Original Loan Balance definition

Original Loan Balance. With respect to each Note, the Loan Balance of such Note or the mortgage note relating to a Senior Lien, as the case may be, on the date of origination thereof.
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Original Loan Balance. As to any Mortgage Loan, the original principal amount of such Mortgage Loan outstanding on the date such loan was made.
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Original Loan Balance means the principal balance of the Loan which would have been outstanding on a single Original Payment Date if there had been no prepayment.
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Examples of Original Loan Balance in a sentence

  • Ratio representing the sum of the Original Loan Balance plus Original Senior Lien Amount to the Original Appraised Value 85.23 Original Appraised Value Appraised value at time of application.

  • One such Note Component (“Note Component A-1”) evidences the Original Loan Balance, and one such Note Component (“Note Component A-2”) evidences the Restatement Date Advance Amount.

  • Any such mandatory prepayment shall be applied to reduce the Adjusted Original Loan Balance (as defined in the Term Notes) with the effect of reducing the scheduled principal installments of the Term Loan thereafter becoming due and payable.

  • Text ------------------------------------------------------------------------------------------------ Original Loan To Value Ratio representing the Original Loan Balance to the lower of the Ratio Original Appraised Value or Original Purchase Price.

  • Resistive switching memory devices are promissing candidates for future non- volatile memory generation especially oxide-based RRAM as they are compatible with the complementary metal-oxide-semiconductor (CMOS) technology (38, 39).

  • Due period ended: August 1, 1998 Total Class 1A Class R ----- -------- ------- 29 Loans Outstanding - BOM 3215 30 Original Loan Balance 207,251,557.89 207,251,557.89 0.00 31 Pre-Funding Account Balance 60,121,952.97 60,121,952.97 0.00 32 Initial Overcollateralization 3,787,044.44 3,787,044.44 0.00 33 Realized Losses, LTD 0.00 0.00 0.00 34 Carryforward Amount 0.00 0.00 35 Aggregate Unpaid Principal Balance of Delinquent 0.00 Loans Repurchased per Sec.

  • Text ------------------------------------------------------------------------------------------------------------------------------ Original Loan To Value Ratio Ratio representing the Original Loan Balance to the lower of the Original Appraised Value or Original Purchase Price.


More Definitions of Original Loan Balance

Original Loan Balance means, with respect to any Receivable, the original principal balance of the Receivable as of the date of origination.
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Original Loan Balance. As to any Mortgage Loan, the original principal amount of such Mortgage Loan outstanding on the date such loan was made. Original Pre-Funded Amount: $57,744,845.
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Original Loan Balance. XX Transfer Loan Balance: XX Current Loan Balance: XX Past Due Interest: XX Net Loan Collection Expenses to Date: XX Current P&I Payment: XX Interest Paid to Date: XX Number of Days Past Due: XX Last Amount Received: XX Maturity Date: XX Mortgage Interest Rate: XX Group Number (Sub-Pool Number): XX Servicing Transfer Date: XX Servicing Transfer Type: XX Performing/Non-Performing Status: XX Recourse: XX
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Related to Original Loan Balance

  • Loan Balance means, for any date of determination, the outstanding principal balance due under or in respect of a Timeshare Loan (including a Defaulted Timeshare Loan).

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

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Cut-off Date Loan Balance means the Loan Balance calculated as of the Cut-off Date.

  • Net Purchased Loan Balance means, as of any date of determination, an amount equal to (a) the aggregate principal balance of all Portfolio Investments acquired by the Company prior to such date minus (b) the aggregate principal balance of all Portfolio Investments repurchased by the Parent or an Affiliate thereof prior to such date.

  • Original Loan shall have the meaning set forth in the recitals hereto.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Total loan amount means the principal of the loan minus those

  • 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.

  • Original Loan-to-Value Ratio With respect to any Mortgage Loan, the ratio of the principal balance of such Mortgage Loan at origination, or such other date as is specified, to the Original Value of the related Mortgage Property.

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

  • Original Pool Balance means the Pool Balance as of the Cutoff Date.

  • 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.

  • 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.

  • Mortgage Loan Principal Balance means, at any date of determination, the aggregate principal balance of the Notes evidencing the Mortgage Loan.

  • Additional Loans Purchase Price means the dollar amount representing the aggregate purchase price of the related Additional Loans as specified in the applicable Additional Purchase Agreement (which, with respect to any Additional Loan purchased with funds on deposit in the Supplemental Purchase Account, will be equal to 100% of the aggregate principal balance of such Additional Loan, plus accrued interest to be capitalized).

  • Original Lower-Tier Principal Amount With respect to any Class of Uncertificated Lower-Tier Interest, the initial principal amount thereof as of the Closing Date, in each case as specified in the Preliminary Statement.

  • Aggregate Loan Group Balance As to any Loan Group and as of any date of determination, will be equal to the aggregate of the Stated Principal Balances of the Mortgage Loans in that Loan Group, except as otherwise provided, as of the last day of the related Collection Period.

  • Original Loan Agreement has the meaning set forth in the recitals hereto.

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

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

  • Additional Loans means any Additional Revolving Loans and any Additional Term Loans.

  • 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.

  • Series Servicing Fee Percentage means 2.0%.

  • Original Balance means, with respect to any Receivable coming into existence after the Initial Cutoff Date, the Outstanding Balance of such Receivable on the date it was created.

  • Servicing Fee Percentage With respect to each Mortgage Loan, the percentage specified on the Servicer Mortgage Loan Schedule.