Liquidation Type definition

Liquidation Type. REO Sale 3rd Party Sale Short Sale Charge Off Was this loan granted a Bankruptcy deficiency or cramdown Yes No If “Yes”, provide deficiency or cramdown amount _______________________________
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Liquidation Type. REO Sale 3rd Party Sale Short Sale Charge Off If “Yes”, provide deficiency or cramdown amount _______________________________
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Liquidation Type. REO Sale 3rd Party Sale Short Sale Charge Off
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Examples of Liquidation Type in a sentence

  • This amount will be applied to the new annuity from the surrendered Qualified Funds Transfer or Rollover.2. Liquidation Type – Indicates if the funds being used are a Full Cash Surrender or a Partial Cash Surrender.

  • Liquidation Type is a required field.3. Transfer After Date – Date on or after which the Qualified Transfer should occur.

  • This amount will be applied to the new annuity from the surrendered 1035 Exchange.2. Liquidation Type – Select either Full Cash Surrender or a Partial Cash Surrender.3. Transfer After Date – Input the date on or after which the transfer of assets should occur.

  • Holladay Code of OrdinancesCurrent through Ordinance 2019-09, passed May 16, 2019.Title 5 – Business and License RegulationsChapter 6 – Fire and Damaged Goods Sales, Liquidation Type Sales, Swap Meets and Flea Markets, Secondhand and Junk DealersSection 5.48.330.


More Definitions of Liquidation Type

Liquidation Type. REO SALE 3RD PARTY SALE SHORT SALE CHARGE OFF WAS THIS LOAN GRANTED A BANKRUPTCY DEFICIENCY OR CRAMDOWN YES [ ] NO [ ] If "Yes", provide deficiency or cramdown amount ________________________________ LIQUIDATION AND ACQUISITION EXPENSES:
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Liquidation Type. REO Sale 3rd Party Sale Short Sale Charge Off Loan Type FHA VA Conventional Was this loan granted a Bankruptcy deficiency or cramdown Yes No Liquidation and Acquisition Expenses:
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Liquidation Type. REO Sale 3rd Party Sale Short Sale Charge Off Was this loan granted a Bankruptcy deficiency or cramdown Yes No If "Yes", provide deficiency or cramdown amount __________________________ Liquidation and Acquisition Expenses: (1)Actual Unpaid Principal Balance of Mortgage Loan $______________ (1) (2) Interest accrued at Net Rate _______________ (2) (3) Accrued Servicing Fees _______________ (3) (4) Attorney's Fees _______________ (4) (5) Taxes (see page 2) _______________ (5) (6) Property Maintenance _______________ (6) (7) MI/Hazard Insurance Premiums (see page 2) _______________ (7) (8) Utility Expenses _______________ (8) (9) Appraisal/BPO _______________ (9) (10) Property Inspections _______________ (10) (11) FC Costs/Other Legal Expenses _______________ (11) (12) Other (itemize) _______________ (12) Cash for Keys__________________________ _______________ (12) HOA/Condo Fees_________________________ _______________ (12) _______________________________________ _______________ (12) Total Expenses $______________ (13) Credits: (14) Escrow Balance $______________ (14) (15) HIP Refund _______________ (15)
Sample 1
Liquidation Type. REO Sale 3rd Party Sale Short Sale Charge Off Was this loan granted a Bankruptcy deficiency or cramdown Yes No If "Yes", provide deficiency or cramdown amount_____________________________ Liquidation and Acquisition Expenses: (1) Actual Unpaid Principal Balance of Mortgage Loan $ _______________(1) (2) Interest accrued at Net Rate _______________(2) (3) Accrued Servicing Fees _______________(3) (4) Attorney's Fees _______________(4) (5) Taxes (see page 2) _______________(5) (6) Property Maintenance _______________(6) (7) MI/Hazard Insurance Premiums (see page 2) _______________(7) (8) Utility Expenses _______________(8) (9) Appraisal/BPO _______________(9) (10) Property Inspections _______________(10) (11) FC Costs/Other Legal Expenses _______________(11) (12) Other (itemize) _______________(12) Cash for Keys ____________________ _______________(12) HOA/Condo Fees _________________ _______________(12) ________________________________ _______________(12) Total Expenses $ _______________(13) Credits (14) Escrow Balance (14) (15) HIP Refund ________________(15) (16) Rental Receipts ________________(16) (17) Hazard Loss Proceeds ________________(17) (18) Primary Mortgage Insurance / Gov't Insurance ________________(18a) HUD Part A ________________(18b) HUD Part B (19) Pool Insurance Proceeds ________________(19) (20) Proceeds from Sale of Acquired Property ________________(20) (21) Other (itemize) ________________(21) ___________________________________ ________________(21) Total Credits $ _______________(22) Total Realized Loss (or Amount of Gain) $________________(23) Escrow Disbursement Detail ______________________________________________________________________________________________________________________ Type Date Paid Period of Total Paid Base Amount Penalties Interest (Tax /Ins.) Coverage ______________________________________________________________________________________________________________________ ______________________________________________________________________________________________________________________ ______________________________________________________________________________________________________________________ ______________________________________________________________________________________________________________________ ______________________________________________________________________________________________________________________ ______________________________________________________________________________...
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Related to Liquidation Type

  • Second Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(E).

