Examples of Daily Loan Balance in a sentence
Such Lender's share of the Unused Line Fee described in subsection 2.3(A) shall be an amount equal to (a)(i) such Lender's average Revolving Loan Commitment during such month, less (ii) the sum of (x) such Lender's average Daily Loan Balance of the Revolving Loans, plus (y) such Lender's Pro Rata Share of the average daily aggregate amount of Letter of Credit Reserve, in each case for the preceding month, multiplied by (b) the percentage required by subsection 2.3(A).
As at March 31 2016, the cash and cash equivalent of the Group was approximately USD 116.2 million, probably suggesting that the Group might not able to fully utilize the Daily Loan Balance during the term of the Loan Framework Agreement.
Note: See instructions for column 5 referencing to Worksheet A-7.STATEMENT OF COSTS OF SERVICES FROM RELATED ORGANIZATIONS AND HOME OFFICE COSTSProvider CCN: 14-0135Period:From 10/01/2019 To 09/30/2020Worksheet A-8-1Date/Time Prepared: 3/17/2021 12:45 pmLine No.Cost CenterExpense ItemsAmount of Allowable CostAmount Included in Wks.
Line of Credit — (continued)During the six months ended June 30, 2002, the Portfolio had borrowings under the New Credit Facility as follows: Average Daily Loan Balance Weighted Average Interest Rate % Maximum Daily Loan Outstanding$740,833 2.302% $1,177,000 Note 4.
For purposes hereof, the term "Daily Loan Balance" shall mean as of any day for any Lender, an amount calculated as of the end of that day by subtracting (a) the cumulative principal amount paid by the Administrative Agent to such Lender on account of Revolving Credit Loans from the Closing through and including the date as of which the Daily Loan Balance is being determined from (b) the cumulative principal amount advanced by such Lender to the Administrative Agent for the benefit of FTI Consulting, Inc.