Loan Agreement

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Loan Agreement

A contract governing the extension of money from one party to another with the agreement that the money will be repaid. A loan agreement states the interest rate, the repayment period, the collateral (if any) and any special terms.
References in periodicals archive ?
Goshua writes the House of Representatives here, asking that body to invite the Ministers of Public Works, Justice, and Finance respectively to give updates on the performance of the Eton and Ebomaf loan agreements.
They said the SC should also order the government to submit all documents pertaining to the dam project as well as other loan agreements with China.
SRC International Sdn Bhd was not allowed to use the RM4 billion borrowed from civil servants' pension fund KWAP for corporate social responsibility programmes as it would breach the loan agreements, the High Court heard today.
"These clauses are present not only in the loan agreements between the Philippines and China under the current government, but also in other loans accords entered into by previous administrations, with, among others, France, and China," said Agabin who heads the DOF's Legal Affairs Group.
THE provisions in the country's loan agreements with China are standard in all other loan accords with other states and even with multilateral institutions such the World Bank and the Asian Development Bank (ADB), the Department of Finance (DOF) has reiterated, allaying concerns that vital Philippine assets used as collateral would be seized under the terms of default.
The waiver of sovereign immunity in loan agreements entered into by the government is a standard provision in all loan agreements, Senator Sherwin Gatchalian said Wednesday.
This new loan agreement replaces Volati's previous and existing loan agreements with Nordea and consists of a revolving credit facility of SEK700m and an overdraft facility of SEK200m.
13 approving two loan agreements between Egypt and the African development Bank (AFDB) for the Sustainable Development of Abu Rawash Water Treatment, Sewage Treatment and Sanitation projects.
The US Greenfields Petroleum Corporation, an independent exploration and production company holding an 80 percent interest in certain producing assets in Azerbaijan, is pleased to announce that it has reached an agreement to extend the maturity of certain loan agreements until December 31, 2018.
ISLAMABAD -- Federal Finance Minister, Senator Ishaq Dar on Thursday witnessed signing of loan agreements between Government of Pakistan and French Development Agency (AFD).
Claims under loan agreements (UAH 283 million) pledged as collateral accounted for accounted for the bulk of the sold assets.
The law governs loan agreements to consumers, that are secured with a mortgage or another similar security and relate to immovable properties which will be used for housing purposes.