  • Liquidation Date means (a) in the case of an event giving rise to the dissolution of the Partnership of the type described in clauses (a) and (b) of the first sentence of Section 12.2, the date on which the applicable time period during which the holders of Outstanding Units have the right to elect to continue the business of the Partnership has expired without such an election being made, and (b) in the case of any other event giving rise to the dissolution of the Partnership, the date on which such event occurs.

  • Liquidation Parity Stock means any class or series of stock of the Corporation (other than the Series L Preferred Stock) that ranks equally with the Series L Preferred Stock in the distribution of assets on any liquidation, dissolution or winding up of the Corporation.

  • Liquidation Period has the meaning set forth in Section 10.6 of this Agreement.

  • First Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(D).

  • Liquidation Event means, whether in a single transaction or series of transactions, the voluntary or involuntary liquidation, dissolution or winding up of the Company or such Subsidiaries the assets of which constitute all or substantially all of the assets of the business of the Company and its Subsidiaries, taken as a whole.

  • Liquidation Price means the price at which the Trustee sells the Underlying Securities.

  • Liquidation Loss Amount With respect to any Payment Date and any Mortgage Loan that became a Liquidated Mortgage Loan during the related Collection Period, the unrecovered portion of the Principal Balance of such Mortgage Loan and any unpaid accrued interest thereon at the end of such Collection Period, after giving effect to the Net Liquidation Proceeds applied in reduction of such Principal Balance.

  • Transaction Type means the nature of the fuel transaction as defined below:

  • Cash Liquidation As to any defaulted Mortgage Loan other than a Mortgage Loan as to which an REO Acquisition occurred, a determination by the Master Servicer that it has received all Insurance Proceeds, Liquidation Proceeds and other payments or cash recoveries which the Master Servicer reasonably and in good faith expects to be finally recoverable with respect to such Mortgage Loan.

  • Liquidation Principal The principal portion of Liquidation Proceeds received with respect to each Mortgage Loan which became a Liquidated Mortgage Loan (but not in excess of the principal balance thereof) during the Prior Period.

  • Partial Liquidation Proceeds Liquidation Proceeds received by a Servicer prior to the month in which the related Mortgage Loan became a Liquidated Loan.

