Cell C83) (Cell must have a number or zero. Do not leave blank.) OK Transfer Among Funds (Funds 10, 20, 40 - Acct 7130 - Cells C29, D29, F29), must equal (Funds 10, 20 & 40 - Acct 8130 - Cells C52, D52, F52). OK Transfer of Interest (Funds 10 thru 90 - Acct 7140 - Cells C30:K30), must equal (Funds 10 thru 60, & 80 - Acct 8140 - Cells C53:H53, J53). OK Transfer to Debt Service to Pay Principal on Capital Leases (Fund 30 - Acct 7400 - Cell E39) must equal (Funds 10, 20 & 60 - Acct 8400 Cells C57:H60). OK Transfer to Debt Service to Pay Interest on Capital Leases (Fund 30 - Acct 7500 - Cell E40) must equal (Funds 10, 20 & 60 - Acct 8500 - Cells C61:H64). OK Transfer to Debt Service Fund to Pay Principal on Revenue Bonds (Fund 30 - Acct 7600 - Cell E41) must equal (Funds 10 & 20 - Acct 8600 - Cells C65:D68). OK Transfer to Debt Service to Pay Interest on Revenue Bonds (Fund 30 - Acct 7700 - Cell E42) must equal (Funds 10 & 20 - Acct 8700 - Cells C69:D72). OK Transfer to Capital Projects Fund (Fund 60 - Acct 7800 - Cell H43) must equal (Fund 10 & 20, Acct 8800 - Cells C73:D76). OK

  • Mortgage Loan Schedule The information pertaining to each Mortgage Loan which is set forth in the Mortgage Loan Schedule attached as an exhibit to this Agreement is true and correct in all material respects as of the Cut-off Date and contains all information required by the Pooling and Servicing Agreement to be contained therein.

  • Project Summary The main objective of the LIFE GAIA Sense project is to demonstrate gaiasense, an innovative “Smart Farming” (SF) solution that aims at reducing the consumption of natural resources, as a way to protect the environment and support Circular Economy (CE) models. More specifically, this project will launch 18 demonstrators across Greece, Spain and Portugal covering 9 crops (olives, peaches, cotton, pistachio, potatoes, table tomatoes, industrial tomatoes, grapes, kiwi) in various terrain and microclimatic conditions. They will demonstrate an innovative method, based on high-end technology, which is suitable for being replicated and will be accessible and affordable to Farmers either as individuals or collectively through Agricultural Cooperatives. Moreover, LIFE GAIA Sense aims to promote resource efficiency practices in SMEs of the agricultural sector and eventually, contribute to the implementation of the Roadmap to a Resource Efficient Europe. This project will demonstrate a method on how the farmer will be able to decide either to use or avoid inputs (irrigation, fertilizers, pesticides etc.) in a most efficient way, without risking the annual production. The focus is on the resource consumption reduction side of CE, and the results will be both qualitatively and quantitatively, considering the resources’ efficiency in agricultural sector.

  • DESCRIPTION OF CONTRACT MODIFICATION This contract modification is made in accordance with Exhibit E-Revised-1, Contractual Terms and Conditions, Section 22. CHANGES, to be made part hereof for all pertinent purposes. The changes are as follows:

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