Loan Offer Letter definition

Loan Offer Letter means the sanction Letter issued by the Lender for sanctioning of the loan to the borrower containing all the terms and conditions on which the loan is offered by the lender to the borrower.
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Examples of Loan Offer Letter in a sentence

  • If at any time one or more of the terms and conditions of the Loan Offer Letter either becomes invalid, illegal or unenforceable in any respect under any law, the legality, validity, or enforceability of the remaining provisions will not in any way be affected or impaired thereby.

  • The Loan Offer Letter shall be governed and construed in accordance with the laws of Ireland.

  • In case the status of a jurisdiction changes after the date of the Loan Offer Letter, this change in status shall only be applicable on or after the date of such change.

  • The Borrower irrevocably agrees for the benefit of MFI that the courts of Ireland shall have jurisdiction to hear and determine any suit, action or proceeding, and to settle any disputes, which may arise out of or in connection with the Loan Offer Letter or its formation or validity, and, for such purposes, irrevocably submits to the exclusive jurisdiction of such courts.

  • The interest rate applicable to the Loan shall be as set out in the Loan Offer Letter.

  • The amount of the Loan shall not, when aggregated with the amount of principal committed by MFI to be available for utilisation by the Borrower under the original Loan Offer Letter and any other Loan Offer Letter, if any, exceed twenty five thousand euro (€25,000.00) in total.

  • Without prejudice to MFI’s rights under Schedule 4, paragraph 11, if at any time any provision, or part of any provision, of the Loan Offer Letter is or becomes illegal, unlawful, invalid or unenforceable in any respect, that shall not affect or impair the legality, lawfulness, validity or enforceability of any other provision of this Agreement, or as the case may be, the other part or parts of the provision concerned.

  • The rights and remedies provided in the Loan Offer Letter are cumulative and not exclusive of any rights or remedies provided by law.

  • Up to date searches against the Borrower and all other appropriate registries and public offices in any relevant jurisdiction (including the Central Exclusion Database which is operated under Commission Regulation (EC, Euratom) No. 1302/2008) have been performed for the period of five (5) years immediately prior to the date of the Loan Offer Letter, with the full discharge of all acts which the MFI requires to be discharged.

  • It is a condition of the Loan Offer Letter that the Borrower consents to the use by SFF of the Borrower’s name and non-financial details in any publication, promotional material issued by SFF, or in relation to any information sent to stakeholders, interested parties, media or members of the public by SFF.

Related to Loan Offer Letter

  • Extension Offer has the meaning specified in Section 2.15(a).

  • Loan Modification Offer has the meaning specified in Section 2.24(a).

  • Term SOFR Loan means a Loan that bears interest at a rate based on Term SOFR.

  • Initial Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Initial Term Loan Commitment. The aggregate amount of the Initial Term Loan Commitments as of the Closing Date is $820,000,000.

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Initial Term Lender means a Lender with an Initial Term Commitment or an outstanding Initial Term Loan.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Borrower Solicitation of Discount Range Prepayment Offers means the solicitation by the Borrower of offers for, and the corresponding acceptance by a Term Lender of, a voluntary prepayment of Term Loans at a specified range at a discount to par pursuant to Section 2.09(a)(ii)(C).

  • Repayment Agreement means an agreement

  • Incremental Term Loan Assumption Agreement means an Incremental Term Loan Assumption Agreement in form and substance reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Incremental Term Lenders.

  • Term SOFR Rate Loan means a Loan made hereunder with respect to which the interest rate is calculated by reference to Term SOFR (other than a Loan for which clause (c) of the definition of Base Rate is used to determine Base Rate).

  • Commitment Increase Agreement has the meaning assigned to such term in Section 2.20.

  • Commitment Agreement means the written agreement that may be required at EDTI’s sole discretion between a Customer and EDTI whereby the Customer both authorizes the design and construction of new or expanded Facilities and agrees to pay all cancellation costs if the project is cancelled or if the Customer fails to sign an Electric Service Agreement prior to the energization of the new or expanded Facilities;

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).

  • Pro Rata Extension Offers shall have the meaning assigned to such term in Section 2.21(e).

  • Initial Revolving Loan means a Revolving Facility Loan made (i) pursuant to the Revolving Facility Commitments in effect on the Closing Date (as the same may be amended from time to time in accordance with this Agreement) or (ii) pursuant to any Incremental Revolving Facility Commitment on the same terms as the Revolving Facility Loans referred to in clause (i) of this definition.

  • Term SOFR Advance means an Advance denominated in Dollars which, except as otherwise provided in Section 2.11, bears interest at the Adjusted Term SOFR Rate.

  • Borrower Solicitation of Discounted Prepayment Offers means the solicitation by any Company Party of offers for, and the subsequent acceptance, if any, by a Lender of, a voluntary prepayment of Term Loans at a discount to par pursuant to Section 2.05(a)(v)(D).

  • Term SOFR Borrowing means, as to any Borrowing, the Term SOFR Loans comprising such Borrowing.

  • Consent Solicitation has the meaning set forth in Section 6.15(b).

  • Original Facility Agreement means the facility agreement dated 19 December 2018 and made between, amongst others, (i) the Borrower, (ii) the Lenders, (iii) the Mandated Lead Arrangers, (iv) the Facility Agent and the SACE Agent and (v) the Security Trustee.

  • Restricted Amendment means the following: (A) an amendment of Specification 1, (B) except to the extent addressed in Section 2.10 hereof, an amendment that specifies the price charged by Registry Operator to registrars for domain name registrations, (C) an amendment to the definition of Registry Services as set forth in the first paragraph of Section 2.1 of Specification 6, or (D) an amendment to the length of the Term.

  • Extended Revolving Commitment shall have the meaning assigned to such term in Section 2.19(a).

  • Consent Solicitation Statement means the consent solicitation statement issued on June 15, 2020 by Odebrecht Engenharia e Construção S.A., among others.

  • Proposed Amendments means any consequential or related amendments to certain terms of the Note Standard Conditions (as defined in the Note Programme Memorandum), the Series Specific Provisions (as defined in the Standard Interpretation Provision (being Clause 1 of the Standard Provisions Document)), as set out in the Note Issue Supplement in relation to the Series Portfolio Services Agreement and the Series Liquidity Facility Agreement, certain other terms of the Series Liquidity Facility Agreement, the Series Mortgage LIBOR Hedge Agreement, the Series Currency Ab Hedge Agreement, the Series Currency Ac Hedge Agreement, the Series Currency Cb Hedge Agreement, the Series Currency Db Hedge Agreement and the Series Currency Eb Hedge Agreement (each as defined in the Note Issue Supplement), to effect the transition from LIBOR to Compounded Daily SONIA as more fully described in the Amendment Deed; and 11. agree that capitalised terms in this document where not defined herein shall have the meanings given to them in the Consent Solicitation Memorandum (a copy of which is available for inspection as referred to in the Notice)." In Respect of the EUR 28,000,000 Class Db Notes due June 2039