Retained Loans definition

Retained Loans means loans, indebtedness or liabilities extended or advanced upon the security of a mortgage or hypothecary instrument securing an Eligible Loan(s) transferred or contributed to the guarantor entity which are not also being transferred or contributed to the guarantor entity.
Retained Loans means all Loans other than the Transferred Loans, including but not limited to Residential Mortgage Loans and any commercial and industrial Loans.
Retained Loans means those loans set forth on Exhibit 1.1(f) -1 retained and not transferred by Seller hereunder.

Examples of Retained Loans in a sentence

  • To the extent Loan Documents or files are in Bank’s possession or under Bank’s control, upon Purchaser’s request on each Closing Date, Bank agrees to cause to be delivered or released to Purchaser, Loan Documents on all Purchaser Loans and Retained Loans within five (5) Business Days of the related Closing Date; provided that Bank may retain copies of such information as necessary to comply with the Applicable Laws.

  • The Other Retained Loans shall be allocated consistent with the Other Retained Loan Allocation Methodology and as otherwise described in this Agreement.

  • Purchaser agrees to be responsible for the management, servicing, administration and collection related to the Retained Loans, which shall be memorialized in a separate, mutually acceptable servicing agreement between the parties (“Servicing Agreement”).

  • If Bank elects to retain such Loans as Retained Loans, Company shall promptly re-tag such Loans from “Held for Sale” to “Held to Maturity” on Company’s accounting and loan tracking system.

  • In addition, the Program will include the servicing of the Retained Loans by Sunlight in accordance with the Servicing Agreement.


More Definitions of Retained Loans

Retained Loans means, with respect to each Seller, each payday and other loan made by such Seller to any of its customers or otherwise acquired by such Seller which is outstanding as of the opening of business on the Closing Date and that had an original maturity date of July 31, 2003 or earlier.
Retained Loans as to either Borrower shall mean that portion of each Eligible Loan retained by such Borrower and not granted by such Borrower to any other Person as a participation in the principal amount and accrued interest of such Eligible Loan.
Retained Loans. Mortgage loans acquired by the Depositor pursuant to the Sale Agreements that were not transferred and assigned to the Trust pursuant to SECTION 3.04(A).
Retained Loans. Mortgage loans acquired by the Depositor pursuant to the Sale Agreements that were not transferred and assigned to the Trust pursuant to Section 3.04(a).
Retained Loans as to either Credit Party shall mean the percentage of -------------- each Eligible Loan not granted by such Credit Party to any other Person as a participation in the principal amount and accrued interest of such Eligible Loan.
Retained Loans has the meaning assigned to such term in the Assignment and Amendment Agreement.
Retained Loans has the meaning given in Section 6(c) of this Agreement.