Rejected Loans definition

Rejected Loans means loans rejected by Purchaser pursuant to Section 2.4(b), and removed from Exhibit 1.1(f) and not transferred hereunder.
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Examples of Rejected Loans in a sentence

  • The Master Servicer may in its discretion, prior to placing such loans in the Subservicers' system, reject certain loans or loan portfolios ("Rejected Loans").

  • The Master Servicer shall provide the Trust, NSLF and the Administrator with reasonable advance notice as to any Rejected Loans which the Master Servicer declines to place on Master Servicer's and the Subservicers' system.

  • The Subservicer shall provide the Trust, NSLF and the Master Servicer with reasonable advance notice as to any Rejected Loans which the Subservicer declines to place on Subservicer's system.

  • The Subservicer may in its discretion, prior to placing such loans in the Subservicer's system, reject certain loans or loan portfolios ("Rejected Loans").

  • Servicer shall provide Lender with reasonable notice prior to transfer to Servicer's system as to Servicer's determination that Education Loans are deemed to be Rejected Loans.

  • Yes☐ No☐ If Subscriber’s non-foreign status changes or if any other information in this item changes, Subscriber agrees to notify the Company within 30 days thereafter.

  • The Servicer shall provide the Trust, NSLF and the Administrator with reasonable advance notice as to any Rejected Loans which the Servicer declines to place on Servicer's system.

  • Therefore, Servicer may in its discretion reject certain Education Loans or Education Loan portfolios ("Rejected Loans") prior to placing such loans on the Servicer system.

  • Until such research is completed, and the Requirements are complete, the Rejected Loans shall otherwise remain inactive, and Servicer shall not provide any more of the Services for such loans.

  • SERVICING AGREEMENT 11/13/2001 PAGE 5 Therefore, Servicer may in its discretion reject certain Education Loans or Education Loan portfolios ("Rejected Loans") prior to placing such loans on the Servicer system.

Related to Rejected Loans

  • Affected Loans as defined in Section 2.18(b).

  • Impacted Loans has the meaning specified in Section 3.03.

  • Affected Loan has the meaning specified in Section 3.04.

  • Corrected Loan Any Serviced Loan that had been a Specially Serviced Loan but has ceased to be such in accordance with the definition of “Specially Serviced Loan” (other than by reason of a Liquidation Event occurring in respect of such Serviced Loan or a related Mortgaged Property becoming an REO Property).

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Permitted Loans means:

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Designated loan means a loan se- cured by a building or mobile home that is located or to be located in a special flood hazard area in which flood insurance is available under the Act.

  • Syndicated Loans means Base Rate Loans or Euro-Dollar Loans made pursuant to the terms and conditions set forth in Section 2.01.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Offered Loans has the meaning specified in Section 2.05(d)(iii).

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • LIBOR Rate Loans means the Loans bearing interest with reference to the LIBOR Rate.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Syndicated Loan means a Loan made by a Lender pursuant to Section 2.01(a); provided that, if any such loan or loans (or portions thereof) are combined or subdivided pursuant to a Notice of Interest Rate Election, the term “Syndicated Loan” shall refer to the combined principal amount resulting from such combination or to each of the separate principal amounts resulting from such subdivision, as the case may be.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • Permitted Loan shall have the meaning set forth in Section 4.02(a).

  • Committed Loan has the meaning specified in Section 2.01.

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.

  • Affected Lender has the meaning specified therefor in Section 2.13(b) of the Agreement.

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.

  • Revolving Loans as defined in Section 2.4(a).

  • ABR Loans Loans the rate of interest applicable to which is based upon the ABR.