Examples of Loan Advice in a sentence
If your Loan Application is approved and the Loan is disbursed, a Loan Advice will be sent to you by post or courier to your Address, or by any other method of electronic communication approved by ADCB from time to time, including email, fax, SMS, telephone, secure messaging or via Electronic Banking.1.3 What if you are an ADCB employee?ADCB may, in its sole discretion, offer staff members and employees preferential rates and terms from time to time.
If your Loan Application is approved and the Loan is disbursed, a Loan Advice will be sent to you by post or courier to your Address, or by any other method of electronic communication approved by ADCB from time to time, including email, fax, SMS, telephone, secure messaging or via Electronic Banking.
You can only use a Loan for the purposes set out in your Loan Application, as may be varied as set out in a Loan Advice.
The rate of interest applicable to the Loan shall be specified in the application form and confirmed in the Loan Advice.
All Fixed Rate Loans shall mature, and shall be repaid in full, at the end of the term specified in the relevant Loan Advice.
If the relevant EIBOR/ or any Alternative benchmark rates notified by ABK has changed on the processing date, your interest rate will be changed on and from that date to reflect this, subject to a minimum interest rate per annum as specified in the Offer Letter or the Loan Advice or in the Loan Application or any other Loan document or as advised by ABK.
If no successor Warrant Agent accepts the engagement hereunder by such time, the Company shall act as Warrant Agent and, at such time, the former Warrant Agent shall, conditioned upon receiving a receipt therefore and a release from the Company of its obligations hereunder, deliver and transfer to the Company any property at the time held by it hereunder and execute and deliver any further assurance, conveyance, act or deed necessary for the purpose.
If there is any inconsistency between the Loan Advice and the Drawdown Notice regarding the applicable interest rate, the Loan Advice shall prevail.
Any Loan or other Obligation for which no interest has been stated in the relevant Loan Advice or other documentation shall, unless otherwise agreed by the parties in writing, bear interest at the same rates as, and for all purposes of this Agreement and the Note shall be treated as, a Floating Rate Loan.
The Bank and the Company agree that each Drawdown Notice and Loan Advice [and/or OD Statement] contemplated hereunder together with this Agreement will constitute a credit agreement between the Bank and the Company.