Examples of Assumed Loans in a sentence
Assumed Loans Section 515 loans may be assumed in conjunction with the transfer of ownership of the property.
In addition, at or before the Closing, the Contributors shall have caused each Lender related to the Assumed Loans to have released the Contributors and each of their affiliates (other than the Partnerships or their subsidiaries) from any liability in respect of obligations first arising on or after the Closing Date pursuant to any recourse obligations, guarantees, indemnification agreements, letters of credit posted as security or other similar obligations under the respective Existing Loan Documents.
Through the grace of Allâh Ta’ala, this routine will change to one of sincerity.
Direct Debt - Loans or obligations, either domestic or external, directly contracted by the national government.For the purpose of this bulletin, Total Direct Debt includes NG Direct Loans (Agency/ Relent), NG Assumed Loans and Debt Securities; and bond exchange transactions Disbursements / Drawings / Issuance- Amount drawn/issued, in cash or in kind, against loan commitments.
The Assumed Loans bear interest at a fixed rate of 9.25% and provide for monthly principal and interest payments based on a 16.75-year amortization schedule.