Loan Balances. The lender must re- port to the Agency the outstanding principal and interest balance on each guaranteed loan semiannually.
Loan Balances. As of the Payment Cutoff Date, the UPB of the Loan was the amount set forth in the Bid Summary Sheet;
Loan Balances. The outstanding balances owing on the Obligations, as described in this First Amendment, are true and correct.
Loan Balances. As of the close of business on May 8, 2003 (i) the principal balance outstanding of the Revolving Loans is $0, plus accrued and unpaid interest, (ii) the principal balance outstanding of Term Loan A is $6,883,333.33, plus accrued and unpaid interest, (iii) the principal balance outstanding of Term Loan B is $9,642,857.14, plus accrued and unpaid interest, and (iv) the outstanding amount due under all Letters of Credit issued for the account of the Borrower is $0. All amounts set forth in the preceding sentence and all costs and expenses thereon are due under the Loan Agreement without defense, off-set or counterclaim. Borrower acknowledges that it is legally, validly and enforceably liable to Lenders for all costs and expenses of collection and attorneys' fees related to or in any way arising out of this Amendment, the Loan Agreement as amended hereby, the Amended Term Loan Notes, and the First Amendment to Guarantor Security Agreement referred to in Paragraph 6(c) hereof, and that Borrower has no claims, demands or rights of set-off against Lenders in connection with the Loans or the Letters of Credit. Borrower further acknowledges that all indebtedness, liabilities and obligations of Borrower to Lenders, whenever and however arising including, without limitation, the Loans, is secured by a first lien on and security interest in the Collateral. Borrower further acknowledges that in accordance with the terms of the Loan Agreement, Borrower may borrow, repay and reborrow revolving loan funds, and accordingly the principal balance of the Revolving Loans may increase or decrease from time to time.
Loan Balances. The foregoing recitals are true and correct and are incorporated herein by reference. Borrower and Lender acknowledge and agree that as of May 28, 2002, the outstanding principal balance of the Revolving Note is Three Million Five Hundred Ninety-Seven Thousand and No/100 Dollars ($3,597,000.00).
Loan Balances. At the Closing, the Purchase Price shall be credited with an amount equal to eighty percent (80%) of the outstanding balance of the Loan as of the Closing Date (to avoid all doubt, but not the amount of the Additional Loan Advance, if any).
Loan Balances. The aggregate outstanding principal balance under the Revolving Credit Notes, PLUS LOC Obligations will, at no time, exceed an amount equal to the Aggregate Revolving Credit Commitment.
Loan Balances. The outstanding balances owing on the Obligations, as described in this Third Amendment, are true and correct.
Loan Balances. For purposes of this Agreement, "
Loan Balances. The outstanding obligations of the Loan are set forth in the General Assignment.
