Minimum Loan Amount definition

Minimum Loan Amount means Two hundred forty-three thousand seven hundred dollars & 00/100 ($243,700.00)
Minimum Loan Amount means $5,000 “Maximum Loan Amount” means $10,000 “Origination Fee” means 3% of the Principal Amount, excluding existing lenders as identified to Lender prior to the closing of the Loan.
Minimum Loan Amount. The initial amount of a loan must be at least one thousand dollars ($1,000).

Examples of Minimum Loan Amount in a sentence

  • 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.

  • 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.

  • 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 Borrower and loans by Lender to each other Company 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.

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

  • Policy Loan Interest Rate 6.00% Preferred Loan Interest Rate 4.00% Guaranteed Interest Rate Credited to Loan Division 4.00% Minimum Loan Amount $100 Maximum Loan Amount See Loan Provisions section Minimum Partial Withdrawal Amount $100 Maximum Partial Withdrawal Amount Amount which will leave $500 as the net cash surrender value Partial Withdrawal Service Fee Lesser of $25 or 2% of the withdrawal amount for each withdrawal in a policy year Limit on Partial Withdrawals Twelve (12) in a policy year.


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).
Minimum Loan Amount means the amount set forth in Section 4 of Schedule A.
Minimum Loan Amount means $250,000,000.
Minimum Loan Amount. The meaning set forth in Section 3.5 hereof.
Minimum Loan Amount means (i) for any Daily LIBOR Loan, any whole dollar increment, (ii) for Equipment Line Loans, $100,000, with minimum increments thereafter of $100,000, (iii) for the Celmet Term Loan, $100,000 with minimum increments thereafter of $100,000, and (iii) for other LIBOR Loans, $1,000,000, with minimum increments thereafter of $500,000.
Minimum Loan Amount shall have the meaning set forth in the definition of Release Amount herein.
Minimum Loan Amount means that amount specified by the Bank from time to time;