Previous Loan definition

Previous Loan means the outstanding Home Loan to be refinanced through the proceeds of the new Home Loan made to the same borrower. A loan is a Previous Loan even though there is not complete identity between the obligors on the Previous Loan and the new home loan, so long as at least one borrower is obligated on both the previous Home Loan and the new Home Loan. See § 3.4(A)(19)(g) of this Part.
Previous Loan has the meaning set forth in the Recitals hereto.
Previous Loan the loan provided by the Group to Mr. Pan Kaitai amounting to approximately US$72,000 pursuant to the loan agreement entered into in 2023 for the purpose of subscription of interests in the Share Incentive Platforms pursuant to the Subsidiary Share Incentive Scheme “RMB” Renminbi, the lawful currency of the PRC “Share(s)” ordinary shares of US$0.01 each in the share capital of the Company “Shareholder(s)” holder(s) of the Share(s) of the Company “Share Incentive Platform(s)” three limited partnerships established and registered in the PRC, the general partner of all three partnerships is Xxxxxxx Xxxxxxxx: (i) Tianjin Chengrui Optical Investment Partnership (Limited Partnership)* (天津誠瑞光投資合夥企業(有限合夥)), formerly named as Tianjin Chengrui Optical Technology Partnership (Limited Partnership)* (天津誠瑞光科技合夥企業(有限合夥)), (ii) Tianjin Ruitai Optoelectronics Investment Partnership (Limited Partnership)* (天津瑞泰光電投資合夥企業(有限合夥)) and, formerly named as Tianjin Ruitai Optoelectronics Technology Partnership (Limited Partnership)* (天津瑞泰光電科技合夥企業(有限合夥)), and (iii) Tianjin Ruicheng Optical Investment Partnership (Limited Partnership)* (天津瑞成光投資合夥企業(有限合夥)), formerly named as Tianjin Ruicheng Optical Technology Partnership (Limited Partnership)* (天津瑞成光科技合夥企業(有限合夥))

Examples of Previous Loan in a sentence

  • In the event of any discrepancy between this Agreement and the Previous Loan Agreement, this Agreement shall prevail to the extent of the discrepant provisions.

  • In the event of any discrepancy between this Agreement and any Previous Loan Agreement, this Agreement shall prevail to the extent of the discrepant provisions.

  • Further on 18 August 2016, Qijun Investment entered into an agreement (the “Capital Injection Agreement”) with Chengfu Investment and the equity holders of Chengfu Investment pursuant to which Qijun Investment shall capitalise a sum equivalent to the aggregate amount of the Previous Loan A, the Previous Loan B, the Loan A and the Loan B (collectively the “Total Loan”) as equity interest in Chengfu Investment (the “Chengfu Capital Injection”).

  • On 29 November 2017, the Company entered into a supplemental agreement with Youzan to supplement the Previous Loan Agreement.

  • Taking into account the satisfactory financial background of the Customers and that a stable revenue and cashflow stream from the interest income is expected, the Directors consider that the terms of the Extended Loan Agreements and the Previous Loan Agreements are fair and reasonable and the entering into of the Extended Loan Agreements and the Previous Loan Agreements is in the interests of the Company and its shareholders as a whole.

  • Pursuant to the Rules 14.22 and 14.23 of the Listing Rules, the Loan Agreement and the Previous Loan Agreement shall be aggregated as if they were one transaction because they were completed within a 12-month period by the Company with parties who are connected with one another.

  • Previous Loan Agreements with the NMUSAF were authorized under Board Order No. 58-09; however, the term has been updated from one to two years, and a new Board Order is necessary.

  • As one or more of the applicable percentage ratios calculated pursuant to Rule 14.07 of the Listing Rules with reference to each of Heze Beikong Loan Agreement and Heze Beikong Pledge Agreement in aggregate with Previous Loan Agreements and Previous Pledge Agreements respectively, exceed 5%, the entering into Heze Beikong Loan Agreement and Heze Beikong Pledge Agreement constitute connected transactions of the Company.

