How is Term of the Loan defined in a legal contract?
- Term of the Loan means the period from the issuance until all amounts due, including charges and costs, are completely repaid or no longer due. Seen in 9 SEC filings
- Term of the Loan means the period beginning on settlement and ending when the last repayment is due as outlined in the [schedule]. Seen in 2 SEC filings
- Term of the Loan means a period including the total loan period and the single loan payment period. The total loan period is the period from the first provision of the loan to the date all principal and interest of the loan are repaid by the borrower in accordance with the contract. The single loan payment period is a period from the provision of single loan amount to the date all principal and interest of this particular loan are repaid by the Borrower as agreed upon. Seen in 1 SEC filing
- Term of the Loan means the period initiating immediately on the drawdown date and ending at the earlier of the end of the license term or another predetermined date. Seen in 1 SEC filings
- Term of the Loan means the time frame between the day the loan is provided to the borrower and the maturity date. Seen in 1 SEC filings
- Term of the Loan means the period commencing on this date and terminating on the earlier occurrence of the maturity date and the repayment of the outstanding principal amount of the vendor loan, including all accrued but unpaid interest. Seen in 1 SEC filings
- Term of the Loan means the period between the close date of the subscription and the maturity date. Seen in 1 SEC filings
Note: pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.
yourself to verify these results. We are always keen to point people to source documents.
Which definition should you use?
🤔 has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.
Genie Definition 1
- Term of the Loan means the time frame from loan issuance to the complete repayment of all amounts due.
Relevant Contract Types
Relevant Circumstances
- The loaning of funds by a lender to a borrower, typically executed in the organizing or expansion of a business.
- Acquisition or refinancing of a property or real estate.
- Settling or negotiation of an outstanding debt.
Relevant Sectors
Genie Definition 2
- Term of the Loan means the period from the first loan provision to the final repayment of all principal and interest by the borrower.
Relevant Contract Types
Relevant Circumstances
- When funds are borrowed for specific expenses like higher education, major home appliances, or a vehicle.
- Procurement of a loan which is guaranteed with a collateral.
- Personal borrowing of money from a lender for any personal purpose.
Relevant Sectors
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Term of the Loan means the time frame from loan issuance to the complete repayment of all amounts due
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