Credit Line Agreement definition

Credit Line Agreement means the related credit line account agreement for a Mortgage Loan executed by the related mortgagor and any amendment or modification of it.
Credit Line Agreement. With respect to any Mortgage Loan, the related home equity line of credit agreement and promissory note executed by the related Mortgagor and any amendment or modification thereof.
Credit Line Agreement means, with respect to each HELOC, the related home equity line of credit agreement, account agreement and promissory note (if any) executed by the related Mortgagor and any amendment or modification thereof.

Examples of Credit Line Agreement in a sentence

  • Neither the Owner Trustee nor the Trust nor the Indenture Trustee assumes the obligation under any Credit Line Agreement that provides for the funding of future advances to the mortgagor under it, and neither the Trust nor the Owner Trustee nor the Indenture Trustee may fund these future advances.

  • No change in the terms of the related Credit Line Agreement may be made by the Master Servicer in connection with the assumption to the extent that the change would not be permitted to be made in the original Credit Line Agreement pursuant to Section 3.01(a).

  • No change in the terms of the related Credit Line Agreement may be made by the Master Servicer in connection with the assumption to the extent that the change would not be permitted to be made in the original Credit Line Agreement pursuant to Section 3.01.

  • Execution/signing of the General Credit Line Agreement does not imply granting the right by the Bank to the Customer to use any of the bank products envisaged by the General Credit Line Agreement Agreement (Credit, Credit Line, Overdraft, Documentary Transactions) or their part.

  • The Uncommitted Credit Line Agreement as per this CBC is an atypical credit agreement created in accordance with the understanding of the Parties which—by way of derogation from the rules governing for credit agreements as defined in Art.


More Definitions of Credit Line Agreement

Credit Line Agreement means, with respect to each HELOC, the related home equity line of credit agreement, account agreement and promissory note (if any) executed by the related mortgagor and any amendment or modification thereof.
Credit Line Agreement. With respect to any HELOC Mortgage Loan, the related home equity line of credit agreement and promissory note executed by the related Mortgagor and any amendment or modification thereof.
Credit Line Agreement. With respect to any Mortgage Loan that is a HELOC, the related home equity line of credit agreement or promissory note executed by the related Mortgagor and any amendment or modification thereof.
Credit Line Agreement. The Mortgage Note.
Credit Line Agreement. The related credit line account agreement for a HELOC Mortgage Loan executed by the related Mortgagor and any amendment or modification of it. Cut-off Date: The date set forth in the related Purchase Agreement.
Credit Line Agreement. With respect to any HELOC, the related credit line --------------------- account agreement and promissory note executed by the related Mortgagor and any amendment or modification thereof.
Credit Line Agreement. The note or other evidence of the indebtedness of a Mortgagor under a Mortgage Loan.