Total Loan Balance definition

Total Loan Balance. The aggregate of the Principal Balances of all Mortgage Loans at the date of determination.
Total Loan Balance. Means the aggregate principal portion of the Outstanding Individual Loan Amounts of all of the Lenders under this Agreement.
Total Loan Balance means, as of the date of determination, the sum of: (i) the amount of any outstanding Loaned Currency provided to Borrower pursuant to all then outstanding Loans; (ii) the aggregate amount of any outstanding Loan Fees; and (iii) the aggregate amount of any other outstanding fees, expenses or indemnities due hereunder or under any other Loan Documents, in each case, including any fees accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding.

Examples of Total Loan Balance in a sentence

  • 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 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.

  • 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.

  • Availability $0.0 Total Current Outstanding Principal Balance ADD Total Loan Balance Prior to Request Net Availability Prior to Request Documentary Letters of Credit Standby Letters of Credit Total LCs Outstanding Advance Request Paydown ▇▇▇▇▇▇ & ▇▇▇▇▇ Education, Inc.

  • 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.

  • If the Master Servicer fails to exercise its option on the first Distribution Date on which the Total Loan Balance is less than 10% of the Cut-off Date Total Loan Balance, Aurora Loan Services, Inc.

  • 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.

  • The aggregate of any such purchases of Mortgage Loans by the Holder of the Class X Certificate pursuant to this Section 2.07 shall not exceed 5% of the Cut-off Date Total Loan Balance.

  • 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.


More Definitions of Total Loan Balance

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.
Total Loan Balance means the total amount of principal of individual unpaid loans of all lenders.
Total Loan Balance means, as to any Mortgage Loan, an amount equal to the full outstanding 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 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.
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;