Private Consolidation Loan definition

Private Consolidation Loan means a loan made by KBUSA to an eligible borrower that represents the refinancing of Financed Private Loans of such borrower in accordance with the terms of the Programs.
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Private Consolidation Loan means a loan made by the Seller to an eligible borrower that represents the refinancing of Private Financed Loans of such borrower in accordance with the terms of the Programs.
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Private Consolidation Loan means a Loan made pursuant to the Regulations.
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Examples of Private Consolidation Loan in a sentence

  • In addition, the EXCEL Loan and the Private Consolidation Loan underwriting involve a debt-to-income test.

  • CFS will be responsible for insuring that each Application/Note submitted for a Private Consolidation Loan is eligible in all respects to be consolidated.

  • The purpose of this Agreement is to establish terms under which the parties agree to operate with respect to the marketing, originating, servicing and funding of the Real World Private Consolidation Loan Program (the "RWPCL Program").

  • In addition, the EXCEL Loan and the Private Consolidation Loan underwriting involve a debt-to-income test.· Career Training LoansServicingPrivate Education Loan Servicing.

  • The delegations, joined by the Czech Republic noted that further development was needed as the link to the EBR website did not grant the user access to the register data.

  • Section 6 describes how route2hos works.As part of the processing done by route2hos, it produces definitions for two special host groups, called Inside and Outside.

  • ELServices shall pay Marketer a “Marketing Fee” in the amount set forth in Exhibit 2.1, as amended herein, for each funded Private Consolidation Loan (“Funded Private Loan”), as defined in section 3.4 below resulting from the marketing, administration, and related activities of Marketer as set forth in Exhibit 1.2.

  • D-1 Appendix E: Dental Loan Programs ................................................................................................................E-1 Appendix F: Direct-to-Consumer Loan Programs ...........................................................................................F-1 Appendix G: Private Consolidation Loan Program .........................................................................................

  • LOAN" means a loan of money (which may be disbursed in one or more installments) on behalf of Borrower, contingent upon an agreement to repay, evidenced by a Note and Guarantee, which Loan was originated in accordance with this Agreement and is a Private Consolidation Loan under the Regulations.

  • For purposes of this Agreement, a “Funded Private Loan” for a Private Consolidation Loan shall mean a private consolidation loan application received and processed by ELServices or its third party lender wherein the third party lender has funded the Private Consolidation Loan on behalf of a respective borrower.


More Definitions of Private Consolidation Loan

Private Consolidation Loan means a Private Consolidation Loan originated under the Sallie Mae Private Consolidation Loan Program.
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Private Consolidation Loan means a loan funded to refinance Private Student Loan(s) that is/are not guaranteed by the United States Department of Education or by any agency of any state.
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Private Consolidation Loan means a Private Consolidation Loan originated under the Sxxxxx Mxx Private Consolidation Loan Program.
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Related to Private Consolidation Loan

  • Consolidation Loan means a Loan made pursuant to and in full compliance with Section 428C of the Higher Education Act.

  • Acquisition Loan means a loan or other extension of credit, including an installment obligation to a “party in interest” (as defined in Section 3(14) of ERISA) incurred by the Trustee in connection with the purchase of Company Stock.

  • Non-Lead Securitization Date means the closing date of any Non-Lead Securitization.

  • Note A-5 Securitization Date means the closing date of the Note A-5 Securitization.

  • Available Investor Principal Collections means with respect to any Monthly Period, an amount equal to (a) the Investor Principal Collections for such Monthly Period, minus (b) the amount of Reallocated Collateral Principal Collections and Reallocated Class B Principal Collections with respect to such Monthly Period which pursuant to Section 4.12 are required to fund the Class A Required Amount and the Class B Required Amount, plus (c) the amount of Shared Principal Collections that are allocated to Series 1999-2 in accordance with subsection 4.13(b).

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.

  • Note A-3 Securitization Date means the closing date of the Note A-3 Securitization.

  • Single Family Shared-Loss Loans means the single family one-to-four residential mortgage loans (whether owned by the Assuming Bank or any Subsidiary) identified on Schedule 4.15A of the Purchase and Assumption Agreement.

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Single Family Shared-Loss Loan means a single family one-to-four owner- occupied residential mortgage loan, excluding Home Equity Loans, that is secured by a mortgage on a one-to four family residence or stock of a cooperative housing association.

  • Investor Principal Collections means, for any Monthly Period, an amount equal to the aggregate amount of Principal Collections retained or deposited in the Principal Account for Series 2012-1 pursuant to Section 4.3(b)(ii) for such Monthly Period.

  • Non-Lead Securitization Note means any Note other than the Lead Securitization Note.

  • Non-Lead Securitization means any Securitization of a Note in a Securitization Trust other than the Lead Securitization.

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Lead Securitization Date means the closing date of the Lead Securitization.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Note A-1 Securitization Date means the closing date of the Note A-1 Securitization.

  • Home Equity Loan means a loan or funded or unfunded portions of a line of credit secured by a mortgage on a one-to four-family residences or stock of cooperative housing association, where the Failed Bank did not have a first lien on the same property as collateral.

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • Note A-5 Securitization means the first sale by the Note A-5 Holder of all or a portion of Note A-5 to a depositor who will in turn include such portion of Note A-5 as part of the securitization of one or more mortgage loans.

  • Note A-7 Securitization means the first sale by the Note A-7 Holder of all or a portion of Note A-7 to a depositor who will in turn include such portion of Note A-7 as part of the securitization of one or more mortgage loans.

  • Securities Lending Agreement means an agreement under which a local agency agrees to transfer securities to a borrower who, in turn, agrees to provide collateral to the local agency. During the term of the agreement, both the securities and the collateral are held by a third party. At the conclusion of the agreement, the securities are transferred back to the local agency in return for the collateral.

  • Note A-6 Securitization means the first sale by the Note A-6 Holder of all or a portion of Note A-6 to a depositor who will in turn include such portion of Note A-6 as part of the securitization of one or more mortgage loans.

  • the Macfarlane (Special Payments) (No. 2) Trust means the trust of that name, established on 3rd May 1991 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia and other beneficiaries;