New Loan definition
New Loan means a Loan made by the Failed Bank after the Bid Valuation Date that is not a continuation, amendment, modification, renewal, extension, refinancing, restructuring or refunding of or for any then-existing Loan.
New Loan means Loans, other than the Loans comprised in the Initial Covered Bond Portfolio, which the Seller may assign or transfer to the Guarantor after the First Transfer Date pursuant to the Mortgage Sale Agreement and “New Loans” means more than one New Loan;
New Loan has the meaning set forth in Section 2.18(b).
Examples of New Loan in a sentence
If any New Loan is to be allocated to an existing Interest Period for a Borrowing, then the interest rate thereon for such Interest Period and the other economic consequences thereof shall be as set forth in the Incremental Agreement.
This may be accomplished by allocating a portion of each such New Loan to each such outstanding Borrowing on a pro rata basis.
This may be accomplished by allocating a portion of each New Loan to each outstanding Borrowing on a pro rata basis.
Each reference to “Guarantors” and “Loan Parties” in the Amended and Restated Credit Agreement and the other Loan Documents, including this Agreement, shall be deemed to include each New Loan Party.
More Definitions of New Loan
New Loan means the terms of the revised loan are at least as favorable to the credit union (i.e., terms are market-based, and profit driven) as the terms for comparable loans to other customers with similar collection risks who are not refinancing or restructuring a loan with the credit union, and the revisions to the original debt are more than minor.
New Loan has the meaning specified in Section 2.12(a).
New Loan means an Eligible Loan that Seller proposes to be included as a Purchased Loan.
New Loan. This contract is contingent on Buyer obtaining financing. Within thirty (30) days after the effective date of this contract Buyer shall apply for all financing and make every reasonable effort to obtain financing approval. If financing or assumption approval is not obtained within thirty (30) days after the effective date hereof, this contract will terminate, and the ▇▇▇▇▇▇▇ money will be refunded to Buyer, and the property may be re-listed for sale or a Purchase Agreement with another party may be executed by Seller.
New Loan means a Financed Student Loan which (i) is made by an eligible lender under the Higher Education Act to a Borrower who is not a Borrower under any Initial Financed Student Loan, (ii) is made under a loan program which existed as of the Closing Date, and (iii) is guaranteed by a Guarantor.
New Loan has the meaning set forth in Section 2.01(b).
New Loan has the meaning ascribed thereto in Section 3.01(c) hereof;