Loan Agreement


Also found in: Acronyms, Wikipedia.

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 ?
The session will include another draft law on the loan agreement between Tunisia and AFD (February 14, 2019), concerning participation in the financing of the online health services programme, in addition to the draft statute of patients' rights and medical liability.
Carpio assailed the confidentiality clause in the loan agreement, saying it goes against the public's right to information as well as access to documents on matters of public concern under the 1987 Constitution.
(It is important that citizens know the details of the loan agreement to ensure it is spent wisely.
Discussed the draft agreement on the Loan Agreement between the Ministry of Finance and the Federal Republic of Germany.
According to the Makabayan congressmen, the loan agreement's confidentiality clause violated the public's constitutional right to information, the same argument they used when they questioned last month the government's $62-million loan agreement with China for the Chico River Pump Irrigation Project in the Cordilleras.
The supplemental loan agreement dated August 9, 2012 was then signed to amend the second loan's purpose by removing 'general investment' and specifying it as only for natural resources-linked investments and working capital, he said.
'No takeover of our state assets is possible because we do not provide any collateral for any of the loan agreements we have entered into with any government,' Finance Undersecretary Bayani H.
Faisal Al Haimus, Chairman & President of TBI, said that the loan agreement will enable to provide support for SMEs in Iraq, a sector which is playing a big role in the economic upturn by driving the growth.
Summary: New Delhi [India], Apr 25 (ANI): The World Bank on Wednesday announced signing of a loan agreement with India for IBRD credit of USD 125 (equivalent) for the "Innovate in India for Inclusiveness Project".
entered into a Second Amendment which amends the Loan Agreement, dated as of February 8, 2017.
ISLAMABAD -- Syed Ghazanfar Abbas Jilani, Additional Secretary (Incharge), Economic Affairs Division and Xiaohong Yang, Country Director, ADB exchanging documents after signing loan agreement for KP Roads Improvement Project .
Apart from the provisions regarding unfair practices, banking institutions are obliged to inform borrowers and implement practices which must be followed prior to the signing of the loan agreement to ensure that the borrower is in a position to evaluate whether the proposed loan agreement and any other supplementary services are in line with his needs and his financial status.