Principal Loan Amount definition

Principal Loan Amount means the Qualified Loan disbursed to an eligible Borrower with a minimum amount of $50,000 and a maximum amount of $20,000,000.
Principal Loan Amount. The aggregate principal amount of all unpaid Advances made under the Notes outstanding at any time, plus the then current Letter of Credit Amount.
Principal Loan Amount means the Qualified Loan disbursed to an eligible Borrower with a minimum amount of $50,000 and a maximum amount of $20 million.

Examples of Principal Loan Amount in a sentence

  • Payment shall be applied as follows: Principal Loan Amount $ Interest $ Late Payments.

  • The Borrower may at any time prepay the Principal Loan Amount, in whole or in part, outstanding under the Notes if the Borrower has given the Agent at least one (1) Business Day's prior written notice of its intention to make such prepayment.

  • The Principal Loan Amount shall bear an accumulated interest at the rate of Israeli Prime plus 4% per annum (the “Interest” and together with the Principal Loan Amount, the “Loan Amount”) calculated on the 10th of each calendar quarter for the immediately preceding 3 months period.

  • Principal Loan Amount, Interest Rate, Term in Years, Amortization Period in Years, Annual Debt Service -- required for ALL loans with amortizing debt, whether fully-amortizing or not, including developer notes and deferred developer fees (even if the interest rate is 0%, do not leave DDF interest rate cell blank).

  • After Conversion, interest shall accrue on the Principal Loan Amount outstanding on the respective Converted Note from time to time at a variable rate, which shall fluctuate on a monthly basis, which is equal to the Revolving Credit Rate plus one quarter of one percent (.25%).


More Definitions of Principal Loan Amount

Principal Loan Amount. $ [x] Address:
Principal Loan Amount. (the “Original Principal”) The Loan is one of the following types of loans marked by an “X” below: ____X___ Term Loan. A term loan (fixed amount with specified repayment schedule (the “Term Loan”)) with the expiration date of ___ months, an interest rate of _____% (adjusted from time to time), and a Cash Collateral Deposit Agreement Expiration of ___ months; or a ________ Line of Credit. A line of credit (open line of credit allowing for cycles of advances and repayment) with the expiration date of___________ and an interest rate of _______________%; or a ________ Other Loan Type. A ___________ loan (the “Other Loan Type”) with the expiration date of __________, an interest rate of ___________%, and a Cash Collateral Deposit Agreement Expiration of ______ months. The Loan shall be disbursed in accordance with Loan Documents among the Borrower, any co-maker, guarantor, endorser, other debtor or obligor of the Loan, and the Lender, which include without limitation, note, security agreement(s), and as applicable, a loan agreement, other hypothecations, guarantees, and other ancillary and related documents (the foregoing, and this Deposit Agreement, including all Appendices, and any permitted amendments thereto, collectively, the “Loan Documents”) The original Loan Documents shall be retained by the Lender, and evidence of loan closing shall be forwarded to Development upon execution.
Principal Loan Amount. As to the Revolving Credit Notes, the aggregate principal amount of all unpaid Advances outstanding at any time (not including the unpaid balance under the Related Bank Debt, Existing Term Notes or any Acquisition Notes, or any amounts converted to a term loan hereunder), and as to Converted Notes hereunder, the unpaid principal amount thereof.
Principal Loan Amount. XXX Dollars ($XXX) (the “Loan”, or the “Loan Limit”). ________ Term Loan. A term loan (fixed amount with specified repayment schedule (the “Term Loan”)); or a ________ Revolving Line of Credit. A revolving line of credit (open line of credit allowing for cycles of advances and repayment (the “Revolving Loan”)); or a
Principal Loan Amount shall include the aggregate principal amount of the Notes, the First Bridge Notes, and the Galenica Note.
Principal Loan Amount. As to the Revolving Credit Notes, the aggregate principal amount of all unpaid Advances outstanding at any time (not including the unpaid balance under the Existing Term Notes or 5 any Acquisition Notes, or any amounts converted to a term loan hereunder), and as to Converted Notes hereunder, the unpaid principal amount thereof. Purchase Agreement: The Asset Purchase and Sale Agreement dated as of May 3, 1996, between the Borrower and Broadcast Partners, as amended from time to time.
Principal Loan Amount. As to the Revolving Credit facility, the aggregate principal amount of all unpaid Advances outstanding at any time not including the unpaid balance under the Existing Term Notes or any amounts converted to a term loan hereunder, and as to term loan hereunder, the unpaid principal amount of any Conversion under Section 2.