Remaining Loan definition

Remaining Loan shall have the meaning set forth in Section 11.9 hereof.
Remaining Loan the aggregate principal amount of all Bonds outstanding in the Loan at any time (being equal to the Loan less the principal amount of Bonds redeemed by the Borrowers or converted into Shares or, prior to the Effective Date, shares in the Borrower by such time). Retroactive Adjustment: as described in clause 14.12. Securities: as described in clause 14.15. Securities Depository: The Norwegian Central Securities Depository (Verdipapirsentralen ASA). Securities Registration Act: the Norwegian Act on the registration of financial instruments (the Securities Registration Act) of 5 July, 2002 No. 64. Securities Trading Act: the Norwegian Act on Securities Trading of 29 June 2007 No. 75. Security Interest as described in clause 16.2 (c). Shareholders: holders of Shares.
Remaining Loan means the net loan principle obtained by the borrower which is still outstanding. “Remaining quota” means the “quota” deduct the “remaining loan”. “Credit term” means the time that the lender releases loan to the borrower, it’s the term during which the lender will release the loan, not the term during which the borrower will use the loan. The loan term shall be confirmed by both parties.

Examples of Remaining Loan in a sentence

  • On 22 March 2013, the Lenders have entered into supplemental deeds with the Borrowers together with their respective guarantors, pursuant to which, approximately HK$18.03 million of the Remaining Loan Receivables and underlying interests shall be repaid to the Lenders on or before 21 March 2014 (the “Partial Payment of the Remaining Loan Receivables”).

  • As the major assets owned by the subsidiaries of Top Vision are located in Guangdong Province, the PRC, the Company had undertaken recovery actions including but not limited to legal actions taken in PRC to collect the Remaining Loan Receivables.

  • Nevertheless, Swift Surplus and Top Vision and its guarantors could not reach an agreement in respect of the terms and date of the repayment of the outstanding balance of HK$35.40 million of the Remaining Loan Receivables and underlying interests (the “Outstanding Balance”).

  • Summary Comments: ORIGINAL BALANCES CURRENT BALANCES Loan Maturity Original Securitised LTV% Current Securitised LTV% Original Whole Loan LTV% Current Whole Loan LTV% Remaining Loan Term (Mths) Escrow Balance GBP Next Period Interest Rate (incl.

  • In connection with the uncrossing of any such Affected Property as provided for in this Section 11.9 (an “Uncrossing Event”), the Remaining Loan shall be reduced by an amount equal to amount of the Uncrossed Loan and the Uncrossed Loan shall be in an amount equal to the Allocated Loan Amount applicable to the Affected Property.

  • In either case the Loan Trustee shall on behalf of the Bondholders take every measure necessary to recover the Remaining Loan.

  • Borrower’s Bonds may at the Borrower’s discretion be retained by the Borrower, sold or used for partial redemption of the Remaining Loan.

  • As one or more of the applicable percentage ratios (as defined in the GEM Listing Rules) in respect of the amount of the Remaining Loan exceed 5% but are less than 25%, the further extension of the Remaining Loan constitutes a discloseable transaction for the Company under Chapter 19 of the GEM Listing Rules and is subject to the reporting and announcement requirements under the GEM Listing Rules.

  • In connection with the uncrossing of any such Affected Property as provided for in this Section 11.8 (an “Uncrossing Event”), the Remaining Loan shall be reduced by an amount equal to amount of the Uncrossed Loan and the Uncrossed Loan shall be in an amount equal to the Allocated Loan Amount applicable to the Affected Property.

  • The funding of the Remaining Loan comes from spare internal resources of the Group and therefore allows the Group to utilise its idle funding to gain a return.


More Definitions of Remaining Loan

Remaining Loan the remaining part of the Loan in a principal amount of HK$300 million under the Loan Extension Agreement

Related to Remaining Loan

  • Existing Loan means the loan identified on Exhibit H.

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

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

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that such loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

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

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

  • Refinancing Loan has the meaning specified in Section 2.15(b).

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Extended Loan shall have the meaning assigned to such term in Section 2.26(a).

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

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

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • Extended Revolving Loans has the meaning assigned to such term in Section 2.23(a).

  • New Revolving Loan has the meaning specified in Section 2.14(a).

  • Term Advance 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.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

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

  • Revolving Loans as defined in Section 2.4(a).

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