Final Loan Amount definition

Final Loan Amount means all principal of and interest on the loan from the Project Start Date through the Project Completion Date.
Sample 1Sample 2Sample 3
Final Loan Amount means the total of all Loan proceeds disbursed to the Borrower under the Loan Agreement, determined on the date on which the Borrower indicates that no further Loan funds will be requested, all eligible expenditures have been reimbursed from the Loan proceeds, or all Loan proceeds have been disbursed hereunder, whichever occurs first.
Sample 1Sample 2Sample 3
Final Loan Amount means the aggregate amount of the principal disbursed by the department to the qualified borrower during the construction of the eligible project, together with accrued and unpaid interest on the aggregate principal thereof.
Sample 1Sample 2Sample 3

Examples of Final Loan Amount in a sentence

  • The Final Loan Amount shall be repaid in equal installments, semiannually, over the term of this loan “Loan Term” as outlined in this agreement.

  • When the Project Completion Date has occurred, ECOLOGY and the RECIPIENT shall execute an amendment to this loan agreement which details the final loan amount (Final Loan Amount), and ECOLOGY shall prepare a final loan repayment schedule.

  • The Final Loan Amount shall be the combined total of actual disbursements made on the loan and all accrued interest to the computation date.

  • If any amount of the Final Loan Amount or any other amount owed to ECOLOGY pursuant to this agreement remains unpaid after it becomes due and payable, ECOLOGY may assess a late charge.

  • The Estimated Loan Amount and the Final Loan Amount (in either case, as applicable, a “Loan Amount”) shall bear interest based on the interest rate identified in this agreement as the “Effective Interest Rate,” per annum, calculated on the basis of a 365 day year.


More Definitions of Final Loan Amount

Final Loan Amount means the aggregate amount of the principal disbursed by NMED to the borrower during the project, together with accrued interest on the aggregate principal thereof.
Sample 1Sample 2Sample 3
Final Loan Amount means all principal of and interest on the loan from the Project Start Date through the Project
Sample 1Sample 2
Final Loan Amount has the meaning specified in Section 2.01(a).
Sample 1
Final Loan Amount means the amount actually disbursed to the Current Servicer/Holder(s) on my behalf.
Sample 1
Final Loan Amount means the total of all Loan proceeds disbursed to the Borrower under the Loan Agreement, as determined on the earliest of the following: (i) the date on which the Borrower indicates that no further Loan funds will be requested; (ii) the date when all eligible expenditures have been reimbursed from the Loan proceeds; or (iii) the date when all Loan proceeds have been disbursed under the Loan Agreement.
Sample 1
Final Loan Amount means the total of all Loan proceeds disbursed to the Borrower under the Loan Agreement, determined on the date on which the Borrower indicates that
Sample 1Sample 2

Related to Final Loan Amount

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • 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).

  • 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.

  • 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).

  • 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.

  • 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.

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

  • Aggregate Revolving Loan Commitment means the aggregate of the Revolving Loan Commitments of all the Revolving Lenders, as may be reduced or increased from time to time pursuant to the terms hereof. The initial Aggregate Revolving Loan Commitment is Two Hundred Fifty Million and 00/100 Dollars ($250,000,000.00).

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

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of either (i) 9.25% plus the prime rate as reported in The Wall Street Journal minus 3.50% and (ii) 9.25%.