Loan Principal Balance. As of the date of any determination, with respect to the Trust Loan, Companion Loans, Whole Loan or Foreclosed Property, the outstanding principal balance of such Trust Loan, Companion Loans or Whole Loan or, as determined in accordance with Section 3.12(g), such Foreclosed Property.
Loan Principal Balance means as of any determination date with respect to (a) a Loan other than a Precompute Loan, the outstanding principal balance of such Loan and (b) a Loan that is a Precompute Loan, the calculated principal balance of such Precompute Loan, which is the result of (x) the remaining unpaid amount due in respect of such Precompute Loan minus (y) the unearned interest on such Precompute Loan calculated on an accrual basis, provided, that the Loan Principal Balance of any Loan a portion of which has been charged off in accordance with the Credit and Collection Policy shall be reduced by the portion so charged off.
Loan Principal Balance means, at any date of determination, the outstanding principal balance of the Mortgage Loan.
Examples of Loan Principal Balance in a sentence
The “Servicing Fee” for any Payment Date and the related Collection Period shall be an amount equal to the product of (i) 4.75%, (ii) the aggregate Loan Principal Balance as of the first day of such Collection Period, (iii) one-twelfth.
More Definitions of Loan Principal Balance
Loan Principal Balance. As of the date of any determination, with respect to the Trust Loan, Senior Pari Passu Companion Loans, Mortgage Loan or Foreclosed Property, the outstanding principal balance of such Trust Loan (as determined in accordance with the terms of the Co-Lender Agreement), Senior Pari Passu Companion Loans (as determined in accordance with the terms of the Co-Lender Agreement) or Mortgage Loan or, as determined in accordance with Section 3.12(g), such Foreclosed Property.
Loan Principal Balance means as of any determination date with respect to (a) a Loan other than a Precompute Loan, the outstanding principal balance of such Loan and (b) a Loan that is a Precompute Loan, the calculated principal balance of such Precompute Loan, which is generally equal to the present value of the scheduled and unpaid payments in respect of such Precompute Loan discounted monthly at an annual rate equal to the coupon on such Precompute Loan. The Loan Principal Balance of any Loan a portion of which has been charged-off in accordance with the Credit and Collection Policy shall be reduced by the portion so charged-off.
Loan Principal Balance shall have the meaning given to such term in Section 2.3(b) hereof.
Loan Principal Balance means the Mortgage Loan Principal Balance [and/or the Mezzanine Loan Principal Balance, as applicable].
Loan Principal Balance with respect to any time, the outstanding principal amount of all Loans, after deducting principal amounts that have been repaid according to the provisions of this Agreement until such time.
Loan Principal Balance means, with respect to a Loan, the outstanding principal balance of such Loan remaining to be paid by the related Obligor as of the date of determination, or, with respect to a REO Property, the principal
Loan Principal Balance means the loan which has been released by the Lender pursuant to this Agreement and has not yet been repaid by the Borrower.