Loan settlement definition

Loan settlement means the occurrence of all of the fol- lowing:
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Loan settlement means any settlement or compromise with borrowers, lenders, investors, business partners, joint ventures, brokers, and any other Person with an interest in, or in the proceeds of, a Loan Asset, including, without limitation, the arrangement of short sales, payments for borrower cooperation, institution and prosecution of legal actions, forgiveness of debt and conveyance of direct or indirect interests in real property, including, without limitation, the release of collateral, borrowers, guarantors, and/or sponsors, as well as the sale of such Loan Asset to a party or parties related to such borrowers, guarantors, and/or sponsors.
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Loan settlement has the meaning set forth in the preamble;
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Examples of Loan settlement in a sentence

  • Despite other Covid-19 socio-economic related effects noticed, women and girls have been loaded with multiple responsibilities for domestic work, and childcare compared to the counter parts men and boys respectively (Andrew et al, 2020) .

  • Check the category below which most clearly describes the employee’s total performance.

  • Loan settlement was another option for viable borrowers; these borrowers opted for an expedited settlement of the loans, usually within a year (DFR 2005, p24).

  • Approximately $108,351,000 in principal plus fees and Under the Plan, the holders of Prepetition expenses permitted under Secured Lender Claims, in full satisfaction, the Prepetition Loan settlement, release and discharge of and in Transaction Documents and exchange for such Prepetition Secured Lender such amount, if any, in unpaid Claims, will receive on the Distribution accrued interest as may be Date, through the Prepetition Secured Lender determined by the Bankruptcy Agent, Court.

  • Ceylon Trading Company Ltd.AffiliateSecretarial fee– 152 Loan settlement during the year– 2,602C.W. Mackie PLCImmediate ParentInterest on current account balance(18,096) (7,255) Management overheads(3,457) (1652)Scan Tours & Travels (Pvt) Ltd.AffiliateVehicle hire charges– (3,189) Interest on current account balance– (265)Ceytra Ltd.AffiliateInterest on current account balance– (1,775)05.

  • After separating multiple responses and excluding incomplete responses, information is available from 205 facilities.

  • Our hope is that students will build life-long relationships within the communities served, thus fostering a sense of extending themselves beyond The Presentation School.

  • All proceeds after payment of expenses, or set-aside of reserves therefor received with respect to any Foreclosure Loans, whether through a work-out of such Foreclosure Loan, settlement, collection of a judgment, net proceeds of operation or sale of any property received by the Company in a foreclosure proceeding or otherwise.

  • Petitioners’ Exhibit 11: Loan settlement and legal description for the sale of property located at 6493 and 6499 Broadway.

  • Loan settlement expense during the twelve months ended November 30, 1997, was $0 as compared to $95,251 in 1996.


More Definitions of Loan settlement

Loan settlement means the occurrence of all of the following:
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Loan settlement. The closing and funding of a loan by Liberty Bank. Liberty Bank’s Compensation Options: Lender-Paid Compensation:
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Related to Loan settlement

  • Combination Settlement shall have the meaning specified in Section 14.02(a).

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Viatical settlement provider means a person, other than a viator, who enters into or effectuates a viatical settlement contract. Viatical settlement provider does not include:

  • Physical Settlement shall have the meaning specified in Section 14.02(a).

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.