Recipient of the Loan definition

Recipient of the Loan means a natural person of at least 18 years of age who is a citizen of the countries of the European Economic Area and/or a legal person registered in the register of legal entities of the countries of the European Economic Area who has duly signed and submitted the Application via the Website and whose application has been approved on the Website.
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Recipient of the Loan means a natural person of at least 18 years of age who is a citizen of the countries of the European Economic Area and/or a legal person registered in the register of legal entities of the countries of the European Economic Area who has duly signed and submitted the Application via the Website and whose application has been approved on the Website. Hereinafter the Recipient of the Loan shall mean a private (natural) person who borrows for consumption purposes and a person who borrows by means of crowdfunding unless the term “Recipient of the Consumer Credit” or “Recipient of the Credit” is specified and defined in the Agreement;
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Examples of Recipient of the Loan in a sentence

  • Also in cases when the Recipient of the Loan returns the payment through the Organizer's account.

  • The Bank generally prefers the entity responsible for implementing and operating the Project to be the Recipient of the Loan.

  • Where the Recipient of the Loan is repaying the funds from the Recipient’ of the Loan Paysera account to the Lender’s Paysera account, or when the Recipient of the Loan transfers the funds to the special purpose transit account and the Organizer allocates the funds to the Lenders).

  • Where the Recipient of the Loan is repaying the funds from the Recipient’ of the Loan Paysera account to the Lender’s Paysera account, or when the Recipient of the Loan transfers the funds to the suspense account of the Organizer and the Organizer allocates the funds to the Lenders).

  • The funds shall be directly debited from one Paysera account of the Consumer and credited to another Consumer’s/User’s Paysera account (e.g. upon a successful closing of the Auction, from the Lender’s account to the account of the Recipient of the Loan, or from the Lender’s account to the suspense account of the Organizer from which to the banc account of the Recipient of the Loan, or to other entities for the Recipient of the Loan.

  • The funds shall be directly debited from one Paysera account of the Consumer and credited to another Consumer’s/User’s Paysera account (e.g. upon a successful closing of the Auction, from the Lender’s account to the account of the Recipient of the Loan, or from the Lender’s account to the special purpose transit account from which to the bank account of the Recipient of the Loan, or to other entities for the Recipient of the Loan.

  • The Beneficiary4 and ADB shall ensure that, prior to the commencement of any2 The name of executing agency, Ministry of Physical Planning and Works, as per the financing agreement has been changed to MPIT through a Cabinet decision of 21 Feb 2013.3 Basis: ADB Loan and Grant Financial Information Services.4 Recipient of the Loan and Grant funds.procurement activity under NCB the Beneficiary’s national competitive bidding procedures are consistent with the ADB Procurement Guidelines.

  • Recipient of the Loan shall be primarily intended to pay the Contract fee, and only then the Monthly administration fee, the Interest, and the amount of the Loan repayment, i.e. if the Contract fee has not been paid, the order and manner indicated in paragraph 8.9 of this Agreement shall not apply.

  • The Recipient of the Loan will be the Republic of Peru, through the MEF, which will transfer the loan proceeds to the PRODUCE.

  • The funds shall be directly debited from one Paysera account of the Consumer and credited to another Consumer’s/User’sPaysera account (e.g. upon a successful closing of the Auction, from the Lender’s account to the account of the Recipient of the Loan, or from the Lender’s account to the special purpose transit account from which to the bank account of the Recipient of the Loan, or to other entities for the Recipient of the Loan.

Related to Recipient of the Loan

  • Revolving Loan Obligations means any Obligations with respect to the Revolving Loans (including without limitation, the principal thereof, the interest thereon, and the fees and expenses specifically related thereto).

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

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Initial Revolving Loan means a Revolving Facility Loan made (i) pursuant to the Revolving Facility Commitments in effect on the Closing Date (as the same may be amended from time to time in accordance with this Agreement) or (ii) pursuant to any Incremental Revolving Facility Commitment on the same terms as the Revolving Facility Loans referred to in clause (i) of this definition.

  • Non-U.S. Lender means a Lender that is not a U.S. Person.

  • Term Loan as defined in Section 2.1.

  • Term SOFR Loan means a Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Additional Revolving Loans means any revolving loan added hereunder pursuant to Section 2.22, 2.23 or 9.02(c)(ii).