Sentences with phrase «under the loan terms»

Loan terms are disclosed and available under Loan Terms banner.
Fails to pay property taxes, homeowner's insurance premiums, condo fees or other mandatory obligations under the loan terms; or
You'll find this on Page 1 under the Loan Terms tab on the line that says «Interest Rate.»
On the first page of the form, look under the Loan Terms tab for the line that says «Loan Amount.»
• Interest that you paid on a loan if you were not legally obligated to make interest payments under the loan terms
If these obligations are not fulfilled as agreed upon under the loan terms, foreclosure may occur under any kind of home loan.
Under the loan terms, Bennett must repay only $ 10,000 of the loan at a 2 percent interest rate over 30 years.
Borrowers may continue to defer repayment for the life of the loan, and the loan only becomes due and payable if the borrower moves away, passes away, sells the home or defaults under loan terms.

Not exact matches

For example, if you buy a piece of machinery with a loan that was intended to fill a short - term need like employee payroll, then you risk being saddled with a loan that you can't get out from under.
Beginning last month, all 178 Cash Store and Instaloans (the two brands the Cash Store operates under) locations in Ontario began offering lines of credit, not payday loans, to consumers looking for short - term financial help.
«Since our company isn't one with much capital — our «assets» are our employees and contracts — we have been able to finance new programs under an accounts receivable margining system, in which the bank will loan us short - term funds based on our current contracts and receivables.
China eased the payment terms two years ago on some $ 19 billion in oil - for - loan deals, under which...
«Under CAPLines,» notes the SBA, «there are five distinct short - term working capital loans: the Seasonal, Contract, Builder's, Standard Asset - Based, and Small Asset - Based lines.
Under the terms of the loan, his death represented a default.
NMG may voluntarily prepay outstanding loans under the Senior Secured Term Loan Facility at any time without premium or penalty other than customary «breakage» costs with respect to LIBOR loans.
In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, NMG will be required to eliminate such excess within a limited period of time.
There is no scheduled amortization under the Asset - Based Revolving Credit Facility; the principal amount of the revolving loans outstanding thereunder will be due and payable in full on May 17, 2016, unless extended, or if earlier, the maturity date of the Senior Secured Term Loan Facility and the Senior Subordinated Notes (subject to certain exceptions).
In addition to extending the maturity of a portion of the existing term loans under the Senior Secured Term Loan Facility, the TLF Amendment changed the «applicable margin» used in calculating the interest rate under the term loterm loans under the Senior Secured Term Loan Facility, the TLF Amendment changed the «applicable margin» used in calculating the interest rate under the term loTerm Loan Facility, the TLF Amendment changed the «applicable margin» used in calculating the interest rate under the term loterm loans.
The Asset - Based Revolving Credit Facility provides that we have the right at any time to request up to $ 300 million of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 million.
The Asset - Based Revolving Credit Facility provides that NMG has the right at any time to request up to $ 300 million of additional revolving facility commitments and / or incremental term loans, provided that the aggregate amount of loan commitments under the Asset - Based Revolving Credit Facility may not exceed $ 1,000 million.
In addition, at any time when incremental term loans are outstanding, if the aggregate amount outstanding under the Asset - Based Revolving Credit Facility exceeds the reported value of inventory owned by the borrowers and guarantors, we will be required to eliminate such excess within a limited period of time.
The amendment provided for (i) an immediate reduction in the interest rate margin applicable to the loans outstanding under the Senior Secured Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2Term Loan Facility from (a) 3.50 % to 3.00 % for LIBOR borrowings and (b) 2.50 % to 2.00 % for base rate borrowings, (ii) an immediate lowering of the LIBOR floor for loans outstanding under the Senior Secured Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2Term Loan Facility from 1.25 % to 1.00 % and (iii) the borrowing of incremental term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2term loans, the proceeds of which were used to repay the outstanding loans of lenders that did not consent to the repricing amendment (the Non-Consenting Lenders) in an aggregate principal amount of approximately $ 99.6 million, which is the amount of loans held by such Non-Consenting Lenders on February 8, 2013.
However, the lenders are under no obligation to provide any such additional commitments or loans, and any increase in commitments or incremental term loans will be subject to customary conditions precedent.
We may voluntarily prepay outstanding loans under the Senior Secured Term Loan Facility at any time without premium or penalty other than customary «breakage» costs with respect to LIBOR loans.
Short - term online lenders, often have an answer to your loan application in under an hour and funds in your account as quickly as the next business day.
