Net Loan Amount definition

Net Loan Amount means all outstanding:

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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.

Net Loan Amount is defined in Section 6.3.

Examples of Net Loan Amount in a sentence

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

• PT-4-English Authorized Signatory Borrower Guarantor(s) Name of the Lender : Shriram City Union Finance Limited Address of the Lender : Vehicle Make & Model : Registration Number : Stamp Charges : Rs. Processing Charges : Rs. Loan Amount : Rs. Less Advance EMI : Rs. Net Loan Amount : Rs. Add: Interest : Rs. Add: Insurance amount for Yr : Rs. Total : Rs. REPAYMENT DETAILS The loan is repayable in monthly installments of Rs. each.

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

• The costs related with the Agreement (the Loan to cost ratio) for the Borrower amounts to [●] percent of the Net Loan Amount per year.

• 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.

• 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”).

• All of the parties hereto agree and acknowledge that such payment by the Company of the Net Loan Amount is in full satisfaction of the Company's obligation to repay any and all outstanding principal and interest with respect to the Principal Loans and the Principal's obligation to repay any and all outstanding principal and interest with respect to the Company Loans.

• 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.

More Definitions of Net Loan Amount

Net Loan Amount means an amount equal to (i) the Loan Amount minus (ii) the Aggregate Net LTIP Payment.

Net Loan Amount is defined in Section 2.1.2.

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.

Net Loan Amount is defined in Section 3.1.2.