Amount Outstanding Clause Samples
The 'Amount Outstanding' clause defines the total sum of money that remains unpaid under a contract or financial agreement at any given time. This typically includes principal, accrued interest, and any other amounts due but not yet paid by the borrower or obligor. By clearly specifying what constitutes the outstanding amount, the clause ensures both parties have a mutual understanding of current liabilities, which is essential for calculating payments, enforcing rights, or determining obligations in events such as default or early repayment.
Amount Outstanding. Allow the Amount Outstanding to be greater than the Maximum Availability at any time.
Amount Outstanding. The outstanding principal balance of all Tranches that shall be made pursuant to this Agreement shall not exceed the Loan Commitment.
Amount Outstanding. The amount represented by Seller to Buyer as owing by an obligor under each Mortgage Loan being serviced under a Servicing Contract is the correct amount actually owing by that obligor.
Amount Outstanding. The amount outstanding is the aggregate of:
(a) the Loan Amount together with any interest fees or charges (whether capitalised or not), that are outstanding at the Loss Date;
(b) fees and charges paid or incurred by the Insured ; and
(c) such other amounts (including fines or penalties) which the Insurer in its absolute discretion approves; which the Insured is entitled to recover under the Insured Loan Contract or any Mortgage Guarantee.
Amount Outstanding. As of the execution of this Commercial Promissory Note (this “Note”), the total amount advanced and outstanding to the Borrower is $1,163,028.70 in Principal and $139,466.06 in outstanding interest (“Outstanding Interest”), Principal and Outstanding Interest together represent the “Loan Amount”.
Amount Outstanding. £ . . . . . . . . . . . . . . . . . . . . . . . . . BOAT NAME: . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . BW No: . . . . . . . . . . . . . . . . . . . . . . . . Length: . . . . . . . (ft) HIN/CIN: . . . . . . . . . . . . . . . . . . . . . . . . . . . . Engine: . . . . . . . . . . . . . . . . . . . . . . . .
Amount Outstanding. Assuming the payment of all amounts due on the execution of this Agreement as provided in Section 2.6(b) hereof, and other than with respect to up to the additional $15,000 payable under, but subject to Section 6 above, the parties hereto expressly and irrevocably agree that the aggregate amount due by the Company, the Buyer and/or any other related person (including, but not limited to, ▇▇. ▇▇▇▇▇), to the Sellers, the Seller’s Representative and/or any of their respective representatives, attorneys and/or agents or any other related person relating to this Agreement, the Seller Notes, the Security Agreement and/or any other Transaction Document or any transactions contemplated in any such documents is in the aggregate $412,668 consisting of the aggregate principal amount of the Past Due Balance as of the date of this Agreement.
Amount Outstanding. The total amount due and outstanding under the Amended Financing Agreement as of June 5, 2002 is not less than $160,009,864.25 in principal amount and $1,880,367.71 in accrued and unpaid interest and fees, exclusive of Lenders' costs and expenses subject to reimbursement pursuant to Section 10.04 of the Amended Financing Agreement.
Amount Outstanding. Notwithstanding the Debenture Balance set forth above, each of Borrower and Lender agree that as of the date hereof, so long as Borrower complies with the terms of this Agreement, the outstanding balance of the Debenture shall be deemed to be equal to One Million One Hundred Twenty-Six Thousand Three Hundred Sixty Dollars ($1,126,360.00) with interest accruing at the rate of eight percent (8%) per annum, simple interest based on a 360-day year, commencing on the date hereof (the “Forbearance Amount”), subject to the terms of the Conditional Discount (as defined below); provided, however, that in the event Borrower breaches any term or provision of this Agreement or any additional Events of Default or Trigger Events occur under the Debenture or the Loan Documents after the date hereof, the parties agree that the outstanding balance of the Debenture as of the date of this Agreement shall be deemed to have been the Debenture Balance, and any interest, fees, or penalties accrued and accruing thereafter shall accrue on the Debenture Balance.
Amount Outstanding. The amount outstanding under the Note reflecting principal and accrued interest as of the Effective Date is $:95,000.