Outstanding Money definition

Outstanding Money means the amount (without converting the currency in which it is expressed) actually or contingently owing by you to ANZ under your Facility and includes interest and Costs;

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Outstanding Money means, on any date and in relation to a Facility, the aggregate of the principal amount outstanding under the Facility and all other money payable by you to us under the Facility and outstanding at such date including accrued interest (including default interest), fees, indemnities, costs and expenses;

Outstanding Money means all money outstanding under a Loan Contract, including the Principal, interest and fees.

Examples of Outstanding Money in a sentence

• The obligations and Outstanding Money are also secured by any other security interest over other property granted by the Borrower to the Lender.

• You can instruct us to reduce your Facility Limit or Reducing Limit (as applicable) at any time, provided such reduction does not cause the Outstanding Money for that Facility to exceed the new Facility Limit or Reducing Limit (as applicable).

• Subject to satisfaction of the applicable conditions precedent and any other requirements that we may specify, you may make drawings from time to time during the Term by debiting your Facility Account, provided that the making of the drawing will not cause the Outstanding Money to exceed your Facility Limit at that time.

• If we exercise our rights of enforcement under the Documents to sell any Secured Property and the proceeds of that sale are insufficient to repay the total of the Outstanding Money at that time, you will remain indebted to us for the balance of the Outstanding Money.

• If we exercise our rights as a result of an Event of Default, we are entitled to (among other things), cancel the Facility, declare any or all of the Outstanding Money to be due and payable immediately and exercise our rights under a Security Document which includes repossession and/or sale of the above secured property.

• Loan-to-Security Percentage % If the Outstanding Money exceeds the Loan-to-Security Percentage of the value we place on the Secured Property we may require you to provide additional security in accordance with clause 8.2 of the Memorandum.

• Each of the obligations of the Borrowers under clauses 14.2, 19.1 and 19.2 and section 23 shall constitute a continuing obligation, separate and independent from their other obligations under any Transaction Document and shall survive payment of the Outstanding Money and release of the security.

• New second registered mortgage over Loan-to-security percentage Address: Record of Title: Mortgagor: Priority Amount: $ plus interest First Mortgage limit: The amount secured under the first mortgage over this property must not exceed $ % If the Outstanding Money exceeds the Loan-to-Value Ratio of the value we place on your Secured Property, we may require you to provide additional security in accordance with clause 8.2 of the Memorandum.

• In that case, you must immediately pay that Outstanding Money and it will accrue Default Interest under section 4.4 until it is paid in full.

• Outstanding Money Market Loans shall not affect the requirement of any Bank to fund its Pro Rata Share under a Syndicated Loan.

More Definitions of Outstanding Money

Outstanding Money means all debts and monetary liabilities of any Obligor to the Lender under or in relation to any Transaction Document and in any capacity, irrespective of whether the debts or liabilities:

Outstanding Money means, on any date and in relation to a Facility, the aggregate of all Outstanding Amounts and all other money payable by the Borrower to the Bank under the Facility and outstanding at such time including accrued interest (including default interest), fees, indemnities, costs and expenses;

Outstanding Money. , for a particular facility, means the amount (without converting the currency in which it is expressed) actually or contingently owing by you to us under the facility and includes interest and costs.

Outstanding Money means, at any time in relation to a Facility, the aggregate amount of all Advances, interest (including default interest), fees, costs and all other amounts payable by the Borrowers in relation to that Facility under this agreement and outstanding at that time.

Outstanding Money. , for a particular Facility, means the amount (without converting the currency in which it is expressed) actually or contingently owing by you to ANZ under the Facility and includes interest and Costs. For bank guarantees and other contingent liability instruments, it includes all amounts paid by ANZ or claimed by a beneficiary and the face value of any bank guarantees or other contingent liability instruments not yet expired. It includes the face value of any outstanding Bills;

Outstanding Money for a particular facility, means the amount (without converting the currency in which it is expressed) actually or contingently owing by you to the Bank under the facility and includes interest and costs;