Unpaid Excess Loan Amount definition

Unpaid Excess Loan Amount means the excess of the Difference over ------------------------- the Actual Prepayment Amount. Lender shall receive Class B Equity Interests in the amount of the Class B Amount pursuant to documentation satisfactory to Lender in Lender's sole discretion, some of the material terms of which are described on Exhibit D, and upon such conversion Lender shall be the "Preferred Shareholder" in the Operator and the "Preferred Beneficial Owner" in the Borrower. In addition to all other amounts due Lender, Borrower shall pay to Lender, in addition to any amounts set forth in the first paragraph of Section 8.32(c) above, on the ------- ------- Stabilization Date Payment Date, (x) an amount equal to any applicable hedging or interest rate management breakage costs incurred by Lender, and (y) a fee equal to two percent (2%) of the Class B Amount. Any failure by Borrower to pay to Lender any applicable hedging or interest rate management breakage costs incurred by Lender and fee in connection with any prepayment or conversion pursuant to this Section on the Stabilization Date ------- Payment Date shall constitute an immediate Event of Default.
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Unpaid Excess Loan Amount has the meaning provided in Section 8.32(c)(ii).
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Unpaid Excess Loan Amount has the meaning provided in Section ------------------------- ------- 8.32(c)(i). ----------
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More Definitions of Unpaid Excess Loan Amount

Unpaid Excess Loan Amount. Underwriting NOI Criteria," "Unpaid Excess Loan Amount," "Warrant," "Security Agreement."
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Unpaid Excess Loan Amount. Warrant," "Security Agreement."
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Unpaid Excess Loan Amount. U.S. Obligations"; "Warrant"; and "Yield Maintenance Premium". All references in the Existing Loan Agreement to the aforementioned defined terms are hereby deleted.
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Related to Unpaid Excess Loan Amount

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

  • 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.

  • 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).]

  • 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.

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

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

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

  • Maximum Revolving Loan Amount means, as of any date of determination, the lesser of (a) the Revolving Loan Commitment(s) of all Lenders minus the Letter of Credit Reserve and (b) the Borrowing Base minus the Letter of Credit Reserve.

  • 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.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Overadvance Amount has the meaning specified therefor in Section 2.4(f).

  • 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.

  • Net advance amount means the gross advance amount less the aggregate amount of the actual and estimated transfer expenses required to be disclosed under section 3(e).

  • Allocated Loan Amount means, for an Individual Property, the amount set forth on Schedule II attached hereto.

  • Gross advance amount means the sum payable to the payee or for the payee's account as consideration for a transfer of structured settlement payment rights before any reductions for transfer expenses or other deductions to be made from such consideration.

  • 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.

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

  • Principal Prepayment Amount For any Distribution Date and for any Loan Group, the sum with respect to the Mortgage Loans in such Loan Group of (i) Curtailments received during the Prior Period from such Mortgage Loans and (ii) Payoffs received during the Payoff Period from such Mortgage Loans.

  • Shared-Loss Loan Commitment Advance means an advance pursuant to a Shared-Loss Loan Commitment with respect to which the Assuming Institution has not made a Permitted Advance.

  • Cut-Off Date Aggregate Principal Balance The aggregate of the Cut-Off Date Principal Balances of the Mortgage Loans is as set forth in Section 11.03.

  • 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.

  • Excess Servicing Fee Rate The rate of 0.0% per annum with respect to each Mortgage Loan.

  • Unpaid Interest Shortfall Amount With respect to the Class A Certificates and the Mezzanine Certificates and (i) the first Distribution Date, zero, and (ii) any Distribution Date after the first Distribution Date, the amount, if any, by which (a) the sum of (1) the Monthly Interest Distributable Amount for such Class for the immediately preceding Distribution Date and (2) the outstanding Unpaid Interest Shortfall Amount, if any, for such Class for such preceding Distribution Date exceeds (b) the aggregate amount distributed on such Class in respect of interest pursuant to clause (a) of this definition on such preceding Distribution Date, plus interest on the amount of interest due but not paid on the Certificates of such Class on such preceding Distribution Date, to the extent permitted by law, at the Pass-Through Rate for such Class for the related Accrual Period.

  • Unpaid Balance of any Receivable means at any time the unpaid principal amount thereof.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.