Examples of Committed Loan Amount in a sentence
Quezon, overwhelmed by the slums surrounding the capital city of Manila, asked Becket to develop a solution.
Any interest, fees and other payments accrued on and after the Effective Date with respect to the Assigned Committed Loan Amount shall be for the account of Assignee.
Upon receipt of the notification required pursuant to subparagraph (a) above, CoBank shall have the right to reduce the System Committed Loan Amount and the Bank System Loan Percentage pursuant to Section 2.3 of this Agreement.
Subject to and upon the terms and conditions of this Agreement, Bank agrees at any time from the date hereof through the Commitment Termination Date to make Advances to Borrower in an aggregate principal amount of up to the Committed Loan Amount.
Borrower shall have provided CoBank with evidence satisfactory to CoBank that (a) the CCI Advance Portion of any Advance Request has been funded on or before the Advance Date and, (b) with respect to an Acquisition Loan, Guarantor or a Subordinated Lending Party has funded, on or before the Advance Date, any difference between the Contiguous System Committed Loan Amount and the Acquisition Cost.
Subject to and upon the terms and conditions of this Agreement, Bank agrees, at any time from the date of this Agreement through the Term Availability Date, to make Advances to Borrower in an aggregate principal amount not to exceed the Committed Loan Amount; provided, however, the initial Advance in the amount of approximately Six Million Dollars ($6,000,000) shall be used by Borrower to pay in full an obligation owed to one of Borrower's European distributors (the "Existing Obligation").
Subject to and upon the terms and conditions of this Agreement, Borrower may request and Lender agrees to make, upon the terms and conditions provided herein, one or more Advances from Lender from time to time through the Maturity Date in an aggregate amount up to the Committed Loan Amount.
The Borrower agrees to pay an origination fee in connection with each Loan for the construction of a House, such origination fee to be calculated as a percentage of the Committed Loan Amount.
The term "Committed Loan Amount" shall mean with respect to a particular Loan the amount requested by Borrower and approved by Lender pursuant to the provisions of this Agreement and the other Loan Documents.
In responding to this question, commenters are encouraged to be as specific as possible in describing the transactions or positions used to support their analysis.Question 38.