What is the meaning of maturity date? The maturity date of a loan is the date on which the loan becomes due and must be paid in full. Terms can be short-, medium-, or long-term loans, ranging from less than two years to upwards of 30 years in the case of home mortgage loans.Wha...
Maximum Maturitymeans an obligation that has a remaining maturity of not greater than the period specified in the Standard (or if no such period is specified, thirty years); Final Maturityhas the meaning specified in Section 308. Initial TermLoan MaturityDatemeans September 24, 2014 or, if such...
The meaning of TIME LOAN is a loan with a definite maturity date.
The meaning of TIME LOAN is a loan with a definite maturity date.
Final Loan Maturity Datemeans December 31, 1998. Sample 1 Examples ofFinal Loan Maturity Datein a sentence The Borrowers may by written notice to the Agent elect to request (x) prior to theFinal Loan Maturity Date, an increase to the existing Commitments (each, an “Incremental Revolving Comm...
Definition and meaning ADemand Loanis a loan that the lender can call at any time. We also use the termsDemand Note,Broker Loan, orCall Loan(when a broker is the borrower) with the same meaning. Put simply; the lender can demand full payment of the remaining balance on the loan at an...
Most loans also have a maturity date, by which time the borrower must have repaid the loan.A loan may be guaranteed by collateral, meaning that the lender either keeps an asset belonging to the borrower until the loan is repaid or has the right to seize such an asset in the event of ...
1.7 "Closing Date" means the date of this Agreement. 1.8 "Collateral" shall have the meaning assigned to such term in Section 3 of this Agreement. 1.9 "Commitment Amount" means Five Million Dollars ($5,000,000). 1.10 "Contracts" means all contracts, undertakings, franchise agreements or ...
A perpetual subordinated loan is a type of junior debt that continues indefinitely and has no maturity date.
Self-amortizing loans havefully amortized payments, meaning the payments follow the original payment schedule to repay the loan. This payment structure helps the lender and borrower manage risk, creating consistency and stability for both parties. ...