Special Loans definition

Special Loans means the Closed Special Loans, the Class 1 Loans and the Class 2 Loans.
Special Loans has the meaning assigned to such term in Section 2.02(b).
Special Loans means USDA Mortgage Loans and “closed-end” Mortgage Loans with respect to HUD 203(k).

Examples of Special Loans in a sentence

  • The General Partners each expect to borrow $4,000,000.00 from the GDB (the "GDB Loans") for a total of $8,000,000.00 The General Partners agree to utilize the proceeds from the GDB Loans to make a loan to the Partnership of $4,000,000.00 each (the "Special Loans").

  • When the amounts of the Special Loan and/or Loan balances (including interest), as the case may be, of the respective Members are in the ratio of the Percentage Interests of the respective Members, all payments of interest on and repayments of the principal of such Special Loans or Loans shall be pro rata in accordance with the remaining balance (including interest) of each of the Special Loans or Loans.

  • This Section shall not apply to Competitive Borrowings or to Special Loans, which may not be converted or continued.

  • In addition, without the prior written consent of the Required Lenders, there shall not be Special Loans outstanding at any time in the aggregate principal amount in excess of 25% of the aggregate Commitments.

  • Furthermore, true, complete and materially correct copies of reports containing the amounts of all loans, leases, advances, credit enhancements, other extensions of credit, commitments and interest bearing assets of East Penn Financial that East Penn Financial has classified internally as Special Loans and the amounts of all overdrafts occurring since December 31, 2006 are attached hereto on East Penn Financial Disclosure Schedule 3.19 of this Agreement.


More Definitions of Special Loans

Special Loans means the loans that are set forth on the ONB Disclosure Schedule (as defined in Article IV of this Agreement).
Special Loans shall have the meaning set forth in Section 6.06 hereof.
Special Loans means HomeStyle Renovation Mortgage Loans and “closed-end” Mortgage Loans with respect to HUD 203(k).
Special Loans mean the Additional Interim Loans, the Backstop Fee Loan and the Interim Loans.
Special Loans means USDA Mortgage Loans, “closed-end” Mortgage Loans with respect to HUD 203(k), and any Xxxxxx Mortgage Loan originated in the state of Hawaii with a Principal Balance over $1,000,000.
Special Loans means the loans made or acquired by Seller and that are set forth in §1.1 of the Disclosure Schedule.
Special Loans means, as of any date of determination during the Special Period, outstanding Revolving Loans in the amount equal to the Special Loan Amount. For the avoidance of doubt, during the Special Period (and terminating as of the end of such Special Period), Revolving Loans outstanding in an amount equal to the Special Loan Amount are deemed Special Loans and such Special Loans are deemed the first Revolving Loans outstanding and last Revolving Loans to be repaid. “