Loan Option definition

Loan Option shall have the meaning set forth in Section 5.1(g).
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Loan Option has the meaning set out in Section 2.3;
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Loan Option means the Payment Option described in paragraph 5.1(d).
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Examples of Loan Option in a sentence

  • Notwithstanding the foregoing, no Holder, as lender, shall exercise or be permitted to exercise the New Mezzanine Loan Option (as defined in the Loan Agreement).

  • In the case of the renewal of a Term Rate Loan Option at the end of an Interest Period, the first day of the new Interest Period shall be the last day of the preceding Interest Period, without duplication in payment of interest for such day.

  • For example, the repayment period for a fixed rate loan option based on the Three‐Year Fixed Rate (defined in Schedule A ‐ Fixed Rate Loan Option Rates attached to the Fixed Rate Loan Option ‐ Draw Request) will be thirty‐six months.

  • Notwithstanding anything to the contrary herein, Schedule A - Fixed Rate Loan Option Rates shall govern the fixed rate and determination of the corresponding ANNUAL PERCENTAGE RATE on each fixed rate loan option.

  • Notwithstanding anything to the contrary herein, Schedule A ‐ Fixed Rate Loan Option Rates shall govern the fixed rate and determination of the corresponding ANNUAL PERCENTAGE RATE on each fixed rate loan option.

  • For example, the repayment period for a fixed rate loan option based on the Three-Year Fixed Rate (defined in Schedule A - Fixed Rate Loan Option Rates attached to the Fixed Rate Loan Option - Draw Request) will be thirty-six months.

  • As to any Loans to which a Term Rate Loan Option applies (including on and after the Term RFR Transition Date with respect to any Currency, as to any RFR Loan denominated in such Currency), interest shall be due and payable on the last day of each Interest Period for those Loans and, if such Interest Period is longer than three (3) Months, also on the 90th day of such Interest Period.

  • There are two interest rate options for borrowings under the Facility, the Base Rate Loan Option and the Eurodollar Rate Loan Option.

  • Direct Loan Option 2 schools and grantees can redistribute drawn amounts between grant awards by making adjustments in G5 to reflect actual disbursements for each award as long as the net amount of the adjustments is zero.

  • If the Borrower fails to select a new Interest Period to apply to any Borrowing of Loans in Dollars under any Term Rate Loan Option at the expiration of an existing Interest Period applicable to such Borrowing in accordance with the provisions of Section 2.13(b), the Borrower shall be deemed to have selected an Interest Period of one (1) month, as applicable to Revolving Loans or Term Loans as the case may be, commencing upon the last day of the existing Interest Period.


More Definitions of Loan Option

Loan Option. Loan Option Conditions" 4.4(a) "Marker Validation Project Proposal" 2.8(b) "Market Analysis" Exhibit C "MBio/MPI Rights Exchange Agreement" 2.1(c) "Migrated Product" 4.6(b)(ii) "Milestone Achievement Date" 4.6 "Milestoned Program Diagnostic Product 4.6(b)(i) "Milestoned Program Pharmacogenomic Product 4.6(b)(i) "MPMx" Preamble "MPMx Indemnified Parties"
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Related to Loan Option

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • First Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • Option means a stock option granted pursuant to the Plan.

  • Second Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Renewal Option has the meaning set forth in §12.1.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Replacement Option has the meaning ascribed thereto in Section 2.2(c).

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Director Option means an Option granted pursuant to Section 6.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Term SOFR Advance means an Advance that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

  • Related Option means an Option with respect to which a Stock Appreciation Right has been granted.

  • Interest Option means LIBOR or the Reference Rate.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • SAR means a stock appreciation right granted under the Plan.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.