Loan Portion definition

Loan Portion. With respect to the Trust Loan and any Loan Seller, the portion of the Trust Loan evidenced by (i) in the case of CREFI, Note A-4 and Note B-1, (ii) in the case of GSMC, A-5 and Note B-2, (iii) in the case of BCREI, Note A-6 and Note B-3, and (iv) in the case of BMO Hxxxxx, Note A-7 and Note B-4.

Loan Portion means any principal of the Loan with respect to which an Applicable Interest Rate has been established (and, in the case of any LIBOR Rate, whether or not such Applicable Interest Rate has become effective); provided, however, that the amount of any Loan Portion with respect to which a LIBOR Rate is established shall be at least equal to $1,000,000.

Loan Portion means the Base Rate Portion and each Eurodollar ------------ Portion of the Loan.

Examples of Loan Portion in a sentence

• Interest charges are calculated by multiplying the unpaid balance of each Loan Portion at the end of each day by the daily interest rate, which is the relevant Annual Interest Rate divided by 365.

• The Minimum Part Prepayment Amount is (for a variable rate Loan Portion) $100 and (for a fixed rate Loan Portion) $1,000.

• We may also charge you an administrative fee and (if the relevant Loan Portion has an Annual Interest Rate which is fixed for any period ending after the prepayment date) an amount equal to the reasonable estimate of our loss arising from the part prepayment (if any).

• The Full Prepayment Amount may include an administrative fee and (if any Loan Portion has an Annual Interest Rate which is fixed for any period ending after the prepayment date) an amount equal to the reasonable estimate of our loss arising from full prepayment (if any) – that is, a loss that relates to differences in interest rates.

• Other prepayment costs (if fixed rate) We may charge you this fee if you make a full or part prepayment under this Agreement and any prepaid Loan Portion has an Annual Interest Rate which is fixed for any period ending after the prepayment date.

More Definitions of Loan Portion

Loan Portion as the circumstances or context warrants, the portion of the Loan which is a Eurodollar Rate Loan Portion, or Prime Rate Loan Portion.

Loan Portion. With respect to the Trust Loan and any Loan Seller, the portion of the Trust Loan evidenced by (i) in the case of BMO, Note A-1 and Note B-1 and (ii) in the case of SMC, Note A-2 and Note B-2.

Loan Portion as the circumstances or context warrants, the portion of the Loan which is a Eurodollar Rate Loan Portion, or Prime Rate Loan Portion. "MATURITY DATE" -- September 28, 2001. "NET CASH LEVEL" -- the aggregate amount of the market value of Cash and Cash Equivalents less restricted cash (but not including any amounts in the Custodian Account which are restricted or pledged for the benefit of the Bank) and amounts pledged pursuant to agreements between the Borrower and third parties. As used in the preceding sentence, the term restricted cash shall not apply to any general lien negative covenants applying to the general assets of Borrower made by the Borrower to a third party and which are similar to the negative covenants contained in Article VII hereof.

Loan Portion means each Base Rate Portion and each LIBOR Portion of the Loan.

Loan Portion means the Base Rate Portion and each Eurodollar

Loan Portion means the original principal amount of the Loan multiplied by a fraction, the numerator of which is the number of Shares sold and the denominator of which is the total number of Shares. The applicable Loan Portion shall be determined each time Shares are sold for a Selling Price less than the per share Value on the date hereof;

Loan Portion means that portion of the COMPANY’S loan obligation which is allocated in terms of Section 14(2) of the Share Blocks Control Act and Clause 3 hereof to the holders of all Share Blocks.