Examples of Loan Allocation in a sentence
The OPEC Fund’s General Conditions define eligible expenditures as the reasonable cost of goods, works and services required for the project to be financedout of the loan proceeds and procured in accordance with Schedules I and II (Description of the Project and Loan Allocation) of the relevant Loan Agreement and during the loan disbursing period.
On the Required Release Date, Borrower shall repay in full the amount of the Loan advanced with respect to such Property, as determined by Lender as of such date, such amount to be not less than the full amount of the Loan Allocation disbursed for such Property regardless of whether all conditions to a Partial Release (as defined in Paragraph 20(b)) below) are satisfied with respect to such Property.
Baktır- Assistant General Manager for MarketingMusa Arda- Assistant General Manager for Loan Allocation and Management Alpaslan Çakar- Assistant General Manager for Retail BankingM.
The proceeds of the Loan shall be used by Borrower to pay the cost of the construction of the Improvements on the Land, and other costs regarding the Property if and to the extent that such costs are specifically provided for in the Loan Allocation column in the Budget.
Loans that are Eligible Required Retention Loans shall be allocated to Bank in accordance with the Required Retained Loan Allocation Methodology at the time the Borrower under any such Loan achieves credit approval.