Defaulted Borrower definition

Defaulted Borrower means a Borrower under a Defaulted Loan.
Sample 1Sample 2Sample 3
Defaulted Borrower means a Borrower under a Defaulted Loan. ------------------
Sample 1

Examples of Defaulted Borrower in a sentence

  • Unless a Credit Event or an Unmatured Credit Event has occurred and is continuing, the Servicer shall refrain during any Response Period from taking any legal action against the Defaulted Borrower under the Defaulted Loan which is the subject of such Response Period, and from accelerating payment of the Loan Indebtedness under such Defaulted Loan but the Servicer shall cease funding any further Advances pursuant to the Loan Commitment to such Defaulted Borrower.

  • BNA determines equity value in home on a specified date (value of home less mortgage payout and other costs) and will advise Defaulted Borrower accordingly.

  • The Higher Education Act And The Secretary’s Regulations Do Not Allow A Guaranty Agency To Assess Collection Costs Against A First-Time Defaulted Borrower Who Timely Enters Into A Rehabilitation Agreement AndFully Complies With That Agreement 13II.

  • The Higher Education Act And The Secretary’s Regulations Do Not Allow A Guaranty Agency To Assess Collection Costs Against A First-Time Defaulted Borrower Who Timely Enters Into ARehabilitation Agreement And Fully Complies With That Agreement.The Higher Education Act does not define “reasonable collection costs.” Congress “explicitly left a gap for the agency to fill,” Chevron, U.S.A., Inc.

  • Note that due to seasonal variation, the number of borrowers included in the monthly study cohorts is fewer than the average.10.0%7.5%5.0%2.5%No Email Positive Email Negative Email4.9%10.0%7.5%5.0%2.5%Negative EmailAppointment Email7.3%3.4%2.0%0.0% Figure 8: Defaulted Borrower Call-In Rates in Spring 2015 Notes: Percentage of defaulted borrowers calling in regarding their loan in spring 2015.

  • The Daphne Joan OSBORNE Fund, 2007, established by a bequest under the will of Professor Daphne Osborne to be used as the Principal and Fellows of Somerville College think fit for the benefit of Somerville College, being aware of her expressed wish that the monies should be applied in the furtherance and support of studies in the physical and/or biological sciences.

  • Any remaining funds (net equity) from the sale of the property after TteS deducted costs will be forwarded to the Defaulted Borrower.

  • For its part, the Respondent State argued that the location obligation served two legitimate aims, namely the protection of public health and morals.

  • BNA advises Defaulted Borrower that it is exercising its rights under the Mortgage and Default Agreement.

Related to Defaulted Borrower

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • Funding Borrower shall have the meaning set forth in Section 20.12 hereof.

  • Qualified borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

  • Purchasing Borrower Party means Holdings or any subsidiary of Holdings.

  • Applicable Borrower means, with respect to any Loan or other amount owing hereunder or any matter pertaining to such Loan or other amount, whichever of the Borrowers is the primary obligor on such Loan or other amount.

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

  • Borrowing Subsidiary means, at any time, any Subsidiary of the Company designated as a Borrowing Subsidiary by the Company pursuant to Section 2.19 that has not ceased to be a Borrowing Subsidiary pursuant to such Section or Article 7.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Designated Borrower Notice has the meaning specified in Section 2.14.

  • Canadian Loan Party means any Loan Party incorporated or otherwise organized under the laws of Canada or any province or territory thereof.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Canadian Borrower as defined in the preamble hereto.

  • Existing Borrower s Re-Fix Rate" means at any date the fixed rate then being offered to those of the Seller's existing Borrowers who at that date are seeking to fix the rate of interest payable under their existing Fixed Rate Mortgage Loan with the Seller for the applicable period;

  • Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.

  • German Borrower means a Borrower incorporated in Germany.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Applicant Borrower has the meaning specified in Section 2.14.

  • Subsidiary Borrowers means, collectively (i) each Domestic Subsidiary of the Company that is a party to this Agreement as a “Borrower” on the Effective Date and (ii) each Domestic Subsidiary of the Company that becomes a party to this Agreement as a “Borrower” following the Effective Date pursuant to Section 5.14, in each case, until such time as such Domestic Subsidiary is released from its obligations under the Loan Documents in accordance with this Agreement.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Lender Party means any Lender, the Issuing Bank or the Swing Line Bank.

  • Subsidiary Loan Party means any Subsidiary that is not a Foreign Subsidiary or a Receivables Subsidiary.

  • Parent Borrower as defined in the preamble hereto.

  • Lender Parent means, with respect to any Lender, any Person as to which such Lender is, directly or indirectly, a subsidiary.

  • Account Party has the meaning specified therefor in Section 2.11(h) of this Agreement.

  • Borrower as defined in the preamble hereto.

  • Tax Lender has the meaning specified therefor in Section 14.2(a) of the Agreement.