Lending Limit definition

Lending Limit means the maximum dollar amount permitted for the aggregate of insider loans made by a mortgage banker.

Lending Limit the limit on lending as set out in Schedule 1 (see also term 2.2);

Lending Limit. The maximum amount the Council will lend for your Care Charges as set out in Schedule 1. Loan: The total amount, at any time, which has been lent under this Agreement to pay Care Charges, and the words “lend”, “lending” and “lent” are used in this Agreement to describe the act of lending any amount to pay Care Charges.

Examples of Lending Limit in a sentence

• The Assignor hereby sells and assigns to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, an interest in and to all of the Assignor’s rights and obligations under the Agreement as of the date hereof (including, without limitation, its [Commitment] [Conduit Lending Limit] and all Loans, if any, or interests therein held by it) equal to the percentage (the “Percentage”) interest specified on the signature page hereto.

• After giving effect to such sale and assignment, [the Assignee will be a [Committed] [Conduit] Lender in the Lender Group that includes [ ] as the Managing Agent and] the Assignee’s [Commitment] [Conduit Lending Limit] will be as set forth in Section 2 of the signature page hereto.

• After giving effect to such sale and assignment, [the Assignee will be a [Committed] [Conduit] Lender in the Lender Group that includes [__________] as the Managing Agent and] the Assignee’s [Commitment] [Conduit Lending Limit] will be as set forth in Section 2 of the signature page hereto.

• This includes exposure limits imposed through regulations such as BOT’s Consolidated Supervision, Single Lending Limit and others.

• The Assignor hereby sells and assigns to the Assignee, and the Assignee hereby purchases and assumes from the Assignor, an interest in and to all of the Assignor’s rights and obligations under the Agreement as of the date hereof (including its [Commitment] [Conduit Lending Limit] and all Loans, if any, or interests therein held by it) equal to the percentage (the “Percentage”) interest specified on the signature page hereto.

More Definitions of Lending Limit

Lending Limit has the meaning specified in Section 2.2(1).

Lending Limit means the maximum dollar amount permitted for the aggregate of insider loans arranged by a mortgage [broker.] company.

Lending Limit means an aggregate amount equal to $ , less unreimbursed advances, that is, amounts previously advanced by the Bank hereunder for the account of Xxxxxxxx and not yet repaid.

Lending Limit means, subject to any reduction made in accordance with Section 2.16, (i) for the period from the Closing Date to December 31, 1997, the lesser of U.S. $7,500,000 (or the Equivalent Cdn. $ Amount) and the Margin Requirement; and (ii) for the period from January 1, 1998 to December 31, 1998, subject to extension of the Repayment Date, the lesser of (y) such amount as may be requested by the Borrower and agreed to by the Lender in its sole discretion, and (z) the Margin Requirement.

Lending Limit. As defined in original Loan Agreement. -------------

Lending Limit has the meaning set forth in Section 1.01. ------------- ------------ "Lien" means any mortgage, lien, pledge, encumbrance, ---- charge, retained security title of a conditional vendor or lessor or other security interest of any kind, whether arising under a security agreement, mortgage, deed of trust, chattel mortgage, assignment, pledge, retention or security title, financing or similar statement or notice or arising as a matter of law, judicial process or otherwise.

Lending Limit means (i) for the period from the Closing Date to December 31, 1995, the lesser of U.S. $7,500,000 and the Margin Requirement,; (ii) for the period from January 1, 1996 to December 31, 1996, the lesser of U.S. $6,500,000 and the Margin Requirement; (iii) for the period from January 1, 1997 to December 31, 1997, subject to extension of the Repayment Date, the lesser of U.S. $4,500,000 and the Margin Requirement; and (iv) for the period from January 1, 1998 to December 31, 1998, subject to extension of the Repayment Date, the lesser of U.S. $2,500,000 and the Margin Requirement."