Loan Sale definition

Loan Sale means a sale, disposition, assignment or other transfer of a Loan Asset or any interest therein, including but not limited to the sale, participation, or other disposition of a Loan Asset, including through a substantial or total reduction in any proceeds from the sale relative to the face amount, present value, or required contractual payments under any Loan Asset.

Loan Sale means the sale of Loans of the Failed Bank by Seller as described in the Bid Package.

Loan Sale means the sale, disposition or assignment by Company or any of its Subsidiaries, directly or indirectly through a Loan Sale Affiliate, of notes evidencing obligations to repay secured or unsecured loans initially owned by Company or any such Subsidiary.

Examples of Loan Sale in a sentence

• The Trustee hereby accepts such assignment, and shall be entitled to exercise all the rights of the Depositor under the Mortgage Loan Sale Agreement as if, for such purpose, it were the Depositor.

• In the event of discovery of a breach of any representation and warranty of any Transferor assigned to the Trustee, the Trustee shall enforce its rights under the applicable Transfer Agreement and the Mortgage Loan Sale Agreement for the benefit of Certificateholders.

• The Trustee hereby accepts such assignment, and shall be entitled to exercise all rights of the Depositor under the Mortgage Loan Sale Agreement as if, for such purpose, it were the Depositor.

• The Trustee hereby accepts such assignment and delegation, and shall be entitled to exercise all the rights of the Depositor under the Mortgage Loan Sale Agreement as if, for such purpose, it were the Depositor.

• In the event of discovery of a breach of any representation and warranty of any Transferor assigned to the Trustee, the Trustee shall enforce its rights under the applicable Transfer Agreement and the Mortgage Loan Sale Agreement for the benefit of Certificateholders and any NIMS Insurer.

More Definitions of Loan Sale

Loan Sale shall have the meaning set forth in Section 3.14(d).

Loan Sale is defined in Section 11.5.

Loan Sale shall have the meaning set forth in Section 5(b)(iii).

Loan Sale. (or "loan disposal") means the economic transfer of a loan or pool of loans by the reporting agent to a non-MFI transferee, achieved either by transfer of ownership or by sub-participation.

Loan Sale. A Disposition of Loans pursuant to a whole-loan sale.

Loan Sale means the acquisition of the Credit Documents, and the obligations evidenced thereby, by Mellon HBV SPV LLC pursuant to the Assignment and Assumption Agreements, dated on or about March 3, 2005, between Mellon HBV SPV LLC and each of Calyon, Smoky River CDO, L.P., Indosuez Capital Funding IIA, Ltd. and ML CLO XV Pilgrim America (Cayman), Ltd.

Loan Sale has the meaning set forth in Section 2.16(a)(x).