Loan Loss Reserves definition
Loan Loss Reserves means funds held by the Seller to cover potential losses in connection with the mortgage loans owned in the Seller’s portfolio, including without limitation any amounts required to be maintained and held as a loan loss reserve in accordance with GAAP and any other regulatory requirement applicable to the Seller.
Loan Loss Reserves means, with respect to any Bank Subsidiary as at any date of determination, the loan loss reserves of such Bank Subsidiary and its consolidated Subsidiaries on a consolidated basis as of such date.
Loan Loss Reserves means an amount equivalent to one-twelfth (1/12) of one quarter percent (.25%) of the outstanding Unpaid Principal Balance of all loans as of the last date of each month which may be reserved by the Manager in Manager’s discretion.
Examples of Loan Loss Reserves in a sentence
The Borrower shall not permit the ratio of (a) the sum of Loan Loss Reserves of the Borrower and the Subsidiary Banks (on a consolidated basis), to (b) Non-Performing Loans of the Borrower and the Subsidiary Banks (on a consolidated basis) expressed as a percentage, as of the last day of the fiscal quarter ending September 30, 2025 and the last day of each fiscal quarter thereafter, to be less than 80.00%.
More Definitions of Loan Loss Reserves
Loan Loss Reserves. With respect to any Person, the loan loss reserve of such Person, as reported in the most recent call reports of such Person.
Loan Loss Reserves means funds held by Seller to cover potential losses in connection with the mortgage loans owned in Seller’s portfolio, including without limitation any amounts required to be maintained and held as a loan loss reserve in accordance with GAAP and any other regulatory requirement applicable to Seller.
Loan Loss Reserves means, with respect to the Company and each Bank Subsidiary, the loan loss reserve as determined with respect to the Company and each Bank Subsidiary and prepared in accordance with GAAP.
Loan Loss Reserves means the total reserve established to cover potential losses in the Issuer’s outstanding loans or other credit facilities.
Loan Loss Reserves means a pool of capital set aside to reimburse a private lender if a customer
Loan Loss Reserves means the reserves established by the Company in accordance with its customary practices with respect to Loans as of the Closing Date.
Loan Loss Reserves means “provisiones constituidas,” as defined by the Superintendencia de Bancos e Instituciones Financieras.