Loan Units definition

Loan Units. A Reference Rate Loan Unit and a Eurodollar Rate Loan Unit (each a "Type" of Loan Unit).
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Loan Units means a unit of the Company issued pursuant to the prospectus, each consisting of one Common Share, one-half of one Series A Warrant and one-half of one Series B Warrant;
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Loan Units. A Prime Rate Loan and a LIBOR Rate Loan (each a “Type” of Loan Unit).
Sample 1

Examples of Loan Units in a sentence

  • Direct Loan Units must float throughout the Development unless the Development also contains public housing Units that will receive Operating Fund or Capital Fund assistance under Section 9 of the 1937 Act as defined in 24 CFR §5.100.

  • There is also the option for the customer to request a loan device whilst the unit is away for repair –see Loan Units section 6.

  • Immediately prior to the Effective Time, each MailKey Loan Unit Holder shall surrender to Acquiror for cancellation all certificates or agreements evidencing a MailKey Loan Unit and receive in exchange therefore the Acquiror Loan Units.

  • At the Effective Time, holders of the MailKey Loan Units (the "MAILKEY LOAN UNIT HOLDERS") shall be entitled to receive, in exchange therefore, loan units (the "ACQUIROR LOAN UNITS"; together with the Acquiror Capital Stock, Acquiror Warrants, and Acquiror Options, the "ACQUIROR SECURITIES") convertible into shares of Acquiror Common Stock, substantially on the terms of the Form of Loan Unit attached hereto as EXHIBIT 1.2(E).

  • Floating Direct Loan Units may only float among the Units as described in the Direct Loan Contract and Direct Loan LURA.

  • The balance of your funds available for withdrawal is always displayed in your personal dashboard on the TruePillars website.Funds will only be unavailable for withdrawal if they have been invested in Loan Units that are not yet fully repaid or if you have committed your fundsby making a bid in an auction that is still live.

  • The bedroom/bathroom/amenities and square footages for Direct Loan Units must be comparable to the bedroom/bathroom/amenities and square footages for the total number of Units in the Development based on the amount of Direct Loan funds requested as a percentage of total MFDL eligible costs.

  • The interest margin of 2% per annum is calculated on the value of the Borrower’s outstanding principal loan amount (and therefore the outstanding amount of corresponding Loan Units) and is deducted from interest received by TruePillars Lending.

  • The impact for members is demonstrated by the calculation below:If your Loan Units outstanding are $1000 and your successful Borrower Interest Rate was 10.0% per annum, you will effectively receive 8.0% per annum after the TruePillars margin is deducted.

  • The Trustee then allocates distributions of capital and interest to each member holding corresponding Loan Units.

Related to Loan Units

  • Common Units is defined in the Partnership Agreement.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • General Partner Units has the meaning assigned to such term in the Partnership Agreement.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.

  • public units means the state or a political subdivision or instrumentality of the state including a county, school corporation, special district, drainage district, unincorporated town or township, municipality, or municipal corporation or any agency, board, or commission of the state or a political subdivision; any court or public body; an electric power agency; federal and state grant moneys of a quasi-public state entity under Iowa Code section 12C.1, subsection (2e), and this chapter. Public units additionally include, but are not limited to:

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • OP Units means units of limited partnership interest in the Operating Partnership.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Trust Units means units of the Trust;

  • Offered Units shall have the meaning set forth in Section 11.1 hereof.

  • Initial Common Units means the Common Units sold in the Initial Offering.

  • Class B Units means the Class B Units of the Company.

  • Purchased Units means, with respect to a particular Purchaser, the number of Common Units equal to the aggregate Purchase Price set forth opposite such Purchaser’s name under the column titled “Purchase Price” set forth on Schedule A hereto divided by the Common Unit Price.

  • Residential Units means individually or collectively (as the context requires), any or all residential apartment unit(s) in the Project.

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • Junior Units means Common Units and any other equity securities that the Partnership may issue in the future ranking, as to the payment of distributions, junior to the Series A Preferred Units.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Class D Units has the meaning ascribed to such term in the LLC Agreement.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Class A Membership Interest means a Class A Membership Interest in Holdings.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.