TERMS OF LOAN definition

TERMS OF LOAN. The equipment described above is loaned to the Regents of the University of California, on behalf of the University of California, Irvine Campus, Department University Department[“University” or “UC”] for the mutual benefit of the lender and the University, and is to be used only for the purpose of instruction, demonstration or research. Said equipment is subject to return at the request of either the Lender or the University. Complete the Liability and Shipping section Liability Click to enter University or Lender shall be responsible for all claims of loss or damage for Equipment during transit to Equipment Borrower. Click to enter University or Lender shall be responsible for all claims of loss or damage for Equipment during return transit to Lender. The Responsible Party’s liability for loss or damage shall begin for each respective transit period when the Equipment has been accepted by the carrier for shipping/transit (e.g. FEDEX, UPS, etc.). Shipping/transit insurance should be purchased as necessary by___Click here to enter text._________________[the Lender or the University].
Sample 1Sample 2
TERMS OF LOAN. The Device described above is the sole property of ℮³ and shall be returned by Borrower at the conclusion of the Loan Period.
Sample 1
TERMS OF LOAN. The equipment is the sole property of Murrieta Valley Unified School District (MVUSD). It is to be used for school- related work ONLY, such as accessing classroom instruction and materials. The equipment is to be returned at the conclusion of the loan period or as requested by district or school staff.
Sample 1

Examples of TERMS OF LOAN in a sentence

  • ORAL AGREEMENTS OR ORAL COMMITMENTS TO (1) LOAN MONEY, (2) EXTEND CREDIT, (3) MODIFY OR AMEND ANY TERMS OF LOAN DOCUMENTS, (4) RELEASE ANY GUARANTOR, (5) FOREBEAR FROM ENFORCING REPAYMENT OF ANY LOAN OR THE EXERCISE OF ANY REMEDY UNDER LOAN DOCUMENTS, OR (6) MAKE ANY OTHER FINANCIAL ACCOMMODATION PERTAINING TO ANY LOAN ARE ALL UNENFORCEABLE UNDER OREGON LAW.

  • Reference code TERMS OF LOAN FOR EXHIBITION I/ TERMS OF PRESERVATION:The Borrower binds itself to keep the loaned archival materials (hereafter ‘Objects’) according to the regulations of the National Archives of Hungary (hereafter ‘Lender’) and agrees to be bound by the precautions of the Lender.

  • Library Department of Prehistory, Ancient History and Archaeology TERMS OF LOAN and MAXIMUM NUMBER OF COPIES to LOAN STUDENTSPDIPASDOCTORATEMASTER-Days of loan (*)1414141414-Number of copies44455 * Natural days RESERVATIONS The users can realise reservations to books loaned.

  • TERMS OF LOAN AGREEMENT LETTER:I, Xxxxx Xxxxx, borrowed $2,500 from Xxxxx Xxxxx on March 25, 2019.

  • TYPE OF MORTGAGE AND TERMS OF LOAN Subject Property Address (Street, City, State & Zip) No. of Units Legal Description of Subject Property (attach description if necessary) Year Built Purpose of Loan: Purchase Refinance Construction Construction-Permanent Other (explain): Property will be: Primary Residence Secondary Residence Investment Complete this line if construction or construction-permanent loan.

  • AMOUNT AND TERMS OF LOAN COMMITMENT AND LOANS; NOTES......................................................................................

  • TERMS OF LOAN REQUESTED 2.1 The Authority is both the freeholder and sublease holder for the Lyric.

  • TERMS OF LOAN Legal title to the property (Chromebook) is with Xxxxxx County Schools.

  • AMOUNT AND TERMS OF LOAN 15 2.1. Term Commitment 15 2.2. Procedure for Borrowing 15 2.3. Repayment of Loan; Evidence of Debt.

