Single Borrower Limit definition

Single Borrower Limit means Commitments to any Borrower under an offered Loan, when combined with other Commitments to such Borrower and to affiliated Borrowers under other Participated Loans, do not exceed $7,500,000.
Sample 1
Single Borrower Limit means 5% of the outstanding aggregate Commitments.
Sample 1

Examples of Single Borrower Limit in a sentence

  • This Direction may be cited as the Finance Companies (Single Borrower Limit) Direction No. 4 of 2006 and shall apply to every finance company registered in terms of section 2 of the Finance Companies Act, No. 78 of 1988 and shall come into operation with immediate effect.

  • Detail of Single Borrower Limit (SGL) / Group Borrower Limit (GBL) exceeded by the NBFC.

  • Under the current guidelines, IBRD’s exposure to a single borrowing country is restricted to the lower of an Equitable Access Limit (EAL) and the Single Borrower Limit (SBL).

  • Time deposits in a licensed commercial bank, licensed specialised bank or a registered finance company,free from any lien or charge;1/ This Direction was issued by the Monetary Board of the Central Bank of Sri Lanka by revoking the Finance Companies (Single Borrower Limit) Direction No. 1 of 1992 which was made on 19 June 1992 and published in the Government Gazette (Extraordinary) No. 720/11 dated 24 June 1992.

  • During the year ended 31st March, 2020 and year ended 31st March, 2019 the Bank has not exceeded the prudential exposure limits as laid down by RBI guidelines for the Single Borrower Limit (SBL) / Group Borrower Limit (GBL).

  • The IBRD financing envelope for the five year CPS-period is expected to be up to US$6.45 billion with US$3 billion combined in FY15 and 16 reflecting the additional exposure available following the increase in the IBRD Single Borrower Limit.

  • During the year ended 31st March, 2021 and year ended 31st March, 2020 the Bank has not exceeded the prudential exposure limits as laid down by RBI guidelines for the Single Borrower Limit (SBL) / Group Borrower Limit (GBL).

  • The investments of Funds are also subject to the BSP-prescribed Single Borrower Limit and internal limit of the Bank.

  • Details of Single Borrower Limit (SBL), Group Borrower Limit (GBL) exceeded by the bank.

  • All corporate lendings are guided by the Single Borrower Limit imposed by Bangladesh Bank which is currently 35% of Bank‟s total capital.

Related to Single Borrower Limit

  • Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;

  • Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

  • Borrowing Limit has the meaning set forth in Section 1.1(a)(i).

  • Borrowing Availability means, as of any date of determination, the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the aggregate Revolving Loan and Swing Line Loan then outstanding.

  • Aggregate Borrowing Base means the aggregate amount of the U.S. Borrowing Base and the Canadian Borrowing Base; provided that the maximum amount of the Canadian Borrowing Base which may be included in the Aggregate Borrowing Base is the Canadian Sublimit.

  • Borrower Group means the Borrower and each of its Subsidiaries.

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Total Borrowings means, in respect of the Company on a consolidated basis, as of a given date the aggregate of the following, without duplication:

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Refunded Swingline Loans as defined in Section 2.7(b).

  • Co-Borrowers has the meaning specified in the introductory paragraph to this Agreement.

  • Borrower Delayed Reimbursements Any Additional Trust Fund Expenses and reimbursements of Advances that the related Mortgagor is required, pursuant to a written modification agreement, to pay in the future to the Trust in its capacity as owner of the related Mortgage Loan.

  • Revolving Credit Availability means, at any particular time, the amount by which (x) the Aggregate Revolving Loan Commitment at such time exceeds (y) the Dollar Amount of the Revolving Credit Obligations outstanding at such time.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • Revolving Loan Limit means, at any time, the lesser of (a) the Revolving Loan Commitment and (b) the Borrowing Base.

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • U.S. Borrowers shall have the meaning provided in the first paragraph of this Agreement.

  • Revolving Facility Usage means at any time the sum of the outstanding Revolving Credit Loans, the outstanding Swing Loans, and the Letter of Credit Obligations.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Canadian Borrowing Base means, at any time, an amount in Dollars equal to:

  • Borrower as defined in the preamble hereto.

  • Revolving Credit Borrowing means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b).