Loan Factor

Example Definitions of "Loan Factor"
Loan Factor. Is the percentage which results from amortizing the Equipment Advance over the Repayment Period, using the Basic Rate as the interest rate.
Found in ADAYTUM SOFTWARE INC contract
Loan Factor. Is the percentage which results from amortizing the Option 2 Loan or Option 4 Loan, as applicable, over the Equipment Loan Repayment Period, using the Option 2 Basic Rate or the Option 4 Basic Rate, respectively, as the interest rate as set forth in the applicable Loan Supplement.
Found in SABA SOFTWARE INC contract
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