Net Loan Amount definition

Net Loan Amount means all outstanding:
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Net Loan Amount is defined in Section 3.1.2.
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Net Loan Amount is defined in Section 2.1.2.
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Examples of Net Loan Amount in a sentence

  • Mosaic will pay Dealer the balance of the Net Loan Amount within ten (10) business days after achieving Final Completion and Xxxxxx s receipt of the Final Completion Certificate of the Solar System.

  • The Company shall cause any successor entity in a Change in Control to expressly assume the Plan, as further provided in Article 8.

  • Net Loan Amount disbursed is loan amount net of applicable charges and pre-EMI amount as applicable.

  • Afghanistan 222,712.722 LOAN PROJECTS WITH CHANGES(1 January - 30 June 2015) Country/Loan No. Fund Project Name Net Loan Amount ($mn) Loan ApprovalDate Dept.

  • Net Loan Amount : Rs. ...............................................

  • Subject to Section 3.3, Program Administrator, on behalf of the applicable Funding Provider, will pay Participant the Net Loan Amount in installments within ten (10) business days following the achievement of certain Funding Stages as notified by Program Administrator to Participant (the “Funding Schedule”).

  • Amount of Loan ADB- Original Amount- Net Loan Amount AFD- Original Amount- Net Loan Amount7.

  • At closing, the Lender held back $200,000 which will be released during the first 24 months of the loan term provided (i) the subject maintains a minimum occupancy of 90%, and (ii) provided Net Loan Amount (Gross Loan less the Holdback) achieves a minimum DSCR of 1.20x (based on a 30-year amortizing constant and the trailing 12-month income less the greater of Mission trailing 12-month or Battleground underwritten expenses, as 70 Park 11,200,000 200,000 determined by Lender).

  • If the Fair Market Value exceeds the required percentage of the Net Loan Amount, the Administrative Agent (if requested to do so by the Borrowers) shall instruct the Security Agent to, and the Security Agent shall, promptly release an amount of any additional cash security previously provided under this Section 16 equal to the excess provided no Default or Event of Default has occurred and is continuing.

  • Subject to the terms of this Agreement, the Company shall pay to the Principals the aggregate of Fifty-six Thousand One Hundred Seventeen Dollars ($56,117) representing the Net Loan Amount, by check or wire transfer of funds to an account or account designated by the Principals.


More Definitions of Net Loan Amount

Net Loan Amount means a cash amount, equal to [ ] USD out of the Gross Proceeds of the Bonds, converted to USD using the Initial Exchange Rate.
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Net Loan Amount is defined in Section 6.3.
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Net Loan Amount means an amount equal to (i) the Loan Amount minus (ii) the Aggregate Net LTIP Payment.
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Net Loan Amount means, as of any date, the aggregate outstanding principal amount under this Agreement as of such date minus 80% of the sum of (x) the aggregate amount of cash previously provided under Section 16 that (i) has not been released and (ii) constitutes Collateral with a perfected Lien in favor of the Security Agent as of such date and (y) the fair market value (as reasonably determined by the Security Agent acting in good faith) of any non-cash security (other than a Collateral Vessel) previously provided under Section 16 that (i) has not been released and (ii) constitutes Collateral with a perfected Lien in favor of the Security Agent as of such date.
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Related to Net Loan Amount

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

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

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • 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).]

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Net Loan Rate With respect to any Mortgage Loan (or the related REO Property), as of any date of determination, a per annum rate of interest equal to the then applicable Loan Rate for such Mortgage Loan minus the related Servicing Fee Rate and the Master Servicing Fee Rate.

  • Maximum Term Loan Amount means Two Hundred Million and No/100 Dollars ($200,000,000).

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

  • Term Loan Commitment Amount means, as to any Lender, the term loan commitment amount (if any) set forth opposite such Lender’s name on Schedule 1.2(c) (or, in the case of any Lender that became party to this Agreement after the Closing Date pursuant to Section 17.3(c) or (d), the term loan commitment amount (if any) of such Lender as set forth in the applicable Commitment Transfer Supplement), as the same may be adjusted upon any assignment by or to such Lender pursuant to Section 17.3(c) or (d).

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • 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.

  • Extended Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $50,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

  • Aggregate Revolving Loan Commitment means the combined Revolving Loan Commitments of the Lenders, which shall initially be in the amount of $20,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Aggregate Loan Balance At any date of determination, the outstanding principal balance of the Mortgage Loans serviced hereunder.