  • Prior to 27 October 2014, the Lender entered into the Previous Loan Agreements with the Second Borrower and his associate which have been duly repaid in part as at the date of this announcement.

  • The Previous Note Rate of interest is reduced or in the event that more than one Previous Loan is being refinanced, the weighted average Previous Note Rate of interest is reduced.


More Definitions of Previous Loan

Previous Loan the second legal charge mortgage loan in the amount of HK$21,000,000 granted to the Borrowers under the Previous Loan Agreement “Previous Loan Agreement” the loan agreement made between QLCG and the Borrowers for the Previous Loan on 15 April 2019 “Share(s)” share(s) in the share capital of the Company “Shareholder(s)” holder(s) of the Share(s)
Previous Loan means the amount available to TCZB for the provision of agricultural credit in the Project area from the proceeds of the loan provided by the Bank under the Loan Agreement between Republic of Turkey and the Bank for the Erzurum Rural Development Project, dated March 5, 1982.
Previous Loan means the Individual Loan already drawn down for which payment is due on the Preferred Drawdown Date of a New Refinancing Loan with which it is refinanced.
Previous Loan means a loan that you have already received under the Small Business Cashflow (Loan) Scheme, whether that loan has been repaid in full or remains outstanding (whether in full or in part).

Related to Previous Loan

  • PLUS Loan means a Loan that was made pursuant to the PLUS Program established under Section 428B of the Higher Education Act (or predecessor provisions).

  • U.S. Loan means an extension of credit by a Lender to the U.S. Borrower under Article 2 in the form of a U.S. Committed Loan, a U.S. Bid Loan or a U.S. Swing Line Loan.

  • Existing Loan means the loan identified on Exhibit H.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • SLS Loan means a Loan which was made pursuant to the Supplemental Loans for Students Program established under Section 428A of the Higher Education Act (or predecessor provisions), including Loans referred to as ALAS Loans or Student PLUS Loans.

  • 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 SOFR Rate Loan means a Loan that bears interest based on the Term SOFR Rate.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Term Advance has the meaning specified in Section 2.01(a).

  • MERS Loan Any Mortgage Loan registered on the MERS® System for which MERS appears as the mortgagee of record on the related Mortgage or on an assignment thereof.

  • Revolving Loan Agreement means that certain Revolving Credit and Security Credit Agreement dated as of the Closing Date by and among Revolving Loan Agent, the Revolving Loan Lenders and the Loan Parties, as amended, restated or otherwise modified from time to time to the extent not prohibited by the Intercreditor Agreement.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

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

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Periodic Advance The aggregate of the advances required to be made by a Servicer on any Distribution Date pursuant to its Servicing Agreement or by the Master Servicer or the Trustee hereunder, the amount of any such advances being equal to the total of all Monthly Payments (adjusted, in each case (i) in respect of interest, to the applicable Mortgage Interest Rate less the applicable Servicing Fee in the case of Periodic Advances made by a Servicer and to the applicable Net Mortgage Interest Rate in the case of Periodic Advances made by the Master Servicer or Trustee and (ii) by the amount of any related Debt Service Reductions or reductions in the amount of interest collectable from the Mortgagor pursuant to the Soldiers' and Sailors' Civil Relief Act of 1940, as amended, or similar legislation or regulations then in effect) on the Mortgage Loans, that (x) were delinquent as of the close of business on the related Determination Date, (y) were not the subject of a previous Periodic Advance by such Servicer or of a Periodic Advance by the Master Servicer or the Trustee, as the case may be and (z) have not been determined by the Master Servicer, such Servicer or Trustee to be Nonrecoverable Advances.

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • U.S. Revolving Loan means a Revolving Loan made to the U.S. Borrowers.

  • Incremental Loan has the meaning set forth in Section 2.14(b).

  • Existing Loan Agreement has the meaning set forth in the recitals to this Agreement.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

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

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(ii).