We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Serial Loans definition

Serial Loans means additional student loans, including Consolidation Loans, which are made under the Programs to a borrower who is also a borrower under at least one Financed Student Loan.
Serial Loans means, for any Owner, the series of loans, each of which will correspond in maturity date and interest rate with the Serial Mortgage Notes of a specific maturity date, to and including the first optional termination date for the related Initial Charter, made by California Petroleum to such Owner under the related Serial Loan Agreement.
Serial Loans. [ ] loans with aggregate principal balances of [ ] (portion represented by Purchase Premium Amounts ) were purchased during the related ------- Collection Period.

Examples of Serial Loans in a sentence

  • New Loans and Serial Loans to the Eligible Lender Trustee on Behalf of the Trust.

  • Agreement The parties intend that the conveyance of the Seller's (and, with respect to legal title to the loans, NBD's) right, title and interest in and to the Initial Financed Student Loans pursuant to this Agreement and any Delayed Delivery Loans, New Loans and Serial Loans pursuant to a related Transfer Agreement shall constitute a valid purchase and sale and not a loan.

  • The parties intend that the conveyance of the Seller's (and, with respect to legal title to the loans, NBD's) right, title and interest in and to the Initial Financed Student Loans pursuant to this Agreement and any New Loans and Serial Loans pursuant to a related Transfer Agreement shall constitute a valid purchase and sale and not a loan.

  • The information set forth in Schedule A to this Agreement is true and correct in all material respects as of the opening of business on the Cutoff Date with respect to the Initial Financial Student Loans and the Subsequent Cutoff Date, with respect to the Prefunded Loans and Serial Loans.

  • The parties intend that the conveyance of the Seller's (and, with respect to legal title to the loans, [______________]) right, title and interest in and to the Initial Financed Student Loans pursuant to this Agreement and any Prefunded Loans, New Loans and Serial Loans pursuant to a related Transfer Agreement shall constitute a valid purchase and sale and not a loan.

  • Agreement The parties intend that the conveyance of the Seller's (and, with respect to legal title to the loans, Bank One's) right, title and interest in and to the Initial Financed Student Loans pursuant to this Agreement and any Prefunded Loans, New Loans and Serial Loans pursuant to a related Transfer Agreement shall constitute a valid purchase and sale and not a loan.

  • PROVIDED, HOWEVER, that the Seller shall not incur any liability as a result of transferring Serial Loans on any Transfer Date at a time when the condition set forth in clause (v) was not satisfied, if at the time of such transfer the Authorized Officers of the Seller, after reasonable inquiry of counsel to the Seller, were not aware of any fact that would reasonably suggest that such condition would not be satisfied as of such date.

  • Addition of Cu-BNT significantly (P<0.05) increase the daily body weight gain as compared to the control and other additives, which represent115.09 % of control group (Table 4).

  • Any Purchase Premium Amounts for Serial Loans conveyed to the Trust will be payable on Quarterly Payment Dates out of Reserve Account Excess pursuant to Section 2(e) of the Administration Agreement and such Purchase Premium Amounts will accrue no interest or yield but will be paid on each Quarterly Payment Date to the extent such excess is available in the aggregate amount of such premiums incurred but unpaid up to the end of the related Collection Period.

  • The parties intend that the conveyance of the Seller's (and, with respect to legal title to the loans, FNBC's) right, title and interest in and to the Initial Trust Loans pursuant to this Agreement and any Serial Loans pursuant to the applicable Transfer Agreement shall constitute a valid purchase and sale and not a loan.


More Definitions of Serial Loans

Serial Loans after an initial sale of the Borrower's Note(s), and MOHELA further agrees to purchase any and all such Serial Loans prior to the newly determined graduation date or upon notification from CFSR I, provided the Serial Note meets all eligibility requirements as of the Sale Date.
Serial Loans loans with aggregate principal balances of _______ were purchased ------- during the related Collection Period; withdrawal from Prefunding Account to fund the acquisition of Serial Loans during the related Collection Period: _____

Related to Serial Loans

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • Total Loans at any time, the aggregate principal amount of the Loans of the Lenders outstanding at such time (after converting the outstanding principal amount of any Loans denominated in the Optional Currency into the Dollar Equivalent thereof at such time).

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Lender PMI Loans Mortgage Loans with respect to which the lender rather than the borrower acquired the primary mortgage guaranty insurance and charged the related borrower an interest premium.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Tranche A Loans means the Loans made pursuant to the Tranche A Commitment.

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Delayed Draw Term Loans has the meaning as set forth in Section 2.5(a).

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

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

  • Delayed Draw Loan A Loan that requires one or more future advances to be made by the Borrower and which does not permit the re-borrowing of any amount previously repaid by the related Obligor; provided that, such Loan shall only be considered a Delayed Draw Loan for so long as any future funding obligations remain in effect and only with respect to any portion which constitutes a future funding obligation.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Existing Loans has the meaning specified in Section 2.19(a).

  • U.S. Revolving Loans means the revolving loans made to the U.S. Borrowers pursuant to Section 2.1(a)(i), or any amendment to this Agreement entered into pursuant to Section 2.5, 2.6 or 2.7, each Agent Advance made to a U.S. Borrower and each U.S. Swingline Loan.

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • First Lien Loans means the “Loans” (or any comparable term) as defined in the First Lien Credit Agreement.

  • Additional Loans means any Additional Revolving Loans and any Additional Term Loans.

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

  • Revolving Loans as defined in Section 2.4(a).

  • Senior Loans means the term loans made by the Senior Lenders to the Borrower pursuant to the Senior Term Loan Agreement.

  • Term Loans means, collectively, the Tranche A Term Loans and the Tranche B Term Loans.

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

  • Cooperative Loans Any of the Mortgage Loans made in respect of a Cooperative Apartment, evidenced by a Mortgage Note and secured by (i) a Security Agreement, (ii) the related Cooperative Stock Certificate, (iii) an assignment of the Cooperative Lease, (iv) financing statements and (v) a stock power (or other similar instrument), and ancillary thereto, a recognition agreement between the Cooperative and the originator of the Cooperative Loan, each of which was transferred and assigned to the Trustee pursuant to Section 2.01 and are from time to time held as part of the Trust Fund.

  • Revolving Facility Loans shall include the Other Revolving Loans.