Insider loan definition

Insider loan means an extension of credit to an insider. For purposes of this paragraph, “extension of credit” includes, without limitation, a new loan or a loan renewal, a line of credit or any other financial right structured in any manner and granted by a mortgage banker as a means for the borrower to defer payment on an existing debt or to incur a debt and defer immediate payment.
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Insider loan has the meaning set forth in Section 6.22(b).
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Insider loan shall have the meaning set forth in Section 4.15(f) hereof.
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Examples of Insider loan in a sentence

  • New Rule Original Filing Yes No 1301:1-3-04 Insider loans.Rescission Original Filing Yes Yes 1301:1-3-05 Insider loan reporting.

  • Aborigines as Captives of the Archives,” Aboriginal History 13, no.

  • Ho4: Insider loan does not significantly influence audit quality.

  • Insider loan to persons with influence over an MFI’s governance or management.


More Definitions of Insider loan

Insider loan means an extension of credit to an insider
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Insider loan means any Loan that is subject to the restrictions and requirements of Regulation O of the Federal Reserve or Section 23A or 23B of the Federal Reserve Act.
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Insider loan means an extension of credit to an insider. For purposes of this paragraph, “extension of credit” includes, without limitation, a new loan or a loan renewal, a line of credit or any other financial right structured in any manner and granted by a mortgage banker as a means
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Related to Insider loan

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Term SOFR Loan means a Committed Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Swing Loan Note means the Swing Loan Note of the Borrower in the form of Exhibit 1.1(N)(2) evidencing the Swing Loans, together with all amendments, extensions, renewals, replacements, refinancings or refundings thereof in whole or in part.