Selected Loans definition

Selected Loans means Loans and their Related Security to be sold by the Guarantor LP pursuant to the terms of the Guarantor LP Agreement and having in the aggregate the Required Loan Balance Amount;
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Selected Loans means Loans and their Related Security to be sold by the LLP pursuant to the terms of the LLP Deed and the Mortgage Sale Agreement and having in aggregate the Required Outstanding Principal Balance Amount; Selection Date has the meaning given to it in Condition 6.4 (Redemption and Purchase – Redemption at the option of the Issuer (Issuer Call)) of the Programme Conditions; Seller means Santander UK in its capacity as Seller under the Mortgage Sale Agreement, and Sellers means, together, the Seller and any New Sellers;
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Selected Loans means a list of loans identified by the Consortium that had a gross book value of approximately ZAR29 billion as at the Curatorship Date, to the extent that such Selected Loans are still in existence (i.e. not repaid) as at the Transaction Effective Date and which includes all advances made in terms of credit card accounts as at the Curatorship Date, to the extent that the relevant credit card facilities are still active as at the Transaction Effective Date;
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Examples of Selected Loans in a sentence

  • In addition, we make no representations as to whether the Loan Documents are comprehensive or valid instruments or reflect the current prevailing terms with respect to the corresponding Sample Loans or Selected Loans.

  • At the request of the Specified Parties, we performed the following procedures with respect to the Selected Loans.

  • At the request of the Company, we performed the following procedures with respect to the Selected Loans.

  • For each of the Selected Loans we compared the Sample Characteristics as shown on the Data File to the corresponding information on a copy of the documents in the loan file or other electronic records (e.g., scanned images) maintained by the Company (the “Loan File Documents”).

  • If the STEP Collateral Mortgage and other Related Security securing a Selected Loan also secures other STEP Loans and/or Other STEP Products, the provisions of Section 3.9 of the Servicing Agreement shall apply to such sale of Selected Loans.

  • The Company instructed us to randomly select 100 Loans from the Data File (the “Selected Loans.”) We provided a listing of the Selected Loans to the Company.

  • The information regarding the Selected Loans was found to be in agreement with the respective information contained in the Loan Files, except as noted in Exhibit B.

  • Pre-Maturity TestPre-Maturity Minimum Ratings Following a breach of the Pre-Maturity test in respect of a Series of Hard Bullet Covered Bonds, and unless the Pre-Maturity Ledger is otherwise funded from the other sources, the Partnership shall offer to sell Randomly Selected Loans if Final Maturity Date is within 12 months from the Pre-Maturity Test Date (1) In the case of DBRS, if Final Maturity Date is within six months of the Pre-Maturity Test Date, then A(high), otherwise A(low).

  • The Guarantor will offer for sale the Selected Loans in respect of which the Seller rejects or fails within the requisite time limit to accept the Guarantor’s offer to sell to Purchasers in the manner and on the terms set out in Article 8 (Asset Coverage Test, Amortisation Test and Sale of Loans) of the Guarantor Agreement.

  • For each of the Selected Loans, we compared the Sample Characteristics as shown on the Initial Data File to the corresponding Loan File Documents.


More Definitions of Selected Loans

Selected Loans means Loans and their Related Security to be sold by the LLP pursuant to the terms of the LLP Deed and the Mortgage Sale Agreement and having in aggregate the Required Outstanding Principal Balance Amount;
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Related to Selected Loans

  • Affected Loans as defined in Section 2.18(b).

  • Impacted Loans has the meaning specified in Section 3.03.

  • Affected Loan has the meaning specified in Section 3.04.

  • Committed Loans means loans made pursuant to Section 2.1(a).

  • Permitted Loans means:

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Corrected Loan Any Serviced Loan that had been a Specially Serviced Loan but has ceased to be such in accordance with the definition of “Specially Serviced Loan” (other than by reason of a Liquidation Event occurring in respect of such Serviced Loan or a related Mortgaged Property becoming an REO Property).

  • Designated loan means a loan se- cured by a building or mobile home that is located or to be located in a special flood hazard area in which flood insurance is available under the Act.

  • LIBOR Rate Loans means Loans bearing interest at a rate based on the LIBOR Base Rate or LIBOR Rate, as applicable.

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • LIBOR Loans means a Loan or any portion thereof bearing interest by reference to the LIBOR Rate.

  • Syndicated Loans means Base Rate Loans or Euro-Dollar Loans made pursuant to the terms and conditions set forth in Section 2.01.

  • LIBO Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Eurodollar Loans Loans the rate of interest applicable to which is based upon the Eurodollar Rate.

  • Eurodollar Revolving Loan means any Revolving Loan bearing interest at a rate determined by reference to the Adjusted LIBOR Rate in accordance with the provisions of Article II.

  • Eurodollar Rate Loans means any Loans or portion thereof on which interest is payable based on the Adjusted Eurodollar Rate in accordance with the terms hereof.

  • Prime Rate Loans means any Loans or portion thereof on which interest is payable based on the Prime Rate in accordance with the terms thereof.

  • Fixed Rate Advances has the meaning specified in Section 2.03(a)(i).

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Index Rate Loan means a Loan or portion thereof bearing interest by reference to the Index Rate.

  • ABR Revolving Loan means any Revolving Facility Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Offered Loans has the meaning specified in Section 2.05(d)(iii).