USDA Loans definition

USDA Loans means a residential mortgage loan, the payment of which is guaranteed by the United States Department of Agriculture or any successor thereto.
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USDA Loans means Mortgage Loans originated under the USDA Rural Development single-family mortgage loan program.
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USDA Loans. Means a Loan guaranteed by the U.S. Department of Agriculture (USDA) Rural Development.
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Examples of USDA Loans in a sentence

  • With respect to the USDA Loans, the USDA Loan Guaranty Agreement is in full force and effect to the maximum extent stated therein.

  • If and to the extent that any FHA Loans, USDA Loans or VA Loans are Subject Mortgages, the Seller is an FHA Approved Mortgagee and a VA Approved Lender.

  • With respect to the USDA Loans, the USDA Guaranty is in full force and effect to the maximum extent stated therein.

  • To the extent the Seller originates (i) VA Loan, (ii) FHA Loans, (iii) USDA Loans, or (iv) mortgage loans approved or insured by the United Stated Department of Housing and Urban Development (“HUD”), it is a HUD approved mortgagee under Section 203 of the National Housing Act.

  • Should the PMC Seller, for any reason, cease to possess all such Xxxxxx Xxx Approvals, or should notification to Xxxxxx Xxx or, if and to the extent that any FHA Loans, USDA Loans or VA Loans are Subject Mortgages, to HUD, FHA, USDA or VA as described in Section 3.16 hereof be required, the PMC Seller shall so notify the Buyers promptly in writing.

  • With respect to the USDA Loans, the Rural Housing Service Guaranty is in full force and effect to the maximum extent stated therein.

  • With respect to the USDA Loans, such USDA Loan is guaranteed, or is eligible to be guaranteed, by an USDA Guaranty, under the USDA Regulations and there exists no impairment to full recovery without indemnity to the USDA under the USDA Guaranty.

  • Should the Seller, for any reason, cease to possess all such Xxxxxx Mae Approvals, or should notification to Xxxxxx Xxx or, if and to the extent that any FHA Loans, USDA Loans or VA Loans are Subject Mortgages, to HUD, FHA, USDA or VA as described in Section 3.16 hereof be required, the Seller shall so notify the Buyer promptly in writing.

  • With respect to USDA Loans, such USDA Loan is guaranteed, or eligible to be guaranteed by an USDA Guaranty, under the USDA Regulations and there exists no impairment to full recovery without indemnity to the USDA under the USDA Guaranty.

  • If and to the extent that any FHA Loans, USDA Loans or VA Loans are Subject Mortgages, the PMC Seller is an FHA Approved Mortgagee and a VA Approved Lender.


More Definitions of USDA Loans

USDA Loans means the USDA/Commerce Debts taken out by the Company in December 2005 and September 2006 in the amounts of US$1,200,000 and US$2,100,000 respectively.
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USDA Loans means Mortgage Loans originated under the USDA Rural Development single-family mortgage loan program. “VA” means the Department of Veterans Affairs and any successor.
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USDA Loans means mortgage loans guaranteed by the United States Department of Agriculture.
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USDA Loans has the meaning specified in Section 6.1(i).
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Related to USDA Loans

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the U.S. Swingline Loans, the U.S. Overadvances, and the U.S. Protective Advances.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Revolving Loan Notes means the promissory notes of the Borrower provided pursuant to Section 2.1(e) in favor of any of the Revolving Lenders evidencing the Revolving Loan provided by any such Revolving Lender pursuant to Section 2.1(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Swing Loans each is defined in Section 1.7 hereof.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Revolving Loan Borrowing means a borrowing of a Revolving Loan.

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.

  • Term Loans as defined in Section 2.1.

  • LIBOR Rate Loans means Loans bearing interest at a rate based on the LIBOR Base Rate or LIBOR Rate, as applicable.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).