Actual Loan Balance definition

Actual Loan Balance means the then-current unpaid principal and unpaid accrued interest under the Loan.
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Actual Loan Balance means the then-current unpaid principal and unpaid accrued interest under the Loan. SLIII Loan Agreement (Consumer)
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Actual Loan Balance means the then-current unpaid principal and unpaid accrued interest under the Loan. 4 Consumer Loan Agreement III(7/2012)
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Examples of Actual Loan Balance in a sentence

  • Overdue Annual True-Up Payments shall accrue interest at the rate set forth in Section 11.2(c) and, in addition, may be subject to a late fee equal to one percent (1%) of the Actual Loan Balance.

  • If the value of the Project SRECs exceeds the amount due from Borrower for a period under the Loan Amortization Schedule, Lender will apply such excess amount to the Actual Loan Balance.

  • Borrower may prepay all or a portion of the Actual Loan Balance at any time during the Term by paying to Lender cash and/or SRECs, which SRECs will be valued at the Market Price.

  • Within thirty (30) days from receipt of written notice from Xxxxxx, Borrower will pay Lender in cash the SREC Processing Fee and an amount (the “Annual True-Up Payment”) equal to the positive difference, if any, between (x) the 90% Amount minus (y) the Actual Payments, and such Annual True-Up Payment will be applied to the Actual Loan Balance.