Loan finance charge definition

Loan finance charge means the sum of:
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Loan finance charge. Prime Rate plus 4.25%;
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Loan finance charge means the sum of the following:
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Examples of Loan finance charge in a sentence

  • Loan finance charge on consolidation.‌ (1) If a debtor owes an unpaid balance to a lender with respect to a consumer loan, refinancing, or consolidation, other than one made under Section 3-508B of this title, and becomes obligated on another consumer loan, refinancing, or consolidation with the same lender, the parties may agree to a consolidation resulting in a single schedule of payments.


More Definitions of Loan finance charge

Loan finance charge means a finance charge composed of the sum of:
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Loan finance charge means the sum of $400,000.00, which shall be paid to Lender as follows:
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Loan finance charge means the sum of money set forth on Exhibit "B" attached hereto and incorporated herein by reference, to be paid to Lender on the date hereof.
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Related to Loan finance charge

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.

  • Note Monthly Principal Distributable Amount means, with respect to any Payment Date, the Note Percentage of the Principal Distributable Amount for such Payment Date.

  • Class B Note Principal Shortfall means, as of the close of any distribution date, the excess of: • the Class B Noteholders’ Principal Distribution Amount on that distribution date, over • the amount of principal actually distributed to the class B noteholders on that distribution date.

  • Class A Note Principal Shortfall means, as of the close of any distribution date, the excess of: • the Class A Noteholders’ Principal Distribution Amount on that distribution date, over • the amount of principal actually distributed or allocated to the class A noteholders or deposited into the accumulation account on that distribution date.