  • Prop Type Sr Lien: Orig Amount: P&&I: Cr. Score: Sevicer Loan Prod Code: Rem Term: Occp Code: Appr Value: Note Date: Debt Ratio: City Stat Zip Purpose: Curr Rate: CLTV: Prin Bal: Maturity Date: Lien Pos: 6566412 180 14 $99,643.00 $51,000.00 $578.06 713 0300745072 6 179 1 $121,597.00 11/09/2001 49 High Point NC 27265 02 10.950 124 $50,887.32 11/20/2016 2 6566414 180 14 $95,000.00 $30,000.00 $355.24 791 0300744828 6 179 1 $100,000.00 11/07/2001 35 Kansas City MO 64119 02 11.750 125 $29,938.51 11/15/2016 2 6566416 180 14 $32,275.00 $42,500.00 $481.72 705 0300744893 6 178 1 $65,000.00 10/18/2001 37 Hastings NE 68901 02 10.950 116 $42,311.33 10/23/2016 2 6566418 180 14 $227,050.00 $60,000.00 $663.24 680 0300744851 6 179 1 $239,000.00 11/05/2001 43 Apollo Beach FL 33572 02 10.500 121 $59,861.76 11/09/2016 2 6566420 180 14 $79,086.00 $40,900.00 $427.09 687 0300745023 6 179 1 $96,000.00 11/07/2001 32 Lenoir City TN 37772 02 9.500 125 $40,900.00 11/13/2016 2 6566422 180 14 $111,186.00 $40,000.00 $473.65 723 0300744927 6 179 1 $135,766.00 11/03/2001 47 Sheffield OH 44054 02 11.750 112 $39,835.23 11/08/2016 2 6566424 180 14 $40,351.00 $51,800.00 $555.06 722 0300744539 6 179 1 $73,795.00 11/07/2001 38 Ottawa KS 66067 02 9.950 125 $51,583.84 11/13/2016 2 6566426 180 14 $116,191.00 $75,000.00 $794.52 705 0300744745 6 179 1 $160,000.00 11/07/2001 36 Greenfield WI 53221 02 9.750 120 $74,622.69 11/13/2016 2 6566428 180 14 $53,200.00 $35,500.00 $397.94 738 0300744612 6 179 1 $72,000.00 11/07/2001 32 Columbus NE 68601 02 10.750 124 $35,420.08 11/13/2016 2 6566430 180 14 $154,825.00 $49,400.00 $546.07 692 0300744588 6 179 1 $163,450.00 11/06/2001 38 Presno CA 93720 02 10.500 125 $49,286.18 11/12/2016 2 6566432 300 14 $161,667.00 $65,000.00 $607.92 762 0300744513 8 299 1 $200,506.00 11/03/2001 38 Edgewood WA 98372 02 10.380 114 $64,954.06 11/08/2026 2 6566434 180 14 $148,689.00 $50,000.00 $560.47 717 0300744778 6 179 1 $161,250.00 11/08/2001 37 New Windsor NY 12553 02 10.750 124 $49,887.45 11/14/2016 2 6566436 180 14 $218,000.00 $35,000.00 $449.77 659 0300744752 6 179 1 $214,000.00 11/06/2001 43 Parker CO 80134 02 13.300 119 $34,938.15 11/13/2016 2 6566438 180 14 $129,500.00 $43,000.00 $488.47 689 0300744737 6 179 1 $138,000.00 11/08/2001 41 Waukee IA 50263 02 10.990 125 $42,905.34 11/14/2016 2 6566658 300 14 $138,794.00 $33,000.00 $369.08 686 0300753886 8 299 1 $138,794.00 11/05/2001 49 Westland MI 48186 02 12.880 124 $32,984.98 11/13/2026 2 6567198 301 14 $96,954.00 $37,200.00 $384.94 711 0300738812 8 299 1 $111,000.00 10/26/2001 44 Montgomery AL 36116 02 11.750 121 $37,164.25 11/01/2026 2 6567746 181 14 $111,362.00 $35,000.00 $469.05 654 0300758810 6 179 1 $128,062.00 10/20/2001 33 Keizer OR 97303 02 14.130 115 $34,942.93 11/06/2016 2 6567770 121 14 $42,548.00 $13,500.00 $191.74 701 0300738978 5 119 1 $45,000.00 10/15/2001 30 Bridgeport OH 43912 02 11.750 125 $13,432.19 11/01/2011 2 6568040 180 14 $171,000.00 $48,200.00 $570.75 701 0300739042 6 179 1 $191,029.00 11/06/2001 41 LEICESTER MA 01524 02 11.750 115 $48,100.96 11/13/2016 2 6568200 180 14 $108,608.00 $53,500.00 $659.40 690 0300764354 6 179 1 $152,178.00 11/09/2001 41 Las Vegas NV 89117 02 12.500 107 $53,397.89 11/15/2016 2 6568410 181 14 $51,550.00 $29,000.00 $359.79 707 0300742384 6 180 1 $70,000.00 11/07/2001 27 Matheson CO 80830 02 12.630 116 $29,000.00 12/01/2016 2 Page 494 of 526

  • Liquidation Distribution has the meaning specified in Section 9.4(d).

