Easy Loan definition

Easy Loan. “Lender” Easy Loan Finance Limited, a company incorporated in Hong Kong with limited liability and an indirect wholly-owned subsidiary of the Company
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Easy Loan. “Lender” Easy Loan Finance Limited, a company incorporated in Hong Kong with limited liability and an indirect wholly- owned subsidiary of the Company “Final Repayment Date” 9 May 2018
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Examples of Easy Loan in a sentence

  • The terms of the Loan Agreement, including the applicable interest, were negotiated on an arm’s length basis between Easy Loan and the Borrower, with reference to the prevailing market interest rates and practices.

  • The terms of the Supplemental Agreement are negotiated on an arm’s length basis between Easy Loan and the Borrower.

  • The terms of the Loan Agreement, including the applicable interest, are negotiated on an arm’s length basis between Easy Loan and the Borrower, with reference to the prevailing market interest rates and practices.

  • Pursuant to the Loan Agreement, Easy Loan has agreed to grant an unsecured Loan Facility for the maximum amount of HK$15 million to the Borrower for a term of 12 months.

  • LOAN AGREEMENT Date of the Loan Agreement : 22 November 2017 Lender : Easy Loan Borrower : Customer A Principal : HK$9.5 million Interest rate : 12% per annum Term : 4 months from 22 November 2017 to 22 March 2018 Final Repayment Date : 22 March 2018 Repayment : Borrower shall repay the interest on a monthly basis with principal amount at the loan maturity Purpose : For personal use and investment FUNDING OF THE LOAN The Group financed the Loan with its internal resources.

  • On 22 November 2017, the Loan Agreement was entered into between Easy Loan, an indirect wholly-owned subsidiary of the Company as lender, and Customer A as borrower.

  • Pursuant to the Loan Agreement, Easy Loan has agreed to grant an unsecured loan in the amount of HK$9.5 million to the Borrower for a term of 4 months.

  • SUPPLEMENTAL AGREEMENT IN RELATION TO EXTENSION OF FINAL REPAYMENT DATE OF PROVISION OF FINANCIAL ASSISTANCE The Board announced that on 20 March 2018, after arm’s length negotiation, Easy Loan entered into the Supplemental Agreement to the Loan Agreement with Customer A to extend the Final Repayment Date under the Loan Agreement from 22 March 2018 to 22 March 2019.

  • The Board is pleased to announce that on 7 September 2018, the Loan Agreement was entered into between Easy Loan, an indirect wholly-owned subsidiary of the Company as lender, and Customer A as borrower.

  • The Board is pleased to announce that on 31 August 2018, the Loan Agreement was entered into between Easy Loan, an indirect wholly-owned subsidiary of the Company as lender, and Customer A as borrower.

Related to Easy Loan

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

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

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • PPP Loan has the meaning set forth in Section 3.28.

  • Wet Loan means a wet-funded first or second lien Mortgage Loan which is underwritten in accordance with the Underwriting Guidelines and does not contain all the required Mortgage Loan Documents in the Mortgage File.

  • Term Loan as defined in Section 2.1.

  • 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.

  • Cov-Lite Loan A Collateral Obligation the Underlying Documents for which do not (i) contain any financial covenants or (ii) require the Obligor thereunder to comply with any Maintenance Covenant (regardless of whether compliance with one or more Incurrence Covenants is otherwise required by such Underlying Documents); provided that, notwithstanding the foregoing, a Collateral Obligation shall be deemed for all purposes (other than the S&P Recovery Rate for such Collateral Obligation) not to be a Cov-Lite Loan if the Underlying Documents for such Collateral Obligation contain a cross-default or cross acceleration provision to, or such Collateral Obligation is pari passu with, another loan, debt obligation or credit facility of the underlying Obligor that contains one or more Maintenance Covenants.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • PACE Loan means (x) any “Property-Assessed Clean Energy loan” or (y) any other indebtedness, without regard to the name given to such indebtedness, which is (i) incurred for improvements to the Property for the purpose of increasing energy efficiency, increasing use of renewable energy sources, resource conservation, or a combination of the foregoing, and (ii) repaid through multi-year assessments against the Property.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

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

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • Existing Loan means the loan identified on Exhibit H.

  • Initial Loan is defined in Section 2.1.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

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

  • Commercial loan means a loan that is not made primarily for

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01.

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

  • Swingline Loan means a Loan made pursuant to Section 2.04.

  • Multicurrency Loan means a Loan denominated in Dollars or an Agreed Foreign Currency.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • Term SOFR Rate Loan means a Loan made hereunder with respect to which the interest rate is calculated by reference to Term SOFR (other than a Loan for which clause (c) of the definition of Base Rate is used to determine Base Rate).