Fixed Loan definition

Fixed Loan means a fixed-rate loan made to a Collateral Pool Borrower each of which is or shall be evidenced by a Fixed Loan Note.
Fixed Loan means the loan in the amount of $420,000,000 evidenced by the Fixed Note, plus such amount as Borrower may elect to convert to a Fixed Loan in accordance with Section 1.05. * Indicates material that has been omitted and for which confidential treatment has been requested. All such omitted material has been filed with the Securities and Exchange Commission pursuant to Rule 406 promulgated under the Securities Act of 1933, as amended.
Fixed Loan means a term loan, that you have agreed in writing will be secured by the mortgage, advanced by us in a specific amount that is repaid in regular payments over a set period of time. A fixed loan may be a fixed rate loan or an adjustable rate loan.

Examples of Fixed Loan in a sentence

  • Fixed Loan Rate: The Agency assigns to each loan a fixed loan rate at the time a loan is made to the participant.

  • You can either avail of a Variable Loan to Value Rate or a Fixed Loan to Value Rate.

  • Such change would include reviewing or amending the Fixed Loan or other terms of this Contract.

  • If the Lender makes a new agreement with another borrower or person, corporation or entity who is obligated to pay the Fixed Loan or any part of the Indebtedness, the Borrower will not be released from the Borrower’s obligations under this Contract, even if the Borrower does not sign or is not advised of such new agreement.

  • The Fixed Loan, and if renewed each renewal term, is closed to prepayment except as described in this Contract.

  • The amount of any Funding Losses paid by Borrower to Agent in connection with a prepayment of any portion of a Fixed Loan shall be distributed to the Syndication Parties in accordance with their respective Syndication Shares no later than the same Business Day that payment of such Funding Losses is received by Agent, if received no later than 11:00 Central time, or the next Business Day if received by Agent thereafter.

  • GGEA pledged land with building in the name of the Company, its parent entity covering an area of3.57 hectare located in Sumur Batu Village, Babakan Madang Sub-District, Bogor Regency, West Java Province (Note 9).On 20 February 2023, based on letter No. 0026/Pers/AOD/I/2023, PT Bank Mayapada International Tbk agreed to extend the maturity of Fixed Loan On Demand I (PTX-OD I) owned by PT Gunung Geulis Elok Abadi, a subsidiary, until 20 December 2023.

  • No Fixed Loan shall be made as a result of a decrease in the Loan to Value Ratio or an increase in the Debt Service Coverage Ratio of any Mortgaged Property.

  • Without limiting the generality of subsection (a), Borrower shall comply with the reasonable requirements of Lender to enable Lender to sell the MBS backed by a Fixed Loan.

  • Insured's Sex and Issue Age M-35 Insured XXXX XXX XX XXX XXX Policy Number Face Amount $50,000-- SEP 10, 1988 Contract Date Premium Period LIFE Beneficiary CLASS 1 XXXX XXX, WIFE CLASS 2 XXXXXX XXX, SON Fixed Loan Interest Rate LIST OF CONTRACT MINIMUMS The minimum unscheduled premium is $25.


More Definitions of Fixed Loan

Fixed Loan means a loan
Fixed Loan has the meaning set forth in Section 2.1.1.
Fixed Loan means the fixed loan made by Lender to the Borrower on the Initial Closing Date in the initial principal amount of $328,333,000, an Additional Loan which is a fixed loan, each of which shall be evidenced by a Fixed Loan Note, and a Loan which has been converted from a Variable Loan to a Fixed Loan, as evidenced by an amendment to the applicable Note.
Fixed Loan in Part V I means a loan on mort­ gage granted for a fixed term of years during which interest only is payable.
Fixed Loan means a Loan the interest related to which has been switched to a Fixed Rate pursuant to Clause 8.5 (Interest Switch Option).

Related to Fixed Loan

  • Fixed Rate Mortgage Loan A fixed rate mortgage loan purchased pursuant to this Agreement.

  • 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.

  • Collateral Loan means a loan, debt obligation, debt security or participation therein acquired by the Borrower.

  • Adjustable Rate Mortgage Loan A Mortgage Loan serviced pursuant to this Agreement under which the Mortgage Interest Rate is adjusted from time to time in accordance with the terms and provisions of the related Mortgage Note.

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

  • 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.

  • LPMI Loan A Mortgage Loan with a LPMI Policy.

  • 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.

  • CD Loan means a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • 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.

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

  • Mortgage Rate Caps With respect to an Adjustable Rate Mortgage Loan, the Periodic Mortgage Rate Cap, the Maximum Mortgage Rate, and the Minimum Mortgage Rate for such Mortgage Loan.

  • MERS Eligible Mortgage Loan Any Mortgage Loan that has been designated by the Servicer as recordable in the name of MERS.

  • 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.

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

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Loan Interest Rate means, as to any Loan, the annual rate of interest specified in the Loan.

  • Fixed Rate Loan means a Competitive Loan bearing interest at a Fixed Rate.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • Debt Service Reduction Mortgage Loan Any Mortgage Loan that became the subject of a Debt Service Reduction.

  • Eligible Mortgage Loan means a Mortgage Loan (including a Wet Funded Loan) with respect to which each of the following statements shall be accurate and complete (and Borrower, by including such Mortgage Loan in any computation of the Borrowing Base, shall be deemed to so represent and warrant to the Lenders as of the date of such computation):

  • Designated loan means a loan se- cured by a building or mobile home that is located or to be located in a special flood hazard area in which flood insurance is available under the Act.

  • Related Loan means any loan or extension of credit to an Obligor of a Shared-Loss Loan held by the Assuming Institution at any time on or prior to the end of the Final Shared-Loss Month.

  • Non-MERS Eligible Mortgage Loan Any Mortgage Loan other than a MERS Eligible Mortgage Loan.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which Seller is selling to Buyer simultaneously with the origination thereof.

  • Term Loan Interest Rate means for any day a per annum rate of interest equal to the greater of (i) (a) the prime rate as reported in The Wall Street Journal, plus (b) 5.90%, and (ii) 9.15%.