Common use of Maximum Loan Amount Clause in Contracts

Maximum Loan Amount. After making such disbursement, the aggregate outstanding balance of the Loan shall not exceed the lesser of (a) Loan Amount, or (b) the Borrowing Base.

Appears in 2 contracts

Sources: Loan Agreement (Legacy Housing Corp), Loan Agreement (Legacy Housing Corp)

Maximum Loan Amount. After making such disbursement, the aggregate outstanding balance of the Loan shall not exceed the lesser of (a) Loan Amount, or (b) the Borrowing Base.

Appears in 2 contracts

Sources: Loan Agreement (Nexpoint Diversified Real Estate Trust), Loan Agreement (NexPoint Real Estate Finance, Inc.)