EMC Flow Loans definition

EMC Flow Loans. The Mortgage Loans purchased by EMC pursuant to a flow loan purchase agreement. MERS: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.
EMC Flow Loans. The Mortgage Loans purchased by EMC pursuant to a flow loan purchase agreement. Fitch: Fitch Ratings, or its successor in interest. Master Servicer: EMC Mortgage Corporation. MERS: Mortgage Electronic Registration Systems, Inc., a corporation organized and existing under the laws of the State of Delaware, or any successor thereto.

Related to EMC Flow Loans

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • First Lien Term Loans means the “Term Loans” as defined in the First Lien Credit Agreement.

  • Bridge Loans means the “Loans” as defined in the Bridge Credit Agreement.

  • Replacement Loans has the meaning specified in Section 10.01.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • Revolving Loans as defined in Section 2.4(a).

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • Second Lien Term Loans means the “Term Loans” under and as defined in the Second Lien Credit Agreement.

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

  • Tranche B Term Loans means the Loans made by Lenders to Company pursuant to subsection 2.1A(ii).

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that such loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.