New Loan Amount definition

New Loan Amount has the meaning given to such term in the Recitals.
New Loan Amount means the amount of the New Loan that will be borrowed by Tembec Industries on the Effective Date, which amount shall be US$300,000,000.
New Loan Amount means, as of any date, an amount equal to the difference between:

Examples of New Loan Amount in a sentence

  • New Loan Amount applies after Reset Closing Time The New Loan Amount applies to an Instalment Warrant immediately after the Reset Closing Time.

  • Example Of New Loan Amount More Than Old Loan The existing VA loan was originally made for $110,000 with a guaranty of $27,500, or 25 percent.

  • For a SECOND or more refinance of the borrower’s ORIGINAL Loan (RMCC previously Issued) skip to number 4 below.3.a) The New Loan Amount as of the date of issuance is $ b) As of the date of closing of the New Refinance Loan, the outstanding principal balance of the Old (Original Loan (loan paid off) was $ (This is the Certified Indebtedness Amount).

  • Example Of New Loan Amount Less Than Old Loan The existing VA loan was originally made for $42,000 with a guaranty of $25,000, or almost 60 percent (the percentage applicable under former law).

  • If the price of the underlying Security has decreased since the beginning of the Offer Period (or the last Reset Date, whichever is the later), the Loan Amount may be reduced from the Reset Date so as to maintain approximately the same degree of leverage (the New Loan Amount).

  • At each Reset Date interest is charged at the then determined rate on the New Loan Amount for the upcoming Reset Period.

  • Example Of New Loan Amount Less Than Old LoanThe existing VA loan was originally made for $42,000 with a guaranty of$25,000, or almost 60 percent (the percentage applicable under former law).

  • The Rollover Amount can be calculated as follows: Rollover Amount = (New Loan Amount – Old Loan Amount - Interest Amount) x Number of Instalment Warrants = ($10.00 - $15.00 - $0.80) x 5,000 = -$29,000 If the Rollover Amount is positive, Commonwealth Bank will pay the Rollover Cashback to you.

  • Return of Capital to the Vendor:The parties also agreed that the Target Company shall reduce and return its share capital determined as C$24,000,000 less the Existing Loan Amount (at the US$ equivalent), such amount to be satisfied through payment of the New Loan Amount to the Vendor at Sale and Purchase Completion and the remittance of the Canadian Bank Funds to the Vendor at Sale and Purchase Completion.

  • Source: Department of Interior and Local Government.Appendix 3 23 Table A3.2: Dates of Reduction in Loan Amount Date of Loan Reduction Amount of Reduction New Loan Amount ($ million) 27 May 1998a3.0 27.020 March 2000b6.8 20.219 March 2002c3.4 16.826 September 2002d1.8 15.012 January 2004e3.0 12.0Note: Totals might not add up due to rounding.


More Definitions of New Loan Amount

New Loan Amount means US$18 million.
New Loan Amount means the principal amount of the New Senior Debt, as stated in the description of the New Senior Debt that appears in these Definitions. The New Loan Amount is subject to being reduced (a) by crediting the appraised value (as stated in the Plan) of Orchards Mall and Soup Lots upon consummation of the conveyance of Orchards Mall and Soup Lots to the Agent and/or the Senior Lenders or their designee, (b) absent consummation of the Senior Lender Settlement, by crediting Adequate Protection Overpayments in accordance with Article IV.I of the Plan.
New Loan Amount. All references in the Loan Documents to the amount of the Loan shall be revised to refer to the New Loan Amount set forth herein.
New Loan Amount shall have the meaning ascribed thereto under Section ‎2.5 below.

Related to New Loan Amount

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

  • 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.

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

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • 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.

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

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Term Loan Commitment Amount means, (a) as to any Lender that is a Lender on the Closing Date, the dollar amount set forth opposite such Lender’s name on the Commitment Annex under the column “Term Loan Commitment Amount”, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party, and (b) as to any Lender that becomes a Lender after the Closing Date, the amount of the “Term Loan Commitment Amount(s)” of other Lender(s) assigned to such new Lender pursuant to the terms of the effective assignment agreement(s) pursuant to which such new Lender shall become a Lender, as such amount may be adjusted from time to time by any amounts assigned (with respect to such Lender’s portion of Term Loans outstanding and its commitment to make advances in respect of the Term Loan) pursuant to the terms of any and all effective assignment agreements to which such Lender is a party.

  • New Loan means a Loan made by the Failed Bank after the Bid Valuation Date that is not a continuation, amendment, modification, renewal, extension, refinancing, restructuring or refunding of or for any then-existing 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.

  • New Loan Commitments shall have the meaning provided in Section 2.14(a).

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances outstanding.

  • Revolving Loan Commitment Amount means, on any date, $30,000,000, as such amount may be reduced from time to time pursuant to Section 2.2.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Maximum Revolving Advance Amount means $30,000,000.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $62,680,000, as such amount may be reduced or increased from time to time pursuant to this Agreement.

  • Term Loan Committed Amount shall have the meaning set forth in Section 2.2(a).

  • Total Loan Commitment means an amount equal to the aggregate amount of all Loan Commitments.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Incremental Loan Commitment shall have the meaning ascribed to such term in Section 2.22(a).

  • 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.

  • Term Loan A Commitment means, with respect to each Lender, its Term Loan A Commitment, and, with respect to all Lenders, their Term Loan A Commitments, in each case as such Dollar amounts are set forth beside such Lender's name under the applicable heading on Schedule C-1 or on the signature page of the Assignment and Acceptance pursuant to which such Lender became a Lender hereunder in accordance with the provisions of Section 14.1.

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

  • Aggregate Revolving Commitment Amount means the aggregate principal amount of the Aggregate Revolving Commitments from time to time. On the Closing Date, the Aggregate Revolving Commitment Amount is $300,000,000.