Approved Loan Amount definition

Approved Loan Amount means the approved amount of each Installment Loan that I avail within the Available Credit Limit of my Ready Credit Account.
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Approved Loan Amount means the total amount that you may borrow from us. It is shown in your Disclosure Letter.
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Approved Loan Amount means the approved amount of each loan that I avail within the Credit Limit of my Citi Personal Loan account.
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Examples of Approved Loan Amount in a sentence

  • CIMB may, on its approval of each application, open an account in your name and debit the Total Approved Loan Amount from this account (“Account”).

  • Your credit limit will be provisionally reduced by blocking out an amount equivalent to the Total Approved Loan Amount upon approval of your application, but will be progressively restored (at CIMB’s sole and absolute discretion) by the amount of principal repaid to CIMB on the Facility.

  • The Bank will credit the Approved Loan Amount into a Singapore dollar denominated bank account held by the Principal Cardmember as specified in the application form.

  • If the monthly loan amortization can be accommodated in the APDS:Please be informed that as validated in our records, the loan application you evaluated can be accommodated in the APDS: Borrower’s Name Employee No. Station Code Principal Amount of Approved Loan Amount of Monthly Amortization Any misrepresentation in the Borrower’s application verified by the Lender shall not be the liability of the Verifier.

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  • The amount payable for each Monthly Instalment Amount shall be determined based on the Approved Loan Amount and the number of monthly instalments indicated on the application form.

  • The “Outstanding Loan Amount” is the Approved Loan Amount less the Monthly Instalment Amounts paid.

  • The Preferential Rates is only applicable to the Total Approved Loan Amount during the Facility Tenure specified in the application.

  • If the Total Approved Loan Amount is not fully paid at the end of the Facility Tenure, the prevailing cash advance interest rate will be continuing to accrue on daily basis on all the outstanding balances until the full payment of such outstanding balance is received.

  • Any amount in excess of the Approved Loan Amount shall not be guaranteed by Authority.


More Definitions of Approved Loan Amount

Approved Loan Amount means the total amount that you may draw down from your Loan Account and is shown in your Disclosure Letter.
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Approved Loan Amount means the loan amount requested by the Applicant in the Application Form and as confirmed by the Bank in its Approval Letter, PROVIDED HOWEVER that where the requested loan amount exceeds the approved loan amount, the loan amount shall be the approved loan amount.
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Approved Loan Amount means three billion five hundred million Rubles (RUB 3,500,000,000);
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Approved Loan Amount means the maximum amount the Lender is willing to fund the Loan.
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Approved Loan Amount means the total loan amount that you may draw down from your Loan Account and is shown on your initial disclosure statement.
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Related to Approved Loan Amount

  • 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).]

  • 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).

  • 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 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 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.

  • 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.

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

  • Borrowing Base Amount means, as of any date, an amount equal to the sum of:

  • 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.

  • 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.

  • Maximum Term Loan Amount means Two Hundred Million and No/100 Dollars ($200,000,000).

  • Collateral Loan means a loan, debt obligation, debt security or participation therein acquired by the Borrower.

  • 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.

  • Total Loan Commitment means as to any Lender the aggregate commitments of such Lender with respect to its Revolving Loan Commitment and Term Loan Commitment.

  • Available Facility Amount is defined in Section 2.2(a).

  • 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).

  • 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.

  • Collateral Value The appraised value of a Mortgaged Property based upon the lesser of (i) the appraisal (as reviewed and approved by the Seller) made at the time of the origination of the related Mortgage Loan, or (ii) the sales price of such Mortgaged Property at such time of origination. With respect to a Mortgage Loan the proceeds of which were used to refinance an existing mortgage loan, the appraised value of the Mortgaged Property based upon the appraisal (as reviewed and approved by the Seller) obtained at the time of refinancing.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • 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.

  • 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.

  • 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.

  • Inventory Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(ii) hereof.

  • Term Loan Commitment Amount means, with respect to each Lender, the sum of such Lender’s Term Loan Tranche 1 Commitment Amount and Term Loan Tranche 2 Commitment Amount.