Define: Term of the Loan
Term of the Loan means the time frame from loan issuance to the complete repayment of all amounts due
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Term of the Loan means the time frame from loan issuance to the complete repayment of all amounts due.
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.