  • Obligations) Act 2016.SCHEDULE TERMS OF LOAN FACILITY AGREEMENTEXECUTION VERSION - IRELANDLOAN FACILITY AGREEMENTBETWEEN 5IRELAND AS LENDER ANDTHE SINGLE RESOLUTION BOARDAS BORROWER 10THIS AGREEMENT (the “Agreement”) is made by and between:(1) IRELAND, represented by […] , Minister of Finance (hereinafter referred to as the “Lender”); and(2) THE SINGLE RESOLUTION BOARD, represented by […] (hereinafter referred toas the “Borrower”).


More Definitions of TERMS OF LOAN

TERMS OF LOAN. The Loan shall be treated as a Convertible Loan (See Exhibit "A") according to the documentation already received by Lender (the "Convertible Loan Agreement") with the following material terms: (1) Interest: 12% per annum (compounded monthly); (2) Term: 1 Year; (3) Borrower may prepay Loan at any time without penalty by providing five (5) business days notice; (4) Lender may convert at lessoer of $1.00 or 15% discount to the five day average market price for the five day period immediately preceding the date of conversion; and (5) each member of Lender, if resident in BC, must be an accredited investor as defined in MI 45-103 adopted by the British Columbia Securities Commission, (See Exhibit "A"). In the event that the Financing does close as anticipated, then the Lenders may elect to be repaid by notice to the Borrower at any time after the closing by providing 7 days written notice to the Borrower. If the Financing does not close by August 28, 2003, then the Loan shall become due and payable on September 8, 2003. FEES: In consideration for the Loan, Lender will earn a Lender's Bonus as follows: (1) ISTO will issue to Lender, or its nominee(s) as soon as practicable, 250,000 common shares of ISTO; (2) in the event that the Loan is not repaid on or before July 8, 2003 pursuant to the terms of the Convertible Loan Agreement, then ISTO shall issue an additional 100,000 shares to Lender. The shares issued to Lender will be restricted securities as defined under Rule 144 promulgated under the Securities Act of 1933, as amended, but will have "piggy-back" registration rights. In addition, any legal and administration fees associated with this transaction will be borne by the Borrower.
Sample 1
TERMS OF LOAN. The Loan shall have the following material terms: (1) Interest: 12% per annum (compounded monthly); (2) Term: 1 Year; (3) Borrower may prepay Loan at any time without penalty by providing five (5) business days notice; (4) Lender may convert the Loan into ISTO common stock at lesser of $1.00 or 15% discount to the five day average market price for the five day period immediately preceding the date of conversion. In the event that the Financing does close as anticipated, then the Lenders may elect to be repaid by notice to the Borrower at any time after the closing by providing 7 days written notice to the Borrower.
Sample 1

Related to TERMS OF LOAN

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

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

  • 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.

  • Loan Terms means and refers collectively to (a) all the terms and conditions set out in the Application Form, (b) these General Terms and Conditions, and (d) all terms and conditions specified in the other Loan Documents.

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

  • Borrowing Resolutions are, with respect to any Person, those resolutions substantially in the form attached hereto as Exhibit D.

  • Loan Type Each Mortgage Loan is a [Adjustable Rate] [Balloon] [Fixed Rate] Mortgage Loan.

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

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Incremental Loan Request has the meaning set forth in Section 2.14(a).

  • Utilisation Request means a notice substantially in the form set out in Schedule 3 (Utilisation Request).

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • The Advance Work Order or “Letter of Intent” means the intention of Purchaser to place the Work Order on the bidder.

  • Fixed Rate Borrowing means a Borrowing comprised of Fixed Rate Loans.

  • Euro-Dollar Loan means a Committed Loan which bears interest at a Euro-Dollar Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • L/C Borrowing means an extension of credit resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolving Credit Borrowing.

  • Existing Term Loan Tranche has the meaning set forth in Section 2.16(a).

  • Notice of Swingline Borrowing shall have the meaning set forth in Section 2.4.

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

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Existing Tranche has the meaning specified in Section 2.19(a).

  • Loan Tranche The Series 2006-2 Class B2 Notes will fund the Series 2006-2 AA (Class B2) Loan Tranche which shall have the following xxxxx:

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