Single Loan definition

Single Loan means a single Loan;
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Examples of Single Loan in a sentence

  • The interest rate for the Single Loan under this Contract shall be an annual rate.

  • All sums acquired as such shall be directly used to repay the principal, interest and other expenses of each Single Loan under this Contract.

  • The term of a Single Loan means the period commencing from the drawdown date of such single loan and ending on the agreed repayment date.

  • In case Party A applies for loans under this Contract for export by means of open account, Party A shall provide Party B with all export documents (original) in relation to each Single Loan within the Loan Facility for Party B’s submission of such documents and collection of the payment.

  • Seller may order Single Loan or Built commitments from Norwest in accordance with the Manual for any Eligible Mortgage Loans which Seller intends to sell to Norwest.

  • If the payer refuses to pay or delays payment for the export goods financed by a Single Loan under this Contract, Party B has the right to decide, as the case may be that such a Single Loan is deemed to be mature and consequently requests Party A to prepay the loan.

  • Party A shall provide Party B with all export documents in relation to each Single Loan under this Contract for Party B’s submission of such documents and collection of the payment.

  • The expiry date of the term of each Single Loan incurred within the Term of Loan Facility shall not fall behind the Term of Loan Facility.

  • When the Loan Amount in the Single Loan Agreement is received in cash at one of the “EasyPay” offices, the Customer shall provide the respective documents for their identification.

  • The Commission Fee is payable in full upon concluding the Single Loan Agreement, however, the Parties agree that the commission may be paid together with the monthly installments of the Loan, divided into equal parts.

Related to Single Loan

  • Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.

  • Refinanced Mortgage Loan A Mortgage Loan the proceeds of which were not used to purchase the related Mortgaged Property.

  • Cross-Collateralized Mortgage Loan Any Mortgage Loan, that is, by its terms, cross-defaulted and cross-collateralized with any other Mortgage Loan; provided that the Mortgage Loans that are part of any Loan Combination shall not constitute Cross-Collateralized Mortgage Loans.

  • Single-family dwelling means a private residence provided with sleeping and cooking facilities intended for domestic use and in which the occupants live as a single housekeeping unit that is not part of a Multiple Dwelling;

  • Reportable Modified Mortgage Loan Any Mortgage Loan that (i) has been subject to an interest rate reduction, (ii) has been subject to a term extension or (iii) has had amounts owing on such Mortgage Loan capitalized by adding such amount to the Stated Principal Balance of such Mortgage Loan; provided, however, that a Mortgage Loan modified in accordance with clause (i) above for a temporary period shall not be a Reportable Modified Mortgage Loan if such Mortgage Loan has not been delinquent in payments of principal and interest for six months since the date of such modification if that interest rate reduction is not made permanent thereafter.