Purpose of Loan definition

Purpose of Loan long-term working capital in foreign currency
Sample 1
Purpose of Loan. The purpose of the Loan is to finance Xxxxxxxx's investments in real estate development projects.
Sample 1
Purpose of Loan working capital
Sample 1

Examples of Purpose of Loan in a sentence

  • Name of Lender Related** Purpose of Loan Monthly Payment Required Date of Note Amount of Note Maturity Date Interest Rate(4 Digits) 16) Please indicate the total amount of mortgage insurance expense and the location of this expense on Sch.

  • Name of Lender Related** Purpose of Loan Monthly Payment Required Date of Note Amount of Note Maturity Date Interest Rate(4 Digits) * Any interest expense reported in this section should be adjusted out on page 5, line 14 and, consequently, page 4, col.

  • Name of Lender Related** Purpose of Loan Monthly Payment Required Date of Note Amount of Note Maturity Date Interest Rate(4 Digits)* Any interest expense reported in this section should be adjusted out on page 5, line 14 and, consequently, page 4, col.

  • Name of Lender Related** Purpose of Loan Date of Note Amount of Note Maturity DateInterestRate (4 Digits)ReportingPeriod Int.

  • Name of Lender Related** Purpose of Loan Date of Note Amount of Note Maturity DateInterest Rate(4 Digits)Reporting PeriodInt.

  • No. of Months Interest Rate % Amount $ Lender Case Number Agency Case Number VA USDA/Rural Housing Service FHA Conventional Other (explain): Amortization Type: Fixed Rate GPM Other (explain): ARM (type): Purpose of Loan Purchase Refinance Construction Construction-Permanent Other (explain): Complete this line if construction or construction-permanent loan.

  • Borrower is/ are advised to refer the loan agreement to know the Purpose of Loan sanctioned.

  • No19 VA OnlyTitle will be Vested inVeteranVeteran & Spouse Other (specify)20 Purpose of Loan (blocks 9 - 12 are for VA loans only) 1) Purchase Existing Home Previously Occupied 7) Construct Home (proceeds to be paid out during construction)2) Finance Improvements to Existing Property 8) Finance Co-op Purchase3) Refinance (Refi.) 9) Purchase Permanently Sited Manufactured Home4) Purchase New Condo.

  • To be repaid as aMonthlyApp AppProviders name andMonthsBalancecondition of theCommitment TypePayment Purpose of Loan 1 2account numberLeftOwingmortgage Loans & Hire Purchase£ ££ ££ £Secured Loan£ £Overdraft(s)£ £Student Loan(s)£ ££ £Childcare/School Fees£ £Maintenance/CSA£ £ Yes NoYes NoYes NoYes NoYes NoYes NoYes NoYes NoYes No Please confirm details of ALL credit cards held.Please use Section 26 - Additional Details if required for additional expenditure.

  • Monthly App App Providers name and Months BalanceTo be repaid as a condition of theCommitment TypePayment Purpose of Loan 1 2account numberLeftOwingmortgage Loans & Hire Purchase£ ££ ££ £Secured Loan£ £Overdraft(s)£ £Student Loan(s)£ ££ £Childcare/School Fees£ £Maintenance/CSA£ £ Yes NoYes NoYes NoYes NoYes NoYes NoYes NoYes NoYes No Please confirm details of ALL credit cards held.Please use Section 27 - Additional Details if required for additional expenditure.


More Definitions of Purpose of Loan

Purpose of Loan shall be: Bridge financing of working capital and ordinary operating expenses pending consummation of alternative financing. 74 3 EXHIBIT B Other capitalized terms used in this Agreement, shall have the respective meanings assigned to them herein.
Sample 1
Purpose of Loan. The Loan is intended to provide the funds to be paid to stockholders of the Borrower (other than Xxxx Family members) in exchange for their stock and to retire stock options and warrants (including those held by Xxxx Family members) in connection with a merger transaction under Delaware law, pursuant to which CHL will be merged into the Borrower, the Borrower will be the surviving entity and the Borrower's only remaining stockholders will be Xxxx Family members (the "MERGER"). The Merger will be effected pursuant to a merger agreement, certificate of merger (the "CERTIFICATE") and other documents governing or effectuating the same (collectively, the "MERGER DOCUMENTS"). (The Merger, filing of the Certificate, retirement of options and warrants, payments to option holders and stockholders and the resulting exclusive ownership and control by the Xxxx Family is referred to in this Commitment Letter as the "TRANSACTION").
Sample 1
Purpose of Loan. Display in exhibition, “Blast from the Past: Artillery in the War of Independence” Loan Venue: Changing Exhibits Gallery, American Revolution Museum at Yorktown, 000 Xxxxx Xxxxxx, Xxxxx 0000, Xxxxxxxx, Xxxxxxxx 00000 Exhibit Dates: June 1, 2018 through January 5, 2019 Lender: Mayor and Council of Boonsboro, MD The Town Hall Contact: _Xxxxx Xxxxx, Town Manager, Town of Boonsboro Shipping Address: Xxxxxx is currently located in Xxxxxx Park, Park Dr., Boonsboro, MD 21713 Description of Artifacts Name/Title: Mount Aetna Xxxxxx Description: Iron xxxxxx produced by the Mount Aetna Foundry, Maryland. Dimensions: Weight: about 2,000 lbs.
Sample 1

Related to Purpose of Loan

  • Type of Loan means a Base Rate Loan or a LIBOR Loan.

  • L/C Advance means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Percentage.

  • 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.

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Term B Borrowing means a borrowing consisting of simultaneous Term B Advances of the same Type made by the Term B Lenders.

  • Notice of Revolving Credit Advance has the meaning ascribed to it in Section 1.1(a).

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Notice of Loan means a Notice of Loan in the form of the attached Exhibit C.

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the aggregate principal amount of all outstanding Swing Line Loans plus (iii) the Letter of Credit Usage.

  • Money Market Absolute Rate Loan means a loan to be made by a Bank pursuant to an Absolute Rate Auction.

  • Domestic Rate Loan means any Advance that bears interest based upon the Alternate Base Rate.

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

  • Specified Existing Revolving Credit Commitment shall have the meaning provided in Section 2.14(g)(ii).

  • 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.

  • RFR Borrowing means, as to any Borrowing, the RFR Loans comprising such Borrowing.

  • Prepayment Assumption As defined in the Prospectus Supplement.

  • Term SOFR Borrowing means a Borrowing comprised of Term SOFR Loans.

  • Term A Borrowing means a borrowing consisting of simultaneous Term A Advances of the same Type made by the Term A Lenders.

  • Facility B Loan means a loan made or to be made under Facility B or the principal amount outstanding for the time being of that loan.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Revolving Credit Borrowing Request means a request made pursuant to Section 2.4 in the form of Exhibit B-4.

  • Notice of Loan Prepayment means a notice of prepayment with respect to a Loan, which shall be substantially in the form of Exhibit 2.05 or such other form as may be approved by the Administrative Agent (including any form on an electronic platform or electronic transmission system as shall be approved by the Administrative Agent), appropriately completed and signed by a Responsible Officer.

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