Examples of New Loan Amount in a sentence
If the New Loan Amount is less than the Maximum New Loan Amount, then each New Lender’s share of the New Loan will be in an amount equal to such New Lender’s pro rata share (based on the participation requested by each New Lender as a proportion of the Maximum New Loan Amount) of the New Loan Amount.
No later than 15 business days prior to the Implementation Date, the Borrower shall notify JPM and the Administrative Agent of the aggregate principal amount of the New Loan that will actually be borrowed (the "New Loan Amount") by the Borrower on the Implementation Date, which amount shall not be less than US$250,000,000 nor more than US$300,000,000 (the "Maximum New Loan Amount").
If the New Loan Amount will be less than the Maximum New Loan Amount, conforming changes will be made to the Definitive New Loan Documentation (defined below) in order to reflect the New Loan Amount as the stated amount of the New Loan.
FMNA 1st Lien $ 7,050,180 First Year Cash Flow Deferred Interest Deduction -38,278 FMNA Discount -295,624 Escrow -134,208 Cash -175,000 ----------- $ 6,407,118 New Loan Amount -5 250 000 ----------- Fund Required for Refinancing, 66.1% HIMF 33.9% HFGI $ 1,157,118 Lien Payment Upon sale at the end of the fifth year.
If the price of the underlying Security has decreased since the beginning of the Offer Period (or the last Reset Date, whichever is the later), the Loan Amount may be reduced from the Reset Date so as to maintain approximately the same degree of leverage (the New Loan Amount).
Example Of New Loan Amount More Than Old Loan The existing VA loan was originally made for $110,000 with a guaranty of $27,500, or 25 percent.
Example Of New Loan Amount Less Than Old Loan The existing VA loan was originally made for $42,000 with a guaranty of $25,000, or almost 60 percent (the percentage applicable under former law).
At each Reset Date interest is charged at the then determined rate on the New Loan Amount for the upcoming Reset Period.
Such fee shall be deemed to have been fully earned upon execution of this Agreement, regardless of whether all or part of the New Loan Amount is actually funded.
For a SECOND or more refinance of the borrower’s ORIGINAL Loan (RMCC previously Issued) skip to number 4 below.3.a) The New Loan Amount as of the date of issuance is $ b) As of the date of closing of the New Refinance Loan, the outstanding principal balance of the Old (Original Loan (loan paid off) was $ (This is the Certified Indebtedness Amount).