Fixed Term Loan definition

Fixed Term Loan means a Loan with a pre-determined Maturity Date, where Borrower does not have a Prepayment Option and Customer does not have a Call Option.
Fixed Term Loan means the existing Loan incorporated into this Agreement pursuant to Subsection 1.1(B)(ii) in an outstanding principal amount as of the date hereof of $7,957,578.88.
Fixed Term Loan shall have the meaning given in Section 2.02(a) hereof.

Examples of Fixed Term Loan in a sentence

  • In this regard, all the loans and advances are grouped into four categories for the purpose of classification, namely (i) Continuous Loan, (ii) Demand Loan, (iii) Fixed Term Loan and (iv) Short-term Agricultural and Micro Credit.

  • To the extent the rules of the Third Party Flow Provider contain so such providesions, the relevant Clearing Members may, during the term of Securities Lending Transactions, at any time agree on an amendment of the Loan Information (including the reduction or the extension of the term of a Fixed Term Loan).

  • A Continuous Loan, Demand Loan, Fixed Term Loan or any installment(s)/part of installment(s) of a Fixed Term Loan which will remain past due/overdue for a period of 09 (nine) months or beyond but less than 12 (twelve) months, the entire loan will be put into the "Doubtful (DF)".

  • A Continuous loan, Demand loan, Fixed Term Loan or any installment(s)/part of installment(s) of a Fixed Term Loan which will remain past due/overdue for a period of 12 (twelve) months or beyond, the entire loan will be put into the "Bad/Loss (B/L)" Loans have to be treated as defaulted loan as per section 5(GaGa) of the Banking Companies Act, 1991 and to be reported accordingly as per formats given in BRPD Circular No.08 dated August 02, 2015.

  • If any uncertainty or doubt arises in respect of recovery of any Continuous Loan, Demand Loan or Fixed Term Loan, the same will have to be classified on the basis of qualitative judgement be it classifiable or not on the basis of objective criteria.

  • All loans and advances will be grouped into four (4) categories for the purpose of classification, namely- (a) Continuous Loan (b) Demand Loan (c) Fixed Term Loan and (d) Short-term Agricultural & Micro- Credit.

  • For this purpose, all loans and advances are grouped into four (4) categories, namely- (a) Continuous Loan (b) Demand Loan (c) Fixed Term Loan and (d) Short-term Agricultural & Micro Credit.

  • In case of any installment(s) or part of installment(s) of a Fixed Term Loan amounting up to Tk 1 million is not repaid within the due date, the amount of unpaid installment(s) are treated as “past due or overdue installment”.

  • The loans, which are repayable within a specific time period under a specific repayment schedule, will be treated as Fixed Term Loan.

  • IncomeActualIncome (LCH as sucessor to Oncore)£ 6,600.00ONCORE Ltd£ 361.00ONCORE 2£ 250.00Cosy Homes Oxfordshire£ 1,000.00International Tree Foundation£ 592.00Strategy: COHSAT£ 1,510.00Voluntary£ 1,711.00Total£12,024.00The second tranche of grant income for the COHSAT Project is due in 2020.


More Definitions of Fixed Term Loan

Fixed Term Loan means a loan of Loaned Products for use in multiple surgical procedures for an agreed fixed period specified in the Agreement Specified Terms, or if not so specified, the period stated in Clause 9.5(b) below;
Fixed Term Loan means a Loan with a pre-determined Maturity Date, where Borrower does not have a Prepayment Option and Lender does not have a Call Option.

Related to Fixed Term Loan

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

  • New Term Loan shall have the meaning provided in Section 2.14(c).

  • 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.

  • Base Rate Term Loan means a Term Loan that is a Base Rate Loan.

  • Tranche B Term Loan as defined in Section 2.1.

  • Extended Term Loans has the meaning specified in Section 2.15(a).

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Additional Term Loan has the meaning specified in Section 2.01(c).

  • Tranche C Term Loan as defined in Section 2.1.

  • Original Term Loans means the "Term Loans" under, and as defined in, the Original Credit Agreement.

  • LIBOR Term Loan means any Term Loan bearing interest at a rate determined by reference to the LIBOR Rate.

  • Initial Term Loans means the term loans made by the Lenders on the Closing Date to the Borrower pursuant to Section 2.01(a).

  • New Term Loans as defined in Section 2.24.

  • Additional Term Loans means any term loan added pursuant to Section 2.22, 2.23 or 9.02(c)(i).

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Replaced Term Loans has the meaning assigned to such term in Section 9.02(c).

  • Tranche A Term Loan as defined in Section 2.1.

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

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

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.

  • Tranche A Term Loans means Loans made by the Tranche A Term Lenders pursuant to Section 2.01(a).

  • Replacement Term Loans has the meaning specified in Section 10.01.