Duration of the Loan definition

Duration of the Loan means the period commencing on drawdown of the Loan andexpiring on the date on which the Loan is repaid in full;
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Duration of the Loan means the period commencing on drawdown of the Loan and
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Examples of Duration of the Loan in a sentence

  • We assume, as in Berger and Udell (1995) and Elsas and Krahnen (1998), among others, that collateral and interest rate conditions are determined sequentially, with the collateral decision preceding the interest rate determination.Another loan contract characteristic is the Repayment Duration of the Loan.

  • However, we will investigate alternative decision sequences with respect to loan size and collateral in robustness checks.Another loan contract characteristic is the Repayment Duration of the Loan.

  • This includes insurance against all risks of physical loss or damage from any external cause while on location at Spruill Gallery for the Duration of the Loan, provided, however, that if the work shall be industrially fabricated and can be replaced to the artist’s specifications, the amount of insurance shall be limited to the cost of such replacement.

  • Any information discovered through such a search may be used as evidence in any civil or criminal proceedings and by University authorities for judicial action.

  • Unless the Lender expressly elects to maintain his/her own insurance, Spruill Gallery will insure the Work for the Duration of the Loan period for 60% of the retail price listed by the Lender herein.

  • Another loan contract characteristic is the Repayment Duration of the Loan.

  • Whilst it is not a condition of Skipton making the Loan, Skipton strongly recommends that anyone with liabilities under the Loan Agreement should arrange suitable life insurance cover and any other protection needed in the sum of the Loan for the Duration of the Loan, to assist in the repayment of the Loan in the event of their death during the Duration of the Loan.

  • Skipton may vary the amount of the monthly payments deducted to reflect the amount outstanding under the Loan, any previous payments paid or unpaid by the Borrower, and the remainder of the Duration of the Loan, with a view to ensuring that the Loan is repaid on the Repayment Date.

  • Schedule 3 Property covenants1 The Borrower undertakes to maintain a suitable buildings insurance policy (for such risks including cover for subsidence and for such sum assured as Skipton shall specify or where Skipton has not so specified the full reinstatement value of the buildings), with Skipton’s interest noted, throughout the Duration of the Loan.

  • The Borrower covenants to Skipton in the terms set out in Schedule 3 for the Duration of the Loan and for so long as the Loan is outstanding.

Related to Duration of the Loan

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Term Loan as defined in Section 2.1.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.07(a)(ii).

  • Extended Term Loan shall have the meaning assigned to such term in Section 2.21(e).

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Eurocurrency Rate Advance means a Revolving Credit Advance or a Term Loan Advance denominated in Dollars or in an Agreed Currency which bears interest as provided in Section 2.07(b) or a Local Currency Advance which bears interest as provided in Section 2.07(b) and the Local Currency Addendum.

  • Absolute Rate Loan means a Bid Loan that bears interest at a rate determined with reference to an Absolute Rate.

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

  • Initial Revolving Loan means any revolving loan made by the Initial Revolving Lenders to the Borrower pursuant to Section 2.01(a)(ii).

  • LIBOR Loan means any portion of a Loan (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.

  • Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.