Lending agreement

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Lending agreement

A contract regarding funds transferred between a lender and a borrower.

Lending Agreement

A contract specifying the terms of a loan. Included in a lending agreement are the amount to be borrowed, the interest rate, and the maturity, or time until the loan comes due. A lending agreement is legally binding, giving each party certain obligations toward the other, namely the lender's obligation to provide funds and the borrower's obligation to repay them..
References in periodicals archive ?
Sales origination grew by 25% and almost half of new lending agreements were funded on HHF's own balance sheet.
Compensation is linked to 384,000 customer lending agreements which "may not have been affordable" and payments "which should have been refunded", the Financial Conduct Authority (FCA) said.
o under a contract for the provision of public services and lending agreements.
The signing of a credit line fostering youth employment brings the number of medium to long-term lending agreements in support of Italian firms concluded by the European Investment Bank (EIB) and the UBI Banca Group in the past three months to three - for a total amount of 350 million.
Citizens may sign money lending agreements at interest rates they need, but in case of a lawsuit, the court will take into account the interest rate annually set by the National Bank of Kyrgyzstan.
Six chapters are presented on non-disclosure and confidentiality agreements, employment agreements, services agreements, agreements for the sale of goods, lending agreements, and agreements for merger and acquisition.
Manufacturers' organisation EEF said the lending agreements would prove to be "as unenforceable as in the past".
Terms of the individual credit facilities and lending agreements will be subject to CDBa[euro](tm)s internal risk management requirements and operational regulations.
Vince Cable won huge support for his pre-election campaign to force banks into supporting small businesses and to honour lending agreements, but even stateowned banks are still refusing to lend.
House of Fraser's original lending agreements were said to have been out of date and restrictive to its ambitious expansion plans, although it is not thought to have been close to breaching any covenants.
House of Fraser's original lending agreements were said to have been out of date and restrictive - although it is not thought to have been close to breaching any covenants.
2 billion in debt is "becoming unsustainable" -- and could force it to breach its lending agreements or seek restructuring.