Facility amount shall mean
Web[5-25], ____. Each installment shall be in an amount equal to_____ percent ( ____%) of the fully disbursed original principal amount of this Note; provided that, on the last Payment Date, the Maker shall repay in full the principal amount hereof then outstanding. B. Interest. Interest on this Note is payable on each Payment Date, beginning on WebFacility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to …
Facility amount shall mean
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WebDec 7, 2024 · A revolving credit facility is a line of credit that is arranged between a bank and a business. It comes with an established maximum amount, and the business can access the funds at any time when needed. The other names for a revolving credit facility are operating line, bank line, or, simply, a revolver. A revolving type of credit is mostly ... WebMinimum Loan Amount: N1,000 (One Thousand Naira) Maximum Loan Amount: N300,000 (Three Hundred Thousand Naira) Loan Tenor: Maximum of 30 days Interest Rate: 8% flat Insurance: 5% per transaction; A penal charge of 1% monthly and daily interest of 0.3% applies upon default; Interest on disbursed amount will be taken upfront on loan disbursal
WebDec 30, 2024 · A revolving Monthly Recurring Revenues (“MRR”) credit line facility of up to US$80,000,000 (Eighty Million US Dollars) (“MRR Credit Line Facility” and “MRR Credit Line Facility Amount”, respectively) shall be available for drawing by the Borrower, from the date that this letter agreement comes into force pursuant to Section 9 below … WebClause (i) shall not apply to a facility which is the principal residence (within the meaning of section 121) of the operator of the facility. ... (within the meaning of section 414(q)). (d) ... shall be increased by an amount equal to such recapture amount. For purposes of the preceding sentence, the term ...
WebApr 10, 2024 · This feature is offered by most financial institutions, including Private and Public Sector Banks. An overdraft facility is a type of short-term loan to be repaid in defined tenure, as required by the lender. Lenders shall levy the interest rates that the borrower needs to repay, as per the Bank’s terms and conditions. WebExamples of Facility Costs in a sentence. The Applicant shall have the opportunity to appeal the Notice of Eligible Facility Costs and the Appeal Process under Section …
WebAny difference between the Facility amount, interest rate, billing date or due date, as the case may be, finally approved by the Bank shall not affect the validity of these Terms. ... in relation to the Facility shall be deemed final, conclusive and binding on the Applicant. 1.2 The Definitions “Applicant's Account” shall mean the account ...
WebFacility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after … mas contingency reserveWebFacility Amount means (a) on or prior to the Facility Termination Date, an amount equal to the Maximum Facility Amount (as such amount may be reduced from time to time … ma scope of practice marylandWeb(c) Monthly Advance - The term “Monthly Advance” shall mean the amount advanced to the Physician each month, if and to the extent necessary, during the Initial Practice Year pursuant to Section 3.1(a) hereof. (d) Monthly Guaranteed Amount - … ma scope of practice missouriWebSep 6, 2024 · The response shall indicate whether a change will be made to the Facility Ratings methodology and, if no change will be made to that Facility Ratings methodology, the reason why. [Violation Risk Factor: Lower] [Time Horizon: Operations Planning] R6. Each Transmission Owner and Generator Owner shall have Facility Ratings for its … ma scope of practice nevadaWebNov 14, 2024 · Facility: A facility is a formal financial assistance program offered by a lending institution to help a company that requires operating capital. Types of facilities include overdraft services ... mas corporate finance ifzWebDec 1, 2024 · “Drawdown” shall mean each drawdown of the Facility within the Availability Period and as per the terms of the Financing Documents, including drawdown of any amount which becomes available against the Facility, pursuant to prepayment/ repayment of any earlier Drawdown; mas cookies taste bestWeb“Loan” shall mean either the housing loan facility or the LAP Loan, which has been agreed to be granted by the Lender to the Borrower upon the terms and conditions specified in this Agreement. “Loan Amount” shall mean the principal amount of the Loan disbursed to the Borrower as more particularly mentioned in Schedule I. mascord house plan 1250 westfall