  • Liquidation Fee With respect to each Specially Serviced Loan as to which the Special Servicer receives a full or discounted pay-off (or unscheduled partial payment to the extent such prepayment is required by the Special Servicer as a condition to a workout or results from the Special Servicer’s collection and enforcement efforts) from the related Mortgagor, except as otherwise described below, with respect to any Mortgage Loan (or Serviced Whole Loan) repurchased or substituted as contemplated by Section 2.03 of this Agreement and/or any Specially Serviced Loan or any REO Property as to which the Special Servicer receives Liquidation Proceeds, Insurance Proceeds or Condemnation Proceeds, an amount calculated by the application of the applicable Liquidation Fee Rate to the related payment or proceeds (exclusive of any portion of such pay-off or proceeds that represents Penalty Charges); provided that, except as contemplated by the following provisos, no Liquidation Fee will be less than $25,000; provided, further, that the Liquidation Fee (which, if payable, shall, prior to the reduction in accordance with this proviso, be at least $25,000) with respect to any related Specially Serviced Loan or REO Property shall be reduced by the amount of any Excess Modification Fees paid by or on behalf of the related Mortgagor with respect to the Specially Serviced Loan or REO Property as described in the definition of “Excess Modification Fees” in this Agreement, but only to the extent those fees have not previously been deducted from a Workout Fee or Liquidation Fee; provided, further, that (a) the Liquidation Fee shall be zero with respect to any Mortgage Loan or Serviced Whole Loan or any Mortgaged Property purchased or repurchased pursuant to clauses (iii) through (v) of the first sentence of the definition of Liquidation Event (unless with respect to (A) clause (iii), the applicable Mortgage Loan Seller does not repurchase or substitute for such Mortgage Loan until after more than 180 days following its receipt of notice or discovery of a Material Breach or Material Document Defect, and (B) clause (v), the mezzanine loan holder or the Subordinate Companion Loan Holder does not purchase such Mortgage Loan or Serviced Whole Loan within 90 days of when the first purchase option first becomes exercisable under the related intercreditor agreement or Co-Lender Agreement, as applicable) or pursuant to clauses (ii) or (iv) of the second sentence of such definition (unless with respect to clause (iv), the mezzanine loan holder does not purchase such REO Property within 90 days of when the first purchase option first becomes exercisable) and (b) the Liquidation Fee with respect to each Mortgage Loan or REO Mortgage Loan repurchased or substituted for after more than 180 days following the Mortgage Loan Seller’s receipt of notice or discovery of a Material Breach or Material Document Defect shall be in an amount equal to the Liquidation Fee Rate of the outstanding principal balance of such Mortgage Loan or REO Mortgage Loan; provided, further, that if a Mortgage Loan or Serviced Whole Loan becomes a Specially Serviced Loan only because of an event described in clause (a)(ii) of the definition of “Specially Serviced Loan” regarding the related Mortgagor’s failure to make a Balloon Payment and the related Liquidation Proceeds are received within 90 days following the related maturity date in connection with the full and final pay-off of the related Mortgage Loan or Serviced Whole Loan, the Special Servicer will not be entitled to collect a Liquidation Fee, but may collect and retain appropriate fees from the related Mortgagor in connection with such liquidation.

  • Deemed Liquidation means a liquidation of the Company that is deemed to occur pursuant to Treas. Reg. Section 1.708-1(b)(1)(iv) in the event of a termination of the Company pursuant to section 708(b)(1)(B) of the Code.

  • Liquidation Profits As to any Distribution Date and any Mortgage Loan that became a Liquidated Loan during the Applicable Unscheduled Principal Receipt Period with respect to Full Unscheduled Principal Receipts for such Distribution Date, the excess, if any, of (i) Net Liquidation Proceeds in respect of such Liquidated Loan over (ii) the unpaid principal balance of such Liquidated Loan plus accrued interest thereon in accordance with the amortization schedule at the time applicable thereto at the applicable Net Mortgage Interest Rate from the Due Date to which interest was last paid with respect thereto through the last day of the month preceding the month in which such Distribution Date occurs.

  • Liquidation means the distributions of the Trust Account to the Public Shareholders in connection with the redemption of Ordinary Shares held by the Public Shareholders pursuant to the terms of the Company’s Amended and Restated Memorandum and Articles of Association, as amended, if the Company fails to consummate a Business Combination.

  • Excess Liquidation Proceeds To the extent that such amount is not required by law to be paid to the related Mortgagor, the amount, if any, by which Liquidation Proceeds with respect to a Liquidated Mortgage Loan exceed the sum of (i) the Outstanding Principal Balance of such Mortgage Loan and accrued but unpaid interest at the related Mortgage Interest Rate through the last day of the month in which the related Liquidation Date occurs, plus (ii) related Liquidation Expenses.

  • Liquidation Trust means the trust created pursuant to the Liquidation Trust Agreement on the Effective Date in accordance with the Plan, the Confirmation Order and the Liquidation Trust Agreement.

  • Net Liquidation Percentage means the percentage of the book value of Borrowers’ Inventory that is estimated to be recoverable in an orderly liquidation of such Inventory net of all associated costs and expenses of such liquidation, such percentage to be as determined from time to time by an appraisal company selected by Agent.

  • Liquidation Fees shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Liquidation Report The report with respect to a Liquidated Mortgage Loan in such form and containing such information as is agreed to by the Servicer and the Trustee.

  • Subordinate Liquidation Amount For any Distribution Date and each Loan Group, the excess, if any, of the aggregate Liquidation Principal of Mortgage Loans related to that Loan Group which became Liquidated Mortgage Loans during the prior calendar month over the related Senior Liquidation Amount for that Distribution Date.

  • Net Liquidation Proceeds With respect to any Liquidated Mortgage Loan or any other disposition of related Mortgaged Property (including REO Property) the related Liquidation Proceeds net of Advances, Servicing Advances, Servicing Fees and any other accrued and unpaid servicing fees received and retained in connection with the liquidation of such Mortgage Loan or Mortgaged Property.