Performing Loan definition

Performing Loan. The Mortgage Loan if it not a Specially Serviced Loan or an REO Loan.

Performing Loan means any Loan in the Covered Bond Portfolio which is not a Non- Performing Loan.

Performing Loan. As of any date of determination, any Loan as to which no Servicing Transfer Event then exists.

Examples of Performing Loan in a sentence

• After notification to the Servicer, the Special Servicer may contact the related Obligor of any Performing Loan if efforts by the Servicer to collect required financial information have been unsuccessful or any other issues remain unresolved.

• Both the Servicer and the Special Servicer may communicate directly with the Obligors in connection with any Other Borrower Request or Major Decision in connection with a Performing Loan.

• Evaluasi Non Performing Loan (NPL) Pinjaman Qardhul Hasan (Studi Kasus di BNI Syariah Cabang Yogyakarta).

• In maintaining the Non Performing Loan (NPL) level, the Bank will carry out preventive measures, among others, the Bank will further monitor the use of debtor credit and the development of the debtor’s business.

• This ratio measures the portion of provisioned loan with Non Performing Loan.

More Definitions of Performing Loan

Performing Loan. Any Serviced Loan that is not a Specially Serviced Loan.

Performing Loan means, as of any date of determination, a Program Receivable that (a) is not more than 60 days past due as of the close of business on such date; (b) is Open; (c) is Active; (d) has a blank Status Code; and (e) has a blank Class Code.

Performing Loan means an Eligible Mortgage Loan for which the related Mortgagor is current or fewer than thirty (30) days delinquent in scheduled payments of principal and interest as at the end of the preceding calendar month.

Performing Loan means any Loan which is not a Non-Performing Loan as of the Determination Date.

Performing Loan. A Performing Mortgage Loan, a Performing Serviced Companion Loan or a Performing Serviced Loan Combination, as the context may require.

Performing Loan means any Loan for which the last payment of principal, interest and any escrow amounts that is required to be paid by the terms of the Note or Collateral Documents is less than sixty days prior to the Calculation Date as shown on the Schedule of Loans attached hereto as Attachment" A," regardless of whether such Loan is in a Loan Pool consisting primarily of Performing Loans or consisting primarily of Non-Performing Loans.

Performing Loan means any loan which has not been classified as a non-performing loan under the Banking Act and the Microfinance Act;