Loans Outstanding definition

Loans Outstanding means, on any day, the aggregate Principal Amount of the Loans, made on or prior to such day, reduced from time to time by payments and distributions in respect of principal of the Loans in accordance with the terms hereof.

Loans Outstanding means the sum of the principal amounts loaned to the Borrower for the initial and any subsequent borrowings pursuant to Sections 2.01 and 2.02, reduced from time to time by Collections received and distributed as repayment of such Loans outstanding pursuant to Section 2.05; provided, however, that such Loans outstanding shall not be reduced by any distribution of any portion of Collections if at any time such distribution is rescinded or must be returned for any reason.

Loans Outstanding means the sum of the principal amounts of all Loans, as reduced from time to time by Collections with respect to any Pledged Receivable received and distributed as repayment of principal amounts of Loans outstanding pursuant to Section 2.04 and any other amounts received by the Lenders to repay the principal amounts of Loans outstanding pursuant to Section 2.15 or otherwise; provided, however, that the principal amounts of Loans outstanding shall not be reduced by any Collections with respect to any Pledged Receivable or other amounts if at any time such Collections or other amounts are rescinded or must be returned for any reason.

Examples of Loans Outstanding in a sentence

• Each Non-Extending Lender hereby agrees to assign all or a portion of its Commitment and the amounts payable to it hereunder to a replacement Committed Lender identified in accordance with the preceding sentence, subject to ratable payment of such Non-Extending Lender's Invested Percentage of the Loans Outstanding, together with all accrued and unpaid interest thereon, and a ratable portion of all fees and other amounts due to it hereunder.

• Upon receipt of any such amounts, the Administrative Agent and Agents shall apply such amounts first to the pro rata reduction of the Loans Outstanding, second to the payment of the remaining Aggregate Unpaids with respect thereto, including any Breakage Costs, by paying such amounts to the Lenders pro rata, based on their respective Lender Percentages.

• Interest shall accrue during each Interest Period and be payable on the Loans Outstanding on each Payment Date in accordance with Section 2.06.

• For such purposes, the Agents may rely conclusively on notices from Lenders as to the interest rate or rates from time to time applicable to their respective Invested Percentage of the Loans Outstanding.

• On and after the declaration of the occurrence of the Termination Date pursuant to Section 8.01(b), each Lender’s Invested Percentage of the Loans Outstanding shall accrue Interest on each day during the related Interest Period at a per annum rate equal to the Default Rate for such day.

More Definitions of Loans Outstanding

Loans Outstanding means the sum of the principal amounts of Loans loaned to the Borrower for the initial and any subsequent borrowings pursuant to Sections 2.01 and 2.02, reduced from time to time by Collections with respect to any Pledged Receivable received and distributed as repayment of principal amounts of Loans outstanding pursuant to Section 2.04 and any other amounts received by the Lender to repay the principal amounts of Loans outstanding pursuant to Section 2.15 or otherwise; provided, however, that the principal amounts of Loans outstanding shall not be reduced by any Collections with respect to any Pledged Receivable or other amounts if at any time such Collections or other amounts are rescinded or must be returned for any reason.

Loans Outstanding means, for any Person, the sum of loans and direct lease financings, net of unearned income, by such Person and its Subsidiaries on a consolidated basis.

Loans Outstanding. On any day, the aggregate principal amount of the Loans outstanding on such day, after giving effect to all repayments on such day.

Loans Outstanding means on any day, the aggregate principal amount of the Loan outstanding on such day, after giving effect to all repayments in respect of the Loan prior to or on such day.

Loans Outstanding means the end-quarter balances of any unused extra drawing facility that remains available to the borrower: show the amount.

Loans Outstanding means gross loans outstanding net of any participa- tions sold at the end of each reporting period. The term loan includes loans, participations purchased, contracts of sale, notes receivable, and other simi- lar obligations and lease financings. The term loan includes loans origi- nated through direct negotiations be- tween the reporting institution and a borrowing entity and loans or interest in loans purchased from another lender that are recorded as assets of a report- ing institution.

Loans Outstanding means, on any day, the aggregate Principal Amount of all Loans made on or prior to such day, reduced from time to time by payments and distributions in respect of principal of the Loans in accordance with the terms hereof. "Lockbox Account" means one or more deposit accounts established and maintained at the Lockbox Bank by DFC. "Lockbox Bank" means, initially, JPMorgan Chase Bank, N.A. or any other bank as agreed to by the Borrower, the Administrative Agent and the Required Lenders. "Lockboxes" means one or more post office boxes or operating accounts established by DFC and maintained at the Lockbox Bank. "Long-Term Rating Requirement" means, with respect to any Person, that such Person has a long-term unsecured debt rating of not less than "A" by Standard & Poor's and not less than "A2" by Xxxxx'x. "Mandatory Hedging Condition" means that, as of any date of determination, one or more of the following events has occurred and the occurrence of a Mandatory Hedging Condition has not been expressly waived in accordance with Section 13.01 (regardless of whether any such event, or any other consequences of such event, have been waived, either in accordance with Section 13.01 or otherwise): (i) any Termination Event has occurred; (ii) any Servicer Termination Event has occurred; or (iii) the Commitment Termination Date occurs. "Material Adverse Change" means any event or condition which would have a material adverse effect on (i) the collectability of all or a material portion of the Receivables, (ii) the