Total amount financed definition

Total amount financed means the total amount of financing required by the home to fund construction, acquisition, rehabilita- tion, or refinancing. Seventy-five percent of this amount must be sup- plied by tax exempt bonds to receive the total exemption from property tax available under the tax exempt bond financing provision of RCW 84.36.041.
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Total amount financed means the total amount to be advanced by the Porter Group to the Customer or Vendor (as applicable) for the purposes of purchasing the Financed Goods and paying the Application Fee and Registration Fee, but is subject to variation pursuant to this Part Six of the Master Terms. The Total Amount Financed excludes interest as set out in the Finance Agreement.
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Total amount financed. Annual Percentage Rate (APR): Assumes automatic payments. Reference loan agreement for requirements. 254.07 Solar Loan Payment per Month for the Initial Period (17 payments)*: Lender: 62,918.29 4.49 % Loan Term: 300 GoodLeap Months * This monthly payment will continue for the full term of Your loan if you make a voluntary payment of Your federal solar Investment Tax Credit (“ITC”). However, if no voluntary payment of Your ITC is made, Your monthly payment will increase as stated in your Loan Agreement. Your Loan Agreement may also include a lower introductory payment amount offered by Your Lender and may increase after such introductory period. Please see your Loan Agreement and the General Terms and Conditions below for further details. _____________ _____________ Down Payment At execution $ ($2,000) Progress Payment After Permit Acquired $ (30% of total) Final Payment After Installation $ (remainder) Total Payments (Non-Financed): $ _____________ _____________ Your Right to Cancel. IF YOU DECIDE YOU DO NOT WANT THE GOODS OR SERVICES YOU MAY CANCEL THIS TRANSACTION AT ANY TIME PRIOR TO MIDNIGHT OF THE THIRD (3RD) BUSINESS DAY AFTER THE DATE OF THIS TRANSACTION. A TIMELY NOTICE OF CANCELLATION MAY BE SENT TO POWUR AT XXXXXXXXXXXX@XXXXX.XXX. SEE THE ATTACHED NOTICE OF CANCELLATION FORM FOR AN EXPLANATION OF THIS RIGHT. 4/1/2023 Xxxx Xxxxx 0000 Xxxxxxxxx Xx Katy TX 77493 Powur, PBC, dba Powur, PBC Inc, a Delaware corporation XXXXXXXX XXXX Independent Powur Consultant 4/1/2023 General Terms and Conditions Homeowners Association Information Notice of Cancellation (2 Copies) Powur State Licenses Texas
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Examples of Total amount financed in a sentence

  • Subject to availability of ECR credit limit with the commercial bank and EXIM Bank’s administrative limit.TenurePre-Shipment: Up to 120 days Post-Shipment: Up to 183 daysProfit RateDetermined by EXIM from time to time.Example: Total amount financed : RM xxx Bank’s Profit rate (Ceiling profit rate) : XX% Effective profit rate: COF-i + Spread Margin of financing: XX% Tenure: XX days Bank’s Selling price : RM xxxNote: 1.

  • Total amount financed (total of 1 – 5) $1,082.48 Notice to the Borrower: 1.

  • Total amount financed of $752,786 includes $12,939 of capitalized interest, with the remaining $739,848 and $443,774 accounted for in equipment and accumulated depreciation, respectively.

  • Total amount financed of $752,786 includes $12,939 of capitalized interest, with the remaining $739,848 and $591,744 accounted for in equipment and accumulated depreciation, respectively.

  • If the order is received by 2pm on any given day, you will receive the order the next business day.

  • Total amount financed of$752,786 includes $12,939 of capitalized interest, with the remaining $739,848 and $443,774 accounted for in equipment and accumulated depreciation, respectively.

  • APR: 5.000% Total amount financed: $6,000,000.00 Total payments: $7,636,717.11 Finance charge $ 1,636,717.11 Amortization method: Normal *Finance charge includes points, fees, and pre-paid interest, if applicable.

  • Total amount financed (Item G) is subject to interest at the rate of 1% per month commencing upon the second installment date of this Note and continuing until the account is paid in full.


More Definitions of Total amount financed

Total amount financed. Annual Percentage Rate (APR): Solar Loan Payment per Month for the Initial Period (17 payments)*: Lender: % Loan Term: Months * This monthly payment will continue for the full term of Your loan if you make a voluntary payment of Your federal solar Investment Tax Credit (“ITC”). However, if no voluntary payment of Your ITC is made, Your monthly payment will increase as stated in your Loan Agreement. Your Loan Agreement may also include a lower introductory payment amount offered by Your Lender and may increase after such introductory period. Please see your Loan Agreement and the General Terms and Conditions below for further details. $ (75% of balance due after down payment). $ (remainder). $ (lesser of $1,000 or 10 percent of total).
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Related to Total amount financed

  • Amount Financed means, with respect to a Receivable, the aggregate amount advanced under such Receivable toward the purchase price of the Financed Vehicle and any related costs, including amounts advanced in respect of accessories, insurance premiums, service contracts, car club and warranty contracts, other items customarily financed as part of motor vehicle retail installment sale contracts or promissory notes, and related costs.

  • Total Amount Due means the hammer price in respect of the lot sold together with any premium, Value Added Tax chargeable and any additional charges payable by a defaulting buyer under these Conditions;

  • Principal amount financed means the unpaid cash price balance after deducting the down payment, adding the cost of any insurance premiums required or obtained as security for or by reason of the sale of a motor vehicle under an installment sale contract, and adding other costs necessary or incidental to the sale of the motor vehicle under the contract that the seller contracts to pay on behalf of the buyer and for the amount of which the seller agrees to extend credit to the buyer and for which the buyer contracts voluntarily.

