Total Loan Balance definition

Total Loan Balance. The aggregate of the Scheduled Principal Balances of all Mortgage Loans at the date of determination.
Total Loan Balance. As of any Payment Date, the aggregate outstanding Loan Balance of the Home Equity Loans in Loan Group I and Loan Group II as of the last day of the related Remittance Period.
Total Loan Balance means, on any date of determination, an amount equal to the aggregate outstanding principal balance of all Loans.

Examples of Total Loan Balance in a sentence

  • Table of Surrender Charges Total Loan Balance - Outstanding policy indebtedness plus unpaid Loan interest.

  • The Certificates are subject to optional prepayment in full in accordance with the Pooling and Servicing Agreement on any Distribution Date on which the Total Loan Balance is less than [10]% of the Cut-off Date Loan Balance thereof for an amount as specified in the Pooling and Servicing Agreement.

  • The amount completed in the Total Loan Balance already includes the fixed interest payment amount.

  • The Majority Residual Interestholders may, at their option, effect an early redemption of the Notes on any Distribution Date on or after the Distribution Date on which the Total Loan Balance declines to 10% or less of the Cut-off Date Pool Balance.

  • The Majority Residual Interestholders may, at their option, effect an early redemption of the Notes on any Payment Date on or after the Payment Date on which the Total Loan Balance declines to 10% or less of the Cut-off Date Pool Balance.

  • On any date on which the Total Loan Balance (other than Permitted Overadvances) exceeds the Maximum Loan Cap, Borrowers shall immediately pay to Agent an amount equal to such excess, together with the other Obligations then due and payable directly related thereto (including the Obligations set forth in Section 11.3), such amount to be applied first to Revolving Loans until paid in full and then to cash collateralize L/C Reimbursement Obligations.

  • If at any time the then outstanding Total Loan Balance (excluding Permitted Overadvances) exceeds the Maximum Loan Cap, then the Borrowers shall immediately prepay outstanding Revolving Loans in an amount sufficient to eliminate such excess.

  • Life Insurance ProposalNationwide No-Lapse Guarantee UL IINationwide Life and Annuity Insurance Company, Columbus, Ohio Narrative Summary Total Loan Balance - Outstanding policy indebtedness plus any unpaid Loan interest.

  • SECURITYTotal Savings: ZMW Savings to Total Loan Balance (%)Comments: Name Signature DateJ.

  • FEDERAL LOAN BALANCES, BY LOAN STATUS AND GENDERPercentage of Total Loan Balance for Each Gender Per Year[Loan Balances without Recorded Status are not included}50%45%40%35%30%25%20%15%10%5%0%Current Default Defer-mentDelin- Forbear-quent anceCurrent Default Defer-mentDelin- Forbear-quent ance20132014Female MaleCHART 14 The significant jump in deferments for women in 2014 is noteworthy.


More Definitions of Total Loan Balance

Total Loan Balance means, as to a Mortgage Loan, an amount equal to the full amount of such Mortgage Loan including all principal, interest, prepayment premium, repayment premium, yield maintenance payments (if any), minimum internal-rate-of-return payments (if any), breakage, and other charges payable by the Mortgagor pursuant to the applicable documentation.
Total Loan Balance refers to the total amount of principal portions included in Individual Loan Amounts Payable to All Lenders;
Total Loan Balance means the aggregate of the Loan and the value (as determined by the Bank) of any Transactions which have been commenced but have not yet settled;
Total Loan Balance means, as of any date of determination, the aggregate principal amount of all Revolving Loans, Swing Loans and L/C Reimbursement Obligations (including for undrawn Letters of Credit) outstanding on such date. “Trade Date” as defined in Section 10.9(g)(i). “Trade Secrets” means all right, title and interest (and all related IP Ancillary Rights) arising under any Requirement of Law in or relating to trade secrets. “Trademark” means all rights, title and interests (and all related IP Ancillary Rights) arising under any Requirement of Law in or relating to trademarks, trade names, corporate names, company names, business names, fictitious business names, trade styles, service marks, logos and other source or business identifiers and, in each case, all goodwill associated therewith, all registrations and recordations thereof and all applications in connection therewith. “TTM EBITDA” means Consolidated EBITDA, as of the last day of the most recently ended four Fiscal Quarter period for which financial statements have been delivered (or are required to have been delivered) pursuant to Section 5.1 either (i) in the case of any incurrence threshold, measured at the time of such incurrence or (ii) otherwise, as measured from time to time. “UCC” means the Uniform Commercial Code of any applicable jurisdiction and, if the applicable jurisdiction shall not have any Uniform Commercial Code, the Uniform Commercial Code as in effect from time to time in the State of New York. “UK Financial Institution” means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, that includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. “UK Resolution Authority” means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.

Related to Total Loan Balance

  • Loan Balance means, at any time, the outstanding principal balance of the Note at such time.

  • Total loan amount means the principal of a loan minus those points and fees that are included in the principal amount of the loan. For open-end loans, the total loan amount must be calculated using the total line of credit allowed under the residential mortgage loan at closing. [PL 2011, c. 427, Pt. A, §15 (NEW).]

