Maximum Loan Limit means Twenty-Seven Million, Five Hundred Fifty-Three Thousand and No/100 Dollars ($27,553,000).

Maximum Loan Limit means Sixty Million and No/100 Dollars ($60,000,000.00).

Maximum Loan Limit means Fifteen Million and No/100 Dollars ($15,000,000).

Examples of Maximum Loan Limit in a sentence

The Interest Rate that applied on each day, and the total interest charged during that period.The Maximum Loan Limit, and the amount available for redraws/ advances, at the end of that period.The minimum payment and its due date (being the date on which we deducted the payment from your bank account).
This Maximum Loan Limit, which is reduced each month, is called the “Maximum (Amortized) Loan Limit”.The Regularly Scheduled Payment amount will be adjusted to the amount, if any, required to pay down the outstanding balance of your Loan to the Maximum (Amortized) Loan Limit in effect on each Regularly Scheduled Payment Date so that on the Balance Due Date, your Loan will be repaid in full.
However, the amount you can redraw/ advance depends on the following time frames:Prior to the Interest Only Expiry Date, you may redraw/ advance up to the original Maximum Loan Limit.
The Maximum Loan Limit shall be determined quarterly as of the first day of each calendar quarter.
If at any time the total outstanding under the Note exceeds the Maximum Loan Limit, then, without notice or demand by Bank, the Trust will immediately make a prepayment of principal and interest on the Note in an amount necessary to reduce the total outstanding under the Note to be less than the Maximum Loan Limit.

More Definitions of Maximum Loan Limit

Maximum Loan Limit appearing in Section 1.1 of the Credit Agreement are hereby amended and restated to read as follows:

Maximum Loan Limit means an amount equal to Nine Hundred Ninety Six Thousand Dollars 00/100 cents ($996,000).

Maximum Loan Limit means Forty-Five Million and No/100 Dollars ($45,000,000) as such amount may be increased or decreased from time to time in accordance with the terms of this Agreement.”

Maximum Loan Limit set forth in Paragraph 1 of the Agreement is deleted in its entirety and the following is substituted in its place:

Maximum Loan Limit means $9,000,000.

Maximum Loan Limit means Ten Million and No/100 Dollars ($10,000,000)."

Maximum Loan Limit means an amount, as of the date of determination, equal to eighty-five percent (85%) of the outstanding principal amount of all of the “Performing Mortgage Loans and Church Bonds” and fifty percent (50%) of the outstanding principal amount of all of the “Performing Interim Construction Loans”. Provided, however, the Maximum Loan Limit shall at no time exceed $60,000,000. The Maximum Loan Limit shall be determined quarterly as of the first day of each calendar quarter.