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.