Proprietary Loan definition
Proprietary Loan means a loan made to or for the benefit of a student attending a Proprietary Institution.
Proprietary Loan means a private label home equity conversion Mortgage Loan that (a) was originated by Seller or an Approved Originator, (b) has not been previously sold to any agency or other investor and (c) is underwritten in accordance with the Approved Underwriting Guidelines. “Purchase Date” shall mean the date on which Purchased Mortgage Loans are transferred by Seller to Buyer or its designee.
Proprietary Loan means except as otherwise approved as such in writing by the Agent and the Lenders, a FFELP Loan, the borrower of which is attending an accredited institution, which institution issues degrees after less than or equal to two years and other than a four year degree granting institution; provided, however, that Student Loans to students attending DeVry Institute and The University of Phoenix shall not constitute Proprietary Loans.
Examples of Proprietary Loan in a sentence
Interactive Planning Systems Interactive Planning Systems Item Processing [**] Imaging Systems [**] NCR Proprietary SoftChec SoftChec Unisys Proprietary Loan Origination Systems [**] Sound Software CFI Laser Pro Contour Uniform (Specialized Data Systems) Collections Systems [**] Intelligent Banking Systems ATM Positive Balance File [**] Mellon EDS Norwest Electronic Forms [**] per branch [**] per pager setup Banker Systems Inc.
Supplier agrees to comply in all respects with the provisions set forth in Attachment G with respect to the FTI Proprietary Loan Workflow Platform.
More Definitions of Proprietary Loan
Proprietary Loan means except as otherwise approved as such in ---------------- writing by the Administrator, a Student Loan, the borrower of which is attending an accredited institution, which institution issues degrees after less than two years and other than a four year degree granting institution.
Proprietary Loan means a private label home equity conversion Mortgage Loan that (a) was originated by Seller or an Approved Originator, (b) has not been previously sold to any agency or other investor and (c) is underwritten in accordance with the Approved Underwriting Guidelines. “Purchase Agreement” shall have the meaning set forth in the Recitals hereto. “Purchase Date” shall mean, individually and collectively, as the context may require (a) with respect to any Purchased Mortgage Loan, the date on which such Purchased Mortgage Loans (or in the case of Select Advance Loans, the participation interests therein) areLoan is transferred by Seller to Buyer or its designee, (b) with respect to the Series 2023-GOT Trust Certificate, the date on which such Series 2023-GOT Trust Certificate is transferred by Seller to Buyer or its designee, and (c) with respect to any Underlying Participation Interest, the date on which such Underlying Participation Interest is transferred by the Series Settlor to the Series 2023-GOT Trust. “Purchase Price” shall have the meaning set forth in the Pricing Letter.
Proprietary Loan means a private label home equity conversion Mortgage Loan that (a) was originated by Seller or an Approved Originator, (b) has not been previously sold to any agency or other investor and (c) is underwritten in accordance with the Approved Underwriting Guidelines. “Purchase Date” shall mean the date on which Purchased Mortgage Loans (or in the case of Select Advance Loans, the participation interests therein) are transferred by Seller to Buyer or its designee. “Purchased Mortgage Loan” shall mean each Mortgage Loan (including any Additional Amounts) sold by Seller to Buyer in a Transaction, as reflected in the Confirmation, and which has not been repurchased by Seller hereunder. “Purchase Price” shall have the meaning set forth in the Pricing Letter. “Purchase Price Percentage” shall have the meaning set forth in the Pricing Letter. “Purchased Mortgage Loan” shall mean (i) each Mortgage Loan (including any Additional Amounts) sold by Seller to Buyer in a Transaction, as reflected in the Confirmation, and which has not been repurchased by Seller hereunder and (ii) each Select Advance Loan with respect to which the related participation interest has been sold by Seller to Buyer in a Transaction, as reflected in the Confirmation, and has not been repurchased by Seller hereunder. “Records” shall mean all instruments, agreements and other books, records, reports and data generated by other media for the storage of information maintained by Seller or any other person or entity with respect to a Purchased Mortgage Loan. Records shall include the Mortgage Notes, any Mortgages, the Mortgage Files, the Credit Files related to the Purchased Mortgage Loan and any other instruments necessary to document or service a Mortgage Loan. “Register” shall have the meaning set forth in Section 19(b) of the Agreement. “Regulations T, U and X” shall mean Regulations T, U and X of the Board of Governors of the Federal Reserve System (or any successor), as the same may be modified and supplemented and in effect from time to time. “Related Purchased Mortgage Loans” shall have the meaning provided in Section 8(a) of the Agreement. “Repurchase Date” shall mean the earliest of (i) any Business Day specified by Seller for the repurchase of the Purchased Mortgage Loans (or in the case of Select Advance