Assumed Loan definition

Assumed Loan means the loan, if any, identified in Item 10 of Schedule 1; if no loan is so identified, the term “Assumed Loan” shall be disregarded for purposes of this Contract.

Assumed Loan means the secured loan owed by Encore Vintners to the Bank of Montreal which was assumed by the Corporation as part of the Purchase Price in the aggregate amount of $3.1 million.

Assumed Loan means each Existing Loan denoted as an “Assumed Loan” in Section 1.1(a) of the Disclosure Schedule, as may be amended pursuant to Section 6.16.

Examples of Assumed Loan in a sentence

• All documents related to the Assumed Loan (the “Loan Documents”).

• On or before the expiration of the Contingency Period, Buyer’s satisfaction with the terms and conditions of the Assumed Loan and the Loan Documents.

• For rating purposes only, FEMA defines a non- principal/non-primary residence as a building that will not be lived in by the insured or the insured’s spouse for at least 80% of the 365 days following the policy effective date.

• New Borrower and Xxxxxx agree that the provisions of the Assumed Loan Documents are modified as set forth in Exhibit C to this Agreement.

• The failure of New Borrower to comply with the additional obligations contained in this Section will constitute an Event of Default under the Security Instrument, and Lender will be entitled to exercise all remedies available to it under the terms of the Assumed Loan Documents.

More Definitions of Assumed Loan

Assumed Loan a Loan to be assumed by the applicable SNH Purchaser at the Closing for the Property as identified on Schedule 2.

Assumed Loan means (i) each Adviser Loan with a Transferred Adviser Representative, Transferred Broker or 403(b) Transferred Adviser Representative listed on Section 1.1(b)(3) of the Disclosure Schedule, and (ii) each Adviser Loan with a Transferred Adviser Representative, Transferred Broker or 403(b) Transferred Adviser Representative that is awarded by the Seller or any of its Affiliates from and after the date of this Agreement and on or prior to the Closing Date (each, a “Post-Signing Assumed Loan”).

Assumed Loan or “Assumed Loans” means, individually and collectively, each of the loans issued to any of the Fee Owners pursuant to the Assumed Loan Documents and set forth on Exhibit E.

Assumed Loan of each Assignee shall be determined as follows:

Assumed Loan means any loan identified on Exhibit F hereto. “Assumption Application” has the meaning set forth in Section 2.5.

Assumed Loan means any loan identified on Exhibit G hereto.

Assumed Loan means each Existing Loan denoted as an “Assumed Loan” in S ection 1.1(a) of the Disclosure Schedule, as may be amended pursuant to S ection 6.16.