Locked Pipeline Loans means applications in process for Residential Mortgage Loans to be made by Seller which have been registered and designated as price protected on Seller’s residential mortgage loan origination system and which have not closed or funded as of the close of business on the Closing Date, as identified on the Closing Pipeline Loan Tape.

Locked Pipeline Loans means applications in process for Loans to be made by Company Bank that have been registered and designated as price protected on Company Bank’s Loan origination system and that have not closed or funded;

Examples of Locked Pipeline Loans in a sentence

All interest rate locks on Locked Pipeline Loans have been conducted and managed in Company Bank’s ordinary course of business consistent with past practice and customary banking practices.
None of the Seller Locked Pipeline Loans is subject to any mandatory commitments for sale or delivery.
Seller shall deliver to Buyer within five (5) Business Days prior to the Closing, a preliminary S chedule 2.1(a) setting forth a list of all of the proposed Seller Pipeline Loans, including all Seller Locked Pipeline Loans.
Thereafter, but prior to Closing, Buyer shall determine in good faith (i) which Seller Pipeline Loans shall be set forth on S chedule 2 .2 (and thereby become Excluded Pipeline Loans and no longer Seller Pipeline Loans), and (ii) which Seller Locked Pipeline Loans shall be set forth onS chedule 3.4 (and thereby become Eligible Pipeline Loans).
Seller shall deliver to Buyer within five (5) Business Days prior to the Closing, a preliminary Schedule 2.1(a) setting forth a list of all of the proposed Seller Pipeline Loans, including all Seller Locked Pipeline Loans.
Thereafter, but prior to Closing, Buyer shall determine in good faith (i) which Seller Pipeline Loans shall be set forth on Schedule2.2 (and thereby become Excluded Pipeline Loans and no longer Seller Pipeline Loans), and (ii) which Seller Locked Pipeline Loans shall be set forth on Schedule 3.4 (and thereby become Eligible Pipeline Loans).
Seller consents to, and shall obtain written consent from Bank of America, N.A. authorizing the transfer to Buyer of all appraisals related to the Seller Pipeline Loans and the use by Buyer of such appraisals for a period of (a) not less than sixty (60) days following the Closing Date for all Seller Locked Pipeline Loans and (b) not less than ninety (90) days following the Closing Date for all other Seller Pipeline Loans, in each case, without any requirement to provide new or updated appraisals.

Related to Locked Pipeline Loans

Revolving Facility Loans shall include the Other Revolving Loans.
Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01.
Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.
Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).
Revolving Facilities means collectively the Initial Revolving Facility and each New Revolving Facility and “Revolving Facility” means any such facility individually.
Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.
Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).
Replacement Revolving Facility Commitments shall have the meaning assigned to such term in Section 2.21(l).
Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.
Revolving Facility means, at any time, the aggregate amount of the Revolving Lenders’ Revolving Commitments at such time.
Canadian Swingline Loan means any Loan made by the Canadian Swingline Lender pursuant to Section 2.12.
Refunded Swingline Loans as defined in Section 2.7(b).
Swingline Facility means the swingline facility established pursuant to Section 2.2.
Pending Revolving Loans means, at any time, the aggregate principal amount of all Revolving Loans requested in any Notice of Borrowing received by the Agent which have not yet been advanced.
ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.
U.S. Revolving Loans has the meaning set forth in Section 2.1(a).
ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.
Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.
Facility LC Collateral Account is defined in Section 2.19.11.
Revolving Period means the period beginning on the Closing Date and ending at the close of business on the day immediately preceding the earlier of the day the Controlled Accumulation Period commences or the day the Early Amortization Period commences.
Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.
Swingline Loans as defined in Section 2.6.
Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).
Other Revolving Facility Commitments means Incremental Revolving Facility Commitments to make Other Revolving Loans.
Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

Locked Pipeline Loans definition

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