Loan Principal Amount definition

Loan Principal Amount means the amount of monies borrowed by Borrower from Lender under Section 2.1 hereof.
Loan Principal Amount means, as of any date, (i) with respect to Loans made under the AESOP I Operating Lease Loan Agreement, the aggregate principal amount outstanding of such Loans, (ii) with respect to Loans made under the AESOP I Finance Lease Loan Agreement, the aggregate principal amount outstanding of such Loans and (iii) with respect to Loans made under the AESOP II Loan Agreement, the aggregate principal amount outstanding of such Loans.
Loan Principal Amount is defined in Section 1.2 of the Loan Agreement.

Examples of Loan Principal Amount in a sentence

  • The Borrower has the obligation to repay the Loan Principal Amount plus any other Obligations due to the Lender, including but not limited to interest due on the Loan Principal Amount on the Maturity Date.

  • During the term of the Loan the minimum value of the Pledged Collateral must always be at least eighty percent (80%) of the Loan Principal Amount so as to provide the Lender adequate security for the Loan.

  • Failure by the Borrower to repay the Loan Principal Amount when due on or before the Maturity Date or within ten (10) calendar days thereafter shall be an Event of Default.

  • This Term Loan shall mature, and the Loan Principal Amount together with all accrued interest thereon shall be due and payable two (2) years subsequent to the occurrence of the Closing Date (the “Maturity Date” or “Maturity”).

  • If the FMV of the Pledged Collateral has fallen to less than 80% of the Loan Principal Amount, a “Valuation Event” as defined herein occurs and the opportunity to cure this breach of the Loan Covenant arises pursuant toSection 8.1(g).


More Definitions of Loan Principal Amount

Loan Principal Amount means, at any time, the aggregate outstanding principal amount of all Advances.
Loan Principal Amount means the total gross amount lent to Borrower by Lender hereunder and subject to the stated conditions.
Loan Principal Amount means, with respect to any Loan, the outstanding principal amount advanced by the Lenders to the Borrower on the related Disbursement Date for such Loan pursuant to Section 2.2 (Borrowings of Loans) hereof.
Loan Principal Amount has the meaning set forth in recital paragraph A.
Loan Principal Amount means on any date and with respect to any Lender (i) the Aggregate Loan Principal Amount times (ii) such Lender’s Lender Percentage.
Loan Principal Amount means the then-current outstanding balance of the Loan Amount of the Lender and the total amount of interest (including overdue interest) accrued thereon.
Loan Principal Amount. [ ]Dollars ($.00) (the "Loan", or the "Loan Limit"). The Loan is one of the following types of loans marked by an "X" below: [ ]Term Loan. A term loan (fixed amount with specified repayment schedule (the "Term Loan")); or a [ ]Line of Credit. A line of credit (open line of credit allowing for cycles of advances and repayment (the "Line of Credit")). The original Loan Documents shall be retained by the Lender,