Long Term Loan definition
Examples of Long Term Loan in a sentence
The Joint Meeting covenants and agrees that it shall undertake and complete in a timely manner all conditions precedent identified by the I-Bank relating to (i) the participation by the Local Unit in the Anticipated Financing Program and (ii) the qualification by the Local Unit for receipt of the Anticipated Long Term Loan.
Estimate the subsidy cost of the Long Term Loan, which equals the expected cash flows associated with the loan discounted at Recipient’s cost of funding.
No Short Term Loan or Long Term Loan has been obtained by or granted to the Company pursuant to or because of any misrepresentation or non-disclosure of the Company or any Target Group Member and all applicable Laws and requirements and conditions of all Government Authorities have been complied with in connection with the application for and granting of all Long Term Loans and Short Term Loans.
In the event Requester has proposed a long term loan of human anatomical material, Requester agrees to sign and abide by the Anatomy Bequest Program Human Anatomical Material Long Term Loan Policy.
If Recipient has adopted the Current Expected Credit Loss (CECL) standard issued by the Financial Accounting Standards Board, it may calculate the cost of the Long Term Loan as equal to the CECL-based expected credit losses over the life of the loan.