Loan Balance definition

Loan Balance means, at any time, the outstanding principal balance of the Note at such time.
Loan Balance. With respect to each Home Equity Loan and as of any date of determination, the actual outstanding principal balance thereof on the Cut-Off Date or relevant Replacement Cut-Off Date with respect to a Qualified Replacement Mortgage less any principal payments relating to such Home Equity Loan included in previous Monthly Remittance Amounts, provided, however, that the Loan Balance for any Home Equity Loan that has become a Liquidated Loan shall be zero as of the first day of the Remittance Period following the Remittance Period in which such Home Equity Loan becomes a Liquidated Loan, and at all times thereafter.

Examples of Loan Balance in a sentence

  • LTV Adjusted Loan Balance and Asset Percentage Adjusted Loan Balance are calculated per the Indexation Methodology based on the most recent property appraisal value.

  • Under no circumstances shall any Lender make any Loan or portion thereof to the extent that, after giving effect to the Borrowing of such Loan, the aggregate Initial Loan Balance of all Loans made by such Lender would exceed such Xxxxxx’s Commitment Amount or such Xxxxxx’s Committed Share Percentage with respect to the type of Loans being made.

  • November 30, 2017 ¥25,000 million1) The Company shall not record ordinary loss, as stated in consolidated statements of income for three consecutive years.2) The Company shall maintain the amount of net assets at ¥198.9 billion ormore as stated in its consolidated balance sheet at the end of each fiscal year.Repayment Deadline Loan Balance Financial Covenants (1) (2) 4.

  • Reconnection Amounts Should Include Only Those Loan Payments Missed Since Disconnection and Not the Entire Loan Balance The Ameren Illinois Utilities Witness Kenneth Woolcutt describes that “[i]n the event of non-payment, [by a customer] the utility may suspend utility service, underexisting established collection procedures.” Ameren exhibit 1.0 at 5; 220 ILCS 5/16- 111.7(c)(6) and ILCS 5/19-140(c)(6).

  • Water Loans:Tank Loan Balance$ 63,250Interest Saved$18,026.28Year 2019Fourth Filter Balance$135,076Interest Saved$80,190.48Year 2032TOTAL$198,076Total Saved$98,216.76After some discussion, the Board agreed to ask the Advisory Committee to set up a meeting with the Water Department, Treasurer, Accountant and Selectboard for further discussion.


More Definitions of Loan Balance

Loan Balance means, for any date of determination, the outstanding principal balance due under or in respect of a Timeshare Loan (including a Defaulted Timeshare Loan).
Loan Balance. As of any date, the aggregate Stated Principal Balance of all of the Mortgage Loans as of such date.
Loan Balance for any date means the aggregate of the Asset Balances of all Mortgage Loans as of the date.
Loan Balance means the outstanding principal balance due under or in respect of a Pledged Loan (including a Defaulted Loan (until it becomes a Released Pledged Loan)).
Loan Balance means the outstanding principal balance of loans secured by a mortgage or deed of trust with a first or second lien on eligible real property.
Loan Balance. With respect to each Home Equity Loan and as of any date of determination, the actual outstanding principal balance thereof on the Cut-Off Date with respect to the Initial Home Equity Loans or relevant Subsequent Cut-Off Date with respect to the Subsequent Home Equity Loans excluding payments of principal due on or prior to the Cut-Off Date or Subsequent Cut-Off Date, as the case may be, whether or not received, less any principal payments relating to such Home Equity Loan included in previous Monthly Remittance Amounts, provided, however, that the Loan Balance for any Home Equity Loan that has become a Liquidated Loan shall be zero as of the first day of the Remittance Period following the Remittance Period in which such Home Equity Loan becomes a Liquidated Loan, and at all times thereafter.
Loan Balance means, for any date of determination, with respect to a Timeshare Loan, the outstanding principal balance due under or in respect of such Timeshare Loan (including a Defaulted Timeshare Loan).