Loan Approval Date definition

Loan Approval Date means the date by which the financial institution to whom application has been made on behalf of the purchaser for a mortgage loan, issues a quotation as referred to in terms of Section 92 of the National Credit Act 34/2005.
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Loan Approval Date means the date stated in Schedule Item 14 by which the Owner must obtain Loan Approval.
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Loan Approval Date. Buyer shall promptly furnish all information and shall cooperate with Seller in Seller’s direct communication with Lender. Buyer shall pay any (i) processing fees and expenses, (ii) application fees, (iii) Lender’s attorney fees and (iv) assumption fee imposed by Lender (up to 1% of the unpaid principal balance of the Existing Loan as of the Closing Date (the “Buyer Assumption Fee Cap”) and Seller shall be obligated to pay any amounts in excess of the Buyer Assumption Fee Cap) when due (collectively, the “Assumption Fees”). This obligation to pay the Assumption Fees shall survive closing or termination of this Agreement. Any deposits, reserves, escrows, holdbacks and/or similar amounts held by Lender in connection with the Existing Loan Documents shall be credited back to Seller at Closing and Buyer shall be responsible for replacing at Closing, such amounts as required by Lender. In connection with the Loan Assignment, the parties will endeavor in good faith to fully negotiate a definitive assignment and assumption agreement in a form and substance satisfactory to Buyer and Lender, which shall include, without limitation, the following (collectively, the “Loan Assumption Agreement”):
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Examples of Loan Approval Date in a sentence

  • ACH Routing Transit # : ACH Account Number # :LOAN INFORMATION SUMMARY Loan Approval Date: Loan Balance at time of Default Initial Disbursement Date: Date of Transfer to Liquidation*:Recoveries from Account Offset Recoveries from Agency Approved OICDate of Default: Total Recovery from liquidation of collateral/litigation Scheduled Monthly Pmt.

  • Unless theBuilding Owner notifies the Builder within three Business Days of the Loan Approval Date that the Lender has refused to approve the loan, this contract will cease being conditional upon loan approval.

  • Unless theContract Details state otherwise, this contract is conditional upon the Lender approving, on or before the Loan Approval Date, a loan to the Building Owner for the purposes of this contract of an amount that is not less than the amount stated for that purpose in the Contract Details.

  • The district has fully exhausted all eligible statutory spending authority and must increase the base budget in the amount of $66,993 for the purpose of purchasing new science supplies.

  • If the Contract is subject to Loan Approval then by the Loan Approval Date the Owner must give the Contractor written confirmation from the Lender or other written evidence satisfactory to the Contractor of the Owner’s capacity to pay the Total Price.

  • The necessity of a joint approach is intensified by the environ- mental problems being frequently linked to conflicts or external displacement of popula- tions.

  • If BUYER has used reasonable diligence and has not obtained Loan Approval, BUYER shall be refunded all Deposits, provided BUYER, by no later than the Loan Approval Date, provides written notice to SELLER that BUYER has not obtained Loan Approval and has elected to terminate this Agreement.

  • If, on or before the Loan Approval Date, the Owner gives the Contractor written notice that the Owner has not obtained Loan Approval on terms satisfactory to the Owner, this Contract is at an end.

  • After National review of toolkit and approval by the appropriate District authority, complete the Loan Approval Date and Approval Authority sections.

  • Within threeBusiness Days after the Loan Approval Date, the Building Owner must give to the Builder a notice stating whether the Lender has approved or refused to approve the loan.


More Definitions of Loan Approval Date

Loan Approval Date means the date stated in Schedule Item 13 by which the Owner must provide the Contractor with written evidence in accordance with Condition 6.1.
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Loan Approval Date shall have the meaning given to such term in Section 24(c) hereof.
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Loan Approval Date means the date on which Lender shall have unconditionally consented to the assignment and assumption of the Loan to Buyer and shall have executed and delivered to Escrow Holder the Assignment, Assumption and Consent Agreement. 1.31 "Loan Assumption Fee" means the sum of Forty One Thousand One Hundred Twenty and no/100 Dollars ($41,120.00) to be paid to Lender, through Escrow Holder, subject to the terms and conditions provided herein.
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Loan Approval Date means the date when the respective retail loan or housing loan agreement becomes effective;
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Related to Loan Approval Date

  • Approval Date means the date on which the Plan is approved by the Company’s stockholders.

  • Application Approval Date means the date that the Application is approved by the Board of Trustees of the District and as further identified in Section 2.3.B of this Agreement.

  • Preliminary Approval Date means the date the Preliminary Approval Order has been executed and entered by the Court.

  • Non-Approval Event means, in respect of the Benchmark:

  • Final Approval Date means the date on which the Court enters the Final Order and Judgment.

  • Shareholder Approval Date means the date on which this Plan is approved shareholders of the Company eligible to vote in the election of directors, by a vote sufficient to meet the requirements of Code Sections 162(m) (if applicable) and 422, Rule 16b-3 under the Exchange Act (if applicable), applicable requirements under the rules of any stock exchange or automated quotation system on which the Shares may be listed on quoted, and other laws, regulations and obligations of the Company applicable to the Plan.

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Stockholder Approval Date means the date on which Stockholder Approval is received and deemed effective under Delaware law.

  • HSR Approval means expiration of all applicable waiting periods under the HSR Act (including any voluntary agreed extensions) or earlier termination thereof.

  • Disclosure Statement Approval Order means the Final Order approving, among other things, the adequacy of the Disclosure Statement pursuant to section 1125 of the Bankruptcy Code.

  • First Amendment Closing Date has the meaning assigned to such term in the First Amendment.

  • Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Outside Completion Date shall have the meaning assigned to such term in Section 6.3(d).

  • Approval Letter means the letter from WRAS to the Applicant confirming the grant of WRAS Approval in respect of a Product;

  • Additional Closing Date has the meaning set forth in Section 3.

  • Second Amendment Closing Date has the meaning assigned to such term in the Second Amendment.

  • Second Closing Date means the date of the Second Closing.

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Approval Notice means, with respect to any Eligible Loan Asset, the written notice, in substantially the form attached hereto as Exhibit A, evidencing the approval by the Agent, in its sole discretion, of the conveyance of such Eligible Loan Asset by the Transferor to the Equityholder pursuant to the terms of the First Tier Purchase and Sale Agreement and by the Equityholder to the Borrower pursuant to the terms of the Second Tier Purchase and Sale Agreement and the Assignments by which the Transferor effects such conveyance.

  • Preliminary Approval means the Court’s Order Granting Preliminary Approval of the Settlement.

  • Term Start Date has the meaning set forth in Section 1.01.

  • Third Amendment Closing Date has the meaning assigned to such term in the Third Amendment.

  • Preliminary Approval Order means the proposed Order Granting Preliminary Approval of Class Action Settlement, Approving Form and Manner of Notice, and Setting Date for Hearing on Final Approval of Settlement, which, subject to the approval of the Court, shall be substantially in the form attached hereto as Exhibit A.

  • Project Completion Date means the date on which the Completion Certificate is issued;

  • Loan Closing means the date on which an executed Loan Agreement between the Trust and a Borrower is delivered pursuant to this Bond Resolution.