Renewal Loan definition

Renewal Loan means the new non-revolving personal loan entered into between the applicable Regional Originator and the Loan Obligor pursuant to any Renewal.
Renewal Loan means a Loan a portion of the proceeds of which were used to satisfy in full an existing Loan.
Renewal Loan means a Loan the proceeds of which were used to satisfy in full an existing Loan.

Examples of Renewal Loan in a sentence

  • Such assignment shall be effective as of the date such Renewal Loan Replacement is effected, which date shall also be the Addition Date with respect thereto.

  • The Cut-Off Date for the Assigned Additional Loans (other than Renewal Loans in connection with Renewal Loan Replacements) is [ ].

  • However, the Loan Pool, including any Renewal Loan Replacements, will be tested for compliance with Reinvestment Criteria with respect to the succeeding Loan Action Date.

  • The Cut-Off Date with respect to the related Renewal Loan Replacement will be the date of such Renewal Loan Replacement.

  • Immediately upon effecting any such Renewal Loan Replacement, the Seller shall ▇▇▇▇ its electronic records with respect to the related Renewal Loan with the designation required by Section 2.01(c).


More Definitions of Renewal Loan

Renewal Loan means pursuant to any Renewal, the personal loan entered into between the applicable Seller and the Loan Obligor to refinance the related Terminated Loan, which shall include, for the avoidance of doubt, any and all rights to any Renewal Loan Advance.
Renewal Loan means a loan evidenced by a Renewal Note.
Renewal Loan means carrying forward an old obligation by virtue of a new paper, whether or not a new cash advance is made.
Renewal Loan means (a) the new non‑revolving Contract entered into between a Borrower and the Contract Debtor pursuant to any Renewal or (b) in the case of a Renewal Loan Replacement, (i) a “Renewal Loan” as defined in clause (a) herein and/or (ii) a Delinquent Renewal Loan.
Renewal Loan means any loan raised by the Wellington City Council for the purpose
Renewal Loan. A loan extended to the Partnership in connection with a matured Balloon Amphitheater Loan upon the terms and conditions set forth in Section 5.4 of this Agreement.
Renewal Loan means a non-interest bearing and unsecured loan of US$6,900,000 for a term of three years ending 23 March 2011 under the Renewal Loan Agreement;