Beneficiary Loan definition

Beneficiary Loan means a loan to a Beneficiary supported by State Funds under the terms and conditions of this Scheme Offer Letter;
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Beneficiary Loan means the loan made by MBDP to a Beneficiary in accordance with a Beneficiary Loan Agreement (as hereinafter defined).
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Examples of Beneficiary Loan in a sentence

  • Upon the Beneficiary ceasing to be the beneficial owner of the Beneficiary Loan Notes, this Deed shall automatically terminate with no liability of the Nominee to the Beneficiary.

  • Accordingly, the Beneficiary wishes to appoint the Nominee to hold the Beneficiary Loan Notes in its name and on behalf of the Beneficiary upon the terms and subject to the conditions of this Deed.

  • The Beneficiary hereby confirms its subscription for the Beneficiary Loan Notes and directs the Nominee to hold the Beneficiary Loan Notes, together with all Derivative Rights or benefits relating thereto upon trust for the Beneficiary.

  • Chicago, Illinois ABA No. ▇▇▇-▇▇▇-▇▇▇ Beneficiary: Loan Clearing Account No. ▇▇▇▇▇▇▇ Ref: Calgon Carbon Corporation Same Table of Contents First Commonwealth Bank General Revolving Commitment: $14,500,000.00 Term Commitment: $3,000,000.00 First Commonwealth Bank Primary Contact: C.

  • The Beneficiary wishes to subscribe for the Beneficiary Loan Notes pursuant to the Loan Note Instrument.

  • Entire Agreement: The express terms of this Deed and the Declaration of Trust constitute the sole and entire agreement between the parties in relation to the Beneficiary Loan Notes and supersede all prior written and oral arrangements, understandings, representations, warranties and agreements between them in that regard (if any).

  • Subject to clause 5.2 (Termination on Notice), this Deed shall remain in force for so long as the Beneficiary is the beneficial owner of the Beneficiary Loan Notes.