Spread Loan definition

Spread Loan means a Committed Euro-Dollar Loan, a Committed Alternate Currency Loan or a Money Market Margin Auction Loan.
View Source
Spread Loan means a Committed Euro-Dollar Loan, a Committed Alternate Currency Loan or a Money Market Margin Auction Loan. “Subsidiary” means a Corporation more than 50% of the Voting Stock of which is owned or controlled, directly or indirectly, by the
View Source

Examples of Spread Loan in a sentence

  • In furtherance of the foregoing, notwithstanding any rights or remedies available to Underlying Spread Counterparty with respect to the Repledge Collateral, such rights of the Underlying Spread Counterparty under the Underlying Spread Loan Agreement are solely against the Seller and do not extend to the Buyer.

  • In furtherance of the foregoing, notwithstanding any rights or remedies available to Underlying Spread Counterparty with respect to the Repledge Collateral, such rights of the Underlying Spread Counterparty under the Underlying Spread Loan Agreement are solely against the Borrower and do not extend to the Lender.

  • Pursuant to the Loan and Security Agreement, dated as of April 30, 2015 (as amended, supplemented or otherwise modified from time to time, the “Underlying Spread Loan Agreement”), between Seller, in its capacity as lender thereunder, and PennyMac Holdings, LLC (the “Underlying Spread Counterparty”), Seller agreed from time to time to make loans to the Underlying Spread Counterparty secured by the Repledge Collateral (the “Underlying Loans”).

  • Pursuant to the Loan and Security Agreement, dated as of April 30, 2015 (as amended, supplemented or otherwise modified from time to time, the “Underlying Spread Loan Agreement”), between Borrower, in its capacity as lender thereunder, and PennyMac Holdings, LLC (the “Underlying Spread Counterparty”), Borrower has agreed from time to time to make loans to the Underlying Spread Counterparty secured by the Repledge Collateral (the “Underlying Loans”).

  • Borrower’s agreement to make Underlying Loans to Underlying Spread Counterparty under the Underlying Spread Loan Agreement is subject, in part, to Lender’s agreement to make Repledge Collateral Loans.

  • Seller’s agreement to make Underlying Loans to Underlying Spread Counterparty under the Underlying Spread Loan Agreement is subject, in part, to Buyer’s agreement to enter into Repledge Collateral Transactions.

Related to Spread Loan

  • CD Loan means a Committed Loan to be made by a Bank as a CD Loan in accordance with the applicable Notice of Committed Borrowing.

  • Lender PMI Mortgage Loan Certain Mortgage Loans as to which the lender (rather than the borrower) acquires the Primary Insurance Policy and charges the related borrower an interest premium.

  • RFR Loan means a Loan that bears interest at a rate based on the Adjusted Daily Simple SOFR.

  • ARD Loan Any Mortgage Loan that provides that if the unamortized principal balance thereof is not repaid on its Anticipated Repayment Date, such Mortgage Loan will accrue Additional Interest at the rate specified in the related Mortgage Note and the Mortgagor is required to apply excess monthly cash flow generated by the related Mortgaged Property to the repayment of the outstanding principal balance on such Mortgage Loan.

  • Fixed Rate Mortgage Loan A fixed rate mortgage loan purchased pursuant to this Agreement.