Related to Failed Loans

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.
Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.
Committed Loans means loans made pursuant to Section 2.1(a).
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.
Refinanced Loans has the meaning specified in Section 10.01.

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