  • Outstanding Loan Balance means the principal amount of your full-time Direct Loans outstanding at any time, including any Canada Student Grant amount(s) converted to a Direct Loan, together with all interest on those amounts.

  • Aggregate Loan Balance At any date of determination, the outstanding principal balance of the Mortgage Loans serviced hereunder.

  • Net Purchased Loan Balance means, as of any date of determination, an amount equal to the sum of (i) the Aggregate Principal Balance of all Collateral Obligations sold and/or contributed to the Buyer by the Seller (directly or indirectly) hereunder prior to such date plus (ii) the Aggregate Principal Balance of all Collateral Obligations acquired by the Buyer other than from the Seller prior to such date, in each case calculated as of the date of the Buyer’s acquisition thereof.

  • Aggregate Outstanding Loan Balance means on any day, the sum of the Outstanding Loan Balances of all Eligible Loans included as part of the Collateral on such date.

  • Cut-off Date Loan Balance means the Loan Balance calculated as of the Cut-off Date.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time.

  • Advance Amount means with respect to Class A Advances, the Class A Advance Amount and, with respect to Class B Advances, the Class B Advance Amount.

  • Aggregate Loan Group Balance As to any Loan Group and as of any date of determination, will be equal to the aggregate of the Stated Principal Balances of the Mortgage Loans in that Loan Group, except as otherwise provided, as of the last day of the related Collection Period.

  • Loan Value means for any Loan that is not Defaulted Receivable on any day (including the Cut-off Date) (A) with respect to Precomputed Loans, (i) the present value of the future Scheduled Payments discounted monthly at the applicable Implicit Rate of Return, plus (ii) any past due Scheduled Payments reflected on the Servicer’s records, plus (iii) the unamortized amounts of any purchase premiums, minus (iv) the unamortized amounts of any purchase discounts and (B) with respect to Simple Interest Loans, (i) the balance reflected on the Servicer’s records plus (ii) the unamortized amounts of any purchase premiums minus (iii) the unamortized amounts of any purchase discounts. Defaulted Receivables that are Loans shall be deemed to have a Loan Value equal to the outstanding Loan Value at the time it became a Defaulted Receivable less the amount written-off as uncollectible in accordance with the Credit and Collection Policy.

  • Loan Amount has the meaning specified in Section 7.06(b) of the Indenture.

  • Loan Group Balance As to each Loan Group, the aggregate of the Stated Principal Balances of the Mortgage Loans in such Loan Group that were Outstanding Mortgage Loans at the time of determination.

  • Mortgage Loan Principal Balance means, at any date of determination, the aggregate principal balance of the Notes evidencing the Mortgage Loan.

  • Original Loan-to-Value Ratio With respect to any Mortgage Loan, the ratio of the principal balance of such Mortgage Loan at origination, or such other date as is specified, to the Original Value of the related Mortgage Property.

  • Total Loan Commitment means as to any Lender the aggregate commitments of such Lender with respect to its Revolving Loan Commitment and Term Loan Commitment.

  • Maximum Revolving Advance Amount means $25,000,000.

  • Term Loan Amount means with respect to any Term Loan Lender, the amount equal to its Term Loan Percentage of the aggregate principal amount outstanding under the Term Loan.

  • Tranche B Term Loan Percentage as to any Lender at any time, the percentage which such Lender's Tranche B Term Loan Commitment then constitutes of the aggregate Tranche B Term Loan Commitments (or, at any time after the Closing Date, the percentage which the aggregate principal amount of such Lender's Tranche B Term Loans then outstanding constitutes of the aggregate principal amount of the Tranche B Term Loans then outstanding).

  • In Balance as defined in the Disbursement Agreement.

  • Combined Loan-to-Value Ratio or CLTV As of any date and as to any Second Lien Mortgage Loan, the ratio, expressed as a percentage, of the (a) sum of (i) the outstanding principal balance of the Second Lien Mortgage Loan and (ii) the outstanding principal balance as of such date of any mortgage loan or mortgage loans that are senior or equal in priority to the Second Lien Mortgage Loan and which are secured by the same Mortgaged Property to (b) the Appraised Value as determined pursuant to the Underwriting Guidelines of the related Mortgaged Property as of the origination of the Second Lien Mortgage Loan.

  • Combined Loan-to-Value Ratio As to any Second Lien Mortgage Loan at any date of determination, the ratio (expressed as a percentage) of the principal balance of such Mortgage Loan at the date of determination, plus the principal balance of any Superior Lien based upon the most recent information available to the Servicer, to (a) in the case of a purchase, the lesser of the sales price of the Mortgaged Property and its appraised value at the time of sale, or (b) in the case of a refinancing or modification, the appraised value of the Mortgaged Property at the time of such refinancing or modification.

  • Current Loan-to-Value Ratio The Principal Balance of a Mortgage Loan as of the applicable date of substitution divided by the Appraised Value.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).

  • Term Loan Percentage means, with respect to any Term Loan Lender at any time, the percentage of the total outstanding principal balance of the Term Loans represented by the outstanding principal balance of such Term Loan Lender’s Term Loans.