Equity Loan definition

Equity Loan means an advance of all or a portion of the Equity Payment to be made to a Homeowner prior to the execution of the Home Purchase Contract by such Homeowner.

Equity Loan and “Equity Loans” means the Equity Loans referred to and defined in clause 4.1 of this Agreement.

Equity Loan means an Equity Loan as defined in a Member Agreement;

Examples of Equity Loan in a sentence

• The interest charged thereon shall be at the rate set by the Association for Equity Loans, which may exceed the rate charged by the Association’s Lender to the Association for funds borrowed by the Association with respect to the Equity Loan.

• Whether the Association does so, and whether the Association does so in one advance or several draws, the timing of the advance and any draws, and the amount of any Equity Loan, shall be in the sole discretion of the Association, provided that the amount of the Equity Loan shall not, in any event, exceed the lesser of 50% of the increase in the fair market value in all of the Livestock in the Member’s possession, or the Member’s Contingency Interest, at the time of the advance of the Equity Loan.

• The amount payable and the terms of each Equity Loan shall be as set forth in the Equity Loan Promissory Note with respect to the Equity Loan.

• The Member agrees to provide the Association with a completed and signed Equity Loan Promissory Note.

• The principal amount of the Equity Loan Promissory Note shall be the amount of the Equity Loan plus the administrative costs assessed by the Association for processing the Equity Loan.

More Definitions of Equity Loan

Equity Loan means any loan or loan stock made or, as the context may require, to be made available by the Singapore Shareholder or an Affiliate of the Singapore Shareholder to the Indonesian Shareholder pursuant to an Equity Loan Agreement.

Equity Loan means any loan secured by Partnership property (excluding a Mortgage Loan, Refinancing or a Supplemental Loan) for purpose of providing a return of, or a return on, the Partner's Capital Contribution as provided for in FmHA Regulations Section 1965.201 et seq., 42 U.S.C. Section 1485 (Equity Takeout Incentive Loan), as amended from time to time, or other loans approved by the FmHA and Limited Partner. The Equity Loan will not supersede the Mortgage Loan but will be an additional indebtedness on Partnership property. All Equity Loans must be approved by the FmHA and Limited Partner prior to funding of the Equity Loan. The Equity Loan funds shall be distributed as follows: (a) first, payment of pre-approved expenses (which must be commercially reasonable and substantiated) paid to non-Affiliated third parties (unless the Partners consent to the use an Affiliated party) for packaging the Equity Takeout Loan application and for locating and closing the Equity Takeout Loan; and (b) second, 50% to the Limited Partner and 50% to the General Partner.

Equity Loan means any loan secured in whole or in part by a first or subordinate lien on real estate and whose purpose is anything other than to purchase the secured real estate.

Equity Loan means the loan arranged by the Buyer under the Merry Maids Acquisition Agreement in order to fund the Corporate Capital Contribution of the Special General Partner hereunder.

Equity Loan means the loan incurred by the Issuer for the purpose of making an equity commitment in the Syvash Entities and interest thereon in an aggregate amount of approximately EUR 1,200,000.

Equity Loan shall have the meaning set forth in Section 8.2.

Equity Loan means any loan extended by Landlord to Tenant for working capital purposes pursuant to the terms of the Equity Loan Documents.