Financed Loan definition

Financed Loan. Borrower shall immediately electronically endorse the Financed Loan Note or Financed Loan Notes to Administrative Agent, for the ratable benefit of the Lenders, and to each Lender, using the Standard Assignment Forms.
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Financed Loan has the meaning set forth in Section 2.1.1(a).
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Financed Loan means an Eligible Loan or Participation Interest sold to the Issuer pursuant to the Loan Purchase Agreement.
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Examples of Financed Loan in a sentence

  • Loan funds will be used for the following purpose(s): Purchase / Refinance Amt: $ Financed Loan Closing Costs: $ Repairs/Other: $ Guarantee Fee: $ Total Request: $ 0.00 According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid OMB control number.

  • Purchase/Refinance Amount: Financed Loan Closing Costs: Repairs/ Other: Guarantee Fee: Total Request: According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid OMB control number.

  • Loan funds will be used for the following purpose(s): Purchase / Refinance Amt: $Financed Loan Closing Costs: $Repairs/Other : $Guarantee Fee: $Total Request: $ 0.00 According to the Paperwork Reduction Act of 1995, an agency may not conduct or sponsor, and a person is not required to respond to, a collection of information unless it displays a valid OMB control number.

  • Upon the provision of any Seller Financed Loan, the Manager must, or must cause the Company to, promptly deliver each original promissory note (with each Seller Financed Loan being duly evidenced by one or more original promissory notes) and the other original Seller Financed Loan documents to the Custodian.

  • This is the amount you owe us on the Date of Advance, including any fees we charge you on that date Amount Financed Loan Establishment Fee Lender's Mortgage Insurance Premium Fee Amount Financed (Maximum Amount) Total Interest Total Amount Payable Term: First payment date: Final payment date: Schedule of Payments: You are required to make each payment of the amount specified and as stated in the Payment Frequency.

  • Also on July 19, 2018, Amerigroup filed its Petition with this Court.

  • Purchase/Refinance Amount: Financed Loan Closing Costs: Repairs/ Other: Guarantee Fee: Total Request: A federal agency may not conduct or sponsor, and a person is not required to respond to, nor shall a person be subject to a penalty for failure to comply with a collection of information subject to the requirements of the Paperwork Reduction Act unless that collection of information displays a currently valid OMB Control Number.

  • Each Financed Loan shall have priority of payment, collection and enforcement over any other amounts secured or to be secured by this Mortgage.

  • The interest that will accrue between the Loan Advance Date and the First Payment Date is shown as item 9 in the Loan Disclosure Statement, and that amount will be retained by us and has been added to the Total Amount Financed (Loan Balance), meaning that compound interest is charged on this Partial Month Interest amount.

  • If any Financed Loan is found to have been subject to a Lien at the time such Financed Loan was acquired, the Issuer shall cause such Lien to be released.


More Definitions of Financed Loan

Financed Loan means the portion of a Borrower Member Loan financed by a Growth Capital Advance or Supplemental Growth Capital Advance and evidenced by a Financed Loan Note, including without limitation, Existing Financed Loans.
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Related to Financed Loan

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Refinanced Mortgage Loan A Mortgage Loan the proceeds of which were not used to purchase the related Mortgaged Property.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Eligible Loan means a Loan offered for sale or substituted by Seller under a Sale Agreement which as of the Statistical Cutoff Date, in the case of the Initial Loans, or as of the related Subsequent Cutoff Date, in the case of any Additional Loan or Substituted Loan, is current or not more past due than permitted under such Sale Agreement in payment of principal or interest and which meets the following criteria as of the Statistical Cutoff Date, in the case of the Initial Loans, or as of the effective date of the related Xxxx of Sale, in the case of any Additional Loan or Substituted Loan:

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

  • Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.

  • Mortgage Loan shall have the meaning assigned to such term in the recitals.

  • PPP Loan has the meaning set forth in Section 3.28.

  • Serviced Loan A Serviced Mortgage Loan or Serviced Companion Loan.

  • Loan Asset means each commercial loan identified on Schedule A hereto, and each commercial loan identified on any Purchase Notice.

  • Forgivable loan means a loan made to an eligible resident pursuant to the requirements of this chapter.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Buydown Mortgage Loan Any Mortgage Loan as to which a specified amount of interest is paid out of related Buydown Funds in accordance with a related buydown agreement.

  • Whole Loan As defined in the Introductory Statement.

  • Wet Loan means a wet-funded first or second lien Mortgage Loan which is underwritten in accordance with the Underwriting Guidelines and does not contain all the required Mortgage Loan Documents in the Mortgage File.

  • Secured Loan has the meaning specified in Section 2(e) hereof.

  • Purchased Loan A motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by CAC or a subsidiary from such Dealer and evidenced by a motor vehicle retail installment sales contract.

  • LPMI Loan A Mortgage Loan with a LPMI Policy.

  • Servicing Advances All customary, reasonable and necessary "out of pocket" costs and expenses incurred in the performance by the Master Servicer of its servicing obligations, including, but not limited to, the cost of (i) the preservation, restoration and protection of a Mortgaged Property, (ii) any expenses reimbursable to the Master Servicer pursuant to Section 3.11 and any enforcement or judicial proceedings, including foreclosures, (iii) the management and liquidation of any REO Property and (iv) compliance with the obligations under Section 3.09.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • Eligible Mortgage Loan means, on any date of determination, a Mortgage Loan:

  • Covered Loan A Mortgage Loan categorized as Covered pursuant to Appendix E of Standard & Poor's Glossary.

  • CD Loan means (i) a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election or (ii) an overdue amount which was a CD Loan immediately before it became overdue.

  • student loan means a loan towards a student's maintenance pursuant to any regulations made under section 22 of the Teaching and Higher Education Act 1998, section 73 of the Education (Scotland) Act 1980 or Article 3 of the Education (Student Support) (Northern Ireland) Order 1998 and includes, in Scotland, a young student's bursary paid under regulation 4(1)(c) of the Students’ Allowances (Scotland) Regulations 2007.