Aggregate Amount Financed Clause Samples
The Aggregate Amount Financed clause defines the total sum of money provided to a borrower under a financing agreement. It typically specifies the combined principal amounts of all loans or advances made available, excluding interest, fees, or other charges. This clause ensures both parties have a clear understanding of the maximum funds being extended, helping to prevent disputes over the total amount financed and providing a basis for calculating repayment obligations.
Aggregate Amount Financed. The aggregate of the Amount Financed for each Receivable as of the Applicable Cutoff Date. As of the Initial Cutoff Date, the Aggregate Amount Financed was $1,340,505,439.58.
Aggregate Amount Financed. The aggregate of the Amount Financed for each Receivable as of the [Applicable] Cutoff Date. As of the [Initial] Cutoff Date, the Aggregate Amount Financed was $[ ].