Principal Loan Amount definition

Principal Loan Amount means the Qualified Loan disbursed to an eligible Borrower with a minimum amount of $50,000 and a maximum amount of $20,000,000.
Principal Loan Amount. The aggregate principal amount of all unpaid Advances made under the Notes outstanding at any time, plus the then current Letter of Credit Amount.
Principal Loan Amount means the Qualified Loan disbursed to an eligible Borrower with a minimum amount of $50,000 and a maximum amount of $20 million.

Examples of Principal Loan Amount in a sentence

  • Payment shall be applied as follows: Principal Loan Amount $ Interest $ Late Payments.

  • In the event that any instalment of principal and/ or interest is not paid on the Repayment Due Date as provided, then, the Borrower(s) shall be deemed to have defaulted on the Borrower(s) obligation to repay the Principal Loan Amount and/or the interest accrued thereon.

  • In the event that any Monthly Instalment or part thereof of principal and/ or interest is not paid on the Repayment Due Date, and without prejudice to VMBS’s right to demand payment of the Principal Loan Amount and interest accrued thereon, then interest shall become payable upon such arrears of interest from the Repayment Due Date until payment is made at a rate computed on the same basis as set out in the Loan Particulars (subject to revision from time to time).

  • VMBS is hereby irrevocably authorised without having to give any notice to the Borrower(s) to set off and apply the all funds held in the Collateral Security Account(s) or any part thereof to fully settle the Principal Loan Amount and accrued interest thereon which remains outstanding or at its sole discretion VMBS may apply funds from the Collateral Security Account(s) towards payment of such Monthly Instalments which shall remain outstanding.

  • On the same day, the claimant was hired as an on-call substitute teacher for the Fairbanks North Star Borough School District.


More Definitions of Principal Loan Amount

Principal Loan Amount. Dollars ($ ) (the “Original Principal”) The Loan is one of the following types of loans marked by an “X” below: ________ Term Loan. A term loan (fixed amount with specified repayment schedule (the “Term Loan”)) with the expiration date of and an interest rate of %; or a ________ Line of Credit. A line of credit (open line of credit allowing for cycles of advances and repayment) with the expiration date of and an interest rate of %; or a ________ Other Loan Type. A ___________ loan (the “Other Loan Type”) with the expiration date of __________ and an interest rate of %. The Loan shall be disbursed in accordance with Loan Documents among the Borrower, any co-maker, guarantor, endorser, other debtor or obligor of the Loan, and the Lender, which include without limitation, a loan agreement, note, security agreement(s), and as applicable, other hypothecations, guarantees, and other ancillary and related documents (the foregoing, and this Enhancement Agreement, including all Appendices, and any permitted amendments thereto, collectively, the “Loan Documents”) The original Loan Documents shall be retained by the Lender, and evidence of loan closing shall be forwarded to Development upon execution.
Principal Loan Amount. As to the Revolving Credit Notes, the aggregate principal amount of all unpaid Advances outstanding at any time (not including the unpaid balance under the Related Bank Debt, Existing Term Notes or any Acquisition Notes, or any amounts converted to a term loan hereunder), and as to Converted Notes hereunder, the unpaid principal amount thereof.
Principal Loan Amount. $ [x] Address: email address: [email] SCHEDULES AND EXHIBITS Schedule of Purchasers Exhibit A: Form of Promissory Note SCHEDULE OF PURCHASERS Name and Address Date of Note Loan Amount Exhibit A CONVERTIBLE PROMISSORY NOTE $ April __, 0000 Xxx Xxxxx, Xxxxxxxxxx For Value Received, Procera Networks, Inc., a Nevada corporation (“Borrower”), hereby promises to pay to the order of __________________________________, an individual (“Lender”), in lawful money of the United States of America and in immediately available funds, the principal sum of ________________________________________ ($______________) (the “Loan”) together with accrued and unpaid interest thereon, each due and payable on the dates and in the manner set forth below. This note (the “Note”) is issued as part of a series of similar notes to be issued pursuant to the terms of that certain Note Purchase Agreement, dated as of April __, 2009 (the “NPA”).
Principal Loan Amount shall include the aggregate principal amount of the Notes, the First Bridge Notes, and the Galenica Note.
Principal Loan Amount. Dollars and /00 ($ ) (the “Loan”, or the “Loan Limit”).
Principal Loan Amount. XXX Dollars ($XXX) (the “Loan”, or the “Loan Limit”). The Loan is one of the following types of loans marked by an “X” below: ________ Term Loan. A term loan (fixed amount with specified repayment schedule (the “Term Loan”)); or a ________ Revolving Line of Credit. A revolving line of credit (open line of credit allowing for cycles of advances and repayment (the “Revolving Loan”)). The original Loan Documents shall be retained by the Lender, and copies of all Loan Documents shall be forwarded to the MSF upon execution.
Principal Loan Amount. XXX Dollars ($XXX) (the “Loan”, or the “Loan Limit”). The Loan is one of the following types of loans marked by an “X” below: ________ Term Loan. A term loan (fixed amount with specified repayment schedule (the “Term Loan”)); or a ________ Revolving Line of Credit. A revolving line of credit (open line of credit allowing for cycles of advances and repayment (the “Revolving Loan”)); or a