In 2013, FHA revised its mortgage insurance premium policy so that all new FHA mortgages with down payments under 10 % have to pay mortgage insurance premiums for the whole loan term.
Under the right circumstances, and with the right loan terms, inventory financing could make sense to purchase inventory — provided the business has the appropriate cash flow to make the periodic loan payments.
Omega works to obtain contractual rent escalations under long - term leases, along with fixed - rate mortgage loans.
Under the right circumstances and with the right loan terms, leveraging inventory loans can be a smart business move.
Borrowings under the refinanced Term Loan bear interest at a rate equal to, at our option, either (a) LIBOR (not less than 1.0 %) plus 3.0 % per annum or (b) 2.0 % per annum plus the highest of (i) the Federal Funds Rate plus 0.5 %, (ii) the Prime Rate, or (iii) one - month LIBOR plus 1.0 %.
Under the general terms of an installment loan, you agree to pay back the loan in monthly payments — plus interest and fees — over a set period of time.
Under the terms of a home equity loan, your lender would convert your equity amount into a lump sum of cash money that you could then use for whatever you'd like.
And while federal loans come with their own set of challenges and risks, all 1.37 million private loan borrowers are often subject to fewer protections and less flexible repayment plans than those offered under federal loan agreements.Less accommodating repayment options and more rigid terms can quickly lead to private student loan defaults, which is a dangerous financial place to be.
The page for each state where payday lending is legal gives the key cost of loan terms under state law.
As of December 31, 2013, $ 2.3 million was outstanding under the senior term loan, $ 9.0 million was outstanding under the mezzanine facility, and nothing was outstanding under the revolving line of credit.
Note that the borrower must have been legally obligated to make payments under the terms of the loan.
At LendingClub, you won't be required to put up collateral for loans under $ 100,000, and the lender has better terms than many other alternative lenders, with maturities up to 5 years and APRs starting at 7 %.
Borrowings under our credit facility bear interest at a per annum rate equal to, at our option, either (a) for LIBOR loans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, LIBOR (but not less than 1.0 % for the term loan only) or (b) for ABR loans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans, the highest of (i) the federal funds effective rate plus 0.5 %, (ii) the prime rate, or (iii) one month LIBOR plus 1.0 %, plus a margin ranging from 3.25 % to 3.75 % for LIBOR loans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeloans and 2.25 % to 2.75 % for ABR Loans, depending on our leverage ratio and on certain factors relating to this offeLoans, depending on our leverage ratio and on certain factors relating to this offering.
Before committing to an ARM it's a good idea to calculate whether you could afford to pay the maximum interest rate allowed under the proposed loan terms.
In addition, we borrowed the remaining $ 6 million available under the term loan executed in 2009.
Borrowings under the refinanced Credit Facility bear interest at a rate equal to, at our option, either (a) LIBOR (not less than 1.0 % for the Term Loan only) plus 3.75 % per annum or (b) 2.75 % per annum plus the highest of (i) the Federal Funds Rate plus 0.5 %, (ii) the Prime Rate, or (iii) one - month LIBOR plus 1.0 %.
The interest rate was revised such that borrowings under the refinanced Term Loan bear interest at a rate equal to, at our option, either (a) LIBOR (not less than 1.0 %) plus 3.0 % per annum or (b) 2.0 % per annum plus the highest of (i) the Federal Funds Rate plus 0.5 %, (ii) the Prime Rate, or (iii) one - month LIBOR plus 1.0 %.
There are other forms of debt - financing with less - friendly terms than the SBA loan — but again, those come with their own requirements (not to mention the burden of starting your business under a pile of debt).
The lenders under this facility consisted of certain funds managed by Cerberus Capital Management as first out lender and Salus Capital Partners as last out lender (2013 term loan).
B&G Foods completed the refinancing of its senior secured credit facility, increasing the principal amount of the tranche B term loans by $ 10 million to approximately $ 650 million and the aggregate commitments under its revolving credit facility from $ 500 million to $ 700 million.
Apply will hold 70 % of the special purpose vehicle, and will provide a financing framework (owners» loans) under terms and conditions set forth in the agreement «subject to the needs of the activity and business viability.»
Ability to pay back the loan: Lenders will assess your potential to repay the loan under the terms of an agreement.
Under the terms of a loan, repayment can have different schedules and requirements.
Atlas is striving to complete a major restructuring of its Term Loan B debt facility announced in December, under which the miner's lenders would cancel about half the debt and extend its maturity date in exchange for 70 per cent of the company's shares and options on issue.
Many Chelsea players have gone out on loan in the past and never returned, but there seems to be a slight change of stance under Conte, who has found a place for Christensen this season and for Victor Moses last term, even if other youngsters such as Nathaniel Chalobah and Nathan Ake were sold a little prematurely.
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