Minimum Loan Amount definition

Minimum Loan Amount means One Hundred Forty-Eight Thousand dollars & 00/100 ($148,000.00)

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Minimum Loan Amount means $5,000 “Maximum Loan Amount” means $175,000 “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

The Borrower may submit a Minimum Loan Amount election with the Accounts Detail File via electronic mail on any Download Date or by electronic mail or through Lender’s platform prior to 12:00 P.M. on the applicable Settlement Date.
Upon the election of any Minimum Loan Amount, such Minimum Loan Amount shall remain in effect until the next Settlement Date.
In addition, so long as no Default or Event of Default shall have occurred, on each Settlement Date, Lender shall disburse to Borrower the amount, if any, by which the collected balance in the Collection Account exceeds the greater of (x) the aggregate outstanding principal amount of the Advances and all interest and other amounts that will be payable on or before the next Settlement Date and (y) the Minimum Loan Amount.

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. The meaning set forth in Section 3.5 hereof.

Minimum Loan Amount means the amount set forth in Section 4 of Schedule A.

Minimum Loan Amount means $250,000,000.

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, (iii) for the SCB Term Loan, $1,000,000 with minimum increments thereafter of $100,000 and (v) for other LIBOR Loans, $1,000,000, with minimum increments thereafter of $500,000.

Minimum Loan Amount means that amount specified by the Bank from time to time;

Minimum Loan Amount means $5,000