Attributable Loan Amount definition

Attributable Loan Amount means, for any Collateral Vessel on any date of determination, an amount equal to:

Attributable Loan Amount appearing in Section 1.01 of the Credit Agreement is amended by adding the following sentence at the end thereof: “The Attributable Loan Amount of each Collateral Vessel which is owned by the Borrower or by a Subsidiary Guarantor on the Fourth Amendment Effective Date after giving effect to the transactions contemplated to occur on such date is set forth on Schedule VIII as in effect after giving effect thereto, as such amount may be reduced thereafter and prior to the date of determination in accordance with Section 4.02(g).”.

Attributable Loan Amount means, for any Mortgaged Vessel on any date of determination, an amount equal to the principal amount of the Loan made on the Vessel Acquisition Borrowing Date related to such Mortgaged Vessel which was used to finance or refinance the acquisition costs for such Mortgaged Vessel less the sum of all Scheduled Amortization Payments made with respect to such Mortgaged Vessel occurring after such Vessel Acquisition Borrowing Date and prior to such date of determination, as such Attributable Loan Amount may be further reduced as provided in Section 4.02(e).

More Definitions of Attributable Loan Amount

Attributable Loan Amount means, for each Primary Collateral Vessel on any date of determination, the amount set forth on Schedule XIV opposite each such Primary Collateral Vessel under the column titled “Attributable Loan Amount” less the sum of all Scheduled Amortization Payments made with respect to such Primary Collateral Vessel occurring after the Restatement Effective Date prior to such date of determination, as such Attributable Loan Amount may be further reduced as provided in Section 4.02 (g).