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).
This ratio measures the portion of provisioned loan with Non Performing Loan.
Because of the credit risk, the Non Performing Loan (NPL) of bank will increase.
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. A Performing Mortgage Loan, a Performing Companion Loan or a Performing Whole Loan, as the context may require.
Performing Loan means any Loan for which the last payment of principal, interest, and any escrow amounts that are required to be paid by the terms of the Note or Collateral Documents is less than 60 days past due (for matured loans, less than 30 days past the maturity date) as of the Calculation Date as shown on the Schedule of Loans in Attachment A to this LSA, regardless of whether such Loan is in a Pool consisting primarily of Performing Loans or consisting primarily of Non-Performing Loans.
Performing Loan means any Debt (including, without limitation, Credit Linked Deposits) with respect to which either (i) Interest and Accruing Fees are being paid as of the Commencement Date on the terms specified in the Credit Documents as in effect on the Trade Date or (ii) if the Borrower is a debtor under the Bankruptcy Code, Adequate Protection Payments are being paid as of the Commencement Date.