Loan Limits definition

Loan Limits means, collectively, the Availability limits and all other limits on the amount of Loans and Credit Accommodations set forth in this Agreement.
Loan Limits means, collectively, the Loan Limits for Revolving Loans and Letters of Credit set forth in Section 1 of Schedule A and all other limits on the amount of Loans and Letters of Credit set forth in this Agreement.
Loan Limits means, collectively, the Loan Limits for Revolving Loans set forth in Section 1 of Annex I and all other limits on the amount of Loans set forth in this Agreement.

Examples of Loan Limits in a sentence

  • If at any time any of the Loan Limits are exceeded, Borrower will immediately pay to Lender such amounts (or provide cash collateral to Lender with respect to the Credit Accommodation Balance in the manner set forth in Section 7.3), as shall cause Borrower to be in full compliance with all of the Loan Limits.

  • Notwithstanding the foregoing, Lender may, in its sole discretion, make or permit Revolving Loans, the Term Loan, any Credit Accommodations or any other monetary Obligations to be in excess of any of the Loan Limits; PROVIDED, that Borrower shall, upon Lender's demand, pay to Lender such amounts as shall cause Borrower to be in full compliance with all of the Loan Limits.

  • Subject to this caveat and the TSA Loan Limits in Section D.1 below, You may request a TSA Loan from Your Contract that is provided by a legally enforceable agreement and is secured by a portion of the Contract's cash value ("Contract Debt").

  • Loan Limits in the Direct Loan Program Academic Year1All students enrolled in graduate and professional degree programs are considered independent.

  • Information on the Pre-Development Loan Program is available on DCA’s website or by calling DCA at (404) 327-6858.HOME Loan Limits.


More Definitions of Loan Limits

Loan Limits means the limitations on investments imposed by RCW 32.20.410.
Loan Limits means, collectively, the Loan Limits for Revolving Loans set forth in Section 1(a) of Annex I and all other limits on the amount of Loans set forth in this Agreement.
Loan Limits means the amount, if any, of any credit and/or overdraft facility granted by the Bank on any Account.
Loan Limits means, collectively, the Availability limits and all other limits on the amount of Loans and Credit Accommodations set forth in the Agreement.
Loan Limits. No loan to any Participant can be made to the extent that such loan when added to the outstanding balance of all other loans to the Participant would exceed the lesser of (a) $50,000 reduced by the excess (if any) of the highest outstanding balance of loans during the one year period ending on the day before the loan is made, over the outstanding balance of loans from the Plan on the date the loan is made, or (b) one-half the present value of the Participant’s account or, if greater, the total account balance up to $10,000. For the purpose of the above limitation, all loans from all plans
Loan Limits. No loan to any Participant can be made to the extent that such loan when added to the outstanding balance of all other loans to the Participant would exceed the lesser of (a) $50,000 reduced by the excess (if any) of the highest outstanding balance of loans during the one year period ending on the day before the loan is made, over the outstanding balance of loans from the Plan on the date the loan is made, or (b) 1/2 the present value of the Participant's Account. Furthermore, any loan shall by its terms require that repayment (principal and interest) be amortized in level payments, not less frequently than quarterly, over a period not extending beyond five years from the date of the loan, unless such loan is used to acquire a dwelling unit which within a reasonable time will be used as the principal residence of the Participant.
Loan Limits. TCFC shall make working capital cash Advances ("Working Capital Advances") to Debtor under this Facility. Such Working Capital Advances shall be treated as Advances under the terms of the ISA except as provided herein. The aggregate principal balance of Working Capital Advances and Approvals under the Working Capital Facility shall not exceed the lesser of $2,000,000 (the "Credit Limit") or the Borrowing Base. If at any time the aggregate outstanding principal balance of Working Capital Advances and Approvals exceeds the lesser of the Credit Limit or the Borrowing Base, Dealer shall, unless TCFC otherwise consents, immediately and without notice or demand of any kind, make such payments to TCFC as shall be necessary to eliminate such excess.