Borrower Loan definition

Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to the Borrower Loan Agreement in the aggregate principal amount of the Borrower Loan Amount, as evidenced by the Borrower Notes.

Borrower Loan means the mortgage loan made by the Governmental Lender to the Borrower pursuant to this Borrower Loan Agreement, in the maximum principal amount of the Borrower Loan Amount, as evidenced by the Borrower Note.

Borrower Loan means the Borrowers' indebtedness outstanding from time to time under the Credit Facility.

Examples of Borrower Loan in a sentence

• The Borrower Loan advances and Funding Loan advances shall be allocated first to the Series A-1 Borrower Note and the related Series A-1 Governmental Lender Note and, once the foregoing have been fully funded, then to the Series A-2 Borrower Note and the related Series A-2 Governmental Lender Note.

• The proceeds of the Funding Loan shall be advanced by the Funding Lender to the Fiscal Agent (pursuant to the wiring instructions on Exhibit E attached hereto) for deposit by the Fiscal Agent to the Project Fund for the account of the Governmental Lender as and when needed to make each advance in accordance with the disbursement provisions of the Borrower Loan Agreement and the Construction Funding Agreement.

• The Fiscal Agent shall deposit into the Expense Fund the amounts required by the Regulatory Agreement or the Borrower Loan Agreement to be paid by the Borrower to the Governmental Lender or the Fiscal Agent on behalf of the Borrower.

• The Governmental Lender and the Fiscal Agent acknowledge that the Funding Lender shall have the right to appoint a Servicer to service and administer the Funding Loan and the Borrower Loan as set forth in a Servicing Agreement.

• Upon any such waiver, such default shall cease to exist, and any Event of Default arising therefrom shall be deemed to have been cured, for every purpose of this Funding Loan Agreement and the Borrower Loan Agreement; but no such waiver shall extend to any subsequent or other default or impair any right consequent thereon.

More Definitions of Borrower Loan

Borrower Loan means the mortgage loan originated by the Governmental Lender to the Borrower in the principal amount of $ , evidenced by the Borrower Note, pursuant to the terms of this Borrower Loan Agreement.

Borrower Loan means the mortgage loan originated by the Governmental Lender to the Borrower in the aggregate principal amount of $2,220,000 pursuant to the terms of the Borrower Loan Agreement.

Borrower Loan. The loan from the Governmental Lender to the Borrower under the Borrower Loan Agreement to provide Borrower with financing to acquire, rehabilitate and equip the Project.

Borrower Loan means a loan made by Loop Funding on the Platform;

Borrower Loan means a direct loan originated through the Platform.

Borrower Loan means a direct loan originated through the Company’s platform on its website www.prosper.com or any successor website, with a borrower that is an individual.

Borrower Loan means a direct loan originated through the Company’s platform on its website xxx.xxxxxxx.xxx or any successor website, with a borrower that is an individual. , or a direct loan that has otherwise been acquired or assumed by the Company (including pursuant to the Asset Transfer Agreement)