At the time of obligation definition

At the time of obligation means at the time the loan is made. For example, if the
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At the time of obligation means at the time the loan is made. For example, if the SSBCI- supported loan has a variable interest rate, the interest rate at any point during the life of the loan cannot exceed the NCUA’s interest rate ceiling in effect at the time the loan was made. Any change in the NCUA’s interest rate ceiling after a SSBCI-supported loan is made does not impact the loan. That is, the interest rate on any loan made before a change in the NCUA’s interest rate ceiling would continue to be capped by the rate ceiling at the time the loan was made, as opposed to being capped by the new rate ceiling. The interest rate on any loan made after the change, however, would be capped by the new rate ceiling rather than the prior rate ceiling.
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Examples of At the time of obligation in a sentence

  • At the time of obligation of PCPP and LGL grant funds, USD is converted back to the LCU (using the current exchange rate) and the PCV reports grant expenditures in LCU.

Related to At the time of obligation

  • (ii) the term covered loan’ means a

  • (i) the term claimed invention’ means the subject

  • (13) The term Phase III’ means—

  • (iii) the term covered period’ means

  • (17) The term Indian lands’ means—

  • (A) the term major disaster’ means any disaster or catastrophe declared or designated by any State or Federal agency or department;

  • (15) The term serious bodily injury’ means

  • (2) The term Director’ means the Director of

  • (6) The term Secretary’ means the Secretary of

  • (5) the term rural area’ means a city, town, or unincor- porated area that has a population of not more than 10,000 inhabitants.

  • (3) The term Treaty on Open Skies’ means the Treaty on Open Skies, signed at Helsinki on March 24, 1992.’’

  • (B) the term biomass’ means any organic matter that is available on a renewable or recurring basis, including agricul- tural crops and trees, wood and wood wastes and residues, plants (including aquatic plants), grasses, residues, fibers, and animal wastes, municipal wastes, and other waste materials.’’.

  • (7) The term Secretary’ means the Secretary of

  • Loan Fee shall have the meaning assigned in Section 5.1.

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • (11) The term health promotion’ means—

  • Final Payout Date means the date on or after the Termination Date when (i) the Aggregate Capital and Aggregate Interest have been paid in full, (ii) all Borrower Obligations shall have been paid in full, (iii) all other amounts owing to the Credit Parties and any other Borrower Indemnified Party or Affected Person hereunder and under the other Transaction Documents have been paid in full and (iv) all accrued Servicing Fees have been paid in full.

  • (4) the term Secretary’ means the Secretary

  • (20) The term commercial clothes washer’ means a soft- mount front-loading or soft-mount top-loading clothes washer that—

  • Amendment Fee means any fee offered, paid or payable to any Lender Party by the Borrower or any Affiliate of the Borrower (whether directly or through the Administrative Agent or any other Person) in consideration for any waiver of, or agreement to amend or modify any provision of, any of the Financing Documents.

  • (9) The term economic impact’ means, with respect to a proposed or final rule—

  • (1) AGREEMENT.—The term Agreement’ means the United States-Morocco Free Trade Agreement ap- proved by Congress under section 101(a)(1).

  • (j) The term claimed invention’ means the subject matter defined by a claim in a patent or an application for a patent.’’.

  • (34) The term dehumidifier’ means a self-contained, elec- trically operated, and mechanically encased assembly consisting of—

  • Late Fee If you don’t pay at least the Minimum Payment Due by the Payment Due Date, we will charge you a late fee. o The fee is $27.00 if you were not charged a late fee during any of the prior six billing periods.

  • (iv) the term covered period’ means