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

• 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”).

• Where Loans and their Related Security sold to the Guarantor by the Seller are secured by Shared Security which may from time to time also secure other loans, indebtedness or liabilities including Seller Retained Loans not sold to the Guarantor, such Loans shall be deemed to be Guarantor Purchased Loans and subject to the terms of this Agreement.

• Retained Loans sold by Bank in a whole loan transfer shall no longer be considered Retained Loans for any purpose hereunder.

• 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.

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 the percentage of each -------------- Eligible Loan 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 means all Manufactured Home Loans held by Seller or any of its Affiliates on the Closing Date, other than the Warehouse Loans, but including BAHS originated loans (which include all securitized loans which were originated by BAHS), BAHS acquired loans (which include all loans currently owned by BAHS but originated by another entity, including loans originated by an Affiliate of BAHS) and BAHS serviced loans (which include all loans currently serviced by BAHS on behalf of another entity). All of the foregoing loans are the subject of the Servicing Agreement or the Subservicing Agreement.

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 means Loans that are (i) more than ninety (90) days delinquent in payment of principal or interest, (ii) in bankruptcy, (iii) loans that would be considered impaired under GAAP, as determined by Riverview, or (iv) in excess of $100,000 that are approved after the date of this Agreement without the prior written approval of Riverview, and in each case specifically designated by Riverview, prior to Closing, to be treated as Retained Loans.

Retained Loans means the loans set forth under the heading "Retained Loans" on Schedule 1 hereto.

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).