Refinance Sample Clauses
Refinance. The Lender shall have the option to obtain any refinance facility or loan from any Person, against the security of this Loan.
Refinance. In respect of any security or Indebtedness, means to refinance, extend, renew or re-fund, or to issue a security or Indebtedness in exchange or replacement for, such security or Indebtedness in whole or in part. Refinanced and Refinancing shall have correlative meanings.
Refinance. Xxxxxxxx agrees that the entire outstanding amount of the Loan, including all accrued and unpaid interest, if any, will be due and payable if Borrower refinances the Loan. If the Borrower refinances any other mortgage loan or obtains an equity line of credit secured by the Property: (a) the Lender will not subordinate the Mortgage to any such refinanced or equity mortgages, and (b) the Lender may declare the entire outstanding amount of the Loan, including all accrued and unpaid interest, if any, immediately due and payable.
Refinance. For purposes of this Agreement, “Refinance” means any voluntary or involuntary refinancing, encumbrance, or other hypothecation of the Property, including, without limitation, any encumbrance of the Property by a mortgage or deed of trust that is recorded after this Agreement. Any Refinance of the Property will be subject to the conditions set forth in this Agreement.
Refinance. The City shall permit a prepayment and refinance of the First Lender Loan and shall agree to subordinate this Agreement and the City Deed of Trust to the refinanced First Lender Loan provided that:
(1) following such refinance, the principal amount of all debt secured by the Property does not exceed the Permitted Encumbrance Amount;
(2) the refinanced First Lender Loan is a fully amortized fixed rate loan, is fully documented, and requires no balloon payments;
(3) if the remaining balance of the original First Lender Loan exceeds ninety percent (90%) of the Maximum Restricted Resale Price, then the refinanced First Lender Loan reduces the Owner's principal and interest payments; and
(4) the total new housing cost to the Owner after the refinance does not exceed the Owner's ability to pay.
Refinance. The "Amount Refinanced" is included in the amount financed under this Agreement. If the Amount Refinanced is under an agreement with a third party, you acknowledge you have the right to terminate the agreement and you will provide Xerox with a statement from the third party identifying the equipment at issue, the amount to be paid off and the payee's name and mailing address. If the Amount Refinanced is under an agreement with Xerox, the refinancing will render your prior agreement null and void. If you breach any of your obligations under this Agreement, the full Amount Refinanced will be immediately due and payable. GENERAL TERMS & CONDITIONS:
Refinance. The "Amount Refinanced" is included in the amount financed under this Agreement. If the Amount Refinanced is under an agreemntewith a third party, you acknowledge you have the right to terminate the agreement and you will provide Xeroxwitha statement from the third party idetnifying the equipment at issue, the amount to be paid off and the payee's name and mailing address. If the Amount Refinanced is under an agreement with Xerox, the refinancing will renrdyeour prior agreement null and void. If you breach any of your obligations under this Agreement, the full Amount Refinanced will be immediately due and payable.
1. C8130H2 - Refinance of Xerox Agreement $565.00 9.75% $119.48
Refinance. The "Amount Refinanced" is included in the amount financed under this Agreement. If the Amount Refinanced is under an agreenmt xxxxx a third party, you acknowledge you have the right to terminate the agreement and you will provide Xerox with a statement from the third party idteifyning the equipment at issue, the amount to be paid off and the payee's name and mailing address. If the Amount Refinanced is under an agreement with Xerox, the refinancing will rernydoeur prior agreement null and void. If you breach any of your obligations under this Agreement, the full Amount Refinanced will be immediately due and payable.
Refinance. In respect of any Bank Debt or Term Loan Debt, to refinance, extend, renew, defease, supplement, replace or repay such indebtedness, or to issue other indebtedness in exchange or replacement for such indebtedness, in whole or in part, whether with the same or different lenders, arrangers or agents. “Refinanced” and “Refinancing” shall have correlative meanings.
Refinance. In case of refinancing of old loan availed not more than 90 days ago from the date of signing of the Agreement, to meet the expense of higher education of the student for an on-going course, the Loan Officer shall escalate such genuine cases to Credit Manager. The approval of the same will be subject to due diligence by the Credit manager. Not only old debt- if client has paid the fees from their own fund and wants to replenish it, then also it will be funded by the Bank. Following are the guidelines for the refinancing of the old loan:
a) The Loan Officer will collect the proof of payment (receipts) of fees to the educational institution as well as other expenses made towards fees of tuition/coaching classes and purchase of laptop, books, equipment’s, instruments etc. and include the same in the Loan file (Photocopies will have to be verified with originals).
b) In case the debt being refinanced was taken from an institutional source, Loan Utilization Check shall be carried out and the documentary evidence of the same shall be collected.