Term of Loan definition

Term of Loan means the period of time from the date of the loan through the scheduled date of the final payment.
Term of Loan means the period elapsing between the date on which the loan is completely made, taken or raised and the date on which it is completely repaid with interest.
Term of Loan means the period from the date of the loan issuance to the date when the agreed Borrower pays off the principal and interest of the loan.

Examples of Term of Loan in a sentence

  • Term of Loan The Proximity Housing Promissory Note shall have a term of fifty-five (55) years from the date of the signed promissory note, unless earlier terminated under the terms of the Proximity Housing Note.

  • Georgia State’s right to return the Artwork shall accrue absolutely at the expiration of the Term of Loan.

  • Term of Loan: 12 month/ / day, starting from the actual withdrawal date;In the case of instalment withdrawal, the first actual withdrawal date.

  • Ford Federal Direct Loan, Federal Perkins Loan, Federal Consolidated Loan, Federal Direct Consolidation Loan, or Other), Principal Balance, Remaining Term of Loan, Monthly Payment, and/or Payment Due Date.

  • Unless Student Lender expressly elects to maintain his/her own insurance, Georgia State will insure the Art Work for the Term of Loan for 100% of the Fair Market Value (FMV) listed by the Student Lender.

  • In case of death of Student Lender during the Term of Loan, the legal representative of the Student Lender’s estate shall be required to submit documentation showing formal authority to act on behalf of the involved estate before the Artwork will be released to that person.

  • Term of Loan: Five year maximum term; early repayment without penalty is allowed.

  • The Arruwurra Phosphorite is grey to yellow and is more chert-rich that the Mudstone Phosphorite at the Main Zone.

  • If, after making reasonable efforts and through no fault of its own, Georgia State is unable to return the Artwork to Student Lender within sixty days after expiration of the Term of Loan, then Georgia State shall have the absolute right to place the Artwork in storage, to charge regular storage fees, and to have and enforce a lien for such fees and costs.

  • If there is anything not yet provided under the Agreement or any discrepancy between the certificate of indebtedness and the Agreement with regard to the amount of loan, utilisation amount, repayment amount, utilisation date and maturity date, Term of Loan, interest rate and purpose of loan, the certificate of the indebtedness shall prevail.


More Definitions of Term of Loan

Term of Loan. The term of the loan of Equipment for the initial shoot of the Customer Production (the “First Loan Term”) shall commence on May 30, 2013 and shall continue until June 17, 2013. The term of the loan of Equipment Package 1.1 for the Industry Shoot (the “Second Loan Term”) shall commence on August 13, 2013 and shall continue until August 19, 2013. The term of the loan of Equipment Package 1.2 for the Antarctica Shoot (the “Third Loan Term”) shall commence on August 30, 2013 and shall continue until January 31, 2014. For the avoidance of doubt, SPTech acknowledges and agrees that Customer (a) has heretofore satisfied all of its obligations to return the Equipment to SPTech, in accordance with the terms of Section 5(d) of the Agreement, and (b) shall return Equipment Package 1.2 to SPTech, in accordance with Section 5(d) of the Agreement, no later than January 31, 2014 or, if production of the Antarctica Shoot ceases at any time for any reason, within a reasonable period of time from the date of cessation of the Antarctica Shoot. The First Loan Term, the Second Loan Term and the Third Loan Term shall collectively be referred to herein as the “Term”.” Other than as set forth in Section 4 (as amended hereby), all terms and provisions in the Agreement relating to the Equipment shall apply, mutatis mutandis, to Equipment Package 1.2 in connection with the Antarctica Shoot. SPTech shall not provide any Services with respect to Equipment Package 1.2 and the Antarctica Shoot, but for the avoidance of doubt, shall cooperate in good faith with Customer with respect to its use of Equipment Package 1.2 hereunder.
Term of Loan. This loan is payable on demand, but if no demand, then on or before January 9, 2000, in one installment of principal and accrued interest.
Term of Loan. Due in full on April 8, 1996. At Edge Joint Venture II's option, it may extend the due date to coincide with the end of the "Windup Period" of the Edge Joint Venture II, not to exceed two years from April 8, 1996. The loan can be prepaid, but Xxxxx X. Xxxxxxx will be entitled to receive the RWI and ORRI set forth herein on any prospects which are leased or commenced to be leased during the term of the Edge Joint Venture II and including the "Windup Period", but with regard to any prospect which Edge Joint Venture II transfers to Edge Petroleum Corporation, Edge Group II L.P. or any other party during the "Windup Period", Xxxxx X. Xxxxxxx'x RWI and ORRI will only apply to the leases and interests in leases in such prospects which Edge Joint Venture II owned as of the date of such transfer, and if such leases cover less than 100% of the leasehold estate in the tracts included in the prospect, Xxxxx X. Xxxxxxx'x interest shall be reduced proportionately.

Related to Term of Loan

  • Type of Loan means a Base Rate Loan or a LIBOR Loan.

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

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

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

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

  • Initial Term Loan Lender means a Lender with an Initial Term Loan Commitment or an outstanding Initial Term Loan.

  • Term B Facility means the Term B Loan Commitments and the Term B Loans made hereunder.

  • 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.

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

  • Loan Term means the term of this Loan Agreement provided in Sections 3.01 and 3.03 hereof and in Exhibit A-2 attached hereto and made a part hereof.

  • Fixed Rate Advance means an Advance which bears interest at a Fixed Rate.

  • Loan Period means with respect to any LIBOR Rate Loan, the period commencing on such LIBOR Rate Loan’s Funding Date, the date of the Conversion of any Base Rate Loan into such LIBOR Rate Loan or the date of the Continuation of such LIBOR Rate Loan for a new Loan Period and ending one week or one, two, three or six months thereafter as selected by the Borrower pursuant to Section 2.2(a); provided, however, that:

  • LIBOR Rate Loan means each portion of a Loan that bears interest at a rate determined by reference to the LIBOR Rate.

  • Term A-2 Loan means an advance made by any Term A-2 Lender under the Term A-2 Facility.

  • LIBOR Advance means an Advance bearing interest at a rate based upon the LIBOR Rate.

  • Term Loan B Facility means the facility described in Section 2.01(b) providing for an advance of the Term Loan B to the Borrower by the Term Loan B Lenders in the original principal amount of $565,000,000, as adjusted from time to time pursuant to the terms of this Agreement.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • LIBOR Rate Advance means an Advance which bears interest at a LIBOR Rate.

  • 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.

  • Eurodollar Rate Advance means an Advance that bears interest as provided in Section 2.06(a)(ii).

  • LIBOR Loan means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Term A Loan Commitment means, as to each Lender, its obligation to make its portion of the Term A Loan to the Borrower pursuant to Section 2.01(c), in the principal amount set forth opposite such Lender’s name on Schedule 2.01. The aggregate principal amount of the Term A Loan Commitments of all of the Lenders as in effect on the Closing Date is $675,000,000.

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

  • Notice of Loan means a Notice of Loan in the form of the attached Exhibit C.

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

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.