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 Lender does not have a Call Option.
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.
Examples of Fixed Term Loan in a sentence
With respect to any Open Loan and, to the extent that Lender has agreed to an Early Return Option in the applicable Loan Term Sheet for a Fixed Term Loan, any such Fixed Term Loan, Borrower may notify Lender during Business Hours of Borrower’s intent to return all or part of the applicable Loaned Currency prior to the Loan Termination Date or any Recall Request Day, as applicable, which notice shall specify the Loaned Currency to be returned and the contemplated Redelivery Day.
In connection with its exercise of an Early Return Option with respect to any Fixed Term Loan, Borrower shall be responsible for an early return penalty with respect to such Loaned Currency to the extent set forth in the applicable Loan Term Sheet.
More Definitions of Fixed Term Loan
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 $2,780,781.07.
Fixed Term Loan. ‟ means a type of loan that is repaid in regular payments over a set period of time;
Fixed Term Loan shall have the meaning given in Section 2.02(a) hereof.
Fixed Term Loan means a Loan with a pre-determined Loan Termination Date, where Lender has a Call Option, and, if agreed, Borrower has an Early Return Option, each of which may be exercised before the Loan Termination Date.