Horizon Group Managed Loans definition

Horizon Group Managed Loans means all loans that are managed or serviced by Horizon or Horizon Management for Horizon or any of Horizon’s Subsidiaries or Affiliates (including the Notes Receivable).
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Examples of Horizon Group Managed Loans in a sentence

  • Permit the aggregate unpaid principal balance of Horizon Group Managed Loans with respect to which, as of the last day of any fiscal month, any payment thereunder remains outstanding and unpaid, in whole or in part, for more than sixty (60) days past the date it became due and payable, to be in excess of twelve percent (12%) of the aggregate unpaid principal balance of all Horizon Group Managed Loans as of such day.

Related to Horizon Group Managed Loans

  • Group health plan means an employee welfare benefit plan as defined in section 3(1) of subtitle A of title I of the employee retirement income security act of 1974, Public Law 93-406, 29 USC 1002, to the extent that the plan provides medical care, including items and services paid for as medical care to employees or their dependents as defined under the terms of the plan directly or through insurance, reimbursement, or otherwise.

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Group the Company and its subsidiaries