Contemporaneous Loan definition

Contemporaneous Loan. ’ shall mean any loan which the Borrower has used to satisfy RUS Regulations or loan conditions requir- ing that supplemental financing be obtained in order to obtain a loan from RUS. Any loan used to refinance or refund a Contempora- neous Loan is also considered to be a Con- temporaneous Loan.
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Contemporaneous Loan. ’ shall mean any loan which the Borrower has used to satisfy RUS Regulations or loan conditions requiring that supplemental financing be obtained in order to obtain a loan from RUS. Any loan
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Contemporaneous Loan. ’ shall mean a loan made pursuant to a loan agreement
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Examples of Contemporaneous Loan in a sentence

  • The Contemporaneous Loan referred to in Section [5.3] is described as follows:llllllllll.

  • Provided, however, in all cases prepayments associated with refinancing or refunding a Contemporaneous Loan pursuant to Article II of the Mortgage are not consid- ered to be prepayments for purposes of this Agreement if they satisfy each of the fol- lowing requirements:(a) Principal.

  • Tigray Bureau of Agriculture and Rural Development Cactus development coordinatorE mail: fiseha.yaye@yahoo.com ABSTRACTOpuntia ficus- indica is originated from central and southern Mexico.

  • However, prepayment of the Note (and any penalties) shall be mandatory under Sec- tion [5.3] hereof if the Borrower has used a Contemporaneous Loan in order to qualify for the RUS Commitment, and later prepays the Contemporaneous Loan.Article IV—Conditions of LendingSection 4.1. General ConditionsThe obligation of RUS to make any Ad- vance hereunder is subject to satisfaction of each of the following conditions precedent on or before the date of such Advance:(a) Legal Matters.

  • A drawing may be sent showing all this information.Kitchen units A scale plan of the new kitchen layout showing the number of wall and floor units, the layout of work surfaces including the sink and the position of any appliances such as a cooker or washing machine etc.

  • However, prepayment of the Note (and any penalties) shall be mandatory under Sec- tion [5.3] hereof if the Borrower has used a Contemporaneous Loan in order to qualify for the RUS Commitment, and later prepays the Contemporaneous Loan.

  • However, prepayment of the Note (and any penalties) shall be mandatory under Section [5.3] hereof if the Borrower has used a Contemporaneous Loan in order to qualify for the RUS Commitment, and later prepays the Contemporaneous Loan.

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  • Provided, however, in all cases prepayments associated withrefinancing or refunding a Contemporaneous Loan pursuant to Article II of the Mortgage are not considered to be prepayments forpurposes of this Agreement if they satisfy each of the following requirements:(a) Principal.

  • However, prepayment of the Note (and any penalties) shall be mandatory under Section [5.3] hereof if the Borrower has used a Contemporaneous Loan in order to qualify for the RUS Commitment, and later prepays the Contemporaneous Loan.Article IV—Conditions of LendingSection 4.1. General ConditionsThe obligation of RUS to make anyAdvance hereunder is subject to satisfaction of each of the following conditions precedent on or before the date of such Advance:(a) Legal Matters.


More Definitions of Contemporaneous Loan

Contemporaneous Loan. ’ shall mean any loan which the Borrower has used to satisfy
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Related to Contemporaneous Loan

  • Written agreement means a written agreement made pursuant to section 8. A written agreement may address new jobs, qualified new jobs, full-time jobs, retained jobs, or any combination of new jobs, qualified new jobs, full-time jobs, or retained jobs.

  • Term SOFR Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Existing Loan means the loan identified on Exhibit H.

  • Term Loan as defined in Section 2.1.

  • Loan Agreements means any other loan agreements entered into by and between the Trust and one or more of the Borrowers pursuant to which the Trust will make Loans to such Borrowers from moneys on deposit in the Project Fund, excluding the Project Loan Account, financed with the proceeds of the Trust Bonds.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.