Loan share definition

Loan share means a share which has been pledged to the association by which issued as collateral security for the repayment of a loan to the owning member.
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Loan share means with respect to each of Norwest, First American, ---------- Rothschild and First Chicago, twenty-five percent.
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Loan share means a Share acquired by the exercise of an Option where the Exercise Price is funded with an Exercise Loan which has not been repaid in full in respect of that Share.
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Examples of Loan share in a sentence

  • Loan share planThe Company issues shares to Bio-Gene directors and key consultants under the Loan Share Plan (LSP).

  • Loan share basis: The Sum Assured will be split between the joint borrowers in the ratio of the loan as stated in the Membership Form.

  • Loan share reserveThe loan share reserve arises on the grant of loan shares.

  • Loan share planThe Company issues shares to Bio-Gene directors, executives and key consultants under the Loan Share Plan (LSP).

  • Because borrowers would need to be in Federal Direct loans to qualify, cost estimates assumed borrowers in FFEL loans would consolidate into Direct Loans, thus increasing Direct Loan share of the portfolio.

  • The Transport Facilities sub-component (US$5 million) was assigned a zero Loan share, but there was no plan for budgeting, implementation or monitoring.

  • Allocating Loan funds by varying Loan share according to Fiscal Capacity (FC) had the unintended consequence of High-FC Regions pulling out of the Project.

  • A single percentage for all regions should have been selected, and funds allocated by amounts, not by Loan share.

  • The greatest burden fell on those with 90% Loan share, namely the regions with weakest Financial Capacity.

  • Some older models have USB ports, but require factory hardware upgrades to operate as USB devices.


More Definitions of Loan share

Loan share means a Share subscribed for under this Plan, or to be subscribed for by the Borrower on the exercise of an Option under this Plan where the Issue price or the Exercise Price is funded in whole or in part with a Loan;
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Loan share means those Subscription Shares which have not become Excess Shares in accordance with clause 7A.4.4;
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Loan share means an amount equal to the product of (a) 5% and (b) a fraction, the numerator of which is 100 and the denominator of which is 95.
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Related to Loan share

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of either (i) 9.25% plus the prime rate as reported in The Wall Street Journal minus 3.50% and (ii) 9.25%.

  • Loan Fee shall have the meaning assigned in Section 5.1.

  • Loan Interest Rate means, as to any Loan, the annual rate of interest specified in the Loan.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Loan Rate for any Mortgage Loan and on any day means the per annum rate of interest applicable under the related Credit Line Agreement to the calculation of interest for the day on the Asset Balance of the Mortgage Loan.

  • Note Percentage means (i) for each Payment Date until the aggregate principal amount of each Class of Notes has been paid in full, 100%; and (ii) thereafter, 0%.

  • Tranche B Loan has the meaning specified in Section 2.01(b).

  • Loan Advance The meaning specified in Section 2.2(a).

  • Optional Purchase Percentage means 5%.

  • Initial Loan is defined in Section 2.1.

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Term Loan Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Senior Prepayment Percentage For any Distribution Date during the five years beginning on the first Distribution Date, 100%. The Senior Prepayment Percentage for any Distribution Date occurring on or after the fifth anniversary of the first Distribution Date will, except as provided herein, be as follows: for any Distribution Date in the first year thereafter, the Senior Percentage plus 70% of the Subordinated Percentage for such Distribution Date; for any Distribution Date in the second year thereafter, the Senior Percentage plus 60% of the Subordinated Percentage for such Distribution Date; for any Distribution Date in the third year thereafter, the Senior Percentage plus 40% of the Subordinated Percentage for such Distribution Date; for any Distribution Date in the fourth year thereafter, the Senior Percentage plus 20% of the Subordinated Percentage for such Distribution Date; and for any Distribution Date thereafter, the Senior Percentage for such Distribution Date (unless on any Distribution Date the Senior Percentage exceeds the initial Senior Percentage, in which case the Senior Prepayment Percentage for such Distribution Date will once again equal 100%). Notwithstanding the foregoing, no decrease in the Senior Prepayment Percentage will occur unless both of the Senior Step Down Conditions are satisfied.

  • Purchase Percentage means, with respect to any Purchased Asset, the applicable Maximum Purchase Percentage specified in Schedule 1 (or as otherwise specified in the applicable Confirmation), as adjusted in accordance with Schedule 1 (or as otherwise specified in the applicable Confirmation).

  • Original Loan-to-Value Ratio With respect to any Mortgage Loan, the ratio of the principal balance of such Mortgage Loan at origination, or such other date as is specified, to the Original Value of the related Mortgage Property.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Revolving Interest Rate means an interest rate per annum equal to (a) the sum of the Alternate Base Rate plus the Applicable Margin with respect to Domestic Rate Loans and (b) the sum of the Eurodollar Rate plus the Applicable Margin with respect to Eurodollar Rate Loans.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).