Examples of Year Loan in a sentence
Upon such subscription, the Company will, at the request and option of each subscribing offeree, loan (the "Four Year Loan") such subscribing offeree sufficient funds, on a full recourse and secured basis, to purchase two additional Shares (all such Shares hereinafter the "Loan Shares") for each Share subscribed for hereunder for cash (the "Cash Shares").
The Mortgage Loans will be conventional fixed rate one- to four-family residential mortgage loans with original terms to maturity of not more than 15 years from the date of origination, in the case of the Mortgage Loans identified on the 15 Year Loan Schedule (the "15 Year Loans"), and 30 years from the date of origination, in the case of the Mortgage Loans identified on the 30 Year Loan Schedule (the "30 Year Loans").
The Seller agrees to sell, and the Depositor agrees to purchase, the mortgage loans (the "Mortgage Loans"), identified on the schedules annexed hereto as Exhibit 1 (the "15 Year Loan Schedule") and Exhibit 2 (the "30 Year Loan Schedule," and together with the 15 Year Loan Schedule, the "Mortgage Loan Schedule").
Outstanding balances of principal under the 7 Year Revolving Loan (and not previously converted) will be automatically converted into a Converted 7 Year Loan as of the last day of the Availability Period, and outstanding balances of principal under the 10 Year Revolving Loan (and not previously converted) will be automatically converted into a Converted 10 Year Loan as of the last day of the Availability Period.
Each such notice will specify the date and amount of such prepayment, whether the Loan to be prepaid is a Three Year Loan or a Five Year Loan, and the Type(s) of Loans to be prepaid and, if Eurodollar Rate Loans are to be prepaid, the Interest Period(s) of such Loans.
The source of funds for a portion of the Purchase Consideration due on the Closing Date was a Five Year Loan and Security Agreement with The CIT Group Credit/Finance (CIT) in the amount of Four Million Dollars ($4,000,000) at an interest rate of prime plus 1.75% (9.50%).
The Parties agree to use good faith to (A) discuss the causes of such Tier 1 Concentration Event, and (B) work together to modify this Agreement in a commercially reasonable manner to enable Bank to continue to retain loans under Section 2.5(a)(i) hereof, including, following the occurrence of a Tier 1 Concentration Event, to increase the Required Retained Loans Battery Only Limit, the Maximum 20 Year Loan Product Retention Percentage and/or the Maximum 25 Year Loan Product Retention Percentage.
NTable 2—Descriptive Statistic of Non-bank Credit Loan Borrowers in the Next Year Loan Contract (Account)in the Next Year after Loan Contractafter Loan Contract (1 million won) (person, previous(1 million won) before new contract)Note: Descriptive statistics for Job (Employed) is calculated, except for borrowers whose job information is ‘other’.
So long as there are no Credit Extensions outstanding hereunder at any time during any Fiscal Year, Loan Parties shall not be obligated to pay the fees and expenses of the Administrative Agent and such professionals with respect to such appraisals during such Fiscal Year.
From February of 2017 to February of 2019, the average sum NTable 1—Descriptive Statistic of Bank Credit Loan Borrowers in the Next Year Loan Contract (Account)in the Next Year after Loan Contractafter Loan Contract (1 million won) (person, previous(1 million won) before new contract)Note: Descriptive statistics for Job (Employed) is calculated, except for borrowers whose job information is ‘other’.