Lending agreement

(redirected from Lending Agreements)

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 ?
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".
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House of Fraser's original lending agreements were said to have been out of date and restrictive to its ambitious expansion plans, although it is not thought to have been close to breaching any covenants.
House of Fraser's original lending agreements were said to have been out of date and restrictive - although it is not thought to have been close to breaching any covenants.
Gordon Brown said the Government had signed lending agreements with the Royal Bank of Scotland, Lloyds TSB and Northern Rock.
We had already taken action to clean up the balance sheets of British banks and had signed binding lending agreements with several to get more credit flowing to small businesses and households.
Sunrise plans to file the delinquent statements by July 31, a deadline it must meet to maintain compliance with the terms of its lending agreements.
The paper said in March the firm, which is listed on the New York Stock Exchange, breached several lending agreements with its bankers and needs the money to settle debts and restore liquidity.
Delta Air Lines has once more asked its bondholders to renegotiate the airline's lending agreements as it edges towards bankruptcy.
The proceeds to be received by Expanets from the transaction following post-closing adjustments and the payment of certain specified liabilities will be administered by Expanets in accordance with the terms of applicable lending agreements, its corporate charter and provisions of Delaware law.
The new lending agreements will replace existing ones with Citibank that have terms expiring at the end of 2000.