Loan Advice definition

Loan Advice means the confirmation issued by the Bank to the Borrower in relation to the Loan; and
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Loan Advice means the confirmation issued by the Bank to
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Examples of Loan Advice in a sentence

  • The Bank shall confirm the approved loan tenor 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.

  • 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 rate at which each Fixed Rate Loan shall bear interest, and the maturity of such Loan, will be specified in the relevant Loan Advice.

  • 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.

  • Each Loan Advice shall be conclusive and binding upon the Customer, absent manifest error, unless the Customer otherwise notifies the Bank in writing no later than the close of business, Los Angeles time, on the business day on which the Loan Advice is received by the Customer, in the case of an asserted error in the rate of interest on a Fixed Rate Loan, or on the third business day thereafter in any other case.

  • The date and amount of each Loan made hereunder and the fixed rate or floating rate basis on which interest is to accrue thereon until maturity as well as the maturity in the case of each Fixed Rate Loan (as defined in paragraph III(a)), shall be set forth in a written loan advice to be delivered to the Customer by the Bank (a "Loan Advice").

  • 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.

  • The specific interest rate confirmed in the Loan Advice [and/or OD Statement] by the Bank is calculated on the basis of BLR for a year of three hundred and sixty (360) days.

  • If there is any inconsistency between the Loan Advice and the Drawdown Notice regarding the applicable interest rate, the Loan Advice shall prevail.

Related to Loan Advice

  • investment advice means the provision of personal recommendations to a client, either upon its request or at the initiative of the investment firm, in respect of one or more transactions relating to financial instruments;

  • Legal Advice as used herein shall be solely and exclusively limited to the advice provided by legal counsel stating legal rights, duties, liabilities and defenses and shall not include factual information or the formulation or analysis of business strategy.

  • DRS Advice means a Direct Registration System (DRS) advice;

  • Allotment Advice means a note or advice or intimation of Allotment sent to the successful Bidders who have been or are to be Allotted the Equity Shares after the Basis of Allotment has been approved by the Designated Stock Exchange;

  • Medical Advice means any consultation or advice from a Medical Practitioner including the issue of any prescription or follow up prescription.