Loan Amount definition
Examples of Loan Amount in a sentence
Notwithstanding the foregoing, if Lender or any of its subsidiaries acquires the Bradenton Project, the Exit Fee shall be waived with regard to the Allocated Loan Amount for the Bradenton Project.
The Loan Amount shall not be considered reduced by any allocation, setting aside or distribution of any portion of Collections unless such Collections shall have been actually delivered to the Administrative Agent for the purpose of paying such principal.
For any period of time, the aggregate of debt service payments for such period on the Allocated Loan Amount for a Project based on a 300 month amortization schedule, determined by Lender in its sole and absolute discretion and binding absent manifest error.
The Borrower shall repay in full the Loan Amount on the Final Maturity Date.
The aggregate Loan Amount shall be paid from time to time as set forth in Sections 2.03 (Repayments and Prepayments) and 3.03 (Distributions from the Collection Account).