Examples of Term of the Loan in a sentence
By mutual consent of the Parties, the Term of the Loan may be extended for one (1) year.
If you have complied with all of your obligations under the Mortgage, and provided that we do not exercise our sole and unfettered discretion to refuse to permit you to renew or extend as hereinafter specified, then you may renew or extend the Term of the Loan and the Mortgage before the Balance Due Date.
The Loan Schedule shall set forth the amount of the Loan, the Term of the Loan, the number of payments to be made and the amount and dates upon which such payments are due.
We may offer you a Renewal Agreement or extend the Term of the Loan, prior to the Balance Due Date.
Schedule 5.15B sets forth all Indebtedness with a maturity date during the Term of the Loan, and identifies such maturity date.
After execution of this agreement, the newly added Loan shall be counted from the date of actual payment, and the maximum time limit shall not exceed the expiry date of the aforementioned Term of the Loan.
Early payoff of the Loan shall not result in any waiver of COUNTY’S right to receive full payment of all interest required by HUD, for the full Term of the Loan, nor shall Borrower be forgiven for such liability under any circumstances.
Net Operating Income: for any period during the Term of the Loan, the actual net operating income of the Property determined on a cash basis of accounting, after deducting therefrom deposits to (but not withdrawals from) any reserves required under this Agreement, and without giving credit for non-recurring extraordinary items of income.
The Bank is entitled to amend the Interest Rate in every Interest Period, but only five times during the Term of the Loan.
The Term of the Loan shall continue until the Maturity Date, unless sooner terminated as provided in the Note or this Loan Agreement or any other Loan Document.