Available Loan Amount definition

Available Loan Amount means, as of any date of determination, the lesser of (a) the Aggregate Commitments, and (b) the Borrowing Base.

Available Loan Amount means, on any Business Day, an amount equal to the lesser of (a) (i) the then current Available Facility Amount minus (ii) the Outstanding Aggregate Loan Amount, and (b) the Borrowing Base (giving effect to all Collateral to be pledged hereunder on such Business Day).

Available Loan Amount means at any time with respect to all Borrowers collectively, the lesser of (a) the Maximum Commitment and (b) the sum of (i) the Borrowing Base of Initial Borrower and (ii) the Borrowing Base of each other Borrower minus (iii) the FX Reserve Amount at such time.

Examples of Available Loan Amount in a sentence

• This is around £0.7m less than anticipated in December 2018 as a result of funding additional pressures across the council.

• If the Available Loan Amount, or any part thereof, is subject to a Fixed Interest Rate, and the Bank postpones the Last Availability Date, the Borrower shall promptly pay to the Bank such amount of Unwinding Costs as shall, from time to time, be notified by the Bank in writing to the Borrower.

• Available Loan Amount: Up to $50,000.00 maximumTotal Debt Ratio: Maximum back ratio of 50% Repayment Terms: The loan will be repaid via principal and interest monthly payments fully amortized over a period not to exceed 30 years at 1.50% interest.

• At this level, you want to repay these policy loans, because you want to always be planning to enjoy the maximum Available Loan Amount possible at retirement, or whatever you call your post-employment years.When the “Finance Yourself” level is covered, you can begin offering financing to family members, usually children and grandchildren.They need TVs, house down-payments, cars, educations, and so on.

• Notwithstanding the provisions of Section 2.01(a) and (b) , after giving effect to any Committed Borrowing, (i) the Total Outstandings shall not exceed the Available Loan Amount, (ii) the Total Revolving Outstandings shall not exceed the Available Revolver Amount, (iii) the Revolving Credit Exposure of any Lender shall not exceed such Lender’s Revolving Loan Commitment, and (iv) the aggregate Term Loans advanced by any Lender shall not exceed such Lender’s Term Loan Commitment.

More Definitions of Available Loan Amount

Available Loan Amount means, at any time, the lesser of: (a) the Maximum Commitment; or (b) ninety percent (90%) of the Unfunded Commitments of the Included Investors.

Available Loan Amount means (a) the Borrowing Base Amount less (b) the Total Unsecured Indebtedness of the Consolidated Group (excluding the Obligations).

Available Loan Amount or any of the related defined terms (except that the definition of “Maximum Commitment” may be revised to increase or decrease such amount pursuant to its terms, or otherwise with the consent of the Lenders increasing or decreasing their Commitments in connection therewith);

Available Loan Amount means, on any Business Day, an amount equal to the lesser of

Available Loan Amount means the Maximum Loan Amount minus the aggregate Principal Obligations for all Loans.

Available Loan Amount means, at any time, the amount, if any, by which (a) the Unencumbered Pool Value at such time divided by 2.0, exceeds (b) all Unsecured Liabilities (excluding the Loans) of Borrower and its Consolidated Subsidiaries.

Available Loan Amount means, as of any date of determination, the lesser of (a) the unfunded Aggregate Commitments, and(b) (i) the Borrowing Base less (ii) the outstanding principal balance of the Loans.