Loan Grant Date definition

Loan Grant Date means the date by which the Loan is to be granted by the bank or financial institution concerned, as set out in item 3.5.4 of the Transaction Schedule;
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Loan Grant Date. The date on which the Current Account is credited with the Loan Principal.
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Examples of Loan Grant Date in a sentence

  • If the Suspensive Condition is not fulfilled on or before the Loan Grant Date, then this Agreement shall lapse and be of no further force or effect.

  • Prior to the Loan Grant Date, the Parties may agree in writing to extend the Loan Grant Date to a later date.

  • If the Repayment Schedule does not reach us within 30 days of the Loan Grant Date, we undertake to notify the Bank of this in writing.

  • The Loan Principal will bear interest in accordance with the calculations of the Bank and [such interest] will be charged starting from the Loan Grant Date, as stated in this Application below, on the dates set forth in the Repayment Schedule.

  • The Purchaser is entitled by written notice to the Seller to be received by the Seller before the Loan Grant Date or the Extended Loan Grant Date or the Further Extended Loan Grant Date, whichever is applicable, to waive compliance with the Suspensive Condition, whereupon the Suspensive Condition shall be deemed to have been fulfilled.

  • Notwithstanding 4.2(b), the Purchaser is entitled by written notice to the Seller to be received by the Seller before the Loan Grant Date to waive compliance with the Suspensive Condition, whereupon the Suspensive Condition shall be deemed to have been fulfilled.

  • Details of the Term of the Loan, the amounts of the installments for repayment of the Loan and the dates of repayment of the Loan Principal and the Interest, will be included in a repayment schedule that is attached to this Application or that will be sent to us by the Bank shortly after the Loan Grant Date (hereinabove and hereinafter: the “Repayment Schedule”).

  • As from the Loan Grant Date, all of the terms and provisions of the Loan Documents will apply to the Loan, including the calculation of interest in respect of, and in connection with, the Loan (hereinabove and hereinafter: the “Loan”).

  • For the purpose of determining the amount of the handling fee, the Principal will be calculated in New Israeli Shekels in accordance with the Buying Rate Prevailing at the Bank for the Loan Currency (but without deducting any exchange fee, tax, levy or mandatory or other payments and the like) that applies on the Loan Grant Date.

  • The amount of the handling fee that is presented above may vary if there is a change in the Fee List of the Bank or in the aforementioned exchange rate between the date of the making of this Application and the Loan Grant Date.