Interest-bearing loan definition

Interest-bearing loan means a loan in which the debt is expressed as the principal amount and interest is computed, charged, and collected on unpaid principal balances outstanding from time to time.
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Interest-bearing loan means a loan in which the debt is
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Interest-bearing loan means a loan in which interest is charged upon the principal amount borrowed.
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Examples of Interest-bearing loan in a sentence

  • No agreements, representations or understandings ---------------- (whether oral or written, express or implied) which are not expressly set forth or referenced in this Agreement (including without limitation the Interest-Bearing Loan, the Interest Free Loan, the Change of Control Retention Agreement, the Symmetricom Executive Medical Plan) have been made or entered into by either party with respect to the subject matter hereof.

  • Company has loaned Executive the principal --------------------- amount of $400,000, with an interest rate of 6.0% (the "Interest-Bearing Loan"), and has agreed to forgive such principal and interest in four equal installments.

  • No agreements, representations or understandings ---------------- (whether oral or written, express or implied) which are not expressly set forth or referenced in this Agreement (including without limitation the Interest-Bearing Loan, the Interest Free Loan, the Change of Control Retention Agreement between Executive and Company, dated ________________, the Symmetricom Executive Medical Plan) have been made or entered into by either party with respect to the subject matter hereof.


More Definitions of Interest-bearing loan

Interest-bearing loan means a loan in which the debt is expressed as a principal amount plus interest charged on actual unpaid principal balances for the time actually outstanding.
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Interest-bearing loan means a loan in which interest
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Interest-bearing loan means a loan in which the debt 53
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Interest-bearing loan means a loan in which the debt is expressed as a principal amount plus interest charged on
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Interest-bearing loan means a loan in which the debt is expressed as the principal amount and interest is computed,
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Interest-bearing loan means the interest-bearing loan agreement, in the form of a loan, that each of the Initial Beneficiaries and each of the New Beneficiaries of Shares may enter into with SG in order to obtain the funding to be made available to the Company for the payment of taxes and of any contributions due as a result of the free of charge transfer in their favor of the property of the Shares and, for the Initial Beneficiaries only, of the Shares Additionally Assigned. As an alternative to the stipulation of the Interest-Bearing Loan agreement, each of the Initial Beneficiaries and each New Beneficiaries of Shares will have the right to sell part of the Shares and, limited to the Initial Beneficiaries, of the Shares Additionally Assigned in order to obtain the funding to be made available to the Company for the payment of taxes and any contributions due as a result of the free of charge transfer in their favor of the property of the Shares and, for the Initial Beneficiaries only, of the Shares Additionally Assigned.
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Related to Interest-bearing loan

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • Reference Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the Reference Rate.

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

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Floating Rate Advance means an Advance which, except as otherwise provided in Section 2.11, bears interest at the Floating Rate.

  • Floating Rate Interest Period means, during the Floating Rate Period, the period beginning on (and including) a Floating Rate Period Interest Payment Date and ending on (but excluding) the next succeeding Floating Rate Period Interest Payment Date; provided that the first Floating Rate Interest Period will begin on (and include) April 18, 2025 and will end on (but exclude) the first Floating Rate Period Interest Payment Date.

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

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Fixed Rate Interest Period means the period beginning on (and including) the Issue Date and ending on (but excluding) the first Fixed Rate Interest Payment Date, and each successive period beginning on (and including) a Fixed Rate Interest Payment Date and ending on (but excluding) the next succeeding Fixed Rate Interest Payment Date.

  • PPP Loan has the meaning set forth in Section 3.28.

  • LIBOR Loan means any portion of a Loan (other than a Base Rate Loan) bearing interest at a rate based on LIBOR.

  • Reset Interest Period means each period from (and including) any Reset Date and ending on (but excluding) the next Reset Date.

  • Domestic Rate Loan means any Advance that bears interest based upon the Alternate Base Rate.

  • Fixed Interest Period means the period from (and including) an Interest Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) Interest Payment Date; and

  • LIBOR Borrowing means a Borrowing comprised of LIBOR Loans.

  • LIBOR Rate Loan means a Loan that bears interest based on LIBOR.

  • Eurodollar Loan means any Loan which bears interest at a rate determined by reference to the Eurodollar Rate (Reserve Adjusted).