Current Loan Amount definition

Current Loan Amount shall have the meaning set forth Section 2.1.
Current Loan Amount means the amount owed by a Participant for such Participant's Existing Program Loans and Interest Loans as of September 30, 2000.

Examples of Current Loan Amount in a sentence

  • Documentation must be actual, not estimated, and include the following elements for each loan:• Borrower Name, Loan ID #, Account # (may be different from Loan ID #)• Lending Institution Name, Address, PhoneThe contributions that you make to your practice and patient care, inclu• Current Loan Amount Still Unpaid (principle amount + interest and fees) RECRUITMENT applicants will be required to provide documentation at a later date (i.e., once the recruit has been identified).

  • Macquarie may also nominate an early Maturity Date where it becomes impossible for Macquarie to hedge its exposure or where the Current Loan Amount is equal to zero.

  • In this example the owner has paid back £6,000 of their loan and now wishes to borrow £4,000 to do up their kitchen Current Loan Amount: £ 64,000 Proposed Loan Amount: £ 68,000 As the owner is not increasing their mortgage with their current lender above their original loan amount no consent or new documentation are required as there is no increase in the amount by which the lender will rank ahead of Scottish Ministers (i.e. up to £70,000).

  • Loan Term and Amortization Type Numeric – Integer 24 999 HELOCs Only >= 12 and <= 120 35 Current Loan Amount Mortgage loan outstanding principal balance as of cut-off date.

  • The Interest Drawdown Amount is variable and is dependant on a number of factors including the Current Loan Amount at that time, the number of days from the relevant Interest Drawdown Date to the earlier of the next Interest Drawdown Date and the Maturity Date and the Floating Interest Rate and Interest Margin.

  • Any refund of prepaid Interest received as a result of the application of a Special Dividend to reduce the Current Loan Amount, or on early Maturity or transfer of a Macquarie Income Instalment will be included in your assessable income to the extent that you were previously entitled to a deduction for payments of the Interest as outlined in paragraphs 4.2.1 and 4.2.2 above.

  • This reduction in the Current Loan Amount of an Instalment will be effective from the ex-dividend date relevant to that Special Dividend.

  • The additional risks arise because the hot Macquarie Income Instalments are more highly geared, with the Current Loan Amount initially between approximately 75% and 90% of the Underlying Share price.

  • The amount of interest initially charged on the Loan is calculated for each Instalment based on the Current Loan Amount, the Initial Interest Rate and the number of days from the Effective Date to the earlier of the next Interest Drawdown Date and the Maturity Date (refer example below).

  • As the Current Loan Amount for hot Instalments is higher than the Current Loan Amount for regular Income Instalments, the Interest Amount, the Borrowing Fee and the Holder’s Put Option Cost are also greater than for the regular Macquarie Income Instalments over the same Shares.

Related to Current Loan Amount

  • 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.

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

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

  • Current Loan-to-Value Ratio The Principal Balance of a Mortgage Loan as of the applicable date of substitution divided by the Appraised Value.

  • 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.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

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

  • 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.

  • 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.

  • 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).

  • 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.

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

  • 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.

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

  • 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.

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

  • Commitment Amount means, as the context may require, the Revolving Loan Commitment Amount, the Letter of Credit Commitment Amount or the Swing Line Loan Commitment Amount.

  • Aggregate Loan Balance At any date of determination, the outstanding principal balance of the Mortgage Loans serviced hereunder.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

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

  • Loan Balance means, for any date of determination, the outstanding principal balance due under or in respect of a Timeshare Loan (including a Defaulted Timeshare Loan).

  • Note Amount means, with respect to any Payment Date, the aggregate outstanding principal amount of the Notes after giving effect to payments of principal made on the Notes on such Payment Date.

  • 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.

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