demand loan


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Related to demand loan: Term loan
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  • noun

Synonyms for demand loan

a loan that is repayable on demand

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References in periodicals archive ?
FairWest Energy Corporation (TSX VENTURE:FEC), a Calgary, Alberta based oil and gas company engaged in the acquisition, exploration, development and production of crude oil, natural gas and natural gas liquids in the provinces of Alberta and Saskatchewan, has received a verbal indication from its principal lender that it will be required to pay back all amounts outstanding on its USD8m demand loan facility, in early 2012.
These rules also apply to a term loan that is treated as a demand loan because of the requirement that the employee perform future services to receive the loan (Prop.
Treating a Gift Demand Loan as a 213 Retained-Interest Transfer c.
A split-dollar term loan is any loan that is not a demand loan (e.
IRC Section 7872(e)(1) defines below-market loans; a demand loan is a below-market loan if interest is payable on it at a rate less than the "applicable federal rate" in effect for the loan period.
A below market loan is defined in the Internal Revenue Code as either a demand loan or a term loan, depending on the repayment terms.
2) Is the loan a demand loan or a term loan (including loans with indefinite maturities)?
The lender may require repayment of a demand loan at any time, without notice.
On September 26, demonstrators marched from the White House to the International Monetary Fund (IMF) headquarters to demand loan forgiveness for dozens of poor countries.
RBC was to have changed the program documents to provide for repayment of the demand loan in-kind if cover assets could not be sold at par or higher by year-end 2012.
M2 EQUITYBITES-July 11, 2017-Flyht amends operating demand loan
The credit facility includes a revolving operating demand loan of CAD55m and an acquisition/development demand loan of CAD15m, representing a 55% rise over Marquee Energy's existing credit facility.
signed a revolving operating demand loan agreement, effective July 21, 2010.
The lender has extended the term of the Agreement to July 31, 2009 to allow the company time to complete the planned financings, although demand loan has been reduced from CAD12.
5 million revolving-term loan secured by tanks and supply contracts; and a $750,000 demand loan secured by inventory and accounts receivable.