Individual Loan definition

Individual Loan means a loan made by a Lender respectively pursuant to this Agreement.

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Individual Loan means a loan made by the Lender respectively pursuant to the Drawdown Request.

Individual Loan means a loan made by the Lender pursuant to a Drawdown Application.

Examples of Individual Loan in a sentence

• If the Individual Loan that the Lender decided not to make pursuant to Section 7.1 was to be a Refinancing Loan, the Borrower shall pay in accordance with the provision of Section 14 the amount equivalent to the principal of the applicable Refinanced Loan owed to the Lender.

• The Borrower shall be responsible for any damages, losses or expenses incurred by the Lender as a result of the failure to make the Individual Loan by the Lender.

• The Borrower shall pay interest on each Individual Loan to the Lender on the Due Date, in accordance with the provision of Section 14, in an amount equal to the principal amount of such Individual Loan of the Lender, multiplied by (i) the Applicable Interest Rate and (ii) the actual number of days of the Loan Term, and then divided by 365.

• When the Loan is made pursuant to Section 6.1 or 6.2, the Borrower shall send to the Lender a written receipt describing the amount of the Loan and the specifics of the Individual Loan.

• The Lender shall have a right to refuse to make the Individual Loan (including the Refinancing Loan) for any reason in its sole and absolute discretion during the Term of this Agreement.

More Definitions of Individual Loan

Individual Loan means the loan in connection with an Individual Advance.

Individual Loan means the Allocated Loan Amount identified with an Individual Property as set forth on Exhibit A attached hereto and by this reference made a part hereof.

Individual Loan refers to a loan executed by respective Lenders based on the same Loan Application Form;

Individual Loan means a loan made by each Lender pursuant to its Lending Obligation under Article 2.2.

Individual Loan means a loan transaction to be made respectively for each Tranche pursuant to this Agreement.

Individual Loan. Means the loan transactions made by each Lender pursuant to the Drawdown Notice.

Individual Loan means collectively, the Individual Loan A and Individual Loan B.