Loan Term definition

Loan Term means the repayment period of the loan.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Loan Term means the term of this Loan Agreement provided in Sections 3.01 and 3.03 hereof and in Exhibit A-2 attached hereto and made a part hereof.

Loan Term means the term of this Loan Agreement provided in Sections 3.01 and

Examples of Loan Term in a sentence

Loan Term and Amortization Type Numeric – Integer 60 999 Always >0 N/A 30 First Payment Date of Loan The date of the first scheduled mortgage payment to be made by the borrower as specified on the mortgage note.
Loan Term and Amortization Type Numeric – Integer 360 999 Always >= 60 29 Original Term to Maturity The initial number of months between loan origination and the loan maturity date, as specified on the mortgage note.
Loan Term and Amortization Type Date 20090914 YYYYMMDD Always “19010101” if unknown N/A 31 Interest Type Indicator Indicates whether the interest rate calculation method is simple or actuarial.
Loan Term and Amortization Type Numeric – Integer 3 99 Always >= 0 40 Index Type Specifies the type of index to be used to determine the interest rate at each adjustment.
Loan Term and Amortization Type Numeric – Decimal 248951.19 9(10).99 Always >= 0 36 Current Interest Rate The interest rate used to calculate the current P&I or I/O payment.

Loan Term has the meaning set forth in the Table of Terms.

Loan Term means the period commencing on the Drawdown Date (inclusive) and ending on the Maturity Date (inclusive).

Loan Term means the period commencing on the date hereof and ending on the Maturity Date.

Loan Term means Sixty (60) months from the Closing Date

Loan Term means Sixty (60) months

Loan Term shall have the meaning set forth in Section 2.8 hereof.

Loan Term means the term of the Note from the date of the Note through and including the Maturity Date.