Subject Loan definition

Subject Loan means a loan obtained by Borrower pursuant to this Agreement;
Subject Loan shall have the meaning ascribed to such term in Section 2(a).
Subject Loan means each of the loans designated on any of Schedules 1 through 9 as of the Signing Date, as updated pursuant to Section 3(a), and as finalized with respect to the applicable Other Implementation Date pursuant to Section 3(b).

Examples of Subject Loan in a sentence

  • Bank shall have no duty to follow, nor any liability for, the application of any proceeds of any Subject Loan.

  • Each request for a Subject Loan shall of itself constitute, both when made and when honored, a representation and warranty by Borrower to Bank that Borrower is entitled to obtain the requested Subject Loan.

  • Bank is hereby irrevocably authorized to make an appropriate entry on this Note, in a loan account on Bank's books and records, or both, whenever Borrower obtains a Subject Loan.

  • If any principal of or interest on any Subject Loan is not paid within ten (10) days after its due date, then, and in each such case, Bank shall have the right to assess a late charge, payable by Borrower on demand, in an amount equal to the greater of twenty dollars ($20.00) or five percent (5%) of the amount not timely paid.

  • Except for Borrower and Bank and their respective successors and assigns, there are no intended beneficiaries of this Note, any Subject Loan, or the arrangement evidenced by this Note.


More Definitions of Subject Loan

Subject Loan means a loan obtained by Borrower pursuant to this Agreement; ------------ Subject Note means a note executed and delivered by Borrower and being in ------------ the form and substance of Exhibit B or C with the blanks appropriately -------------- filled; Subordinated, as applied to any liability of Borrower, means a liability ------------ which at the time in question is subordinated (by written instrument in form and substance satisfactory to Banks) first in favor of the prior payment in full of the Subject Indebtedness and then, subject to the prior payment in full of the Subject Indebtedness, in favor of the prior payment in full of all of Borrower's other Debt, if any, to the Banks and Agent or any thereof;
Subject Loan means any loan made by any Shareholder Party to the Company or any Subsidiary.
Subject Loan means a loan obtained by Borrower pursuant to this Agreement, or a prior loan that is deemed to be an RR loan pursuant to subsection 2B.16;
Subject Loan is defined in paragraph B of the introduction to this Agreement;
Subject Loan means a payday loan, a title loan, a buy-here-pay-here vehicle loan
Subject Loan means any loan listed on Exhibit A which is classified or classifiable as of the Closing as "loss," "doubtful," "substandard," "special mention" or any similar classification in accordance with the Purchaser's loan review policies and procedures or any applicable rules, regulations, policies or procedures of the FDIC or the Bank Commissioner.