HUD Loans definition

HUD Loans means the mortgage loan(s) made by XXX Xxxxxx and insured or held by HUD with respect to the Facility.
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HUD Loans means those certain mortgage loans insured by the U.S. Department of Housing and Urban Development, secured by certain of the Facilities.
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HUD Loans has the meaning assigned to such term in Section 6.1(z).
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Examples of HUD Loans in a sentence

  • HUD Loans shall bear interest in accordance with the terms set forth in Section 2.13 hereof.

  • MDSB is in the midst of acquiring a piece of land measuring 3 acres in Rawang for RM6.53m, out of which RM3.27m has been settled by MDSB.

  • As the servicer for the HUD Loans, Ocwen is responsible for the collection of the payments due from borrowers and the payment of certain costs incurred in connection with the operation and maintenance of real estate owned properties.

  • Because many of the mortgage loan borrowers are either not current as to principal and interest payments or there is doubt as to their ability to pay in full the contractual principal and interest, the LLC estimated the amounts expected to be realize through foreclosure, collection efforts or other resolution of each HUD loan and the length of time required to complete the collection process in determining the amount it bid to acquire the HUD Loans.

  • Any remaining principal and unpaid interest under the HUD Loans shall be due and payable on the Maturity Date.

  • If the attention mea- sure used above misidentified attention as the sensitivity of firms’ profits to macroeconomic conditions, then supposedly attentive firms would perform better in response to a positive shock and suffer larger losses in response to a negative shocks.

  • Lender hereby agrees, notwithstanding anything to the contrary set forth in the Credit Agreement, that all fees (other than the fee set forth in Section 5 below) and regularly scheduled payments of principal and interest in respect of the Growth Loans and the HUD Loans shall be deferred until the last day of the Forbearance Period, at which time, all such amounts shall be due and payable in full.

  • The foregoing requirements related to advance funding and yield maintenance premiums shall apply to any prepayment of the HUD Loans, regardless if such prepayment is voluntary, mandatory or required in connection with an acceleration of the Loans or otherwise.

  • Proceeds from the sale of securities resulting from the securitization of 9,825 HUD Loans in October, 1996 and additional capital contributions by the Partners were used to fully repay the note payable in 1996.

  • FHA Lender agrees to apply amounts so received on account of Current Impositions toward payment of Owner’s monthly debt service obligation under the HUD Loan(s) and to fund applicable escrow and reserve requirements, with the balance (if any) remaining of the payment so collected, if any, to be remitted by FHA Lender to Owner promptly after receipt by FHA Lender.


More Definitions of HUD Loans

HUD Loans means the three (3) HUD loans which currently encumber: (a) Batesville Healthcare Center, (b) Broadway Healthcare Center and (c) Xxxxxx Healthcare Center.
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Related to HUD Loans

  • 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.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Bank Loans means debt obligations (including, without limitation, term loans, revolving loans, debtor-in-possession financings, the funded and unfunded portion of revolving credit lines and letter of credit facilities and other similar loans and investments including interim loans and senior subordinated loans) which are generally under a syndicated loan or credit facility.

  • Revolving Loans as defined in Section 2.4(a).

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Offered Loans has the meaning specified in Section 2.05(d)(iii).

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Refinancing Loans means any Refinancing Term Loans or Refinancing Revolving Loans.

  • Swing Loans means collectively and “Swing Loan” shall mean separately all Swing Loans or any Swing Loan made by the Swingline Lender to the Borrower pursuant to Section 2.6.3 [Making Swing Loans].

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • New Revolving Loans as defined in Section 2.25.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Senior Loans means the term loans made by the Senior Lenders to the Borrower pursuant to the Senior Term Loan Agreement.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • LIBOR Rate Loans means the Loans bearing interest with reference to the LIBOR Rate.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.