Loan Charges definition

Loan Charges means, in relation to any borrowed moneys, the sums required for the payment of interest on those moneys and for the repayment thereof either by instalments or by means of a sinking fund.
Loan Charges shall have the meaning set forth in Section 9.13.
Loan Charges means all costs and expenses incurred by Borrower or Lender in connection with the Loan, including, but not limited to, commitment fees paid to Lender, brokerage fees, interest charges, service fees, document preparation expenses, title and conveyancing charges, recording and filing fees and taxes, mortgage or registration taxes, escrow fees, revenue and tax stamp expenses, real estate taxes, special assessments, insurance premiums (including title insurance premiums), utility charges, finder’s fees, placement fees, surveyor fees, photographer fees, appraiser fees, architect fees, travel expenses incurred by Lender in connection with inspections of the Mortgaged Property, accountants’ fees and attorneys’ fees (including Lender’s attorneys’ fees and legal expenses incurred in connection with the preparation, administration or enforcement of the Loan Documents). Loan Charges also means all costs and expenses incurred by Borrower or Lender with respect to the prosecution or defense of any action or proceeding or other litigation affecting Borrower, the Mortgaged Property or any other security given for the Loan.

Examples of Loan Charges in a sentence

  • Punctually pay all principal, interest, fees, Loan Charges and other liabilities due under any of the Loan Documents at the times and place and in the manner specified therein, and immediately upon demand by Lender, pay the amount by which the outstanding principal balance of any credit advanced under this Agreement exceeds any applicable limitation on borrowings.

  • Loan Charge(s): Amounts due during a billing period from a Customer to a Participating Lender for an Eligible Loan, including any interest, late fees, late payments, and any other fees as calculated by the Participating Lender pursuant to the Loan Agreement.

  • If Utility service was disconnected due to non-payment of Utility Charges or Loan Charges, service shall be reconnected if required to comply with Bankruptcy Law provided the Customer complies with Rule11.

  • In tandem with this the Policy & Resources Committee approved a Loan Charges repayment Policy in 2019 which extended the write off period for some classes of capital work.

  • Note 2 - Loan Charges account reduced by £400,000 to reflect reduction in Interest rates, off-set by £400,000 reduction in Internal Interest within P&R budget.

  • DEFINITIONS (Continued) N Loan Agreement: An agreement between a Customer and a Participating Lender to finance Customer’s purchase and installation of Qualified Measures at Customer’s Premise and recover the Loan Charges through On-Bill Repayment.

  • These are partly offset by an overachievement (£1m) of Loan Charges Grant which is calculated on the estimated levels of useable capital receipts.

  • At present there is no confirmation for years 2014/15 and onwards.c) Loan Charges Movement – Figures reflect latest figures resulting from October 2012 review.

  • You agree to pay the Loan Charges along with the other charges in your utility bill by the due date for payment of the utility bill.

  • If on the Proration Date, Loan Charges with respect to any period from and after the Proration Date shall have been paid, the amount equal to such prepaid Loan Charges shall be deemed to be a Prepaid Expense.


More Definitions of Loan Charges

Loan Charges means any and all principal, interest and other charges and fees payable by you in connection with your loan, as determined by Lender, including fees or late or deficient payments.
Loan Charges means any and all principal, interest and other charges and fees payable by you in connection with your loan, as determined by MCE or its authorized representative(s), including fees for late or deficient payments.
Loan Charges means the total of all charges made in connection with a loan except for insufficient funds charges authorized by section -11 and default charges authorized by section -4(i).
Loan Charges means the total of all charges made in connection with a loan except for insufficient funds fees authorized by -11 and default charges authorized by -4(j).
Loan Charges means the total of monthly maintenance fees,
Loan Charges shall have the meaning set forth in Error: Reference source not found.

Related to Loan Charges

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Finance Charges means, with respect to a Contract, any finance, interest, late payment charges or similar charges owing by an Obligor pursuant to such Contract.