Individual Loans definition

Individual Loans means the respective loans made by each Lender pursuant to this Agreement.
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Individual Loans is defined in the recitals hereto.
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Individual Loans mean the loans to be advanced in accordance with each Loan Request Letter.
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Examples of Individual Loans in a sentence

  • The Lender may, upon request from the Borrower, in the Lender’s sole and absolute discretion upon the terms herein, make one or more Individual Loans to the Borrower from time to time during the period from the date of this Agreement up to and the Expiration Date.

  • Register / Float / Lock Individual Loans are Registered as:• Float Status (pricing and Rate Lock Expiration Date are not set)• Best Efforts Lock Status• Mandatory Lock Status (provided Seller is eligible to enter into Mandatory commitments with Arc Home) A Seller may register a loan into float status in order to obtain a loan number prior to submission for underwriting with Arc Home or an Approved Contract Underwriter.

  • The Individual Loans shall be deemed to have been made by that Lender as of the time of the remittance to the Syndicate Account.

  • Register / Float / Lock Individual Loans are Registered as: Float Status (pricing and Rate Lock Expiration Date are not set) Best Efforts Lock Status Mandatory Lock Status (provided Seller is eligible to enter into Mandatory commitments with Arc Home) A Seller may register a loan into float status in order to obtain a loan number prior to submission for underwriting with Arc Home or an Approved Contract Underwriter.

  • If any Borrower prepays the entire amount of its Individual Loan, then Borrowers must simultaneously prepay the entire amount of all of the Individual Loans.

  • DESCRIPTIONYield on Individual Loans NARRATIVEInterest and fees on domestic office loans to individuals for household, family and other personal expenditures, divided by average domestic loans to individuals for household, family, and other personal expenditures.

  • By participating in the pre-submittal meeting, the 9 applicant agrees that the mandatory review time stated in Section G5d, 10 below, does not start until the application is submitted, subject to the 11 tolling provisions of Sectionbelow G5e.

  • The Individual Loans portfolio has been considered together for the LGD computation.

  • Since 2007 the company is into Micro Finance product like Joint Liability Groups loans and Individual Loans.

  • Borrowers, Guarantor and Lender hereby wish to set forth certain agreements with respect to the Loan and the relationship between the Individual Loans, and to amend and restate the Existing Loan Agreement in its entirety.


More Definitions of Individual Loans

Individual Loans means the Tranche A Individual Loans, Tranche B Individual Loans, Tranche C Individual Loans and/or Tranche D Individual Loans.
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Individual Loans shall have the meaning set forth in Section 9.13 hereof.
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Individual Loans has the meaning given to such term in Section 5.14 hereof.
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Individual Loans means the Loan Agreements (as defined in the Individual Loan Novation Deed), and “Individual Loan” means any one of them;
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Related to Individual Loans

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

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

  • Additional Loans means any Additional Revolving Loans and any Additional Term Loans.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • 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.

  • Group III Mortgage Loans and "Group IV Mortgage Loans," respectively), formed by Wells Fargo Asset Securities Corporation (hereinafter called the "Depxxxxxr," which term includes any successor entity under the Agreement referred to below). The Trust Estate was created pursuant to a Pooling and Servicing Agreement dated as of January 30, 2008 (the "Agreement") among the Depositor, Wells Fargo Bank, N.A., as master servicer (the "Master Servicer"), axx XXBC Bank USA, National Association, as trustee (the "Trustee"), a summary of certain of the pertinent provisions of which is set forth hereinafter. To the extent not defined herein, the capitalized terms used herein have the meanings ascribed to such terms in the Agreement. This Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. Pursuant to the terms of the Agreement, a distribution will be made on the 25th day of each month or, if such 25th day is not a Business Day, the Business Day immediately following (the "Distribution Date"), commencing on the first Distribution Date specified above, to the Person in whose name this Certificate is registered at the close of business on the Record Date, in an amount equal to the product of the Percentage Interest evidenced by this Certificate and, subject to the prior rights of the Group I-A Certificates (and related Exchangeable Certificates), the Class I-A-PO Component and each Class of Group I-B Certificates bearing a lower numerical designation as specified in the Agreement, any Class I-B-3 Distribution Amount required to be distributed to Holders of the Class I-B-3 Certificates on such Distribution Date, subject to adjustment, in certain events, as specified in the Agreement. The pass-through rate on the Class I-B-3 Certificates applicable to each Distribution Date will be 6.000% per annum. The amount of interest which accrues on this Certificate in any month will be subject to reduction with respect to any Non-Supported Interest Shortfall and any Relief Act Shortfall allocated to the Class I-B-3 Certificates, as described in the Agreement. Distributions on this Certificate will be made by the Paying Agent by check mailed to the address of the Person entitled thereto, as such name and address shall appear on the Certificate Register, unless such Person has notified the Paying Agent pursuant to the Agreement that such payments are to be made by wire transfer of immediately available funds. Notwithstanding the above, the final distribution in reduction of the Principal Balance of this Certificate will be made after due notice of the pendency of such distribution and only upon presentation and surrender of this Certificate at the office or agency of the Paying Agent specified for that purpose in the notice of final distribution. Reference is hereby made to the further provisions of this Certificate set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place. This Certificate constitutes a "regular interest" in a "real estate mortgage investment conduit" as those terms are defined in Section 860G(a)(1) and Section 860D, respectively, of the Internal Revenue Code of 1986, as amended. Unless this Certificate has been countersigned by an authorized officer of the Authenticating Agent, by manual signature, this Certificate shall not be entitled to any benefit under the Agreement or be valid for any purpose.

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that such loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

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

  • Group II Mortgage Loans The Mortgage Loans identified on the Mortgage Loan Schedule as Group II Mortgage Loans.

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

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • 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.

  • Group 2 Mortgage Loans Those Mortgage Loans identified on the Mortgage Loan Schedule as Group 2 Mortgage Loans.

  • Cooperative Loans Any of the Mortgage Loans made in respect of a Cooperative Apartment, evidenced by a Mortgage Note and secured by (i) a Security Agreement, (ii) the related Cooperative Stock Certificate, (iii) an assignment of the Cooperative Lease, (iv) financing statements and (v) a stock power (or other similar instrument), and ancillary thereto, a recognition agreement between the Cooperative and the originator of the Cooperative Loan, each of which was transferred and assigned to the Trustee pursuant to Section 2.01 and are from time to time held as part of the Trust Fund.

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

  • Initial Loan is defined in Section 2.1.

  • Loan Group II The group of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group II.

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Delayed Draw Term Loan has the meaning specified in Section 2.01(b).

  • Delayed Draw Term Loan Lender means a Lender with a Delayed Draw Term Loan Commitment or an outstanding Delayed Draw Term Loan.

  • Loan Pool means: (a) in the context of a Securitization, any pool or group of loans that are a part of such Securitization; (b) in the context of a Transfer, all loans which are sold, transferred or assigned to the same transferee; and (c) in the context of a Participation, all loans as to which participating interests are granted to the same participant.