Combined Loans definition

Combined Loans means the loans made by the Combined Lenders to the Borrower and the Parent pursuant to the Combined Loan Documents.

Combined Loans means the loans made by the Combined Lenders to Borrower, Australian Borrower and Canadian Borrower pursuant to the Combined Loan Documents.

Combined Loans means the Mortgage Loan, the Senior Mezzanine Loans, the Loan, and the Junior Mezzanine Loans collectively.

Examples of Combined Loans in a sentence

• The Prepayment Amount for this Note shall be equal to the Proportionate Combined Loan Share of the aggregate amount of such voluntary prepayments on the Combined Loans.

• As noted above, Gross Combined Loans Receivable includes loans originated by third-party lenders through CSO programs which are not included in the consolidated financial statements but from which we earn revenue and for which we provide a guarantee to the lender.

• Adjusted Net Income, Adjusted Earnings per Share, EBITDA, Adjusted EBITDA and Gross Combined Loans Receivable should not be considered as alternatives to income from continuing operations, segment operating income, or any other performance measure derived in accordance with U.S. GAAP, or as an alternative to cash flows from operating activities or any other liquidity measure derived in accordance with U.S. GAAP.

• All of the Mortgage Loans, Combined Loans and Participated Loans.

• In addition to reporting loans receivable information in accordance with U.S. GAAP, we provide Gross Combined Loans Receivable consisting of owned loans receivable plus loans originated by third-party lenders through the CSO programs, which we guarantee but do not include in the Consolidated Financial Statements.

More Definitions of Combined Loans

Combined Loans means the loans made by the Combined Lenders to Borrower, Australian Borrower and Canadian Borrower pursuant to the Combined Loan Documents."

Combined Loans means the loans made by the Combined Lenders to Borrower and Parent pursuant to the Combined Loan Documents.

Combined Loans means the Monthly Home Point Loans plus Monthly Natty Mac Loans. On a monthly basis, Participant shall pay Seller a fee equal to (i) [***] of the Participant ‘s Ownership Interest with respect to the Monthly Home Point Loans during such calendar month up to the amount of the Difference, plus (ii) either (a) in the event Monthly Home Point Loans exceed the amount of the Difference, [***] of the amount equal to Monthly Home Point Loans minus the Difference, or (b) in the event Monthly Deposits exceed Combined Loans, [***] of the amount equal to Monthly Deposits minus the Combined Loans. THIS CERTIFIES THAT MERCHANTS BANK OF INDIANA (“Participant”) is the registered owner of the undivided participation ownership interest (“Ownership Interest”) in the __________ [insured/guaranteed] mortgage loan identified above (the “Mortgage Loan”) and more particularly described on Schedule I attached hereto and by reference incorporated herein held by HOME POINT FINANCIAL CORPORATION (“Seller”) as mortgagee of record and servicer, pursuant to the Master Participation Agreement. Participant’s Ownership Interest shall be the percentage that is equal at any time to the percentage that the unpaid balance of the amount paid by Participant bears to the unpaid balance of the Mortgage Loan. This Participation Certificate is issued under and is subject to the terms, provisions and conditions of the Master Participation Agreement dated as of ___________, 2017, entered into by Seller and Participant (the “Agreement”). Seller certifies to Participant that, as of the date hereof, the information set forth in Schedule I hereto is correct. This Participation Certificate does not represent an obligation of, or an interest in, Seller and is not insured or guaranteed by any government agency. This Participation Certificate is limited in right of payment to certain collections and recoveries respecting the Mortgage Loans, all as more specifically set forth in the Agreement. Seller acknowledges that Participant may (and shall have the right to) pledge the Ownership Interest, as evidenced by this Participation Certificate, to the Federal Home Loan Bank of Indianapolis (“FHLBI”) as collateral under an Advances, Pledge and Security Agreement dated as of April 13, 2000 (the “APSA”), and that such pledge shall remain in effect until such time as Seller reacquires the Ownership Interest according to the terms of the Agreement. Seller further acknowledges and agrees that during such time as this Pa...

Combined Loans. For a Pool or the Trust as of the applicable Substitution Date or Replacement Date with respect to any addition of Substitute Loans or Replacement Loans, the aggregate of all Loans in such Pool or the Trust as of the last day of the prior Monthly Period and all Replacement Loans and Substitute Loans added or to be added to such Pool or the Trust after the last day of the prior Monthly Period through and including such Substitution Date or Replacement Date.

Combined Loans means the Loans and the Original Loans.

Combined Loans set forth in Section 1.1 of the U.S. Credit Agreement hereby are amended in their entirety to read as follows:

Combined Loans set forth in Section 1.1 of the Australian Credit Agreement hereby are amended in their entirety to read as follows: