Current Loan Amount definition

Current Loan Amount shall have the meaning set forth Section 2.1.
Current Loan Amount means the amount owed by a Participant for such Participant's Existing Program Loans and Interest Loans as of September 30, 2000.

Examples of Current Loan Amount in a sentence

  • Documentation must be actual, not estimated, and include the following elements for each loan:• Borrower Name, Loan ID #, Account # (may be different from Loan ID #)• Lending Institution Name, Address, PhoneThe contributions that you make to your practice and patient care, inclu• Current Loan Amount Still Unpaid (principle amount + interest and fees) RECRUITMENT applicants will be required to provide documentation at a later date (i.e., once the recruit has been identified).

  • Macquarie may also nominate an early Maturity Date where it becomes impossible for Macquarie to hedge its exposure or where the Current Loan Amount is equal to zero.

  • Leverage is determined by comparing the Current Loan Amount to the Underlying Share price.

  • Although it is not clear, it is likely that the ATO would treat your cost base and reduced cost base in the Holder's Put Option as being equal to the total acquisition costs less the greater of the market value of the Underlying Share and the Current Loan Amount at the time of transfer.

  • In this example the owner has paid back £6,000 of their loan and now wishes to borrow £4,000 to do up their kitchen Current Loan Amount: £ 64,000 Proposed Loan Amount: £ 68,000 As the owner is not increasing their mortgage with their current lender above their original loan amount no consent or new documentation are required as there is no increase in the amount by which the lender will rank ahead of Scottish Ministers (i.e. up to £70,000).

  • If this occurs, the amount of interest that is refundable will be calculated on a pro rata basis based on the prevailing BBSY Rate less an amount representing the cost to Macquarie of breaking its funding in respect of the relevant Macquarie Income Instalments (or redeploying amounts received early).Part of the Interest Amount is refundable if the Current Loan Amount is reduced by a Special Dividend.

  • The capital proceeds received in respect of the disposal of the Beneficial Interest in the Underlying Share will equal the actual sale price of the Macquarie Income Instalment plus the amount of the Transferee's Current Loan Amount (less the amount of Interest prepaid by the Transferee) plus the amount of any Break Costs receivable as discussed in paragraph 4.6.2 below, less the capital proceeds received in respect of the disposal of the Holder's Put Option.

  • Current Loan Amount means the initial amount of the Loan for an Instalment in a Series of Macquarie Income Instalments as adjusted in accordance with the Loan Agreement and the Terms from time to time.

  • The amount of interest initially charged on the Loan is calculated for each Instalment based on the Current Loan Amount, the Initial Interest Rate and the number of days from the Effective Date to the earlier of the next Interest Drawdown Date and the Maturity Date (refer example below).

  • Rollover Application means an Application under which the Applicant holds Prior Series Instalments over Shares of the relevant Listed Entity for the Series of Macquarie Income Instalments which is the subject of the Application and directs payment of the Final Instalment on those Prior Series Instalments from the Current Loan Amount and Rollover Applicant has a corresponding meaning.

Related to Current Loan Amount

  • 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.

  • 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).]

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Current Loan-to-Value Ratio The Principal Balance of a Mortgage Loan as of the applicable date of substitution divided by the Appraised Value.

  • 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.

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

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

  • 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.

  • 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.

  • 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).

  • 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.

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

  • 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.

  • New Term Loan Repayment Amount shall have the meaning provided in Section 2.5(c).

  • 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.

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

  • Commitment Amount means the aggregate amount of up to Ten Million Dollars ($10,000,000) which the Investor has agreed to provide to the Company in order to purchase the Company's Common Stock pursuant to the terms and conditions of this Agreement.

  • Aggregate Loan Balance At any date of determination, the outstanding principal balance of the Mortgage Loans serviced hereunder.

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Initial Term Loan Repayment Amount shall have the meaning provided in Section 2.5(b).

  • Loan Balance means, at any time, the outstanding principal balance of the Note at such time.

  • Note Amount means, with respect to any Payment Date, the aggregate outstanding principal amount of the Notes after giving effect to payments of principal made on the Notes on such Payment Date.

  • 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.

  • 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.