Balance of the loan definition

Balance of the loan means the amount of the loan lent by the Bank and outstanding from time to time, and shall include, interest accrued to the Bank hereunder, fees, costs, charges or expenses when debited to the loan account pursuant to Clauses 2, 3, 6, 8 and 10 hereof and any amount debited to the loan account pursuant to Clause 15 (a) hereof.

Examples of Balance of the loan in a sentence

  • The amount will be assessed as a percentage of the Principal Balance of the loan on an annual basis, the same as the annual interest and hardship grant assessment are assessed.

  • Loan partly approved shs Balance of the loan to be approved, as at the time sufficient funds are available.

  • The Balance of the loan as of 31 December 2018 amounted to USD 2.4 million (USD 2.4 million as of 31 December 2017.

  • Balance of the loan at the date of the requirements of the applicable Note.

  • The Balance of the loan amounted to USD 5.1 million as of 31 December 2018 (USD 5.6 million as of 31 December 2017).

  • The Balance of the loan as of 31 December 2018 amounted to USD 3.1 million (USD 3.7 Million as of 31 December 2017).

  • The Balance of the loan as of 31 December 2018 amounted to USD 5.1 million (USD 5.1 million as of 31 December 2017).

  • UPB at Issuance (UPB of the loan at pool issuance): The Unpaid Principle Balance of the loan at pool issuance.

  • Balance of the loan against which profit to be paid based on LIBOR as at 30 June 2019 are SAR 108 million (31 December 2018: SAR 127 million).

  • The explanatory variables, collected in the matrix X, are the Primary Income of the borrower, the Loan Term, the Original Balance of the loan and the Loan to Value ratio.

Related to Balance of the loan

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • Loan Advance Complete Outgoing Wire Request section below if all or a portion of the funds from this loan advance are for an outgoing wire. From Account # To Account # (Loan Account #) Amount of Advance $ All Borrower’s representations and warranties in the Second Amended and Restated Loan and Security Agreement are true, correct and complete in all material respects on the date of the request for an advance; provided, however, that such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof; and provided, further that those representations and warranties expressly referring to a specific date shall be true, accurate and complete in all material respects as of such date: Authorized Signature: Phone Number: Print Name/Title: OUTGOING WIRE REQUEST: Complete only if all or a portion of funds from the loan advance above is to be wired. Deadline for same day processing is noon, Pacific Time Beneficiary Name: Amount of Wire: $ Beneficiary Bank: Account Number: City and State: Beneficiary Bank Transit (ABA) # Beneficiary Bank Code (Swift, Sort, Chip, etc.): (For International Wire Only) Intermediary Bank Transit (ABA) #: For Further Credit to: Special Instruction: By signing below, I (we) acknowledge and agree that my (our) funds transfer request shall be processed in accordance with and subject to the terms and conditions set forth in the agreements(s) covering funds transfer service(s), which agreements(s) were previously received and executed by me (us). Authorized Signature: 2nd Signature (if required): Print Name/Title: Telephone #: EXHIBIT E BORROWING RESOLUTIONS [see attached] CORPORATE BORROWING CERTIFICATE BORROWER: Medallia, Inc. DATE: _______________, ____ BANK: Silicon Valley Bank I hereby certify as follows, as of the date set forth above:

  • A Loan means any of the following, except as provided in paragraph “b”:(1) The creation of debt by the lender’s payment of or agreement to pay money to the debtor or to a third person for the account of the debtor.(2) The creation of debt by a credit to an account with the lender upon which the debtor is entitled to draw immediately.(3) The creation of debt pursuant to a lender credit card in any manner, including a cash advance or the card issuer’s honoring a draft or similar order for the payment of money drawn or accepted by the debtor, paying or agreeing to pay the debtor’s obligation, or purchasing or otherwise acquiring the debtor’s obligation from the obligee or the obligee’s assignees.(4) The creation of debt by a cash advance to a debtor pursuant to a seller credit card.(5) The forbearance of debt arising from a loan.b. “Loan” does not include:(1) A card issuer’s payment or agreement to pay money to a third person for the account of a debtor if the debt of the debtor arises from a sale or lease and results from use of a seller credit card.(2) The forbearance of debt arising from a sale or lease.

  • Loan means an extension of credit by a Lender to the Borrower under Article II in the form of a Committed Loan or a Swing Line Loan.

  • Construction Loan means the loan obtained from SouthTrust Bank, National Association in the principal amount of $1,311,517 at an interest rate equal to the SouthTrust Base Rate plus 2.00% per annum until construction completion to provide funds for the acquisition, renovation and/or construction and development of the Project. Where the context admits, the term "Construction Loan" shall include any deed, deed of trust, note, security agreement, assumption agreement or other instrument executed by, or on behalf of, the Partnership or General Partner in connection with the Construction Loan.

  • Term Loan means an advance made by any Term Lender under the Term Facility.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • PPP Loan has the meaning set forth in Section 3.28.

  • Eurodollar Term Loan means any Term Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • Commercial loan means a loan that is not made primarily for

  • CBR Loan means a Loan that bears interest at a rate determined by reference to the Central Bank Rate.

  • U.S. Revolving Loan means a Loan made pursuant to Section 2.01(a).

  • B Loan With respect to any Loan Combination, any related subordinated note not included in the Trust, which is subordinated in right of payment to the related A Loan to the extent set forth in the related Intercreditor Agreement. There are no B Loans related to the Trust.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Default Loan A loan to the Company of an amount equal to the Additional Contribution not made by a Defaulting Member.

  • Existing Loan means the loan identified on Exhibit H.

  • Revolving Advance has the meaning given in Section 2.1.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • CD Loan means a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Loan Proceeds means all amounts advanced as part of the Loan, whether advanced directly to Borrower or otherwise.

  • Term Loan Advance means any Term Loan funds advanced under this Agreement.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.

  • RFR Loan means a Loan that bears interest at a rate based on Daily Simple RFR.