How is Loan Period defined in a legal contract?
- Loan Period means the duration beginning on the advance date of the relevant LIBOR Rate Loan and concluding after 1, 2, or 3 months, corresponding to the chosen interest rate term by the borrower. This period's end date adjusts if it falls on a non-business day or at the month's end. Specific provisions apply if any Loan Period starts on the last business day of a month. Seen in 26 SEC filings.
- Loan Period means the duration from the Loan's Funding Date and ending not less than [number] days thereafter nor more than 6 months thereafter, as specified in the Bid Loan Request. The Loan period is associated with both Absolute Rate Loan and LIBOR Rate Loan. Seen in 15 SEC filings.
- Loan Period means the time period expressed in days from the loan date to the return date. Seen in 11 SEC filings.
- Loan Period means the length of time between loan installments. Seen in 11 SEC filings.
- Loan Period means the time period starting on the date of this Agreement and ending on the day the Loans and all amounts outstanding under this Agreement have been fully and indefeasibly repaid to the Lenders. Seen in 9 SEC filings.
- Loan Period means the combined duration of the Revolving Loan Period and Term Loan Period. Seen in 8 SEC filings.
- Loan Period means the duration commencing on the advance date or the Conversion Date of the applicable LIBOR Rate Loan and ending on the numerically corresponding day 1, 2, or 3 months thereafter corresponding to the interest rate term chosen by the Borrower. Seen in 8 SEC filings.
Which definition should you use?
🤔 Our AI Legal Assistant 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
Loan Period means the time span starting on the loan's start date and ending after a specified, predefined duration.
Relevant Contract Types
Relevant Circumstances
- When a borrower and lender establish a lending relationship
- When a private or commercial real estate purchase is being financed
- Business Expansion Loans
Relevant Sectors
Genie Definition 2
Loan Period means the interval between loan installments.
Relevant Contract Types
Relevant Circumstances
- When a loan is repaid in regular installments
- Student loans repayment structure establishment
Relevant Sectors
Genie Definition 3
Loan Period means the duration starting on the agreement's date and ending when all loans and outstanding amounts have been fully repaid.
Relevant Contract Types
Relevant Circumstances
- When creating terms for debt settlement
- Business acquisition financing contracts
Relevant Sectors
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Loan Period means the time span starting on the loan's start date and ending after a specified, predefined duration
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