Participating Loan definition

Participating Loan means a Mortgage Loan that entitles the lender to the receipt of interest based on a percentage of the mortgaged property's revenues or cash flow, and/or any gain on sale of the property which Participating Loan may be a Mezzanine Loan, Construction Loan, Bridge Loan or other Mortgage Loan.
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Participating Loan means a Loan introduced to the program by the Sub-Originator and where the context so permits shall also include a Mortgage relating to a Participating Loan;
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Participating Loan means the loan made or proposed to be made by BANADE to a Participating Bank, partly financed out of the proceeds of the Loan, provided under a Participating Agreement;
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Examples of Participating Loan in a sentence

  • The broker contracted to the Sub originator will be entitled to a Front End Fee approved by the Originator from time to time in respect of each new approved Participating Loan, as detailed in Annexure A.

  • The Sub originator must upon request by the Originator promptly request a broker to provide to the Originator any information regarding a settled Participating Loan required by the Originator from time to time.

  • The Sub originator acknowledges that the Originator may refuse any application that does not have all the information, which the Originator reasonably requires to enable it to assess the suitability of a Participating Loan.

  • Subject to clauses 10 and 11, the Sub originator outlined in Annexure A, will also be entitled to the “trailer commission” (if any) agreed with the Originator from time to time and paid on each Participating Loan made in accordance with an Approved Application.


More Definitions of Participating Loan

Participating Loan means a Loan made by the Trustee and introduced to the Programme by the Manager and includes any part of them;
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Participating Loan means a loan made or proposed to be made out of the proceeds of the Loan by the Borrower to a Financial Intermediary under a Participation Agreement to refinance Subloans (as such term is hereinafter defined) made by such Financial Intermediary under Part A of the Project;
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Participating Loan means a loan made by BdL to a Participating Bank in accordance with the provisions of Part A of the Schedule to the BdL Project Agreement;
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Participating Loan shall have the meaning ascribed thereto in the second "WHEREAS" clause hereof.
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Participating Loan means a loan where the interest rate received consists of a fixed interest component and a fluctuating interest component. The fluctuating interest component represents the royalty portion whereby the Company receives a percentage of renewable energy production revenues. The participating loan will reflect an estimated average interest rate over the life of the loan where the interest received will fluctuate based on the underlying power production;
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Related to Participating Loan

  • Participating Lender has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Revolving Loan has the meaning specified in Section 2.01(a).

  • Identified Participating Lenders has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Participating Dentist means any Dentist who, at the time of rendering a Covered Dental Service to the Member, has a written agreement with CareFirst BlueChoice or the Dental Plan for the rendering of such service.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Participating student means a student who has been determined to be

  • Swing Loan has the meaning specified therefor in Section 2.3(b) of the Agreement.

  • 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.

  • Committed Loan has the meaning specified in Section 2.01.

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

  • Canadian Revolving Loan means Loans made by a Lender in respect of its Canadian Revolving Commitment to the U.S. Borrower pursuant to Section 2.02(c) and/or Section 2.24.

  • Initial Revolving Loan means any revolving loan made by the Initial Revolving Lenders to the Borrower pursuant to Section 2.01(a)(ii).