  • Total Amount means the total amount of the Grant as set out in the Grant Schedule.

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • 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.

  • 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).

  • 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.

  • Notional Principal Amount For calculating interest payments, on each Class of outstanding Interest Only MAC Notes as of any Payment Date, an amount equal to the outstanding Class Principal Balance as of such Payment Date of the portion of the related Class of Class M Notes that was exchanged for such Interest Only MAC Note.

  • PO Formula Principal Amount As to any Distribution Date, the sum of the applicable PO Percentage of (a) the principal portion of each Scheduled Payment (without giving effect, prior to the Bankruptcy Coverage Termination Date, to any reductions thereof caused by any Debt Service Reductions or Deficient Valuations) due on each Mortgage Loan on the related Due Date, (b) the Stated Principal Balance of each Mortgage Loan that was repurchased by the Seller or the Master Servicer pursuant to this Agreement as of such Distribution Date, (c) the Substitution Adjustment Amount in connection with any Deleted Mortgage Loan received with respect to such Distribution Date, (d) any Insurance Proceeds or Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan that became a Liquidated Mortgage Loan during the month preceding the calendar month of such Distribution Date, the amount of Liquidation Proceeds allocable to principal received during the month preceding the month of such Distribution Date with respect to such Mortgage Loan and (f) all Principal Prepayments received during the related Prepayment Period.

  • Adjusted Outstanding Dollar Principal Amount means at any time during a Monthly Period with respect to any Series, Class or Tranche of Notes, the Outstanding Dollar Principal Amount of all Outstanding Notes of such Series, Class or Tranche of Notes at such time, less any funds on deposit in the Principal Funding Account or the related Sub-Account, as applicable, for the benefit of such Series, Class or Tranche of Notes at such time.

  • Aggregate Principal Amount means, as of any date of calculation, the principal amount or Accreted Value of the Bonds referred to.

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • Original Principal Amount means $296,000,000 for the Class A-1 Notes, $330,000,000 for the Class A-2a Notes, $100,000,000 for the Class A-2b Notes, $428,000,000 for the Class A-3 Notes and $96,000,000 for the Class A-4 Notes.

  • Adjusted Collateral Principal Amount means, as of any date of determination:

  • Collateral Principal Amount means on any date of determination (A) the aggregate principal balance of the Portfolio, including the funded and unfunded balance on any Delayed Funding Term Loan or Revolving Loan, as of such date plus (B) the amounts on deposit in the Accounts (including cash and Cash Equivalents) representing Principal Proceeds as of such date minus (C) the aggregate principal balance of all Ineligible Investments as of such date.

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

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

  • Senior Optimal Principal Amount As to a Mortgage Pool and with respect to each Distribution Date, an amount equal to the sum of:

  • Class A-PO Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum as to each Outstanding Mortgage Loan, of the product of (x) the PO Fraction with respect to such Mortgage Loan and (y) the sum of:

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

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • PO Principal Amount As to any Distribution Date and Loan Group, the sum of the applicable PO Percentage of (a) the principal portion of each Monthly Payment due on each Mortgage Loan in such Loan Group on the related Due Date, (b) the Stated Principal Balance, as of the date of repurchase, of each Mortgage Loan in such Loan Group that was repurchased by the Depositor pursuant to this Agreement as of such Distribution Date, (c) any Substitution Adjustment Amount in connection with any Defective Mortgage Loan in such Loan Group received with respect to such Distribution Date, (d) any Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans in such Loan Group that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds (excluding Excess Proceeds) allocable to principal received with respect to such Mortgage Loan during the calendar month preceding the month of such Distribution Date with respect to such Mortgage Loan and (f) all Principal Prepayments received on the Mortgage Loans in such Loan Group received during the calendar month preceding the month of such Distribution Date.

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Non-PO Formula Principal Amount As to any Distribution Date, the sum of (i) the sum of the applicable Non-PO Percentage of (a) all monthly payments of principal due on each Mortgage Loan on the related Due Date, (b) the principal portion of the purchase price of each Mortgage Loan that was repurchased by the Seller pursuant to this Agreement as of such Distribution Date, excluding any Mortgage Loan that was repurchased due to a modification of the Mortgage Rate, (c) the Substitution Adjustment Amount in connection with any Deleted Mortgage Loan received with respect to such Distribution Date, (d) any Insurance Proceeds or Liquidation Proceeds allocable to recoveries of principal of Mortgage Loans that are not yet Liquidated Mortgage Loans received during the calendar month preceding the month of such Distribution Date, (e) with respect to each Mortgage Loan that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds allocable to principal received with respect to such Mortgage Loan, and (f) all partial and full Principal Prepayments received during the related Prepayment Period and (ii) (A) any Subsequent Recoveries received during the calendar month preceding the month of such Distribution Date, or (B) with respect to Subsequent Recoveries attributable to a Discount Mortgage Loan that incurred (1) an Excess Loss or (2) a Realized Loss after the Senior Credit Support Depletion Date, the Non-PO Percentage of any Subsequent Recoveries received during the calendar month preceding the month of such Distribution Date.

  • Minimum L/C Collateral Amount means, at any time, in connection with any Letter of Credit, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 102% of the Revolving L/C Exposure with respect to such Letter of Credit at such time and (ii) otherwise, an amount sufficient to provide credit support with respect to such Revolving L/C Exposure as determined by the Administrative Agent and the Issuing Banks in their sole discretion.