Line of Credit Loan definition

Line of Credit Loan means a loan or an advance made by Bank to Borrower under its Line of Credit Commitment.

Line of Credit Loan means a Loan, usually structured as interest only, for a term not to exceed seven years, except for a Farm Enterprise Loan which shall have a term not to exceed the term of the current Farm Borrower Agreement, where the minimum repayment is usually structured as interest only during the term of the loan.

Line of Credit Loan has the meaning set forth in Section 2.1.1 hereof.

Examples of Line of Credit Loan in a sentence

• The duration of a Guarantee shall not exceed seven (7) years, except for a Line of Credit Loan to a Farm Enterprise, where the duration of a Guarantee shall not exceed the term of the current Farm Borrower Agreement and in no event seven (7) years.

• The following exhibit is incorporated by reference to the Form 10-K for the fiscal year ended December 31, 2005: 10(g) Second Amended and Restated Consulting Agreement among the Partnership, the General Partner, and Consultant, January 9, 2005 10(h) Line of Credit Loan Agreement between the Partnership and National City Bank, October 19, 2005.

• NMF decided to conclude the Line of Credit Loan Agreement (Uncommitted) with lenders for the purpose to secure flexible and stable measure for raising funds in order to acquire properties, to repay borrowings including redemptions of investment corporation bonds.

• Before FTA may provide funding for a Federal Grant or Cooperative Agreement exceeding $100,000 or a Federal Loan, Line of Credit, Loan Guarantee, or Loan Insurance exceeding $150,000, in addition to other Certifications and Assurances you must select on your Applicant’s behalf, you must also select the Lobbying Certifications in Group 02, unless your Applicant is an Indian Tribe exempt from the requirements of 31 U.S.C. 1352 or FTA determines otherwise in writing.

• Nomura Master Fund decided to conclude the Line of Credit Loan Agreement (Uncommitted) with lenders for the purpose to secure flexible and stable measure for raising funds in order to acquire properties, to repay debts and investment corporation bonds.

More Definitions of Line of Credit Loan

Line of Credit Loan means each Loan consisting of outstanding indebtedness arising under a Line of Credit;

Line of Credit Loan means the loan in the principal amount of $3,000,000.00 from the Bank to the Company as evidenced by the Line of Credit Loan Note.

Line of Credit Loan means any advance, and in the plural all advances, made to the Borrower from time to time under the Line of Credit.

Line of Credit Loan means each outstanding home equity line of credit indebtedness created pursuant to a Line of Credit Agreement and any other indebtedness due or owing under the relevant Mortgage Conditions by a Borrower, which is not an All-In-One Mortgage Segment, on the security of a Multiproduct Mortgage from time to time outstanding, or, as the context may require, the Borrower’s obligations in respect of the same;

Line of Credit Loan means, collectively each Eurodollar Rate Line of Credit Loan and each Fixed Rate Line of Credit Loan made by the Line of Credit Lenders on or after the First Amendment Effective Date pursuant to Sections 2.02 and 2.03.

Line of Credit Loan is defined in Section 2.2 hereof and, as so defined, includes a Base Rate Loan or a Eurodollar Loan, each of which is a “type” of Line of Credit Loan hereunder.

Line of Credit Loan means a Loan made by Lender to Borrower pursuant to Section 2.01(b), the proceeds of which shall be applied toward a category of use included on Schedule 3.12 and identified to Lender’s reasonable satisfaction. “Line of Credit Loan, Asset Sale and Casualty Proceeds Account” shall mean that certain disbursement account established and administered pursuant to Section 3.4(b) of the Security Agreement.