Eligible Conforming Mortgage Loan means a Mortgage Loan with respect to which each of the following statements is true and correct:
Eligible Conforming Mortgage Loan means an Eligible Mortgage Loan which: (i) is a Conforming Mortgage Loan; and (ii) is subject to an Approved Investor Commitment.
Eligible Conforming Mortgage Loan. Eligible Mortgage-Backed Security," "Eligible Mortgage Loan," "Eligible Non-Conforming Mortgage Loan," "Eligible REO Property" or "Eligible Servicing Receivable" (or any definitions contained in such definitions), or the number or identity of Lenders that is required for any or all of the Lenders to take any action hereunder, (vi) release the Lien of the Secured Parties on any of the Collateral, except as provided in the Security Agreements or (vii) amend this Section 8.2 or Section 8.6; (b) no amendment, waiver or consent shall, unless in writing and signed by the Agent, affect the rights or duties of the Agent under this Agreement or any other Loan Document; and (c) no amendment, waiver or consent shall, unless in writing and signed by Bankers Trust, amend, waive or modify Section 2.1(e) or Section 2.4(c), (d) or (e) or otherwise affect the rights or obligations of Bankers Trust with respect to Swing-Line Loans and Acceptances.
Examples of Eligible Conforming Mortgage Loan in a sentence
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More Definitions of Eligible Conforming Mortgage Loan
Eligible Conforming Mortgage Loan or meets the requirements set forth in subparagraphs (b) and (c) of the definition of “Eligible Non-Conforming Mortgage Loan”;
Eligible Conforming Mortgage Loan means a Mortgage Loan with --------------------------------- respect to which each of the following is accurate and complete (and the Company by including said Mortgage Loan in any computation of the Collateral Value of the Borrowing Base shall be deemed to so represent and warrant to the Administrative Agent, the Collateral Agent and the Lenders at and as of the date of such computation):
Eligible Conforming Mortgage Loan. Eligible Gestation Mortgage Loan," "Eligible Mortgage-Backed Security,"
Eligible Conforming Mortgage Loan means a Mortgage Loan with --------------------------------- respect to which each of the following statements is true and correct:
(a) such Mortgage Loan is an Eligible Mortgage Loan;
(b) such Mortgage Loan is insured by the FHA or guaranteed by the VA (or there exists a binding commitment to issue such insurance or guaranty subject to the satisfaction of customary conditions), and/or fully conforms to all underwriting and other requirements of FNMA or FHLMC; provided, however, if the initial principal amount of such Mortgage Loan is greater than the then applicable principal amount loan limit for Mortgage Loans conforming to the underwriting and other requirements of FNMA or FHLMC, such Mortgage Loan nevertheless will be deemed to be an Eligible Conforming Mortgage Loan if it otherwise meets all other criteria for "A" Mortgage Loans, is covered by an Investor Commitment and the initial principal amount thereof, if underwritten by Borrower, does not exceed $650,000.00 or, if the initial principal amount thereof exceeds $650,000.00, such Mortgage Loan has been underwritten and approved by the Approved Investor under such Investor Commitment;
(c) such Mortgage Loan is covered by an Investor Commitment that is in full force and effect and pledged to Lender hereunder, and Borrower and such Mortgage Loan are in full compliance therewith; and
(d) such Mortgage Loan is not an Eligible Gestation Mortgage Loan.
Eligible Conforming Mortgage Loan means an Eligible Mortgage Loan which: (i) is a Conforming Mortgage Loan; (ii) is subject to an Approved Investor Commitment; (iii) has been included in Collateral for 180 days or less since the Pledge Date of such Mortgage Loan; and (iv) has been originated less than 120 days prior to its Pledge Date.
Eligible Conforming Mortgage Loan. Eligible HELOC Loan", "Eligible Jumbo Mortgage Loan", "Eligible Non-Agency Mortgage Loan", "Eligible Sub-Prime Mortgage Loan" or "Eligible Security".
Eligible Conforming Mortgage Loan and (c) such Mortgage Loan is not an Eligible Gestation Mortgage Loan."