GNMA Pool definition

GNMA Pool means the assemblage of Mortgage Loans backing the issuance of GNMA Certificates.
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GNMA Pool means a Mortgage Pool held in connection with a GNMA Certificate. The term “GNMA Pool” shall include Mortgage Pools consisting of Mortgage Loans.
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GNMA Pool shall include Mortgage Pools consisting of Mortgage Loans.
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Examples of GNMA Pool in a sentence

  • The provisions hereof shall survive the termination of this Agreement and payment of the outstanding Loans and GNMA Pool Advance Loans and all other Obligations.

  • The provisions hereof shall survive termination of this Agreement and payment of the outstanding Loans and GNMA Pool Advance Loans and all other Obligations.

  • The Company shall pay interest on GNMA Pool Advance Loans from the date advanced to but not including the date of payment calculated at such rates and at such times as may be established in writing from time to time by the Company and the GNMA Pool Advance Lender.

  • Any failure to record the advance of any Loan or GNMA Pool Advance Loan, the interest rate applicable thereto or any other information regarding the Obligations, or any error in doing so, shall not limit or otherwise affect the obligation of the Company with respect to any of the Obligations.

  • Nothing contained herein shall affect the liability of any Lender for its failure to make its Multi-Year Facility Percentage Share of Multi-Year Loans or its Short Term Facility Percentage Share of Short Term Loans or its other Loans or GNMA Pool Advance Loans available to the Company as required pursuant to this Agreement and the other Credit Documents.

  • If such Lender shall repay to the Managing Administrative Agent such corresponding amount, such amount so repaid shall constitute such Lender’s Multi-Year Facility Percentage Share or Short Term Facility Percentage Share, as applicable, of the subject Loan or, as applicable, the other subject Loans or the subject GNMA Pool Advance Loans for all purposes of the Credit Documents.

  • On the terms and subject to the conditions set forth in the GNMA Pool Advance Agreement, the GNMA Pool Advance Lender agrees that it shall, from time to time to but not including the Multi-Year Facility Maturity Date, make loans (the "GNMA Pool Advance Loans" or a "GNMA Pool Advance Loan") to the Company in an aggregate amount not to exceed the GNMA Pool Advance Commitment.

  • The proceeds of the GNMA Pool Advance Loans shall be used solely for the purpose of fulfilling the Company’s obligations to GNMA as described in the GNMA Pool Advance Agreement.

  • Except for a request for a Negotiated Loan or a Swing Loan made after 10:00 a.m. (Los Angeles time) on a given date, only one consolidated Loan Request, Interest Rate Election and Payoff Notice requesting Loans and/or GNMA Pool Advance Loans shall be submitted to the Managing Administrative Agent on any date.

  • Except for a request for a Negotiated Loan or a Swing Loan made after 10:00 a.m. (Los Angeles time) on a given date, only one consolidated Loan Request, Interest Rate Election and Payoff Notice requesting Loans and/or GNMA Pool Advance Loans shall be submitted to the Credit Agent on any date.


More Definitions of GNMA Pool

GNMA Pool means a pool of Conforming FHA/VA Mortgages certified to the GNMA Transfer Agent under HUD Form 11706 with respect to which a GNMA Certificate shall be issued.
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GNMA Pool means the assemblage of Mortgage Loans b acking the issuance of GNMA Certificates.
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GNMA Pool means the assemblage of Xxxx xxxx Loan s backing the issu ance of GNMA Cer t ificat es. "Inden tur e" m ean s the Xxxx xx Inden ture as it may be supplemented by any one or more Supplemental Indentures from t ime to time.
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Related to GNMA Pool

  • Pool means a voluntary arrangement, established on an ongoing basis, pursuant to which two or more insurers participate in the sharing of risks on a predetermined basis. The pool may operate through an association, syndicate, or other pooling agreement.

  • Asset Pool means a pool of cash-flow generating assets in which an issuer of a securitized product has a direct or indirect ownership or security interest;

  • Net Receivables Pool Balance means, at any time of determination: (a) the aggregate Outstanding Balance of all Eligible Receivables then in the Receivables Pool, minus (b) the Excess Concentration.

  • Receivables Pool means, at any time of determination, all of the then outstanding Receivables transferred (or purported to be transferred) to the Borrower pursuant to the Purchase and Sale Agreement prior to the Termination Date.

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

  • Wave pool means a swimming pool of special shape and design which is provided with wave-generating equipment.