Float loan definition

Float loan or “interim financing” means a short-term loan (maximum of 30 months) from obligated but unexpended funds.
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Float loan means a short-term loan (maximum of 30 months) from obligated but unexpended CEBA funds.
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Float loan or “interim financing” means a short-term loan (maximum of 30 months) from ob- ligated but unexpended funds.
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Related to Float loan

  • 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.

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

  • ▇▇▇▇▇▇▇▇ Loan means a Subsidized ▇▇▇▇▇▇▇▇ Loan or an Unsubsidized ▇▇▇▇▇▇▇▇ Loan.

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

  • Wet Loan means a Purchased Loan originated and owned by the Seller immediately prior to being purchased by the Buyers: