Qualified Loan Amount definition

Qualified Loan Amount means, with respect to each Mortgaged --------------------- Property, the maximum principal amount permitted for any Qualified Loan as such term is defined in the Management Agreement attached as Exhibit G hereto.
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Qualified Loan Amount means (a) the greater of the Basis Amount and the Prior Loan Amount until a Leasehold Mortgage or other financial obligation of Tenant that was incurred in the acquisition, development or operation of the Premises or any part thereof and is secured by an interest in the Premises is equal to or greater than the Basis Amount; and (b) thereafter, the Prior Loan Amount.
Sample 1
Qualified Loan Amount the sum as set out in the Application, being the total sum of money the Borrower qualifies to borrow from the Lender for the following 12 months, from the date indicated on the Application.
Sample 1

Examples of Qualified Loan Amount in a sentence

  • The amount of a requested Guarantee Payment under the Guarantee shall be equal to the Guaranteed Amount and, shall not, in aggregate with all Guarantee Payments under the Guarantees or requested by the Arranger at such time, exceed the Maximum Guaranteed Amount or, in respect of the relevant Qualified Loan under which a Declared Triggering Event has occurred, exceed the Maximum Guaranteed Qualified Loan Amount and be no less than the Minimum Guaranteed Qualified Loan Amount.

  • The amount of each partial disbursement shall be the difference between the largest Loan amount that Lender determines in its discretion can satisfy the Earnout Criteria at the time of calculation, and the Qualified Loan Amount.

  • In addition, during the Earnout Period, no more frequently than quarterly, Borrower may request partial disbursements of the Earnout Reserve Deposit upon delivery to Lender of evidence indicating in Lender’s discretion that the Earnout Criteria are satisfied, and that the cash flow from the Property is sufficient to support a Loan amount in excess of the Qualified Loan Amount.


More Definitions of Qualified Loan Amount

Qualified Loan Amount means, with respect to each Mortgaged --------------------- Property, the maximum principal amount permitted (i) in respect of the Courtyard by Marriott Hotels, for a Qualified Loan as such term is defined in the Management Agreement attached as Exhibit G hereto, and (ii) in respect of any other Hotel Facilities, pursuant to the applicable terms, if any, of any Management Agreement or Operating Lease relating thereto.
Sample 1
Qualified Loan Amount has the meaning set forth in Section 4.08 hereof.
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Related to Qualified Loan Amount

  • Qualified Loan means a loan made under this act or former 1961 PA 108 from this state to a school district to pay debt service on a qualified bond.

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

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

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

  • Qualified Lender means a lender approved by the federal department of housing and urban development to enter into a loan insured by the federal government under 12 USC 1715z−20.

  • 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.

  • 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.

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

  • Maximum Advance Amount shall be Two Hundred Fifty Thousand Dollars ($250,000) per Advance Notice.

  • 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.

  • 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.

  • 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.

  • Specified Loan Party means any Loan Party that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 10.19).

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • 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).

  • 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).

  • Permitted Amount means, on any date, an amount equal to 3.5 times Adjusted EBITDA as of the most recent fiscal quarter for which financial statements of the Company are internally available immediately preceding such date.

  • Undrawn Amount means, with respect to any Letter of Credit, at any time, the maximum amount available to be drawn under such Letter of Credit at such time and “Undrawn Amounts” means, at any time, the sum of all Undrawn Amounts at such time.

  • Series Servicing Fee Percentage means 2.0%.

  • Qualified facility means a permanent facility within this state equipped for the production of motion pictures, television shows, or digital media production that meets all of the following requirements:

  • Term Loan Percentage means, with respect to any Term Loan Lender at any time, the percentage of the total outstanding principal balance of the Term Loans represented by the outstanding principal balance of such Term Loan Lender’s Term Loans.

  • Available Facility Amount shall have the meaning specified in paragraph 2B(1).

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

  • Allocated Loan Amount means, for an Individual Property, the amount set forth on Schedule II attached hereto.

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • CD Loan means a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.