Restructured Loans Clause Samples
The 'Restructured Loans' clause defines the terms and conditions under which an existing loan agreement may be modified, typically in response to a borrower's financial difficulties or changing circumstances. This clause outlines the process for altering repayment schedules, interest rates, or other key loan terms, and may specify the criteria or events that trigger such restructuring. Its core practical function is to provide a formal mechanism for adjusting loan obligations, thereby helping both lender and borrower manage risk and avoid default.
Restructured Loans. For each of the Restructured Loans where a gain or loss is realized in a sale under Sections 4.1 or 4.2, a schedule showing the calculation in the form and in accordance with the methodology set forth in Exhibit 2d(2).
Restructured Loans. For any Restructured Loan included in a sale under Section 4.1, a gain or loss will be calculated as follows:
(i) the sale price received by the Assuming Institution; minus
(ii) the net present value of estimated cash flows on the Restructured Loan that was used in the calculation of the related Restructuring Loss; plus
(iii) loan principal payments collected by the Assuming Institution from the effective date on which the Loan was restructured to the date of sale, in accordance with the methodologies set forth in Exhibits 2e(1)-(3).
Restructured Loans. For any Restructured Loan included in a sale under Section 4.1, a gain or loss will be calculated as follows:
Restructured Loans. For any Restructured Loan included in a sale under Section 4.1, a gain or loss will be calculated as follows: Module 1 — Whole Bank w/ Optional Shared Loss Agreements ▇▇▇▇▇▇ COMMUNITY BANK Version 3.01 — Single Family Shared-Loss Agreement BROOKSVILLE, FLORIDA December 8, 2010
(i) the sale price received by the Assuming Institution; minus
(ii) the net present value of estimated cash flows on the Restructured Loan that was used in the calculation of the related Restructuring Loss; plus
(iii) loan principal payments collected by the Assuming Institution from the effective date on which the Loan was restructured to the date of sale, in accordance with the methodologies set forth in Exhibits 2e(1)-(3).
Restructured Loans. For each of the Restructured Loans where a gain or loss is realized in a sale under Sections 4.1 or 4.2, a schedule showing the calculation in the form and in accordance with the methodology set forth in Exhibit 2d(2).
Module 1 Whole Bank w/ Optional Shared Loss Agreements Citizens Bank of Effingham Version 3.0 –Single family Shared-Loss Agreement Springfield, Georgia December 8, 2010
Restructured Loans. The Portfolio Manager on behalf of the Issuer may direct the Collateral Trustee to withdraw (i) during the Reinvestment Period, Principal Proceeds up to the Excess Par Amount (as long as the Workout Test will be satisfied) and (ii) Interest Proceeds without limitation (as long as sufficient Interest Proceeds will remain on the next Payment Date to pay interest due and payable on the Debt) from the Collection Account on any Business Day during any Interest Accrual Period to acquire (including by exercise of a warrant) Restructured Loans, in each case if the Portfolio Manager reasonably believes (not to be called into question as a result of subsequent events) that making such investment will (i) prevent bankruptcy or insolvency of the related Obligor, (ii) minimize material losses in connection with the related Collateral Obligation or (iii) otherwise improve recovery prospects with respect to the related Obligor or Collateral Obligation. Additionally, at any time during or after the Reinvestment Period, at the direction of the Portfolio Manager, the Issuer may direct the payment from amounts on deposit in the Contribution Account to acquire any Restructured Loan. Notwithstanding anything to the contrary herein, (x) the acquisition of Restructured Loans shall not be required to satisfy any of the Investment Criteria and (y) Restructured Assets shall not be considered to be Collateral Obligations.
Restructured Loans. For each of the Restructured Loans where a gain or loss is realized in a sale under Sections 4.1 or 4.2, a schedule showing the calculation in the form and in accordance with the methodology set forth in Exhibit 2d(2).
Module 1 Whole Bank w/ Optional Shared Loss Agreements Version 3.01 – SINGLE FAMILY SHARED-LOSS AGREEMENT December 8, 2010 SF-12 New Horizons Bank East Ellijay, Georgia
Restructured Loans. For each of the Restructured Loans where a gain or loss is realized in a sale under Sections 4.1 or 4.2, a schedule showing the calculation in the form and in accordance with the methodology set forth in Exhibit 2d(2).
Module 1 Whole Bank w/ Optional Shared Loss Agreements Version 3.01– SINGLE FAMILY SHARED-LOSS AGREEMENT December 8, 2010 ▇▇-▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇
Restructured Loans. For any Restructured Loan included in a sale pursuant to this Section 4.1, gain or loss is to be calculated as follows, using the methodologies set forth in Exhibit 2e(3):
(A) the net present value of estimated cash flows on the Restructured Loan that was used in the calculation of the related Restructuring Loss; minus
(B) loan principal payments collected by the Assuming Institution from the effective date of the loan modification in effect at the time of such sale with respect to the Restructured Loan to the date on which sale of the Restructured Loan is consummated; minus
(C) the gross sale price and any other collections received by the Assuming Institution.
Restructured Loans