MSR Loans definition

MSR Loans means loans outstanding under the MSR Notes that are, in accordance with the terms thereof, secured by the pledge of an MSR.
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MSR Loans means, collectively, (i) the Xxxxxx Xxx Loans and (ii) all other loans made by each other MSR Lender to a Subsidiary of the Borrower under, and in accordance with, the applicable MSR Documents, the proceeds of which are used exclusively to purchase Servicing Rights relating to Residential Mortgage Loans (and any related Delinquency Advances and Protective Advances with respect to such Servicing Rights that were existing at the time of such purchase) owned or controlled by such MSR Lender.
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MSR Loans means loans outstanding under the MSR Notes that are, in accordance with the terms thereof, secured by the pledge ofan MSR.
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Examples of MSR Loans in a sentence

  • Failed Bank retained the MSR for the MSR Loans, comprising (1) a duty to service the MSR Loans and (2) a right to a monthly fee equal to a fraction of the average outstanding principal of the MSR Loans.

  • Rather, any debt component of the MSR (i.e., the excess servicing payments) would constitute stripped coupons from the MSR Loans, and any worthlessness regarding stripped coupons from the MSR Loans would depend upon the performance of the MSR Loans.

  • Taxpayer maintains that the liquidation of REIT and Taxpayer’s receipt of the MSR Loans “extinguished” the MSR and rendered the MSR “worthless.” Even assuming that some component of the MSR was debt, the REIT liquidation did not render that debt worthless (for lack of collectability or otherwise).

  • Taxpayer has provided no evidence that the MSR Loans were worthless at any time during Year 3, and, likewise, Taxpayer has provided no evidence that rights to interest coupons stripped from the MSR Loans were worthless during Year 3.

Related to MSR Loans

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Revolving Loans as defined in Section 2.4(a).

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

  • LIBOR Rate Loans means the Loans bearing interest with reference to the LIBOR Rate.

  • Revolving Facility Loans shall include the Other Revolving Loans.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • U.S. Loans means, individually and collectively as the context may require, the U.S. Revolving Loans, the U.S. Swingline Loans, the U.S. Overadvances, and the U.S. Protective Advances.

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • 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 Loans Loans the rate of interest applicable to which is based upon the ABR.

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Other Loans means one or more Classes of Loans that result from a Refinancing Amendment or a Loan Modification Agreement.

  • New Revolving Loans as defined in Section 2.25.

  • Eurocurrency Loans Loans the rate of interest applicable to which is based upon the Eurocurrency Rate.