Your Loan definition

Your Loan has a fixed Interest Rate that will apply for the Term of the Loan. The Interest Rate set out in the Financial Summary is only available if you borrow the Loan on or before the Cut-Off Date. You may ask for a revised Interest Rate on multiple occasions before the date you borrow the Loan.
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Your Loan has been transferred to ["Special Servicer Name"] ("Special Servicer") for Special Servicing. After we review your records, we will be contacting you soon.
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Your Loan. Your eligible SRP Federal Credit Union Loan being paid using External Loan Payment Transfer.
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Examples of Your Loan in a sentence

  • Identifying Your Loan ServicerYou can identify the servicer for your new Direct Loan (and any subsequent Direct Loans) by going to the National Student Loan Data System (NSLDS) website at www.nslds.ed.gov/nslds_SA/, and logging in with your FSA ID.

  • Protection under this Contract does not affect, alter, or otherwise relieve Your obligations under Your Loan with Us. Whether or not You have made a request for Protection Activation, You remain obligated to make payments to Us and to comply with the terms of Your Loan.

  • If You have a Loan Agreement with Covéa Insurance to pay for Your insurance it is a condition precedent to Our liability that payments shall be made in line with the Loan Agreement otherwise all benefit under the policy shall be forfeited and the policy shall be cancelled as outlined in Your Loan Agreement.

  • They must be paid to Us as described in Your Loan Agreement.For Your rights to cancel the policy please see “How to Cancel Your Policy” on page 4 of this policy document.

  • You may repay Your Loan in full at any time prior to the Expiry Date, provided Your next scheduled Payment Date is at least one full Business Day after the intended date of repayment.

  • They must be paid to Covéa Insurance as described in Your Loan Agreement.For Your rights to cancel the policy please see “How to Cancel Your Policy” on page 5 of this policy document.

  • We do not charge a fee for any loss resulting from full prepayment, but You will be required to pay the Unpaid Balance of Your Loan, including all interest and outstanding fees accrued up to the day of repayment.

  • Please contact Us to obtain the amount required to repay Your Loan in full.

  • Interest charges are calculated by multiplying the Unpaid Balance of Your Loan at the end of each day by the daily interest rate.

  • InstalmentsIf You have a Loan Agreement with Covéa Insurance to pay for Your insurance it is a condition precedent to Our liability that payments shall be made in line with the Loan Agreement otherwise all benefit under the policy shall be forfeited and the policy shall be cancelled as outlined in Your Loan Agreement.


More Definitions of Your Loan

Your Loan shall refer to the eligible Neighbors Credit Union loan being paid using External Loan Payment Transfer.
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Your Loan has been transferred to ("Special Servicer Name") (the "Special Servicer") for Special Servicing. After we review your records, we will be contacting you soon. Please continue to remit all payments to ("Master Servicer's Name") while your loan is being serviced by the Special Servicer. ("Master Servicer's Name") will continue to process your checks and maintain the accounting records for this loan. The acceptance of any payments by ("Master Servicer's Name") does not constitute any agreement to modify or amend your loan in any way.
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Your Loan. We agree to loan you ($Enter Amount) . For that loan, we will charge you the following fees:
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Related to Your Loan

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

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

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

  • PPP Loan means the loan in principal amount of $673,184 issued to the Company by the PPP Lender pursuant to the promissory note dated April 20, 2020.

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

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

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

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

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

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

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

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

  • Eurodollar Loan means any Loan bearing interest at a rate determined by reference to the Eurodollar Rate.

  • Floating Rate Loan means a Loan which bears interest at the Floating Rate.

  • LIBO Rate Loan means a Loan bearing interest, at all times during an Interest Period applicable to such Loan, at a fixed rate of interest determined by reference to the LIBO Rate (Reserve Adjusted).

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

  • Existing Loan means the loan identified on Exhibit H.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Bid Rate Loan means a loan made by a Lender under Section 2.2.

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

  • Prime Loan means any Loan when and to the extent that the interest rate therefor is determined by reference to the Prime Rate.

  • PACE Loan means (x) any “Property-Assessed Clean Energy loan” or (y) any other indebtedness, without regard to the name given to such indebtedness, which is (i) incurred for improvements to the Property for the purpose of increasing energy efficiency, increasing use of renewable energy sources, resource conservation, or a combination of the foregoing, and (ii) repaid through multi-year assessments against the Property.

  • 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.