Borrowing Request definition: Copy, customize, and use instantly
Introduction
The term "Borrowing Request" refers to a formal request made by a borrower to obtain funds, typically under a credit agreement or loan facility. This request outlines the details of the borrowing, including the amount, the term, and the purpose for which the funds will be used.
Below are various examples of how "Borrowing Request" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Borrowing Request" as a request for funds
This definition ties "Borrowing Request" to a formal request for funds.
"Borrowing Request" means a formal request made by the Borrower for funds, specifying the amount and other terms of the loan, as required under this agreement.
Definition of "Borrowing Request" as a written request for credit
This definition connects "Borrowing Request" to a written request for credit.
"Borrowing Request" refers to a written request by the Borrower to obtain credit, which includes the requested loan amount, repayment terms, and intended use of funds.
Definition of "Borrowing Request" as an application for a loan
This definition applies "Borrowing Request" to an application for a loan.
"Borrowing Request" means an application submitted by the Borrower requesting a loan, detailing the loan amount, interest rate, and repayment schedule.
Definition of "Borrowing Request" as a request for a drawdown
This definition links "Borrowing Request" to a request for a drawdown on a credit facility.
"Borrowing Request" refers to a request made by the Borrower to draw down a specified amount from an available credit facility, in accordance with the terms of this agreement.
Definition of "Borrowing Request" as a formal loan request
This definition connects "Borrowing Request" to a formal request for a loan.
"Borrowing Request" means a formal request made by the Borrower to secure a loan, including details of the loan amount, interest, and repayment terms as specified in the credit agreement.
Definition of "Borrowing Request" as a request to increase the borrowing capacity
This definition ties "Borrowing Request" to a request to increase the borrowing capacity.
"Borrowing Request" refers to a request submitted by the Borrower to increase the available borrowing capacity, with detailed terms for the additional loan amount.
Definition of "Borrowing Request" as a request for a line of credit drawdown
This definition applies "Borrowing Request" to a request for a line of credit drawdown.
"Borrowing Request" means a request from the Borrower to draw down funds from a line of credit, specifying the drawdown amount and terms of the loan.
Definition of "Borrowing Request" as a formal notice for loan disbursement
This definition connects "Borrowing Request" to a formal notice for loan disbursement.
"Borrowing Request" refers to a formal notice issued by the Borrower to the Lender, requesting the disbursement of funds in accordance with the loan agreement.
Definition of "Borrowing Request" as a request to access a loan
This definition ties "Borrowing Request" to a request to access loan funds.
"Borrowing Request" means a request by the Borrower to access funds from a previously agreed-upon loan, specifying the amount and terms for disbursement.
Definition of "Borrowing Request" as a request for an advance under a loan agreement
This definition links "Borrowing Request" to a request for an advance under a loan agreement.
"Borrowing Request" refers to a request by the Borrower for an advance, as per the terms outlined in the loan agreement, including the loan amount and disbursement terms.
Definition of "Borrowing Request" as a request for loan funding
This definition applies "Borrowing Request" to a request for loan funding.
"Borrowing Request" means the Borrower's formal request for loan funding, including the loan amount, payment terms, and the purpose of the loan.
Definition of "Borrowing Request" as a request to initiate a loan transaction
This definition connects "Borrowing Request" to a request to initiate a loan transaction.
"Borrowing Request" refers to a request made by the Borrower to initiate a loan transaction, outlining the amount requested, the duration of the loan, and any applicable fees.
Definition of "Borrowing Request" as a request for funds under a revolving credit facility
This definition ties "Borrowing Request" to a request for funds under a revolving credit facility.
"Borrowing Request" means a request for funds from the Lender under a revolving credit facility, specifying the loan amount and terms of repayment.
Definition of "Borrowing Request" as a formal request for loan terms
This definition connects "Borrowing Request" to a formal request for loan terms.
"Borrowing Request" refers to a request from the Borrower for the Lender to approve specific terms and conditions related to a loan or credit facility.
