Loan Type definition

Loan Type. Each Mortgage Loan is a [Adjustable Rate] [Balloon] [Fixed Rate] Mortgage Loan.
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Loan Type means a First Lien Loan, a First Lien Last Out Loan or a Second Lien Loan, as applicable.
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Loan Type means, with respect to any Loan, means the characterization of such Loan as a Technology Loan or Life Sciences Loan.
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Examples of Loan Type in a sentence

  • MM/DD/YYYY LOAN_TYPE Loan Type (i.e. FHA, VA, Conv) BANKRUPTCY_FILED_DATE The date a particular bankruptcy claim was filed.

  • VA Loan Guarantee Certificate Number VA Loan Guarantee Certificate Number Loan Number Servicer Loan Number Loan Term Loan Term Loan Type Loan Type Loss Mit Approval Date Loss Mit Approval Date Loss Mit Flag (Man Code) A code that identifies the account as an active Loss Mit account.

  • Any Notice of Conversion of Loan Type may be modified or revoked by Borrower through the Banking Day prior to the Minimum Notice Period, and shall thereafter be irrevocable.

  • Administrative Agent shall promptly notify each Lender of the contents of each Notice of Conversion of Loan Type.

  • Borrower shall give each Notice of Conversion of Loan Type to Administrative Agent so as to provide at least the applicable Minimum Notice Period.


More Definitions of Loan Type

Loan Type means, with respect to any Purchased Loan, each of the loan types listed in Schedule 1 attached hereto.
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Loan Type. This is a Variable Rate, Revolving Line of Credit of a principal amount up to $_____________. PRIMARY PURPOSE OF LOAN. The primary purpose of this loan is for business. SPECIFIC PURPOSE. The specific purpose of this loan is: _______________.
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Loan Type means a First Lien Loan, a First Lien Last Out Loan, a Second Lien Loan or a Recurring Revenue Loan, as applicable.
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Loan Type means a new type of mortgage loan originated by the Seller or a New Seller, which the Seller or the New Seller intends to transfer to the LLP, the terms and conditions of which are materially different (in the opinion of the Seller or the New Seller, acting reasonably) from any of the Loans or New Seller Loans in the Portfolio. For the avoidance of doubt, a mortgage loan will not constitute a New Loan Type if it differs from any of the Loans or New Seller Loans in the Portfolio solely due to it having different interest rates and/or interest periods and/or time periods for which it is subject to a fixed rate, capped rate, tracker rate or any other interest rate or the benefit of any discounts, cash-backs and/or rate guarantees; New Member means any new member admitted to the LLP after the Programme Date; New Mortgage Sale Agreement means any new mortgage sale agreement entered into between any New Seller, the LLP and the Security Trustee, which shall be substantially in the same form and contain substantially the same provisions (provided that the Security Trustee may agree variations to the representations and warranties in relation to the relevant New Seller Loans and their Related Security) as the Mortgage Sale Agreement;
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Loan Type means a First Lien Loan, a First Lien Last Out Loan, a Second Lien Loan or a Recurring Revenue Loan, as applicable. “Loan Value” means, with respect to each Collateral Loan, as of any date of determination and expressed as a percentage of the Principal
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Loan Type. [FIXED RATE][ADJUSTABLE RATE] Number of Mortgage Loans: _________________________
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Loan Type. Circulating Fund Usage of the Loan: The proceeds of the Loan under this Contract shall be used for procurement of PET chips. The Amount and Period of the Loan Amount: Renminbi (RMB) 15,000,000. Loan Period: twelve (12) months, commencing from July 15, 2016 to July 15, 2017.
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