Loan obligation definition

Loan obligation means a bond, note, or other evidence of an obligation issued by a qualified borrower.
Loan obligation means a bond, note, or other evidence of obligation issued by a project sponsor to evidence its indebtedness under a loan agreement with respect to a loan.
Loan obligation means that amount of Bonds issued by the Bank which shall be equal to the principal amount of Municipal Bonds outstanding of a Governmental Unit, as certified to the Trustee by the Bank.

Examples of Loan obligation in a sentence

  • This account shall be maintained as long as the Loan obligation remains unsatisfied.


More Definitions of Loan obligation

Loan obligation means a bond, note, or other evidence of obligation issued by a local government to evidence its indebtedness under a loan agreement or otherwise with respect to a loan.
Loan obligation means any debt incurred by an Eligible Owner and secured by
Loan obligation. Each Whole Loan or Participation identified on Exhibit A hereto.
Loan obligation means the total amount owing from time to time by the Company, excluding any amount owing by the Company in respect of its share capital, the aggregate of the amounts transferred in terms of the Act to the reserves and provisions of the Company and any debt to be discharged from monies in the Levy fund referred to in Article 9 of the MOI.
Loan obligation means any evidence of indebtedness or other obligation to repay a loan, acquired by the District pursuant to the Loan Agreement, which is issued by a Public Entity and payable from taxes, non-ad valorem sales taxes, or from rates, revenues, charges or assessments, or distributions of revenue pursuant to a state appropriation or statutory or constitutional provision, or payable from a pledge of property, or other amounts.
Loan obligation means a commercial loan.