Designated Loans definition

Designated Loans means any Receivable with an APR below the Required Rate, as listed on Exhibit F.
Designated Loans has the meaning set forth in Section 2.06(c).

Examples of Designated Loans in a sentence

  • Determining When Certain Loans Are Designated Loans for Which Flood Insurance Is Required Under the Act and RegulationInsurable value.

  • As a result, the Designated Loans do not meet the derecognisation requirements and are therefore recognized in the financial statements even though they have been legally sold.

  • Under the current arrangement, all the Designated Loans sold are for a maturity period of not more than 12 months.

  • Under this arrangement, the Trust purchases the Designated Loans from BRAC and in turn, finances the purchase of the Designated Loans by issuing asset backed securities.

  • Apart from the sale of the Designated Loans, BRAC is also obligated to ensure that collateral represented by other microfinance loan receivables (“Collateral Loans”) valued at not less than 50% of the Designated Loan outstanding balance, is maintained as additional security for the financing arrangement.


More Definitions of Designated Loans

Designated Loans means, for any Master Commitment, the Loan or Loans funded under each Designated Delivery Commitment.
Designated Loans. The Mortgage Loan listed in Exhibit M hereto.
Designated Loans has the meaning assigned to such term in Section 1.11(e).
Designated Loans shall have the meaning set forth in Section 7.1.1.
Designated Loans a Lender (a “Designating Lender”) may at any time and from time to time designate (by written notice to the Agents and the Parent Borrower) (i) a substitute office from which it will make Designated Loans (a “Substitute Facility Office”) or (ii) nominate an Affiliate to act as the Lender of Designated Loans (a “Substitute Affiliate Lender”). In furtherance of the foregoing:
Designated Loans means the Transferred Loans and the Put Option Loans. For all purposes under this Agreement, to the extent that, at any time prior to the Closing Date, a Designated Loan is refinanced, amended, extended, or otherwise modified by Seller, such refinanced, amended, extended or modified loan shall constitute a Designated Loan of the same type (whether a Transferred Loan or a Put Option Loan) as the type specified on the date hereof, regardless of whether the account number or other identifying information has been changed or modified and including without limitation any Designated Loan that has reached maturity.
Designated Loans has the meaning specified in Section 10.28(a).