Loan Principal definition

Loan Principal or “Loan Proceeds” shall mean One Million Dollars ($1,000,000.00). “Project” shall have the meaning assigned in the Economic Development Agreement. “Project Costs” shall mean the costs described in Section 5.1.(a)(i)-(iv).

Loan Principal means the principal payable in respect of the Facility Loans pursuant to Article III.

Loan Principal means:- 2.48.1 in respect of any period, the aggregate, in that period, of Advances made under the Facility Agreements, and, 2.48.2 in respect of any date, the aggregate amount of the Advances under the Facility Agreements on that date which has not been repaid by the Borrower to the Lender;

Examples of Loan Principal in a sentence

• The Interest payable on any Interest Payment Date in respect of each Note is as follows: Loan Interest Rate X Series Specific Loan Principal Amount Outstanding X Day Count Where:Series Specific Loan Principal Amount Outstanding, is the principal amount of the SeriesSpecific Loans which is scheduled to be outstanding (even if the principal amount is redeemed later) on the day immediately before the Loan Interest Payment Date which is immediately before the Interest Payment Date.

• The Interest payable on any Interest Payment Date in respect of each Note is as follows: Loan Interest Rate X Series Specific Loan Principal Amount Outstanding X Day Count Where:Series Specific Loan Principal Amount Outstanding, is the principal amount of the Series Specific Loans which is scheduled to be outstanding (even if the principal amount is redeemed later) on the day immediately before the Loan Interest Payment Date which is immediately before the Interest Payment Date.

• If all or a portion of the Term Loan Principal Debt is paid or prepaid, then the amount so paid or prepaid may not be reborrowed.

• Notwithstanding any other provision of this Agreement, no transfer of the Aggregate Loan Principal Balances or any interest therein shall be effective unless and until such transfer has been recorded in the Register.

• Yes 9 If owner-occupied: 10 Borrower current gross annual income 42,000 11 Estimated NPV of loan mod 195,000 12 Most recent BPO 235,000 13 Most recent BPO date 1/21/09 16 Loan Principal balance after last paid installment 300,000 17 Accrued interest, limited to 90 days 6,000 18 Attorney’s fees 0 19 Foreclosure costs, including title search, filing fees, advertising, etc.

More Definitions of Loan Principal

Loan Principal or “Loan Proceeds” shall mean the amount of the Loan drawn by the Borrower pursuant to each Advance Request following the satisfaction of the milestones set forth in Section 2.3(b).

Loan Principal means US$ 73,403,321;

Loan Principal. This loan shall be for $100,000.00.

Loan Principal. This loan shall be for $150,000.00.

Loan Principal is the amount due on any debt before interest.

Loan Principal means the amount provided by the lender at the direction of the borrower in the amount of $ ( ). "Material Adverse Change" means any change in circumstances of the borrower the party knows, or should know, that will materially affect its capacity to perform its obligations under this agreement. "Outstanding Amount" means the total of the loan principal together with any interest accrued, costs, and any other amounts owing to the lender under this agreement. "Repayment Date" means the date on which the last instalment falls due for payment being a date falling calendar week after the commencement date of this agreement or such other date as the lender and borrower agree in writing.

Loan Principal means the loaned sum of financial means of the Loan Limit and/or Loan Facility during the Settlement Period from which the Bank calculates the amount of Interest on Loan and the amount of which reduces with instalments of the owed sum/Monthly Instalments.