Examples of Loan Component in a sentence
In respect of consortium lending, the level of individual bank's share in Cash Credit and Loan Component shall be governed by the norm for single / group borrowers credit exposure.
However, the amounts so due and payable in respect of the Senior Demand Loan Component must only be satisfied by an in specie distribution of Mortgage Loan Rights to the Demand Loan Provider or its Nominee in accordance with the applicable Priority of Payments.
Repayment of Senior Demand Loan Component ranks senior provided that the Asset Coverage Test is metThe Demand Loan Provider is entitled to require repayment of any principal amount of the Demand Loan at any time by notice in writing to the Covered Bond Guarantor and the Trust Manager.
With respect to the Revolving Loan Component, a period beginning on the Effective Date and ending on the Final Maturity Date.
The Term Loan Component Note will mature on the Final Maturity Date, bear interest as provided in Section 2.3 and be otherwise entitled to the benefits of this Agreement.