Minimum Loan definition

Minimum Loan means, with respect to any Facility A Loan, Facility B Loan or Facility C Loan, Two Hundred Thousand Dollars ($200,000.00).
Sample 1Sample 2Sample 3
Minimum Loan means, in respect of Loans comprising part of the same Borrowing, or to be converted or continued under Section 2.4, (a) in the case of ABR Loans, U.S. $10,000,000 or a higher integral multiple of U.S. $1,000,000; (b) in the case of LIBOR Loans that are Dollar Term A Loans or Term B Loans, U.S. $10,000,000 or a higher integral multiple of U.S. $1,000,000; (c) in the case of LIBOR Loans that are Euro Term A Loans, Euro 10,000,000 or a higher integral multiple of Euro 1,000,000; (d) in the case of Revolving Loans that are LIBOR Loans (other than Revolving Loans made in Euros), a minimum Dollar Equivalent amount of U.S. $10,000,000 or a higher integral multiple of the Dollar Equivalent amount of U.S. $1,000,000; (e) in the case of Revolving Loans made in Euros, a minimum of Euro 10,000,000 and an integral multiple of Euro 1,000,000; and (f) in the case of Revolving Loans made in any Applicable Currency other than U.S. Dollars or Euros, a minimum of 10,000,000 of the applicable unit and an integral multiple of 1,000,000 of the applicable unit.
Sample 1
Minimum Loan amount: Not Applicable
Sample 1

Examples of Minimum Loan in a sentence

  • Minimum Loan Amount: A Participant may not request a loan for less than $1,000.

  • However, Lender shall not be obligated to loan Borrower the Minimum Loan Amount other than in accordance with all of the terms and conditions of this Agreement.

  • Each loan must be for at least the Minimum Loan Amount shown in Section 1.

  • Subject to the terms and conditions of this Agreement, Borrower agrees to (i) borrow sufficient amounts to cause the outstanding principal balance of the Loans to equal or exceed, at all times prior to the Maturity Date, the Minimum Loan Amount set forth in Section 4 of Schedule A and (ii) maintain Availability sufficient to enable Borrower to do so.

  • However, any amounts of a Loan which the Board determines will be used for separable costs not essential to funding the means by which Local Television Broadcast Signals are delivered to a Nonserved Area or Underserved Area, will be excluded from the portion of the Loan eligible for a Guarantee.(c) Minimum Loan Amount.

  • Each loan must be at least equal to the Minimum Loan Amount shown in Section 1.

  • The projected generation may be preferably estimated based on the average generation during last 2 Financial Years.⮚ Minimum Loan assistance would be Rs. 50 Lacs per project, as per the applicable guidelines.Repayment Period⮚ The maximum repayment period would be 1 year less than the remaining period for GBI receivables.⮚ The repayment of Principal would be preferably on annual basis.

  • This long-term loan carries interest at a rate no higher than Minimum Loan Rate and repayable monthly.

  • For the avoidance of doubt, you may submit more than one UOB Personal Loan Application pursuant to this Promotion to achieve the Minimum Loan Amount on an aggregated basis provided that the UOB Personal Loan Applications are submitted within the same day.

  • Any loan repayment must be equal to or greater than the lesser of (a) the Minimum Loan Repayment Amount shown in the Policy Specifications; or (b) the amount of the outstanding Debt.


More Definitions of Minimum Loan

Minimum Loan means, in respect of Loans comprising part of the same Borrowing, or to be converted or continued under Section 2.4, (a) in the case of Dollar Loans and other ABR Loans, U.S. $5,000,000 or a higher integral multiple of U.S. $1,000,000; (b) in the case of Term Loans that are Eurocurrency Rate Loans, U.S. $10,000,000 or a higher integral multiple of U.S. $1,000,000; and (c) in the case of Loans (other than Swing Loans) in an Offshore Currency, the Currency Threshold for such Offshore Currency.
Sample 1
Minimum Loan means $1,250,000.
Sample 1

Related to Minimum Loan

  • Minimum Liquidity means, as of any date of determination, the sum of (a) the aggregate unused amount of the Commitments as of such date and (b) unrestricted cash of the Loan Parties as of such date.

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Maximum Loan Rate With respect to each Mortgage Loan, the percentage set forth in the related Mortgage Note as the maximum Loan Rate thereunder.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Minimum Lifetime Mortgage Rate The minimum level to which a Mortgage Interest Rate can adjust in accordance with its terms, regardless of changes in the applicable Index.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Minimum Borrowing Amount means, with respect to any Borrowing of Loans, $500,000 (or, if less, the entire remaining Commitments at the time of such Borrowing).

  • Maximum Revolving Advance Amount means $25,000,000.

  • Maximum Annual Debt Service Requirement means, at any given time of determination, the greatest amount of principal, interest and Amortization Installments coming due in any current or future Bond Year with regard to the Series of Bonds for which such calculation is made; provided, the amount of interest coming due in any Bond Year shall be reduced to the extent moneys derived from the proceeds of Bonds are used to pay interest in such Bond Year.

  • Minimum Mortgage Rate With respect to each Adjustable-Rate Mortgage Loan, the percentage set forth in the related Mortgage Note as the minimum Mortgage Rate thereunder.

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • Extended Revolving Loan shall have the meaning assigned to such term in Section 2.21(e).

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Minimum Amount means the Minimum Amount as specified in § 1 of the Product and Underlying Data.

  • Total Utilization of Revolving Loan Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing the applicable Issuing Lender for any amount drawn under any Letter of Credit but not yet so applied) plus (ii) the aggregate principal amount of all outstanding Swing Line Loans plus (iii) the Letter of Credit Usage.

  • Facility A Loan means a loan made or to be made under Facility A or the principal amount outstanding for the time being of that loan.

  • Minimum Capital Requirement means the Minimum Capital Requirement, the minimum group Solvency Capital Requirement or other minimum capital requirements (as applicable) referred to in the Relevant Rules;

  • Minimum Interest Rate With respect to each Adjustable Rate Mortgage Loan, a rate that is set forth on the Mortgage Loan Schedule and in the related Mortgage Note and is the minimum interest rate to which the Mortgage Interest Rate on such Mortgage Loan may be decreased.

  • Minimum Balance Requirements You must maintain a minimum daily balance of $2,000.00 in your Money Market Savings account to obtain the disclosed annual percentage yield. We impose a monthly maintenance fee if the balance falls below $500 any day of the month. Basic Checking Account Rate Information: This account does not pay interest.