Bullet Loan definition

Bullet Loan means a Loan that, by its terms, provides for no Scheduled Payments of principal prior to the Loan’s maturity, and, at maturity, the entire unpaid principal balance of the Loan is due.
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Bullet Loan means the non-revolving Loan under the Credit Agreement in the principal amount of $40,000,000 to be made on January 4, 2002.
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Bullet Loan means the Bullet Loan set forth above under the Loan Facility Terms.
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Examples of Bullet Loan in a sentence

  • Each Loan Tranche may be a Bullet Loan Tranche, a Scheduled Amortisation Loan Tranche, a Pass-Through Loan Tranche or a combination of any of the foregoing, depending upon the Redemption/Payment Basis shown in the applicable Loan Tranche Supplement.

  • The Cash Manager shall ensure that all Funding 1 Principal Receipts reserved by Funding 1 to pay the relevant Bullet Loan Tranches and the Scheduled Amortisation Instalments are recorded on the Cash Accumulation Ledger.

  • Each Loan Tranche may be an Index-Linked Redemption Loan Tranche, a Bullet Loan Tranche, a Scheduled Repayment Loan Tranche, a Controlled Repayment Loan Tranche, a Pass-Through Loan Tranche or a combination of any of the foregoing, depending upon the Redemption/Payment Basis shown in the applicable Loan Tranche Supplement.

  • The outstanding principal balance of the Bullet Loan shall mature and be payable in full in one installment on December 31, 2007, unless the maturity thereof is accelerated as described herein.

  • The Cash Manager shall ensure that all Funding 2 Principal Receipts reserved by Funding 2 to pay the relevant Bullet Loan Tranches are recorded on the Funding 2 Cash Accumulation Ledger.

  • Each Rated Loan Tranche may be a Bullet Loan Tranche, a Scheduled Amortisation Loan Tranche, a Pass-Through Loan Tranche or a combination of any of the foregoing, depending upon the Redemption/Payment Basis shown in the applicable Loan Tranche Supplement.

  • Each prepayment of a Revolving Borrowing or the Bullet Loan shall be applied ratably to the Loans of that respective Class included in the prepaid Borrowing.

  • No fractional Conversion Shares shall be issued upon conversion of the Bullet Loan.

  • No repayment or prepayment of the Bullet Loan shall be reason for any relending or additional lending of proceeds of the Bullet Loan to the Borrower.

  • The Bullet Loan is evidenced by a Promissory Note in substantially the form of Exhibit G attached hereto, as the same may be amended and/or restated from time to time (the “Bullet Note”) (the Bullet Note and the Revolving Note are sometimes hereinafter referred to together collectively as the “Notes” and each individually as a “Note”).

Related to Bullet Loan

  • Wet Loan means a Purchased Loan originated and owned by the Seller immediately prior to being purchased by the Buyers:

  • Market Loan means any loan or other indebtedness where an entity issues commercial paper, certificates, subordinated debentures, bonds or any other debt securities (including, for the avoidance of doubt, medium term note programmes and other market funding programmes), provided in each case that such instruments and securities are or can be subject to trade on Nasdaq Stockholm or any other regulated or unregulated recognised market place.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.