Assumed Loan Amount definition

Assumed Loan Amount at any time, an amount equal to the sum of (i) the aggregate unpaid principal amount of the Term Loans then outstanding plus (ii) the Total Revolving Credit Commitments then in effect or, if the Revolving Credit Commitments have been terminated, the Total Revolving Extensions of Credit then outstanding.
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Assumed Loan Amount means, at any time, an amount equal to the sum of (i) the aggregate unpaid principal amount of the Term Loans then outstanding, plus (ii) the total Revolving Commitments then in effect or, if the Revolving Commitments have been terminated, the total Revolving Credit Exposure at such time.
Sample 1Sample 2

Examples of Assumed Loan Amount in a sentence

  • Assignor’s obligations to repay the Assumed Loan Amount under the Loan Documents are hereby assumed by Assignee, and Assignee agrees to be bound by all terms and conditions of the Loan Documents.

Related to Assumed Loan Amount

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

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

  • Assumed Rate means the probable average effective rate expected to be earned for the core annuity division on a long−term basis. The assumed rate shall be a rate of 8 percent and the actuar- ial assumption for across−the−board salary increases for the pur- pose of valuing the liabilities of the Wisconsin Retirement System shall be 3.4 percent less than the assumed rate unless due to changed economic circumstances the actuary recommends and the board approves a different rate. The assumed rate for a calen- dar year shall be used for all calculations of required contributions and reserves for participants, except as provided in s. 40.04 (4) (a) 2., 2g., and 2m., and the amount of any lump sum benefit paid instead of an annuity, except it shall not be used for any purpose for which the assumed benefit rate is to be used under sub. (6).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).