Relevant Loans definition
Examples of Relevant Loans in a sentence
Unless the Borrower makes an Early Repayment in accordance with Clause VII of this Agreement, all principal amount of the Relevant Loans shall be repaid in one lump sum on the Final Maturity Date.
Interest on the Relevant Loans will be paid on the Interest Payment Date.
Except for Early Repayment by the Borrower in accordance with Clause VII of this Agreement, all principal and outstanding interest in respect of the Relevant Loans shall be repayable on the Final Maturity Date.
All sums repaid by the Borrower in reduction of its indebtedness under this Agreement shall be applied first or towards the payments of any interest or expenses in relation to the Relevant Loans then accrued and not paid and then in or towards repayment of the Principal of the Relevant Loans.
Interest on the Relevant Loans will accrue daily from the date on which the Relevant loan is drawn down, calculated on a three hundred and sixty (360) day basis.