Adjusted Loan definition

Adjusted Loan means, to the extent less than the full amount of the Loan is funded, an amount equal to the actual principal amount loaned to Borrower by the County pursuant to this Agreement. If the full amount of the Loan is funded the Adjusted Loan is equal to the Loan.
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Adjusted Loan means the total amount drawn down on the Loan by BriteSmile as of May 11, 2006.
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Adjusted Loan means the hypothetical loan, with a term from the date of determination until the scheduled Term Loan Maturity Date, in the principal amount calculated with reference to an adjusted proforma forecast, based on the same methodology as the Closing Pro Forma, that reflects the event or events that resulted in Borrower not complying with the requirements of Section 5.1(p) of the Loan Agreement. The principal amount of the Adjusted Loan will be the principal amount that would be amortized in full by an amortization schedule, based on the adjusted proforma forecast, that would result in Borrower maintaining the Minimum Coverage Ratio required by Section 5.1(p) of the Loan Agreement.
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Examples of Adjusted Loan in a sentence

  • As of any date, the aggregate principal balance of the Class 1-L Interest and the Class 1-LS Interest shall equal the aggregate Stated Principal Balance of Loan Group 1 minus the Class Certificate Balance of the Class 1-A-LR Certificate (the "Adjusted Loan Group Balance").

  • The Adjusted Loan Basis for each Property shall be increased dollar for dollar for Working Capital Advances and other Advances which relate directly to such Property.

  • Amounts not distributed to the Issuer because of this limitation will be retained in the Payment Account until the excess of the Adjusted Loan Group Balance of that Loan Group over the Note Principal Balance of the related Class of Notes exceeds the related Minimum Transferor Interest, at which time the excess shall be released to the Issuer.

  • For the purposes of this Clause (c) the Adjusted Loan Balance shall mean: "the balance of the adjusted loan less the value of the land related to the apartment, plus up to 20% of said balance.

  • Collections allocable to the Transferor Certificates pursuant to this Section 8.03(e) will be distributed to the Issuer only to the extent that the distribution will not reduce the excess of the Adjusted Loan Group Balance of a Loan Group over the Note Principal Balance of the related Class of Notes as of the related Payment Date below the related Minimum Transferor Interest.

  • As of any date, (i) the aggregate principal balance of the Class 1-L Interest and the Class 1-LS Interest shall equal the Adjusted Pool Amount (Non-PO Portion) for Loan Group 1 minus the principal balance of the Class 1-A-LR Certificate (the "Adjusted Loan Group Balance").

  • Notwithstanding the foregoing, Borrowers shall be deemed to have satisfied the requirements of this clause (v) even if the percentage of Gross Rents derived from the remaining Properties exceeds the applicable thresholds so long as, after giving effect to the Property Release, the Adjusted Loan Constant (as defined in and calculated in accordance with Exhibit K) is greater than or equal to the Minimum Applicable Loan Constant.

  • As of any date, (i) the aggregate principal balance of the Class 1-L Interest and the Class 1-LS Interest shall equal the aggregate Stated Principal Balance of Loan Group 1 minus the Class Certificate Balance of the Class 1-A-LR Certificate (the "Adjusted Loan Group Balance").

  • Except as set forth herein as to principal and interest allocations on an Adjusted Loan, (i) the first $312,500 of Variable Payments made with respect to the period from May 11, 2006 to December 31, 2006 shall be deemed to be principal and (ii) the first $500,000 of Variable Payments due with respect to any calendar year thereafter shall be deemed to be payments of principal.

  • The Adjusted Loan Basis for each Project shall be decreased dollar for dollar for prepayments of Loan principal which relate directly to such Project (e.g., casualty or condemnation proceeds or payments made in connection with the release of a Project in accordance with Section 14.3).

Related to Adjusted Loan

  • Precomputed Loan means any Loan under which the portion of a payment allocable to earned interest (which may be referred to in the related Loan as an add-on finance charge) and the portion allocable to principal are determined according to the sum of periodic balances, the sum of monthly payments or any equivalent method or are monthly actuarial loans.

  • Base Rate Committed Loan means a Committed Loan that is a Base Rate Loan.

  • Eurodollar Rate Committed Loan means a Committed Loan that bears interest at a rate based on the Eurodollar Rate.

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.

  • Affected Loan has the meaning specified in Section 3.04.