REPAYMENT OF LOAN definition

REPAYMENT OF LOAN. The Loan shall be repaid to Sonesta International Hotels Limited ("Lender"), in currency of the United States, in ten (10) monthly installments, each of which shall be due and payable on the first day of each calendar month. The first monthly payment shall be due and payable January 1, 2005. (The attached "Repayment Schedule" reflects the monthly repayment of the Loan, together with interest at the Interest Rate.)
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REPAYMENT OF LOAN. Borrowers shall pay to the Company the outstanding principal balance of the Note, together with all accrued, but unpaid interest thereon, and all other sums due hereunder, under the Note, or under any other document executed by Borrowers in connection herewith in accordance with the terms and conditions of this Agreement, the Note or such other document.
Sample 1
REPAYMENT OF LOAN. All amounts due and payable under the Note shall have been paid in full or shall be paid in full at Closing. In the event Marks fails to repay all amounts due and payable under the Note prior to or at Closing, at Purchaser’s election, Purchaser may transfer the Note to Seller at Closing and deduct such amounts in full from the Closing Payment that is otherwise required to be made to Seller pursuant to Section 2.2(a)(ii).”
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Examples of REPAYMENT OF LOAN in a sentence

  • You agree to keep the Bank advised of REPAYMENT OF LOAN your current address.

  • REPAYMENT OF LOAN PRINCIPAL AMOUNT..........................................

  • REPAYMENT OF LOAN Loans will be repaid in substantially equal monthly installments over a period not to exceed five years.

  • It included harmonizing the existing environmental statutes and legislation, strengthening the institutional enforcement capacity of key agencies, and enhancing community awareness and community environmental policing capacity.

  • PENALTY (FINE, FORFEITURES) PROVIDED BY THE AGREEMENT FOR LATE REPAYMENT OF LOAN DEBT (IF THERE IS SUCH CONDITION)For late execution and / or failure to provide the Borrower with a pledge agreement, insurance agreement and insurance policy of the Collateral and / or a surety agreement, within the terms and on the conditions stipulated by p.

  • REPAYMENT OF LOAN TRANCHES (OTHER THAN START-UP LOAN TRANCHES) FOLLOWING THE OCCURRENCE OF A NON-ASSET TRIGGER EVENT BUT PRIOR TO THE SERVICE ON FUNDING 2 OF MASTER INTERCOMPANY LOAN ACCELERATION NOTICE OR THE SERVICE ON THE MASTER ISSUER OF A NOTE ACCELERATION NOTICE.

  • REASONABLE WRITTEN NOTICE FOR REPAYMENT OF LOAN The original market rate facility contract was due to expire on 31 December 2011.

  • SECTION 80E: REPAYMENT OF LOAN TAKEN FOR HIGHER STUDIESIf an individual / HUF opts for the alternative tax regime under section 115 BAC, deduction under section 80Eis not available from the assessment year 2021-22.

  • F – ANY OTHER TERMS & CONDITIONS FOR FULFILLMENT G - REPAYMENT OF LOAN Monthly Installment AmountRsPart PrepaymentRsMode of Repayment Full Prepayment No. of Installments Procedure for advance intimation of the changes in ROI / EMIThe same will be intimated via SMS or Email Due date of EMI Repayment will be provided upon disbursement of loan in a form of an Amortization schedule.

  • WITHOUT OBJECTION, SO ORDERED.4 5 CLERK VARONA-LUKENS: ITEM NUMBER 4, HEARING ON THE FORMATION6 OF IMPROVEMENT ZONE 534 WITHIN COUNTY LIGHTING MAINTENANCE7 DISTRICT 1687 AND COUNTY LIGHTING DISTRICT LLA-1,8 UNINCORPORATED WHITTIER AREA FOR REPAYMENT OF LOAN TO9 IMPROVEMENT ZONE 534.


More Definitions of REPAYMENT OF LOAN

REPAYMENT OF LOAN means the repayment of all loans and debts (including any and all interest thereon) due and owing by the Company, the Subsidiary and any other subsidiary of the Company, to the Seller, such repayment being in an amount not exceeding US$2,500,000;
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Related to REPAYMENT OF LOAN

  • Term B Loan is defined in Section 2.2(a)(ii) hereof.

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

  • 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.

  • Prepayment means, with respect to any Receivable, any prepayment, whether in part or in full, in respect of such Receivable.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • 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.

  • Term A Loan is defined in Section 2.2(a)(i) hereof.

  • Mandatory Prepayments has the meaning given to such term in Section 1.2(b).

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

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • 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.

  • Mandatory Prepayment shall have the meaning set forth in Section 2.1(c).

  • Mandatory Prepayment Date as defined in Section 2.12(e).

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

  • 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.

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Term B Loans means (a) the term loans made by the Lenders to the Borrower pursuant to Section 2.01(a), and (b) any Incremental Term Loans in the form of Term B Loans made by the Incremental Term Lenders to the Borrower pursuant to Section 2.01(c).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

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

  • Debt Prepayment Application means, with respect to any asset disposition, the application by the Company or any Subsidiary thereof of cash in an amount equal to the Net Proceeds Amount (or portion thereof) with respect to such asset disposition to pay Senior Indebtedness of the Company or such Subsidiary.

  • Term Loan A Note means a promissory note made by the Borrower in favor of a Term Loan A Lender evidencing the portion of the Term Loan A made by such Term Loan A Lender, substantially in the form of Exhibit C-1.

  • Term Loan Borrowing means a borrowing consisting of simultaneous Term Loans of the same Type and, in the case of Eurocurrency Rate Loans, having the same Interest Period made by each of the Term Loan Lenders pursuant to Section 2.01(a).

  • Term Loan C has the meaning set forth in Section 2.2(c).

  • Required Prepayment Lenders the Majority Facility Lenders in respect of each Facility.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Borrower Offer of Specified Discount Prepayment means the offer by any Company Party to make a voluntary prepayment of Term Loans at a Specified Discount to par pursuant to Section 2.05(a)(v)(B).