Individual Loan Amount definition
Examples of Individual Loan Amount in a sentence
If the Lender receives a Drawdown Application in accordance with Section 5 and does not give notice pursuant to Section 7.1, the Lender shall remit the Individual Loan Amount to the Borrower Account on the Desired Drawdown Date.
Any Lender for which the expiration date of such certificate of tax exemption will fall during the period from the date of execution of this Agreement to the date of the receipt of payment in regard to all Outstanding Individual Loan Amount shall in the same way submit a valid certificate of exemption promptly after the expiration of such period.
The Agent shall retain the original of the receipt on behalf of the Lender until the payment of the full amount of the Outstanding Individual Loan Amount for the Individual Loan.
Provided, however, that with respect to the drawdown of the Individual Loan in relation to a Refinancing Loan, the Lender shall offset (a) the principal amount of the Outstanding Individual Loan Money in relation to the Refinanced Loan as of the Desired Drawdown Date, and (b) the Individual Loan Amount in relation to the Refinancing Loan, and according to the result thereof, shall treat the drawdown of such Individual Loan as follows.
Individual Loan Amount (credit line only) The individual loan amount, for each transaction, shall be the amount determined by the following.
Principal Repayment Method Lump-sum repayment to the Lender on the Principal Repayment Date, in an amount calculated by deducting the aggregate amount of the principal of the Individual Loan Amount that was already repaid before (and excluding) the Principal Repayment Date from the Individual Loan Amount that was already lent on the Drawdown Date.
Method of calculation of interest Interest shall be paid on the Interest Payment Date for the relevant Interest Period calculated on the principal amount of the Outstanding Individual Loan Amount for each Interest Period multiplied by the Applicable Interest Rate and actual number of days of the Interest Period (inclusive of first day and exclusive of last day) on a per day basis for each Lender (with divisions done at the end of the calculation and fractions less than one Yen (¥1) rounded down).
If the Lender that owes the Lending Obligation with respect to the Facility B Loan does not give notice pursuant to Clause 6.1, and all the Conditions Precedent are satisfied (or all or part of the Conditions Precedent that have not been satisfied are waived) in accordance with the preceding clause, that Lender shall remit the Individual Loan Amount with respect to the Facility B Loan to the Syndicate Account by no later than noon on the Drawdown Date.
Individual Loan Drawdown Amounts, and after the drawdown, the principal portion of the Outstanding Individual Loan Amount of a Lender as a percentage of the total principal portion of the Outstanding Individual Loan Amount.
If the Lender receives a request for an Individual Loan in accordance with Article 4 and all conditions provided for in each item of Article 5 are satisfied on the Desired Advancement Date, the Lender shall remit the Individual Loan Amount relating to such Desired Advancement Date to the Collection Account on such Desired Advancement Date.