Related Loan definition

Related Loan means any loan or extension of credit to an Obligor of a Shared-Loss Loan held by the Assuming Institution at any time on or prior to the end of the Final Shared-Loss Month.

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Related Loan means a loan to an Affiliate of Borrower or secured by a Related Property, that is included in a Securitization with the Loan (or any portion thereof or interest therein).

Related Loan means any loan or extension of credit held by the Assuming Bank at any time on or prior to the end of the final Recovery Quarter that is: (i) made to the same Obligor with respect to a Loan that is a Shared-Loss Asset or with respect to a Loan from which Other Real Estate, Additional ORE or Subsidiary ORE derived, or (ii) attributable to the same primary Obligor with respect to any Loan described in clause (i) under the rules of the Assuming Bank’s Chartering Authority concerning the legal lending limits of financial institutions organized under its jurisdiction as in effect on the Commencement Date, as applied to the Assuming Bank.

Examples of Related Loan in a sentence

• Payments in respect of principal and Interest (including pursuant to Section 2.13) shall be allocated and applied to Owners of such Related Loan based on their respective Invested Percentages, or in any such case in such other proportions as each affected Lender may agree upon in writing from time to time with such Agent and the Borrower.

• If any such modification occurs after the Termination Date for a Related Loan, such Receivable must be repurchased by the initial Servicer pursuant to Section 5.04(b).

• In the case of any portion of a Related Loan owned by an Agent as agent for its Lender Group, such Agent shall allocate to the members of its Lender Group each payment in respect of the Related Loan received by such Agent as provided herein.

• All interest hereunder on a Related Loan shall be computed on a daily basis based upon the outstanding principal amount of the Related Loan, respectively, as of the applicable date of determination.

• Any such prepayment of the Pool 1 Loan Outstanding, the Pool 2 Loan Outstanding, the Pool 3 Loan Outstanding, the Pool 4 Loan Outstanding, or the Pool 5 Loan Outstanding shall be an “Optional Redemption” with respect to the Related Loan).

More Definitions of Related Loan

Related Loan shall have the meaning set forth in Section 13.6 hereof.

Related Loan means a loan to an Affiliate of Borrower or any Guarantor or secured by a Related Property, that is included in a Securitization with the Loan, and any other loan that is cross-collateralized with the Loan.

Related Loan means any loan or extension of credit held by the Assuming Institution at any time on or prior to the end of the final Recovery Quarter that is: (i) made to the same Obligor with respect to a Loan that is a Shared-Loss Asset or with respect to a Loan from which Other Real Estate, or Additional ORE derived, or (ii) attributable to the same primary Obligor with respect to any Loan described in clause (i) under the rules of the Assuming Institution’s Chartering Authority concerning the legal lending limits of financial institutions organized under its jurisdiction as in effect on the Commencement Date, as applied to the Assuming Institution.

Related Loan means (i) a loan made to an Affiliate of Borrower or Guarantor or secured by a Related Property that is included in a Securitization with the Loan or any portion thereof or interest therein or (ii) any loan that is cross-collateralized or cross-defaulted with the Loan.

Related Loan. Group: For Group 1, Loan Group 1; for Group 2, Loan Group 2; and for Group 3, Loan Group 3.

Related Loan means a Purchased Loan that is an Early Purchase Program Loan and underlies a Participation Certificate or the Related Security, as the context may require.

Related Loan means, with respect to any Financed Property, (a) the Loan made with respect to such Financed Property or (b) the Loan made with respect to another Financed Property that was replaced by such Financed Property (either directly through a Collateral Substitution or indirectly through a series of successive Collateral Substitutions).