Definition of "Borrowing Request" as an application for credit drawdown
This definition links "Borrowing Request" to an application for a credit drawdown.
"Borrowing Request" means an application by the Borrower to access funds from a credit facility, including the amount requested and the terms of disbursement.
Definition of "Borrowing Request" as a request for loan extension
This definition applies "Borrowing Request" to a request for a loan extension.
"Borrowing Request" refers to a request submitted by the Borrower seeking an extension of the loan period or an increase in the loan amount, as defined in the agreement.
Definition of "Borrowing Request" as a request to access an unsecured loan
This definition ties "Borrowing Request" to a request for an unsecured loan.
"Borrowing Request" means a request for an unsecured loan, specifying the amount to be borrowed, interest rate, and repayment schedule.
Definition of "Borrowing Request" as a request to convert a loan into a credit facility
This definition connects "Borrowing Request" to a request for converting a loan into a credit facility.
"Borrowing Request" refers to a request from the Borrower to convert an existing loan into a credit facility, including revised loan terms and limits.
Definition of "Borrowing Request" as a request to borrow under specific conditions
This definition ties "Borrowing Request" to a request for borrowing under specific conditions.
"Borrowing Request" means a request made by the Borrower to borrow funds under specific conditions outlined in the agreement, including any covenants or restrictions.
Definition of "Borrowing Request" as a request for short-term financing
This definition applies "Borrowing Request" to a request for short-term financing.
"Borrowing Request" refers to a request for short-term financing, specifying the loan amount and duration for which the funds are needed.
Definition of "Borrowing Request" as a request for a loan in a specified currency
This definition links "Borrowing Request" to a request for a loan in a specified currency.
"Borrowing Request" refers to a request for a loan to be provided in a specific currency, detailing the loan amount and terms of repayment.
Definition of "Borrowing Request" as a request for a loan with specified interest rate
This definition ties "Borrowing Request" to a request for a loan with a specified interest rate.
"Borrowing Request" means a request by the Borrower for a loan that specifies the interest rate, repayment period, and any other terms related to the borrowing.
Definition of "Borrowing Request" as a formal request for loan conditions review
This definition connects "Borrowing Request" to a formal request for review of loan conditions.
"Borrowing Request" refers to a formal request from the Borrower for a review of the loan conditions, including the amount and repayment terms, as stipulated in the agreement.
Definition of "Borrowing Request" as a request to borrow against collateral
This definition applies "Borrowing Request" to a request for borrowing against collateral.
"Borrowing Request" means a request for funds to be borrowed against collateral, specifying the collateral and the loan amount requested.
Definition of "Borrowing Request" as a request for a drawdown under a credit agreement
This definition links "Borrowing Request" to a drawdown request under a credit agreement.
"Borrowing Request" refers to a request for a drawdown made under the terms of a credit agreement, including the amount requested and conditions for repayment.
Definition of "Borrowing Request" as a request for working capital
This definition ties "Borrowing Request" to a request for working capital.
"Borrowing Request" means a request for funds specifically for working capital purposes, specifying the amount required and the intended use.
Definition of "Borrowing Request" as a request for a facility loan
This definition connects "Borrowing Request" to a request for a facility loan.
"Borrowing Request" refers to a request for a loan under a specific facility, detailing the loan amount, interest rate, and repayment terms.
Definition of "Borrowing Request" as a request for debt financing
This definition applies "Borrowing Request" to a request for debt financing.
"Borrowing Request" refers to a request for debt financing, specifying the amount to be borrowed, the interest rate, and the term of the loan.
Definition of "Borrowing Request" as a request for funding under loan agreement
This definition ties "Borrowing Request" to a request for funding under a loan agreement.
"Borrowing Request" means a request made by the Borrower to access funding under the terms of the loan agreement, including the loan amount and repayment conditions.
Definition of "Borrowing Request" as a request for project financing
This definition connects "Borrowing Request" to a request for project financing.
"Borrowing Request" refers to a request for financing a specific project, detailing the funds required and the terms of the loan.
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