Examples of Excess Loan Amount in a sentence
SBA Procedural Notice on PPP Excess Loan Amount Errors (January 15, 2021) 22.
The inadvertent overborrowing is considered to have been resolved as of the date the servicer received the borrower’s full payment of the excess loan amount.(2) Making Satisfactory Repayment Arrangements for the Excess Loan Amount (Reaffirmation)A student who has inadvertently overborrowed may regain Title IV eligibility by making satisfactory repayment arrangements acceptable to the servicer of the loan.
The net result of the impairments and collective provisioning that had resulted across the whole of the Corporate Loan Book of BankWest was to provide the second defendant a mechanism to reduce the Excess Loan Amount in circumstances where a commercial benefit accrued to the second defendant through the provisioning and impairment of performing customer loans, where carried on by BankWest, by deception.
The inadvertent overborrowing is considered to have been resolved as of the date the servicer received the borrower’s full payment of the excess loan amount.(2) Making Satisfactory Repayment Arrangements for the Excess Loan Amount (Reaffirmation)A student who has inadvertently overborrowing may regain Title IV eligibility by making satisfactory repayment arrangements acceptable to the servicer of the loan.
If the amount of a Loan (the “Relevant Loan”) advanced to the Borrower in connection with the corresponding Qoros Loan Agreement exceeds the amount advanced by the Borrower to Qoros under that Qoros Loan Agreement (the “Relevant Qoros Loan”) (the amount of such excess being the “Excess Loan Amount”), the Borrower shall, within 5 Business Days of the drawdown of the Relevant Qoros Loan, apply an amount equal to the Excess Loan Amount in prepayment of the Relevant Loan.
Within five (5) Business Days of Bank's receipt and approval of the Appraisal (and notice of the same to Parent), Borrowers shall pay to Bank on account of the Term Loan, an amount (the "Mandatory Prepayment Amount") equal to the Excess Loan Amount minus Two Million Dollars ($2,000,000).
Article 15The Requesting Party shall bear all expenses necessary for the implementation of the extradition request and also pay all expenses for the return of the extradited person to the Requested Party, in case the said expenses are excessive the parties shall consult with each other to settle the same.
In the event the ratio with respect to the Loan exceeds eighty percent (80%), Lender may determine the amount by which the outstanding principal balance of the Loan as of the determination date exceeds eighty percent (80%) of the aggregate outstanding principal balances of the Mortgage Loans securing the Loan as of the determination date (the "Excess Loan Amount") and Borrower shall prepay such amount in accordance with Section 2.04(b).
If the amount of a Loan (the “Relevant Loan”) advanced to the Borrower in connection with the Qoros Loan Agreement exceeds the amount advanced by the Borrower to Qoros under the Qoros Loan Agreement (the “Relevant Qoros Loan”) (the amount of such excess being the “Excess Loan Amount”), the Borrower shall, within 5 Business Days of the drawdown of the Relevant Qoros Loan, apply an amount equal to the Excess Loan Amount in prepayment of the Relevant Loan.
Safety Order1, Item 4 alleges a "Serious" violation of29 CFR 1910.147(d)(5)(i) and assesses a penalty of Seven Thousand Dollars ($7,000).