Approved Loan Amount definition

Approved Loan Amount means the approved amount of each Installment Loan that I avail within the Available Credit Limit of my Ready Credit Account.
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Approved Loan Amount means the approved amount of each loan that I avail within the Credit Limit of my Citi Personal Loan account.
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Approved Loan Amount means the total amount that you may borrow from us. It is shown in your Disclosure Letter.
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Examples of Approved Loan Amount in a sentence

  • This document also shows other details of my Installment Loan, such as the Approved Loan Amount, loan tenor, fees and charges, finance charge, Annual Contractual Rate, and the effective annual interest rate and how it is computed.

  • Any amount in excess of the Approved Loan Amount shall not be guaranteed by Authority.

  • Lender shall forward to Authority a guarantee origination fee of not less than one percent (1%) of the initial Maximum Guaranteed Amount of the Approved Loan Amount, or such other greater percentage or sum as specified in the Authorization.

  • BOC $martCash/$martLoan ProgrammeInterest is calculated based on a reducing balance method of computing interest amount on the principal balance (being the sum of the Approved Loan Amount and the Processing Fee) that reduces with repayment of each loan instalment.

  • The prevailing rates for the Account will apply to (a) any other usage of the available credit limit of the Account (other than the Approved Loan Amount); and (b) after the completion of the Tenure, all outstandings (including any outstanding Approved Loan Amount).

  • Once your insurance coverage has expired, we will not pay any benefits after that time.If your Approved Loan Amount and/or monthly payment amount is greater than the Maximum Insurance Available and/or the Maximum Monthly Benefit Payable amount shown on your Insurance Enrolment, your Insured Loan will be capped at these stated values.These capped insured coverage amounts will be used to calculate the Single Premium and pay insurance benefits at the time of claim.

  • The interest rate (“IR”) and effective interest rate (“EIR”) are applicable to the Approved Loan Amount only.

  • An “Event of Default” shall exist if any term or condition of this Agreement is breeched, including one or more of the following occurs: Failure by Borrower to pay the interest and all applicable fees or charges when due or the Approved Loan Amount when due or any other default in the performance of an obligation that is not cured within the applicable cure time of 5 business days.

  • Fig 5.1 Frequency distribution of Age Fig 5.2 Approved Loan Amount Fig 5.3 Percentage of Collateral Ownership Fig 5.4 Loan Cycle Fig 5.5 Loan term in month Individual attributes effect on loan status, Plots of some individual attributes is done to inspect visually whether the attributes influenced on loan status.

  • You must draw down the full Approved Loan Amount in one lump sum.


More Definitions of Approved Loan Amount

Approved Loan Amount means the maximum sum of money or proportionate part thereof that the Lender is willing and able to extend to Borrower in accordance with the Transferred Collateral deposited with Custodial Broker.
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Approved Loan Amount means the loan amount requested by the Applicant in the Application Form and as confirmed by the Bank in its Approval Letter, PROVIDED HOWEVER that where the requested loan amount exceeds the approved loan amount, the loan amount shall be the approved loan amount.
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Approved Loan Amount means the total amount that you may draw down from your Loan Account and is shown in your Disclosure Letter.
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Approved Loan Amount means the total loan amount that you may draw down from your Loan Account and is shown on your initial disclosure statement.
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Approved Loan Amount means the maximum amount the Lender is willing to fund the Loan.
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Approved Loan Amount means three billion five hundred million Rubles (RUB 3,500,000,000);
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Related to Approved Loan Amount

  • Total loan amount means the principal of the loan minus those

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • Maximum Advance Amount shall be Two Hundred Fifty Thousand Dollars ($250,000) per Advance Notice.

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Borrowing Base Amount means:

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Collateral Value The appraised value of a Mortgaged Property based upon the lesser of (i) the appraisal (as reviewed and approved by the Seller) made at the time of the origination of the related Mortgage Loan, or (ii) the sales price of such Mortgaged Property at such time of origination. With respect to a Mortgage Loan the proceeds of which were used to refinance an existing mortgage loan, the appraised value of the Mortgaged Property based upon the appraisal (as reviewed and approved by the Seller) obtained at the time of refinancing.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • New Loan means a Loan made by the Failed Bank after the Bid Valuation Date that is not a continuation, amendment, modification, renewal, extension, refinancing, restructuring or refunding of or for any then-existing Loan.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.