Examples of Second Loan in a sentence
If the Second Loan does not become payable prior to the Second Loan Maturity Date, the Second Note shall be completely forgiven and the Second Deed of Trust shall be released thereafter.
Commencing on the first full calendar month during the Forgiveness Period and continuing on each full calendar month thereafter until the Second Loan Maturity Date, the Second Note will be reduced each month based on the Forgiveness Calculation set forth on the first page.
On July 3, 2014, the Company entered into a Second Loan Amendment with Citibank which provided for the existing loan granted to the Company by Citibank to be increased by CAD$30 million to CAD$68.8 million.
Planning funding shall be used only to finance planning, studies, and preliminary engineering costs for an eligible project.
Upon acceleration of the First Loan or Second Loan for any reason6.