P2P Loan definition

P2P Loan means a loan to a Borrower which is transferred to P2P Lenders, or a development loan;
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P2P Loan means a loan to a Borrower which is transferred to P2P Lenders in accordance with clause 3;
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P2P Loan means a loan to a Borrower which is assigned to a P2P Lender in accordance with clause [4];
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Examples of P2P Loan in a sentence

  • The DPA Second Mortgageassistance is only available in conjunction with a P2P Loan.

  • The (AHFPFC / ADOH) will fund the DPA Second Mortgage assistance amount to the Title Company on the related P2P Loan closing.

  • A Lender will make the determination that a borrower meets the requirements of the P2P Loan and the requirements for receiving a DPA Second Mortgage.

  • However, you will have a cooling off period which will end 14 days after the date on which you enter into your first P2P Loan.

  • The DPA SecondMortgage assistance is only available in conjunction with a P2P Loan.

  • The Authority (AHFPFC / AzHFA) will advance (table fund) the DPA Second Mortgage assistance amount to the Title Company on the related P2P Loan closing.

  • You will be required to transfer your loan commitments as set out in section 4 (Topping up your account) into your account before you can enter into any P2P Loan.

  • Peer-to-peer (P2P) Agreement - as defined in the FCA Handbook https://www.handbook.fca.org.uk/handbook/glossary/?filter-title=p2p Peer-to-peer (P2P) Platforms - firms directly authorised by the FCA with permissions to operate an electronic platform for the purposes of lending Product - means the construct of a P2P Platform that is made available to customers in order that they may invest in a P2P Loan.

  • Loss Absorption, you agree and acknowledge that we shall take on no liabilities, obligations or rights under any P2P Loan as a result of our authority to act on your behalf and you agree that you will continue to be solely liable for and responsible for the rights and obligations under any P2P Loan agreement and any Contract of Transfer.

  • The DPA Second Mortgage assistance is only available in conjunction with a P2P Loan.

Related to P2P Loan

  • PPP Loan means the loan in principal amount of $673,184 issued to the Company by the PPP Lender pursuant to the promissory note dated April 20, 2020.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • VA Loan means a Mortgage Loan which is subject of a VA Loan Guaranty Agreement as evidenced by a loan guaranty certificate, or a Mortgage Loan which is a vendor loan sold by the VA.

  • Buydown Loan A Mortgage Loan for which the Mortgage Interest Rate has been subsidized through a Buydown Fund provided at the time of origination of such Mortgage Loan.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • DIP Loan Any Loan (i) with respect to which the related Obligor is a debtor-in-possession as defined under the Bankruptcy Code, (ii) which has the priority allowed pursuant to Section 364 of the Bankruptcy Code and (iii) the terms of which have been approved by a court of competent jurisdiction (the enforceability of which is not subject to any pending contested matter or proceeding).

  • CD Loan means a Committed Loan which bears interest at a CD Rate pursuant to the applicable Notice of Committed Borrowing or Notice of Interest Rate Election.

  • Funding Loan means the Funding Loan in the original maximum principal amount of $ made by Funding Lender to Governmental Lender under the Funding Loan Agreement, the proceeds of which are used by the Governmental Lender to make the Borrower Loan.

  • Co-op Loan A Mortgage Loan secured by the pledge of stock allocated to a dwelling unit in a residential cooperative housing corporation and a collateral assignment of the related Co-op Lease.

  • Revolving Advance has the meaning given in Section 2.1.

  • Subsidy Loan Any Mortgage Loan subject to a temporary interest subsidy agreement pursuant to which the monthly interest payments made by the related Mortgagor will be less than the scheduled monthly interest payments on such Mortgage Loan, with the resulting difference in interest payments being provided by the employer of the Mortgagor. Each Subsidy Loan will be identified as such in the Mortgage Loan Schedule.

  • PMI Advance As defined in the related Servicing Agreement, if applicable.

  • Sub-loan means a loan made or proposed to be made by the Borrower out of the proceeds of the Loan to a Private Enterprise for an Investment Project;

  • MOM Loan With respect to any Mortgage Loan, MERS acting as the mortgagee of such Mortgage Loan, solely as nominee for the originator of such Mortgage Loan and its successors and assigns, at the origination thereof.

  • Loan Advance The meaning specified in Section 2.2(a).

  • Term Advance has the meaning specified in Section 2.01(a).

  • Revolving Loan means a Loan made pursuant to Section 2.01.

  • Term Loan has the meaning specified in Section 2.01(b).

  • Revolving Loan Note means a promissory note in the form of Exhibit B-2, as it may be amended, supplemented or otherwise modified from time to time.

  • U.S. Revolving Loan means a Revolving Loan made to the U.S. Borrower by the U.S. Revolving Lenders.

  • 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.

  • Tranche A Loan shall have the meaning set forth in Section 2.01(a).

  • Project Loan means the loan made by the Governmental Lender to the Borrower pursuant to the Project Loan Agreement in the original principal amount of $[AMOUNT], as evidenced by the Project Note.

  • U.S. Base Rate Loan means a Loan denominated in Dollars which bears interest at a rate based upon the U.S. Base Rate.

  • Term Loan Advance and “Term Loan Advances” are each defined in Section 2.1.1(a).

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria: