Unpaid Excess Loan Amount definition

Unpaid Excess Loan Amount means the excess of the Difference over the Actual Prepayment Amount. Lender (or its designee) shall receive Class B Equity Interests in the amount of the Class B Amount pursuant to documentation satisfactory to Lender in Lender's sole discretion, the material terms of which are described on Exhibit D attached hereto, and upon such conversion Lender (or its designee) shall be the "Preferred Shareholder" in the Borrower. In addition to all other amounts due Lender, Borrower shall pay to Lender, in addition to any amounts set forth in the first paragraph of Section 8.32(c) above, on the Stabilization Date Payment Date, (x) an amount equal to any hedging losses and breakage fees incurred by Lender that Borrower would have been required to pay had Borrower prepaid the Loan in an amount equal to the Class B Amount, and (y) a fee equal to two percent (2%) of the Class B Amount. Any failure by Borrower to pay to Lender any hedging losses and breakage fees incurred by Lender and the fee in connection with any prepayment or conversion pursuant to this Section on the Stabilization Date Payment Date shall constitute an immediate Event of Default.
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Unpaid Excess Loan Amount has the meaning provided in Section ------------------------- ------- 8.32(c)(i). ----------
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Unpaid Excess Loan Amount has the meaning provided in Section 8.32(c)(ii).
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Examples of Unpaid Excess Loan Amount in a sentence

  • As used herein, the "Unpaid Excess Loan Amount" shall mean the excess of the Difference over the Actual Prepayment Amount.

  • As used herein, the "Unpaid Excess Loan Amount" shall mean the excess of the Difference over ------------------------- the Actual Prepayment Amount.


More Definitions of Unpaid Excess Loan Amount

Unpaid Excess Loan Amount. Underwriting NOI Criteria," "Unpaid Excess Loan Amount," "Warrant," "Security Agreement."
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Unpaid Excess Loan Amount. Warrant," "Security Agreement."
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Unpaid Excess Loan Amount. U.S. Obligations"; "Warrant"; and "Yield Maintenance Premium". All references in the Existing Loan Agreement to the aforementioned defined terms are hereby deleted.
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Related to Unpaid Excess Loan Amount

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

  • 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.

  • Loan Balance means, for any date of determination, the outstanding principal balance due under or in respect of a Timeshare Loan (including a Defaulted Timeshare Loan).

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

  • 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.

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

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

  • Aggregate Loan Balance At any date of determination, the outstanding principal balance of the Mortgage Loans serviced hereunder.

  • 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.

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

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

  • Net Purchased Loan Balance means, as of any date of determination, an amount equal to (a) the aggregate principal balance of all Portfolio Investments acquired by the Company prior to such date minus (b) the aggregate principal balance of all Portfolio Investments repurchased by the Parent or an Affiliate thereof prior to such date.

  • 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).

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

  • 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.

  • 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.

  • Cut-off Date Loan Balance means the Loan Balance calculated as of the Cut-off Date.

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Cut-Off Date Aggregate Principal Balance The aggregate of the Cut-Off Date Principal Balances of the Mortgage Loans is as set forth in Section 11.03.

  • Aggregate Loan Group Balance As to any Loan Group and as of any date of determination, will be equal to the aggregate of the Stated Principal Balances of the Mortgage Loans in that Loan Group, except as otherwise provided, as of the last day of the related Collection Period.

  • Excess Servicing Fee Rate The rate of 0.0% per annum with respect to each Mortgage Loan.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Net Aggregate Prepayment Interest Shortfall With respect to any Distribution Date, the amount, if any, by which (a) the aggregate of all Prepayment Interest Shortfalls incurred in connection with the receipt of Principal Prepayments on the Mortgage Loans during the related Due Period, exceeds (b) the aggregate amount deposited by the Master Servicer in the Certificate Account for such Distribution Date pursuant to Section 3.19 in connection with such Prepayment Interest Shortfalls.

  • Prepayment Interest Excess Amount With respect to any Principal Prepayment in full which is applied to the related Mortgage Loan from the first day of the month of any Remittance Date through the sixteenth day of the month of such Remittance Date, all amounts paid in respect of interest on such Principal Prepayment in full. A Prepayment Interest Excess Amount cannot result from a Principal Prepayment in part, but only from a Principal Prepayment in full.