Exchanged Loans definition

Exchanged Loans means each Existing Loan outstanding on the Restatement Effective Date (or portion thereof) held by a Rollover Lender on the Restatement Effective Date immediately prior to the extension of credit hereunder on the Restatement Effective Date and as to which the Rollover Lender thereof has consented to exchange into a Loan under this Agreement and the Administrative Agent has allocated into a Loan under this Agreement
Sample 1Sample 2Sample 3
Exchanged Loans has the meaning specified in Section 2.3.
Sample 1Sample 2
Exchanged Loans. A Mortgage Loan or Mortgage Loans that are exchanged for a Qualified Substitute Loan or Qualified Substitute Loans, in each case, in a transaction with a third party or MBC and subject to the conditions and limitations described in this Indenture.
Sample 1Sample 2

Examples of Exchanged Loans in a sentence

  • The cancellation, termination and extinguishment of the Exchanged Loans as set forth herein by the Exchanging Lender shall be made against delivery to the Note Purchaser, of one or more definitive certificates representing the Additional Securities (the “Definitive Notes”).

  • All written and online content shall be provided in both English and Spanish.

  • The Issuer and the Guarantors will do and perform all things required or necessary to be done and performed under this Agreement by them, and to satisfy all conditions precedent to the Exchanging Lender’s obligations hereunder to cancel, terminate or otherwise extinguish the Exchanged Loans and the Note Purchaser’s obligations hereunder to accept and hold the Additional Notes.

  • Subject to the terms and conditions set forth herein, each Rollover Lender severally agrees to exchange its Exchanged Loans for a like principal amount of Loans on the Restatement Effective Date.

  • Subject to the terms and conditions set forth herein and, with respect to the Exchanged Loans, the Note Purchase Agreement, each Initial Lender, severally and not jointly, agrees to make Loans to the Borrower, in Dollars, on the Closing Date in an amount equal to the Commitment of such Initial Lender to make such Loans and as provided further in Section 2.3 below.

  • Each Additional Term Lender will make its New Term Loans that cannot be made pursuant to an exchange for Exchanged Loans of such Lender by transferring the amount thereof to the Administrative Agent on the Amendment Effective Date in the manner contemplated by Section 2.06 of the Credit Agreement.

  • The parties acknowledge that any break funding or similar costs incurred by the Exchanging Lender attributable to the cancellation, termination or extinguishment of the Exchanged Loans pursuant to this Agreement shall not be payable by the Issuer.

  • No Loans conveyed to the Depositor by the Issuer directly in connection with a Renewed Loan Replacement will constitute Exchanged Loans and no Loans reassigned to the Depositor by the Issuer in connection with a Renewed Loan Repurchase will constitute Released Loans.

  • If you have any questions about this Privacy Policy, please contact us: By email: dpatton@stroudandcompany.com.

  • Except as expressly set forth herein, nothing herein contained shall be construed as a substitution or novation of the Loans outstanding under the Existing Credit Agreement (other than the Exchanged Loans and the Prepaid Loans), which shall remain outstanding under the Existing Credit Agreement, as amended hereby, after the Effective Date.


More Definitions of Exchanged Loans

Exchanged Loans shall have the meaning assigned to such term in Section 5.
Sample 1
Exchanged Loans means each Existing Loan (or portion thereof) as to which the Lender thereof has consented to exchange into a B-1 Loan and the Amendment No. 1 Lead Arranger has allocated into a B-1 Loan.
Sample 1
Exchanged Loans shall refer to the stated principal amount of the Submitted Loans of any Participating Lender actually exchanged for Holdings Common Stock after giving effect to any Required Allocations.
Sample 1
Exchanged Loans shall have the meaning assigned to such term in Section 2.02(a).
Sample 1

Related to Exchanged Loans

  • Purchased Loans means, with respect to each Purchase Agreement, the Loans offered for sale and purchased or substituted pursuant to such Purchase Agreement.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Replacement Loans has the meaning specified in Section 10.01.

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

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

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Purchased Mortgage Loans means the collective reference to Mortgage Loans together with the Repurchase Assets related to such Mortgage Loans transferred by Seller to Buyer in a Transaction hereunder, listed on the related Mortgage Loan Schedule attached to the related Transaction Request, which such Mortgage Loans the Custodian has been instructed to hold pursuant to the Custodial Agreement.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Permitted Loans means:

  • Group 3 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 3 Mortgage Loans.

  • Student Loans means education loans to students and parents of students under the Federal Family Education Loan Program.

  • PMI Mortgage Loans The list of Mortgage Loans insured by the PMI Insurer attached hereto as Schedule II.

  • Eligible Loans has the meaning specified in any of the Purchase Agreements or the Sale Agreement, as applicable.

  • 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.

  • 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).

  • 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.

  • EMC Mortgage Loans Those Mortgage Loans serviced by the Company pursuant to the terms of this Agreement.

  • Group 1 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 1 Mortgage Loans.

  • Repurchased Loan has the meaning set forth in Section 2.3(a).

  • Cooperative Loans Any of the Mortgage Loans made in respect of a Cooperative Apartment, evidenced by a Mortgage Note and secured by (i) a Security Agreement, (ii) the related Cooperative Stock Certificate, (iii) an assignment of the Cooperative Lease, (iv) financing statements and (v) a stock power (or other similar instrument), and ancillary thereto, a recognition agreement between the Cooperative and the originator of the Cooperative Loan, each of which was transferred and assigned to the Trustee pursuant to Section 2.01 and are from time to time held as part of the Trust Fund.

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

  • Home Equity Loans means loans or funded portions of lines of credit secured by mortgages on one-to four-family residences or stock of cooperative housing associations, where the Failed Bank did not have a first lien on the same property as collateral.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage 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.

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