Deposit Loan definition

Deposit Loan means a Loan made pursuant to Section 2.01(b).
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Deposit Loan as defined in the recitals to this Agreement.
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Deposit Loan means each Loan made pursuant to Section 2.01 hereof for the purpose of financing the payment of Borrower's required deposit in connection with a Portfolio purchase bid.
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Examples of Deposit Loan in a sentence

  • SDHC will offer a Security Deposit Loan Program to assist low-income HCV families moving to (or within) SDHC’s Enterprise or Choice Communities.

  • Notwithstanding any other provision of this Agreement, no Deposit Loan shall be made, and no Deposit Letter of Credit shall be issued or the stated amount thereof increased, if after giving effect thereto the aggregate amount of the Deposits would be less than the Deposit LC Exposure.

  • All or any portion of any Deposit Loan or Revolving Loan prepaid may be borrowed and reborrowed in accordance with the terms and provisions of this Agreement.

  • SDHC will offer a Security Deposit Loan Program to assist low income Moving Forward families, moving to (or within) SDHC’s targeted low poverty zip codes, who do not have the funds required for a large security deposit.

  • Interest on each Certificate of Deposit Loan shall be payable on each Interest Payment Date applicable thereto.

  • A deferred deposit or payday loan is a loan subject to UCCC Article 3.1 (i.e., the Deferred Deposit Loan Act).

  • If no Interest Period with respect to any Eurodollar Loan or Certificate of Deposit Loan is specified in any such notice, then (i) in the case of a Eurodollar Loan, the Company shall be deemed to have selected an Interest Period of one month's duration, and (ii) in the case of a Certificate of Deposit Loan, the Company shall be deemed to have selected an Interest Period of 30 days' duration.

  • Would introduce the “Deferred Deposit Loan Act,” which requires a person or entity, with the exception of certain banks, credit unions and governmental entities, to obtain a license under the Act before providing deferred deposit loans for consideration.

  • A subcommittee of LAASH, the Security Deposit Loan Committee, was formed to address this problem.

  • Cash Advance’s address was listed as “2533 North Carson Street, Suite 4976,” while Preferred Cash Loans was listed as “2533 North Carson Street Suite 5024.” No entities with these names or any individuals or entities doing business as these names were licensed to make payday loans in Colorado, as required by § 5-3.1-116 of the Colorado Deferred Deposit Loan Act, §§ 5-3.1-101 et seq.


More Definitions of Deposit Loan

Deposit Loan means a Loan where (i) the Seller holds the legal title, and (ii) the relevant Borrower has a deposit holding with the Seller and the balance of such deposit holding exceeds the maximum amount covered under the Financial Services Compensation Scheme; XXXXX means the daily Sterling Overnight Index Average; Specified Office means as the context may require, in relation to any of the Agents, the office specified against the name of such Agent in the Agency Agreement or such other specified office as may be notified to the Issuer and the Security Trustee pursuant to the Agency Agreement; SR Equivalency Date means the date on which the Seller certifies to the Issuer and the Note Trustee that a competent EU authority has confirmed that: (a) the satisfaction of the UK Retention Requirement will also satisfy the EU Retention Requirement due to the application of an equivalency regime or similar analogous concept; or (b) the satisfaction of any other obligation under the UK Securitisation Regulation (including, without limitation, Articles 5 and 7 of the UK Securitisation Regulation) will also satisfy the equivalent provisions of the EU Securitisation Regulation due to the application of an equivalency regime or similar analogous concept, in each case, as applicable to the applicable obligation under the UK Securitisation Regulation; Standard Documentation means the standard documentation of the Seller, a list or CD of which is set out in or appended to Exhibit 1 to the Mortgage Sale Agreement, or any update or replacement therefor as permitted by the terms of the Mortgage Sale Agreement;
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Deposit Loan means collectively, (i) that certain loan made by Tempus Acquisition, LLC to Borrower on December 2, 2011, and (ii) that certain loan made by DRC to Borrower on December 20, 2011, to fund the “Deposit”, as set forth in the Asset Purchase Agreement.
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Deposit Loan means the loan from the Borrower to the Bidding Company evidenced by the Deposit Loan Note.
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Deposit Loan means the loan from us under these terms in the Deposit Loan Amount or, as the context requires, the amount advanced by us for the Deposit Loan plus all fees and other costs incurred under it.
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Related to Deposit Loan

  • Deposit Secured Loan means a loan in which the only collateral securing the loan is Assumed Deposits or deposits at other insured depository institutions

  • CD Loan means a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • PACE Loan means (x) any “Property-Assessed Clean Energy loan” or (y) any other indebtedness, without regard to the name given to such indebtedness, which is (i) incurred for improvements to the Property for the purpose of increasing energy efficiency, increasing use of renewable energy sources, resource conservation, or a combination of the foregoing, and (ii) repaid through multi-year assessments against the Property.

  • PPP Loan means the loan in principal amount of $673,184 issued to the Company by the PPP Lender pursuant to the promissory note dated April 20, 2020.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Prepayment Account for any Class of Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (viii). The Collateral Agent will, at the request of the Borrower, invest amounts on deposit in the Prepayment Account for any Class of Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans of such Class to be prepaid; provided, however, that (i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a First Priority Lien in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not less than the amount that would have been available had no investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the investments in any Prepayment Account shall accumulate in such Prepayment Account until all outstanding Loans of any applicable Class with respect to which amounts have been deposited in the Prepayment Accounts have been prepaid in full, at which time so much thereof as is not required to make payment of the Senior Credit Obligations which have become due and payable (whether by scheduled maturity, acceleration or otherwise) shall be withdrawn by the Collateral Agent on the next Business Day following the day on which the Collateral Agent considers the funds deposited therein to be collected funds and disbursed to the Borrower or its order. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for the applicable Class of Loans and, subject to Section 8.03, apply such funds to satisfy the Senior Credit Obligations of the applicable Class or Classes.

  • Failed Bank Advances means the total sums paid by the Failed Bank to (i) protect its lien position, (ii) pay ad valorem taxes and hazard insurance, and (iii) pay credit life insurance, accident and health insurance, and vendor's single interest insurance.

  • Bid Rate Loan means a loan made by a Lender under Section 2.2.

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Bid Loan has the meaning specified in Section 2.03(a).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Eurocurrency Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the Adjusted LIBO Rate in accordance with the provisions of Article II.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Offshore Rate Loan means a Loan that bears interest based on the Offshore Rate.

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • LIBO Rate Loan means a Loan bearing interest, at all times during an Interest Period applicable to such Loan, at a fixed rate of interest determined by reference to the LIBO Rate (Reserve Adjusted).

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • Wet Loan means a Purchased Loan originated and owned by the Seller immediately prior to being purchased by the Buyers:

  • CDOR Rate Loan means a Loan denominated in Canadian Dollars the rate of interest applicable to which is based on the CDOR Rate.

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • Committed Loan has the meaning specified in Section 2.01.

  • Related Loan means any loan or extension of credit to an Obligor of a Shared-Loss Loan held by the Assuming Institution at any time on or prior to the end of the Final Shared-Loss Month.