Minimum Loan Amount definition

Minimum Loan Amount means Forty-one thousand seven hundred dollars & 00/100 ($41,700.00)
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Minimum Loan Amount means $5,000 “Maximum Loan Amount” means $150,000 “Origination Fee” means 3% of the Principal Amount, excluding existing lenders as identified to Lender prior to the closing of the Loan.
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Minimum Loan Amount. The initial amount of a loan must be at least one thousand dollars ($1,000).
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Examples of Minimum Loan Amount in a sentence

  • Minimum Loan Amount: A Participant may not request a loan for less than $1,000.

  • However, Lender shall not be obligated to loan Borrower the Minimum Loan Amount other than in accordance with all of the terms and conditions of this Agreement.

  • Each loan must be for at least the Minimum Loan Amount shown in Section 1.

  • Subject to the terms and conditions of this Agreement, Borrower agrees to (i) borrow sufficient amounts to cause the outstanding principal balance of the Loans to equal or exceed, at all times prior to the Maturity Date, the Minimum Loan Amount set forth in Section 4 of Schedule A and (ii) maintain Availability sufficient to enable Borrower to do so.

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More Definitions of Minimum Loan Amount

Minimum Loan Amount means, with respect to any LIBOR Loan, a minimum amount of Five Hundred Thousand Dollars ($500,000.00), with additional amounts in increments of One Hundred Thousand Dollars ($100,000.00) and, with respect to any Base Rate Loan, a minimum amount of One Hundred Thousand Dollars ($100,000.00) with additional amounts in increments of One Hundred Thousand Dollars ($100,000.00).
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Minimum Loan Amount means the amount set forth in Section 4 of Schedule A.
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Minimum Loan Amount. The meaning set forth in Section 3.5 hereof.
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Minimum Loan Amount. For all loans, the required minimum individual account value is $2,000. The minimum loan amount is $1,000.
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Minimum Loan Amount. $5,000,000 in the aggregate for Borrower and the Other Borrower
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Minimum Loan Amount means $5,000
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Minimum Loan Amount means that amount specified by the Bank from time to time;
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