Loan Receivables definition

Loan Receivables means loan receivables arising under the Asset Backed Loan Agreement to the First Trust in respect of principal, interest and default interest, if any (including, for the avoidance of doubt, any and all rights and title relating to the Asset Backed Loan Agreement to the First Trust).

Loan Receivables means the loan claim in relation to each Individual Loan.

Loan Receivables means, as to any Person, such Person’s (a) Accounts and Payment Intangibles and (b) all General Intangibles, Instruments and Supporting Obligations (as each such term is defined in the UCC) evidencing the items in clause (a) of this definition.

Examples of Loan Receivables in a sentence

• The Issuer will promptly obtain, comply with and do all that is necessary to maintain in full force and effect any authorisation required under any law or regulation of Latvia to enable it to perform its obligations under the Notes or own title in the Loan Receivables, and carry on its business as it is being conducted.

• The main assets of the First Trust, the Auto Loan Receivables, are to be entrusted by the Trustor of the First Trust on the Trust Commencement Date.

• The Trust Assets of the First Trust consist of Auto Loan Receivables, money to be entrusted, the investment earnings from Eligible Investments, all rights under the agreements to which the Trustee of the First Trust is a party and other assets which are provided by Article 16 of the Trust Act, as trust assets.

• The Loan Receivables are to be entrusted on the Drawdown Date to the Trustee of the Second Trust, which will be the Trust Commencement Date of the Second Trust.

• As mentioned in I (Summary of Trust Assets), item 2 (Characteristics of Trust Assets) above, the primary assets comprising the Trust Assets of the First Trust are the Auto Loan Receivables.

More Definitions of Loan Receivables

Loan Receivables means the loan receivables in relation to a Loan.

Loan Receivables means all such Contract Rights as consist in the right, title and interest to and in any amount payable to the Grantor under a Loan Agreement;

Loan Receivables means the Lenders’ loan receivables from the Settlor under the Loan Agreements.

Loan Receivables means, with respect to any Borrower Loan Repayments actually received by the Loan Originator, a sum of monies equivalent to the Lender’s pro rata share of such Borrower Loan Repayments (the percentage pro rata share in such Borrower Loan Repayments being the same as the percentage of the Lender’s Participation in that Selected Listed Loan upon which the Borrower Loan Repayment has actually been received).

Loan Receivables means the outstanding balances due on the loans of the licensee.

Loan Receivables means the indebtedness and other obligations in respect of Consumer Loans owed to the Borrower or any Loan Party in connection with any and all liens, title retention and security agreements, chattel mortgages, chattel paper, bailment leases, installment sale agreements, instruments, consumer finance paper and/or promissory notes securing and evidencing consumer lines of credit, unsecured multi-pay consumer installment loans and first and second lien auto title loans made or acquired by the Borrower or any Loan Party which were originated at retail locations or over the internet in accordance with the Program Guidelines and, in the case of auto title loans, the repayment of which is secured by a perfected first or second priority security interest in a motor vehicle; provided, however, that any and all Loan Receivables in respect of, or generated from, the following Consumer Loans shall not be included in the definition of Loan Receivables:

Loan Receivables means the loan receivables of each Seller as set forth on the Pro Forma Balance Sheet, the March 31st Balance Sheet or the Closing Balance Sheet, as applicable, calculated in a manner consistent with the calculation of Loan Receivables set forth on the Pro Forma Balance Sheet.