Total Loans definition

Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).
Total Loans means, at any time, (i) the Net Equipment Loans, plus (ii) the aggregate outstanding Working Capital Loans at such time.
Total Loans means for the Borrower on a consolidated basis the line item “Loans” set forth on the Borrower’s consolidated balance sheet delivered pursuant to Section 5.1(a) and Section 5.1(b) (and, for the avoidance of doubt, shall exclude loans held for sale).

Examples of Total Loans in a sentence

  • The Borrower shall not request and no Lender shall be required to make any Loan if, after making such Loan, the Total Loans would exceed the Total Commitments then in effect.

  • The Borrower shall have the right, upon not less than three (3) Business Days’ notice to the Administrative Agent, to terminate the Commitments or, from time to time, to reduce the amount of the Commitments; provided that no such termination or reduction of Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Loans made on the effective date thereof, the Total Loans would exceed the Total Commitments.

  • Should the Borrower wish to sell the Property (or any part of it) other than where this is part of the plan for repaying the Total Loans (for example where buildings are to be sold off) it will where possible sell it to a charity, community benefit society or community interest company with objects which include protecting nature.

  • The Borrower shall not request and no Lender shall be required to make any Loan if, after making such Loan, the Total Loans shall exceed the Total Commitments then in effect.

  • The Borrower shall have the right, upon not less than three Business Days' notice to the Administrative Agent, to terminate the Commitments or, from time to time, to reduce the amount of the Commitments; provided that no such termination or reduction of Commitments shall be permitted if, after giving effect thereto and to any prepayments of the Loans, the Total Loans would exceed the Total Commitments.


More Definitions of Total Loans

Total Loans at any time, the aggregate principal amount of the Loans outstanding at such time.
Total Loans means the sum of loans and direct lease financings, net of unearned income of Bank.”
Total Loans at any time, the aggregate amount of the Loans of the Lenders outstanding at such time.
Total Loans means the sum of the Loans and the Related Credit Agreement Loans.
Total Loans means “colocaciones,” as defined by the Superintendencia de Bancos e Instituciones Financieras.
Total Loans means, for the Borrower on a consolidated basis, the line term “Loans net of unearned income” set forth in the Borrower’s Financial Statements delivered pursuant to Section A (Financial Reporting Covenants) of Exhibit A to this Letter Agreement.
Total Loans means collectively, the (i) Loans and (ii) US Loans.