Outstanding Loan Balance Sample Clauses

Outstanding Loan Balance. The outstanding principal amount of, and accrued interest on, the Loans and the Interest Rate applicable to the Loans from time to time, shall be, at all times, ascertained from the records of Lender and shall be conclusive absent manifest error.
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Outstanding Loan Balance. The outstanding principal balance of the Revolving Note as of May 31, 2008 is $2,086,318.24.
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Outstanding Loan Balance. The outstanding principal balance of the Revolving Note as of July 30, 2009 is $0.
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Outstanding Loan Balance. The total of all existing loans,
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Outstanding Loan Balance. As of September ___, 2022, the outstanding loan balance inclusive of principal and interest is $______________.
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Outstanding Loan Balance. The Outstanding Loan Balance of each loan shall be as set forth on the Loan Amortization Schedule originally delivered with the Note corresponding to and evidencing such loan. Such Outstanding Loan Balance will be recalculated as of each date on which principal with respect to such Note is prepaid by Borrower in accordance with Section 2.5 Any Lender’s recalculation of an Outstanding Loan Balance shall be deemed conclusive absent manifest error. Upon any recalculation of an Outstanding Loan Balance, Lender shall make applicable revisions to the related Loan Amortization Schedule and provide Borrower with a copy of such revised Loan Amortization Schedule. Revisions to a Loan Amortization Schedule as a result of partial prepayments of principal of the related Note shall be made by applying such prepayments in the inverse order of maturity, such that the latest principal installment or installments of the related Loan Amortization Schedule are thereby satisfied in whole or in part.
Sample 1
Outstanding Loan Balance. After giving effect to any Revolving Credit Loan (or the incurrence of any Letter of Credit Obligations), the outstanding principal amount of the Revolving Credit Loans would not exceed the lesser of the Borrowing Base and the Revolving Credit Commitments, in each case, less the then outstanding Letter of Credit Obligations. Each borrowing by the Borrowers hereunder shall constitute a representation and warranty by such Borrower as of the date thereof that the conditions contained in this Section have been satisfied.
Sample 1
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Related to Outstanding Loan Balance

  • Outstanding Balance The balance on Lender's books and records shall be presumptive evidence (absent manifest error) of the amounts owing to Lender by the Borrowers; provided that any failure to record any transaction affecting such balance or any error in so recording shall not limit or otherwise affect the Borrowers' obligation to pay the Obligations.

  • Loan Amount Party A agrees, subject to the terms and conditions of this Agreement, to extend the Loan to Party B and Party C in a total amount of RMB 10,000,000, of which 80% shall be for the benefit of Party B and the remaining 20% shall be for the benefit of Party C. The Loan shall be interest-free.

  • Revolving Loan Prepayments (i) In the event of the termination of all the Revolving Commitments, Borrower shall, on the date of such termination, repay or prepay all its outstanding Revolving Borrowings and all outstanding Swingline Loans and replace all outstanding Letters of Credit or cash collateralize all outstanding Letters of Credit in accordance with the procedures set forth in Section 2.18(i).

  • Amount of Revolving Advances Subject to the terms and conditions set forth in this Agreement including Section 2.1(b), each Lender, severally and not jointly, will make Revolving Advances to Borrowers in aggregate amounts outstanding at any time equal to such Lender’s Commitment Percentage of the lesser of (x) the Maximum Revolving Advance Amount less the aggregate Maximum Undrawn Amount of all outstanding Letters of Credit or (y) an amount equal to the sum of:

  • Amount of Swing Line Loans Upon the satisfaction of the conditions precedent set forth in Section 4.2 and, if such Swing Line Loan is to be made on the date of the initial Credit Extension hereunder, the satisfaction of the conditions precedent set forth in Section 4.1 as well, from and including the Restatement Effective Date and prior to the Facility Termination Date, the Swing Line Lender agrees, on the terms and conditions set forth in this Agreement, to make Swing Line Loans in Dollars to the Borrower from time to time in an aggregate principal amount not to exceed the Swing Line Commitment, provided that (i) the Aggregate Outstanding Credit Exposure shall not at any time exceed the Aggregate Commitment and (ii) at no time shall the sum of (a) the Swing Line Loans then outstanding, plus (b) the outstanding Revolving Loans made by the Swing Line Lender pursuant to Section 2.1 (including its participation in any Facility LCs), exceed the Swing Line Lender’s Commitment at such time. Subject to the terms of this Agreement, the Borrower may borrow, repay and reborrow Swing Line Loans at any time prior to the Facility Termination Date.

  • Maximum Loan Amount “Maximum Loan Amount” has the meaning set forth in Section 2.1(a).

  • Senior Prepayment Percentage See the definition of “Group 1 Senior Prepayment Percentage or Group 2 Senior Prepayment Percentage”.

  • Amount of Loan The Loan shall comprise the aggregate amount of Tranches disbursed by the Bank under the Credit, as confirmed by the Bank pursuant to Article 2.03.

  • Maximum Advance Amount The amount of an Advance requested by the Company shall not exceed the Maximum Advance Amount. In addition, in no event shall the number of shares issuable to the Investor pursuant to an Advance cause the aggregate number of shares of Common Stock beneficially owned by the Investor and its affiliates to exceed nine and 9/10 percent (9.9%) of the then outstanding Common Stock of the Company. For the purposes of this section beneficial ownership shall be calculated in accordance with Section 13(d) of the Exchange Act.

  • Amount of Credit Any reference herein to the amount of credit outstanding shall mean, at any particular time:

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