Principal amount of the loan definition

Principal amount of the loan means the gross amount the borrower is obligated to repay including any prepaid finance charge that is financed, and any other charge that is financed;
Principal amount of the loan means the gross loan amount the borrower is obligated to repay including any prepaid finance charge and other charges which are financed. The provisions of this subdivision apply to all loans negotiated before, on and after June 14, 1993;
Principal amount of the loan means the gross loan amount the

Examples of Principal amount of the loan in a sentence

  • The prepayment charge will be charged in effect to a full Payment or one or more partial Payments, and the total of all such Prepayment in any 12-month period exceeds twenty percent (20%) of the original Principal amount of the loan.

  • Provided Borrower does not default on any of the obligations of this Loan and Note, interest will not begin to accrue on the Principal amount of the loan until May 15, 2021.

  • In our opinion and according to the information and explanations given to us, the receipt of the Principal amount of the loan including interest thereon had been regular.

  • Country Nature of business of borrowers Maturity date Interest rate Principal amount of the loan Less: Impairment loss for the financial year (1,244) (359) 16,256 17,141 The loans and advances are denominated in HKD.

  • The Loan Agreement The principal terms of the Loan Agreement are summarised as follows: Date : 5 July 2013 Lender : Hong Kong Builders Borrower : Customer D Principal amount of the loan : HK$50.00 million Available period : The period commencing from the date on which the Loan Agreement becoming unconditional and ending on 9 July 2013 or such date as Hong Kong Builders at its absolute discretion agree.

  • The Principal amount of the loan shall be repaid together with any interest or other amounts payable hereunder within 30 days after the date, on which the Company raises capital with the cumulative gross proceeds of not less than $7.5 million.

  • Loan Type: Stafford, Grad PLUS, Consolidated, Perkins, Private, etc.Lender: Name of the lender you are repayingOriginal Debt: Principal amount of the loan originally borrowedCurrent Balance: Total amount still owed, including accrued interestRepayment Status: F=Forbearance (not making payments but interest is accruing), D=Deferment (not making payments and interest is NOT accruing), R=RepaymentPayment Amount: Amount of monthly payment.

  • A summary of the principal terms of the Charmate Second Loan Agreement is set out below: Lender: Sunway Financial Borrower: Charmate Principal amount of the loan: HK$20,000,000 Term: The term of the loan shall be six months commencing from the date of drawdown of the loan or such other date as agreed in writing between Sunway Financial and Charmate.

  • The yield to matur- ity on Carol's loan is 10.2467%, compounded annually.She figured the amount of points (OID) she could deduct in 2017 as follows.‌ Principal amount of the loan $100,000Minus: Points (OID) .

  • When an urn is found in a ploughed-over burial pit but still standing upright with a lid still placed on top, it is fairly safe to state such a grave is for the most important part still intact.


More Definitions of Principal amount of the loan

Principal amount of the loan means the loan from FCM to the Borrower set forth in Article II;
Principal amount of the loan means the gross loan amount the borrower is obligated to repay including any prepaid finance charge as defined in section 36a-746a, as amended by this act, and other charges that are financed;
Principal amount of the loan means the total amount of credit

Related to Principal amount of the loan

  • Principal Amount Outstanding means, in respect of a Covered Bond on any day the principal amount of that Covered Bond on the relevant Issue Date thereof less principal amounts received by the relevant Covered Bondholder in respect thereof on or prior to that day.