Acquired Loans definition

Acquired Loans means loans previously originated by a financial institution other than Lender through the lending program administered by Servicer that are acquired by Lender from time to time and that Lender and Servicer agree in writing to treat as Loans under this Origination Agreement.”
Acquired Loans means, with respect to each of the Initial Contribution Agreement and the Subsequent Contribution Agreements, the Loans selected for contribution and acquired or substituted pursuant to such Contribution Agreement.
Acquired Loans means the loans and mortgages included in any Asset Portfolio acquired by any of the Borrowers, and which have not been disposed of by any such Borrower.

Examples of Acquired Loans in a sentence

  • Tomorrow (7 November) we will send out a list of the Acquired Loans to market participants (including Highland) and seek firm bids in respect of each of them.

  • In addition, Acquired Loans are not initially classified as delinquent or nonperforming as we expect to collect our net investment in these loans and the nonaccretable difference is expected to absorb the majority of the losses associated with these loans.

  • Loans Originated or Refinanced Before April 1, 2013, and all Acquired Loans For loans originated or refinanced by a bank before April 1, 2013, and all acquired loans regardless of the date of acquisition, if information as of the date the loan was originated or refinanced is not available, then the bank must use the oldest available information to determine the PD.

  • Acquired Loans Loans acquired in connection with business combinations are recorded at fair value with no carryover of the related allowance for loan losses.

  • Recovery proceeds from Managed NPLs were returned to the Government and BNM, while surplus recovery from Acquired Loans were shared with the respective financial institutions, in accordance with the surplus sharing agreements.The balance of the cash was then kept and used to meet Danaharta's liabilities, largely the bonds issued for NPL acquisition.


More Definitions of Acquired Loans

Acquired Loans has the meaning set forth in the Asset Purchase Agreement; provided that "Acquired Loans" shall not include any Repurchased Auto Loan after the date of the repurchase thereof.
Acquired Loans shall not include any Repurchased Auto Loan after the date of the repurchase thereof.
Acquired Loans in Section 1.01 of the Sale and Servicing Agreement is hereby amended and restated in its entirety as follows:
Acquired Loans has the meaning assigned to such term in Section 2.02(d) hereof.
Acquired Loans means the NAFCO Loans and the Advantage Loans.
Acquired Loans means loans previously originated by a federally-insured and federal- or state-chartered financial institution other than Lender through the GreenSky® Program that are acquired by Lender from time to time, as agreed to by Lender in its sole discretion, and that Lender and Servicer agree in writing to treat as Loans under this Origination Agreement and the Servicing Agreement.
Acquired Loans means Timeshare Loans originated by Epic Resorts, LLC and its affiliates prior to the acquisition of certain assets of Epic Resorts, LLC by DRC.