Additional Loan means the Eligible Loans evidenced by a Note or Notes sold from time to time during the Supplemental Purchase Period pursuant to an Additional Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.
Additional Loan shall have the meaning set forth in Section 2.5.
Additional Loan has the meaning assigned to such term in Section 2.15(a).
Examples of Additional Loan in a sentence
Notwithstanding the foregoing, no such acquisition of any Additional Loans (other than any Renewal Loans in connection with a Renewal Loan Replacement) by the Issuer hereunder shall occur on any Addition Date unless, on or prior to such Addition Date, the Depositor shall have delivered to the Issuer an Additional Loan Assignment and an Additional Loan Assignment Schedule with respect to such Additional Loans.
More Definitions of Additional Loan
Additional Loan means the loan as may be applied by the Borrower to the Lender, over and above the amount of the Loan sanctioned by the Lender, up to the maximum of the Flexi Assigned Limit, as may be approved by the Lender;
Additional Loan means a Loan, other than an Initial Loan, acquired by the Issuer from the Trust Depositor for inclusion in the Collateral and having a Cut-Off Date during the Ramp-Up Period or the Reinvestment Period.
Additional Loan means (a) with respect to the Loan Purchase Agreement, each additional non-revolving personal loan that is sold to the Depositor pursuant to the Loan Purchase Agreement on an Addition Date, which, for the avoidance of doubt, may include Loans acquired by the Seller from Regional Originators, (b) with respect to the Sale and Servicing Agreement, each additional non-revolving personal loan that is acquired by the Issuer pursuant to the Sale and Servicing Agreement on an Addition Date, (c) with respect to the 2024-1A SUBI Supplement, each additional non-revolving personal loan that is allocated to the 2024-1A SUBI by the Servicer pursuant to the 2024-1A SUBI Supplement on an Addition Date, (d) with respect to each Purchase Agreement, each additional non-revolving personal loan that is sold to the Seller SALE AND SERVICING AGREEMENT (RMIT 2024-1) – Schedule II - 2 pursuant to such Purchase Agreement on each Addition Date, (e) with respect to the Omnibus Distribution and Assignment Agreement, each additional non-revolving personal loan that is transferred to the Seller pursuant to the Omnibus Distribution and Assignment Agreement on each Addition Date, and (f) with respect to any Other Warehouse Purchase Agreement, each additional non-revolving personal loan that is sold to the Seller pursuant to such Other Warehouse Purchase Agreement on each Addition Date, which for the avoidance of doubt in each case shall include Branch Loans and Convenience Checks and any Renewal Loan originated in connection with a Renewal Loan Replacement..
Additional Loan means, with respect to any Series, each Installment Contract or other contract for deed or contract or note secured by a mortgage, deed of trust, vendor’s lien or retention of title, in each case relating to the sale of one or more Timeshare Properties or Green Timeshare Properties to an Obligor and each Additional Upgrade Balance, in each case constituting one of the Loans of such Series purchased from the Seller on an Addition Cut-Off Date and listed on Schedule 1 to the related Assignment.
Additional Loan has the meaning specified in Section 2.01(b).”
Additional Loan has the meaning given in the definition of “Loans”.