Defaulted Loans definition

Defaulted Loans means any Mortgage Loan in relation to which there are 1 (one) or more Defaulted Receivables.
Defaulted Loans shall have the meaning assigned to such term in Section 2.16(c).
Defaulted Loans means all Loans for which any payment is one hundred and twenty (120) days or more past due.

Examples of Defaulted Loans in a sentence

  • As noted above, however, Defaulted Loans in the Portfolio will be given a reduced weighting for the purposes of the calculation of the Asset Coverage Test and the Amortisation Test.

  • Defaulted Loans in the Portfolio will be given a reduced weighting for the purposes of the calculation of the Asset Coverage Test and the Amortisation Test.

  • As noted above, however, Defaulted Loans in the Portfolio will be given a reduced weighting for the purposes of the calculation of the Asset Coverage Test and the Amortisation Test.Additionally, loans originated by a member of Lloyds Banking Group, other than Lloyds Bank plc and BOS, may be included in the Portfolio.

  • On or before each Determination Date the Servicer may deposit into the Collection Account an amount equal to the aggregate amount of Servicer Advances, if any, with respect to Scheduled Payments on Pledged Loans (which are not Defaulted Loans) for the preceding Due Period which are not received on or prior to such Payment Date.

  • In connection with the substitution of one or more Qualified Substitute Loans for one or more Defaulted Loans, the Servicer shall determine the Substitution Adjustment Amount.


More Definitions of Defaulted Loans

Defaulted Loans means any Loan not made by any Lender when required hereunder.
Defaulted Loans has the meaning assigned to that term in subsection 2.1C.
Defaulted Loans shall be those Loans that are ninety (90) days or more past due and have triggered an acceleration of the Loan and written notice to the borrower of such, as evidenced by documents defined in Section 3.04.
Defaulted Loans has the meaning set forth in Section 12.2(c)(i).
Defaulted Loans means Loans with respect to which the borrower is in payment or other default.
Defaulted Loans means any Loans with respect to which an Event of Default has occurred under the related Loan Agreement and as to which the Credit Facility Issuer has directed the Trustee to transfer such Loan Agreement directly to the Credit Facility Issuer.