Current Loan definition

Current Loan. A Mortgage Loan that is less than thirty (30) days past due as of the related Servicing Transfer Date.
Current Loan shall have the meaning set forth in Section 7.12.
Current Loan means any loan that is fully paid to date according to a contract.

Examples of Current Loan in a sentence

  • IREDA would charge fee as 0.1% of the loan o/s including FITL (Current Loan Outstanding as on date of processing of the request to be considered) for issuance of NOC towards merger/ amalgamation etc.

  • The Current Loan Documents, as modified by this Modification, are ratified and affirmed by Borrower and shall remain in full force and effect.

  • Documentation must be actual, not estimated, and include the following elements for each loan:• Borrower Name, Loan ID #, Account # (may be different from Loan ID #)• Lending Institution Name, Address, PhoneThe contributions that you make to your practice and patient care, inclu• Current Loan Amount Still Unpaid (principle amount + interest and fees) RECRUITMENT applicants will be required to provide documentation at a later date (i.e., once the recruit has been identified).

  • The Current Loan Documents, as modified by this Modification, contain the entire understanding and agreement of Borrower and Lender in respect of the Loan and supersede all prior representations, warranties, agreements and understandings.

  • All representations and warranties made by the Borrower in the Current Loan Documents are true and correct as of the date hereof, except for such representations and warranties which are by their terms expressly limited solely to a specific date which are true and correct as of the applicable date.


More Definitions of Current Loan

Current Loan means a loan in respect of which the account of the loan with the lender has not been closed by the lender;
Current Loan. A Loan that is listed on Schedule II. Cut-off Date: July 31, 2012, or such other date as may be agreed to in writing by Seller and Purchaser.
Current Loan. A Loan that is less than 30 days delinquent as of the Cut-off Date and is indicated as such on the Loan Schedule.
Current Loan. A Loan that (i) is not more than 30 days delinquent as of the Cut-off Date, (ii) does not have a Maturity Date that is on or prior to the Closing Date, or (iii) is not a Loan that has been brought current after the Cut-off Date with the liquidation of collateral as of the Closing Date. Custodian: Xxxxx Day, 000 Xxxx 00xx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000-0000.
Current Loan means an Eligible Loan as to which any Monthly Payment is less than 30 days past due as of any date of determination.
Current Loan. Shall have the meaning ascribed to such term in Section 10.14 hereof;
Current Loan means, as of any date, a Loan as to which all payments of principal and interest then due have been paid, except for the most recent payment then due of principal and interest.