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 the proceeds of which were used to satisfy in full an existing 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.
Examples of Renewal Loan in a sentence
The Cut-Off Date for the Assigned Additional Loans [(other than Renewal Loans in connection with Renewal Loan Replacements)] is [_________].
In connection with any Renewal that does not constitute a Renewal Loan Replacement, on the day on which the Seller pays the Terminated Loan Price with respect to the Terminated Loan in immediately available funds to the Servicer pursuant to the Loan Purchase Agreement, for deposit into the Collection Account, the Servicer shall deposit such amounts in immediately available funds into such account on such date.
More Definitions of Renewal Loan
Renewal Loan means a loan evidenced by a Renewal Note.
Renewal Loan. ’ shall mean 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 personal loan entered into between the applicable Regional Originator and the Loan Obligor 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. 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 loan to the Partnership in connection with a matured Balloon Amphitheater Loan, upon substantially the following terms:
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;
Renewal Loan mean (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.